Compass Diversified (CODI) to Release Earnings on Thursday

Compass Diversified (NYSE:CODI - Get Free Report) is projected to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $624.64 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Compass Diversified Trading Down 0.9 %

NYSE:CODI traded down $0.18 during trading hours on Friday, reaching $20.78. 188,490 shares of the stock were exchanged, compared to its average volume of 184,588. The company has a quick ratio of 1.62, a current ratio of 4.22 and a debt-to-equity ratio of 1.51. The business has a 50-day moving average of $21.88 and a two-hundred day moving average of $21.84. Compass Diversified has a twelve month low of $19.76 and a twelve month high of $25.07. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 43.29, a PEG ratio of 1.25 and a beta of 1.64.

Compass Diversified Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 16th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date was Thursday, January 16th. Compass Diversified's dividend payout ratio is currently 208.33%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CODI shares. B. Riley upgraded Compass Diversified to a "strong-buy" rating in a report on Tuesday, January 7th. TD Cowen started coverage on Compass Diversified in a report on Wednesday, November 27th. They issued a "buy" rating and a $34.00 target price for the company. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $29.00.

About Compass Diversified

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.