Compass Diversified (CODI) Expected to Announce Earnings on Wednesday

Compass Diversified (NYSE:CODI) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $624.64 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Compass Diversified Stock Up 0.9 %

NYSE:CODI opened at $21.17 on Wednesday. Compass Diversified has a 1-year low of $19.76 and a 1-year high of $25.07. The firm’s 50-day moving average price is $22.05 and its 200-day moving average price is $21.85. The company has a market capitalization of $1.60 billion, a PE ratio of 44.10, a P/E/G ratio of 1.24 and a beta of 1.64. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.22 and a quick ratio of 1.62.

Compass Diversified Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 16th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.72%. The ex-dividend date of this dividend was Thursday, January 16th. Compass Diversified’s dividend payout ratio (DPR) is 208.33%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CODI. TD Cowen began coverage on shares of Compass Diversified in a report on Wednesday, November 27th. They set a “buy” rating and a $34.00 price target on the stock. B. Riley raised shares of Compass Diversified to a “strong-buy” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $29.00.

Compass Diversified Company Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.