Analysts Set Compass Diversified Holdings (NYSE:CODI) PT at $12.75

Shares of Compass Diversified Holdings (NYSE:CODI) have been given a consensus recommendation of “Hold” by the five research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $12.75.

A number of equities research analysts have recently issued reports on the stock. Raymond James Financial assumed coverage on shares of Compass Diversified in a research report on Wednesday, March 11th. They issued a “hold” rating for the company. Weiss Ratings upgraded shares of Compass Diversified from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, April 21st. Zacks Research upgraded shares of Compass Diversified from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Wall Street Zen upgraded shares of Compass Diversified from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, B. Riley Financial lifted their price objective on shares of Compass Diversified from $8.00 to $10.50 and gave the company a “neutral” rating in a research note on Tuesday, April 7th.

Insider Transactions at Compass Diversified

In other news, insider Stephen Keller acquired 30,000 shares of the business’s stock in a transaction on Monday, April 6th. The shares were purchased at an average cost of $8.61 per share, with a total value of $258,300.00. Following the acquisition, the insider directly owned 20,000 shares of the company’s stock, valued at $172,200. The trade was a -300.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Institutional Trading of Compass Diversified

A number of institutional investors have recently modified their holdings of the business. Essential Partners LLC increased its position in shares of Compass Diversified by 9,263.2% during the first quarter. Essential Partners LLC now owns 5,337 shares of the financial services provider’s stock valued at $42,000 after buying an additional 5,280 shares during the period. RPO LLC bought a new stake in shares of Compass Diversified during the fourth quarter valued at about $60,000. Geneos Wealth Management Inc. increased its position in shares of Compass Diversified by 68.6% during the second quarter. Geneos Wealth Management Inc. now owns 9,830 shares of the financial services provider’s stock valued at $62,000 after buying an additional 4,000 shares during the period. Focus Partners Wealth bought a new stake in shares of Compass Diversified during the third quarter valued at about $70,000. Finally, Quantessence Capital LLC bought a new position in Compass Diversified during the third quarter valued at approximately $70,000. 72.73% of the stock is currently owned by hedge funds and other institutional investors.

Compass Diversified Price Performance

NYSE CODI opened at $10.29 on Wednesday. The company has a quick ratio of 1.56, a current ratio of 2.67 and a debt-to-equity ratio of 34.60. Compass Diversified has a 12-month low of $4.58 and a 12-month high of $12.64. The company has a market capitalization of $773.84 million, a PE ratio of -2.63 and a beta of 1.26. The firm’s 50 day moving average is $11.05 and its 200-day moving average is $7.89.

Compass Diversified Company Profile

Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.

Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.