Brokerages Set Compass Diversified Holdings (NYSE:CODI) Price Target at $12.75

Compass Diversified Holdings (NYSE:CODI) has been given an average recommendation of “Hold” by the five research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $12.75.

A number of equities analysts have commented on the company. Weiss Ratings raised Compass Diversified from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. Zacks Research raised Compass Diversified from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Finally, B. Riley Financial boosted their price target on Compass Diversified from $8.00 to $10.50 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th.

Compass Diversified Stock Up 0.8%

CODI stock opened at $10.16 on Friday. Compass Diversified has a 52 week low of $4.58 and a 52 week high of $12.64. The company has a quick ratio of 1.56, a current ratio of 2.67 and a debt-to-equity ratio of 34.60. The firm has a 50-day simple moving average of $10.98 and a 200-day simple moving average of $8.46. The stock has a market capitalization of $764.21 million, a P/E ratio of -2.60 and a beta of 1.26.

Institutional Investors Weigh In On Compass Diversified

A number of large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio lifted its stake in shares of Compass Diversified by 0.9% in the first quarter. Public Employees Retirement System of Ohio now owns 133,659 shares of the financial services provider’s stock worth $1,051,000 after buying an additional 1,128 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 valued at $740,000 after acquiring an additional 1,728 shares in the last quarter. Sei Investments Co. raised its holdings in Compass Diversified by 1.8% in the 3rd quarter. Sei Investments Co. now owns 115,570 shares of the financial services provider’s stock valued at $765,000 after acquiring an additional 2,022 shares during the last quarter. Brown Advisory Inc. raised its holdings in Compass Diversified by 3.9% in the 2nd quarter. Brown Advisory Inc. now owns 80,734 shares of the financial services provider’s stock valued at $507,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Prudential Financial Inc. lifted its stake in Compass Diversified by 13.0% in the 2nd quarter. Prudential Financial Inc. now owns 30,325 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 3,490 shares in the last quarter. Hedge funds and other institutional investors own 72.73% of the company’s stock.

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.