News stories about Compass Diversified (NYSE:CODI) have trended somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Compass Diversified earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.5896144304438 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several equities analysts have recently weighed in on CODI shares. Zacks Investment Research cut shares of Compass Diversified from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th. BidaskClub cut shares of Compass Diversified from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Three analysts have rated the stock with a sell rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $19.50.
Compass Diversified (NYSE:CODI) opened at $17.50 on Tuesday. Compass Diversified has a one year low of $15.90 and a one year high of $18.35. The company has a quick ratio of 1.26, a current ratio of 2.41 and a debt-to-equity ratio of 0.71. The firm has a market cap of $1,048.25, a P/E ratio of -14.96 and a beta of 0.55.
Compass Diversified (NYSE:CODI) last issued its quarterly earnings data on Wednesday, November 8th. The financial services provider reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.22). Compass Diversified had a positive return on equity of 2.77% and a negative net margin of 1.31%. research analysts expect that Compass Diversified will post 1.56 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 25th. Shareholders of record on Thursday, January 18th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 8.23%. The ex-dividend date is Wednesday, January 17th. Compass Diversified’s payout ratio is -123.08%.
In other news, insider James Bottiglieri bought 4,733 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The shares were bought at an average price of $17.24 per share, for a total transaction of $81,596.92. Following the purchase, the insider now owns 55,195 shares in the company, valued at $951,561.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.40% of the stock is currently owned by company insiders.
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About Compass Diversified
Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.
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