Compass Diversified (NYSE:CODI) announced its earnings results on Wednesday. The financial services provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.15, MarketWatch Earnings reports. Compass Diversified had a negative net margin of 4.52% and a positive return on equity of 10.63%. The firm had revenue of $333.63 million for the quarter, compared to the consensus estimate of $281.17 million.

Shares of Compass Diversified stock traded down $0.26 during trading hours on Friday, hitting $15.74. The company had a trading volume of 4,157 shares, compared to its average volume of 202,547. The company’s 50-day moving average is $17.06 and its two-hundred day moving average is $18.19. Compass Diversified has a twelve month low of $10.78 and a twelve month high of $26.37. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.16 and a quick ratio of 2.60. The company has a market cap of $1.03 billion, a P/E ratio of -7.59 and a beta of 1.84.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Thursday, July 16th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 9.15%. The ex-dividend date was Wednesday, July 15th. Compass Diversified’s payout ratio is 83.24%.

In related news, insider Elias Sabo bought 55,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was acquired at an average price of $17.29 per share, for a total transaction of $950,950.00. Also, major shareholder Anholt Investments Ltd. bought 131,100 shares of the stock in a transaction dated Thursday, May 14th. The stock was bought at an average price of $15.40 per share, with a total value of $2,018,940.00. In the last 90 days, insiders bought 192,350 shares of company stock valued at $3,079,640. Company insiders own 2.70% of the company’s stock.

Several equities research analysts recently weighed in on CODI shares. William Blair reaffirmed an “outperform” rating on shares of Compass Diversified in a research note on Tuesday, June 16th. Jefferies Financial Group started coverage on shares of Compass Diversified in a research note on Wednesday, April 22nd. They set a “buy” rating and a $22.00 target price on the stock. ValuEngine downgraded shares of Compass Diversified from a “hold” rating to a “sell” rating in a research note on Thursday. Roth Capital reaffirmed a “buy” rating and set a $20.00 target price on shares of Compass Diversified in a research note on Tuesday. Finally, Zacks Investment Research raised shares of Compass Diversified from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $20.67.

Compass Diversified Company Profile

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, business services sector, safety & security, electronic components, food, foodservice.

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Earnings History for Compass Diversified (NYSE:CODI)

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