Compass Diversified (CODI) Projected to Post Quarterly Earnings on Thursday

Compass Diversified (NYSE:CODI) is expected to be issuing its quarterly earnings data 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. Parties interested in listening to the company’s conference call can do so using this link.

Compass Diversified Trading Down 0.9 %

Shares of Compass Diversified stock opened at $20.61 on Tuesday. Compass Diversified has a 52-week low of $19.76 and a 52-week high of $25.07. The stock’s 50-day simple moving average is $21.75 and its 200 day simple moving average is $21.86. The stock has a market capitalization of $1.56 billion, a P/E ratio of 42.93, a P/E/G ratio of 1.25 and a beta of 1.64. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.62 and a current ratio of 4.22.

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 paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend was Thursday, January 16th. Compass Diversified’s dividend payout ratio is currently 208.33%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. B. Riley upgraded Compass Diversified to a “strong-buy” rating in a research note on Tuesday, January 7th. TD Cowen assumed coverage on Compass Diversified in a research note on Wednesday, November 27th. They issued a “buy” rating and a $34.00 price objective on the stock. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus 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.