News articles about Compass Diversified (NYSE:CODI) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Compass Diversified earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.4717454429659 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
CODI stock opened at $16.40 on Monday. Compass Diversified has a 1-year low of $15.70 and a 1-year high of $18.35. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.32 and a current ratio of 2.48.
Compass Diversified (NYSE:CODI) last released its quarterly earnings data on Wednesday, February 28th. The financial services provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. Compass Diversified had a return on equity of 2.11% and a net margin of 2.20%. The company had revenue of $348.40 million for the quarter, compared to analyst estimates of $350.99 million. During the same period in the prior year, the company posted ($0.14) EPS. The company’s revenue was up 9.4% compared to the same quarter last year. equities research analysts predict that Compass Diversified will post 1.95 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 26th. Stockholders of record on Thursday, April 19th will be paid a $0.36 dividend. The ex-dividend date is Wednesday, April 18th. This represents a $1.44 annualized dividend and a dividend yield of 8.78%.
Several research firms have commented on CODI. Zacks Investment Research raised Compass Diversified from a “sell” rating to a “hold” rating in a report on Tuesday, March 6th. TheStreet cut Compass Diversified from a “b-” rating to a “c” rating in a report on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the stock. Compass Diversified has an average rating of “Hold” and an average price target of $20.00.
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About Compass Diversified
Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, and business services sectors.
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