Compass Diversified (CODI) Stock Price, News & Analysis

Company Overview

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. The firm prefers to invest in companies based in North America. It seeks to invest between $100 million and $800 million in companies with an EBITDA between $15 million to $80 million. It seeks to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm prefer to have majority stake in companies. The firm invests through its balance sheet and typically holds investments between five to seven years. Compass Diversified was founded in 2006 and is based in Westport, Connecticut with an additional office in Costa Mesa, California.

Key Stats

• Today's Range: $22.91 to $23.10
• 50-Day Range: $20.55 to $23.27
• 52-Week Range: $19.76 to $25.07
• Volume: 5,666 shs
• Average Volume: 203,932 shs
• Market Capitalization: $1.75 billion
• P/E Ratio: 48.13
• Dividend Yield: 4.33%
• Price Target: $26.50
• Consensus Rating: Moderate Buy

Compass Diversified Stock Analysis - MarketRank™

Compass Diversified scored higher than 77% of companies evaluated by MarketBeat, and ranked 274th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Compass Diversified has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Compass Diversified has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.82%

Earnings Growth

Earnings for Compass Diversified are expected to grow by 12.82% in the coming year, from $1.95 to $2.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Compass Diversified is 47.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Compass Diversified is 47.84, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

Price to Earnings Growth Ratio

Compass Diversified has a PEG Ratio of 1.48. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Compass Diversified has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.02% of the outstanding shares of Compass Diversified have been sold short.

Short Interest Ratio / Days to Cover

Compass Diversified has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Compass Diversified has recently decreased by 16.05%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Compass Diversified is a leading dividend payer. It pays a dividend yield of 4.35%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Compass Diversified does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Compass Diversified is 208.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Compass Diversified will have a dividend payout ratio of 45.45% next year. This indicates that Compass Diversified will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.02% of the outstanding shares of Compass Diversified have been sold short.

Short Interest Ratio / Days to Cover

Compass Diversified has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Compass Diversified has recently decreased by 16.05%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.76

News Sentiment

Compass Diversified has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Compass Diversified this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 1 people have added Compass Diversified to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Compass Diversified insiders have sold 2,751.45% more of their company's stock than they have bought. Specifically, they have bought $109,350.00 in company stock and sold $3,118,066.00 in company stock.

Percentage Held by Insiders

Only 1.76% of the stock of Compass Diversified is held by insiders.

Percentage Held by Institutions

72.73% of the stock of Compass Diversified is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CODI Stock Analysis - Frequently Asked Questions

How have CODI shares performed this year?

Compass Diversified's stock was trading at $22.45 on January 1st, 2024. Since then, CODI shares have increased by 2.3% and is now trading at $22.9650.
View the best growth stocks for 2024 here.

How were Compass Diversified's earnings last quarter?

Compass Diversified (NYSE:CODI) posted its quarterly earnings data on Wednesday, October, 30th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.10. The company's revenue for the quarter was up 11.8% compared to the same quarter last year.

Who are Compass Diversified's major shareholders?

Compass Diversified's top institutional investors include Allspring Global Investments Holdings LLC (5.65%), Essex Financial Services Inc. (1.73%), State Street Corp (1.61%) and The Manufacturers Life Insurance Company (1.43%). Insiders that own company stock include Cgi Magyar Holdings Llc, Elias Sabo, Patrick A Maciariello, Anholt Investments Ltd, James Bottiglieri and Ryan J Faulkingham.
View institutional ownership trends.

How do I buy shares of Compass Diversified?

Shares of CODI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Compass Diversified own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Compass Diversified investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Pfizer (PFE), AT&T (T), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Ex-Dividend for 10/24 Dividend: 10/17/2024
• Dividend Payable: 10/24/2024
• Last Earnings: 10/30/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Household furniture
• Sub-Industry: Consumer Goods
• Current Symbol: NYSE:CODI
• CUSIP: N/A
• CIK: 1345126
• Web: www.compassequity.com
• Phone: (203) 221-1703
• Fax: 203-221-8253
• Employees: 4,711
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.50
• High Stock Price Target: $30.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: +15.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.48
• Trailing P/E Ratio: 47.84
• Forward P/E Ratio: 11.78
• P/E Growth: 1.48
• Net Income: $246.29 million
• Net Margins: 6.24%
• Pretax Margin: 1.40%
• Return on Equity: 12.25%
• Return on Assets: 3.74%

Debt

• Debt-to-Equity Ratio: 1.51
• Current Ratio: 4.22
• Quick Ratio: 1.62

Sales & Book Value

• Annual Sales: $2.06 billion
• Price / Sales: 0.84
• Cash Flow: $3.53 per share
• Price / Cash Flow: 6.51
• Book Value: $15.48 per share
• Price / Book: 1.48

Miscellaneous

• Outstanding Shares: 75,650,000
• Free Float: 74,321,000
• Market Cap: $1.74 billion
• Optionable: Optionable
• Beta: 1.67