Compass Diversified (CODI) to Release Quarterly Earnings on Wednesday

Compass Diversified (NYSE:CODI - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $567.42 million for the quarter.

Compass Diversified Stock Up 1.4%

Compass Diversified stock traded up $0.10 during midday trading on Friday, hitting $6.83. 825,246 shares of the company's stock were exchanged, compared to its average volume of 876,450. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.57 and a current ratio of 4.07. Compass Diversified has a 12 month low of $5.98 and a 12 month high of $24.59. The firm has a 50-day moving average of $6.66 and a two-hundred day moving average of $14.52. The company has a market cap of $513.49 million, a PE ratio of -5.33 and a beta of 1.02.

Hedge Funds Weigh In On Compass Diversified

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC raised its position in Compass Diversified by 345.5% during the 1st quarter. Jane Street Group LLC now owns 193,907 shares of the financial services provider's stock worth $3,620,000 after buying an additional 150,386 shares during the last quarter. AQR Capital Management LLC purchased a new position in Compass Diversified during the 1st quarter worth approximately $294,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Compass Diversified by 6.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,458 shares of the financial services provider's stock worth $2,884,000 after buying an additional 10,006 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Compass Diversified by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,635 shares of the financial services provider's stock worth $740,000 after buying an additional 1,728 shares during the last quarter. 72.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CODI. Jefferies Financial Group cut shares of Compass Diversified to a "hold" rating in a report on Friday, June 6th. B. Riley lowered shares of Compass Diversified from a "buy" rating to a "neutral" rating and decreased their price target for the company from $30.00 to $18.00 in a research report on Thursday, May 8th. Finally, Wall Street Zen raised shares of Compass Diversified from a "hold" rating to a "buy" rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $26.00.

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.