Analysts expect Compass Diversified Holdings (NYSE:CODI) to announce $348.42 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Compass Diversified Holdings’ earnings. The lowest sales estimate is $346.10 million and the highest is $350.93 million. Compass Diversified Holdings posted sales of $252.29 million in the same quarter last year, which suggests a positive year over year growth rate of 38.1%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that Compass Diversified Holdings will report full year sales of $348.42 million for the current year, with estimates ranging from $1.31 billion to $1.33 billion. For the next year, analysts expect that the firm will report sales of $1.42 billion per share, with estimates ranging from $1.40 billion to $1.44 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover Compass Diversified Holdings.

Compass Diversified Holdings (NYSE:CODI) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported ($0.53) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.90). Compass Diversified Holdings had a return on equity of 6.42% and a net margin of 2.20%. The business had revenue of $307.38 million for the quarter, compared to the consensus estimate of $302.86 million. During the same period in the previous year, the firm earned $0.33 earnings per share. The company’s revenue was up 43.5% compared to the same quarter last year.

A number of research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Compass Diversified Holdings from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 3rd. BidaskClub raised shares of Compass Diversified Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine downgraded shares of Compass Diversified Holdings from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. TheStreet raised shares of Compass Diversified Holdings from a “c+” rating to a “b” rating in a research report on Friday, July 7th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Compass Diversified Holdings in a research report on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $19.50.

Several hedge funds and other institutional investors have recently bought and sold shares of CODI. IFP Advisors Inc lifted its stake in shares of Compass Diversified Holdings by 0.3% during the 2nd quarter. IFP Advisors Inc now owns 6,575 shares of the financial services provider’s stock worth $115,000 after buying an additional 17 shares during the last quarter. Wedbush Securities Inc. lifted its stake in shares of Compass Diversified Holdings by 6.2% during the 2nd quarter. Wedbush Securities Inc. now owns 11,667 shares of the financial services provider’s stock worth $204,000 after buying an additional 676 shares during the last quarter. First Allied Advisory Services Inc. lifted its stake in shares of Compass Diversified Holdings by 2.0% during the 2nd quarter. First Allied Advisory Services Inc. now owns 12,673 shares of the financial services provider’s stock worth $220,000 after buying an additional 254 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Compass Diversified Holdings by 2.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 13,318 shares of the financial services provider’s stock worth $221,000 after buying an additional 305 shares during the last quarter. Finally, Raymond James Trust N.A. acquired a new stake in shares of Compass Diversified Holdings during the 2nd quarter worth about $228,000. Institutional investors own 33.17% of the company’s stock.

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Compass Diversified Holdings (NYSE CODI) traded up 0.56% during midday trading on Tuesday, reaching $18.10. 135,208 shares of the company’s stock were exchanged. Compass Diversified Holdings has a 12 month low of $15.90 and a 12 month high of $19.50. The stock’s market cap is $1.08 billion. The firm has a 50 day moving average of $17.39 and a 200-day moving average of $17.02.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 26th. Stockholders of record on Thursday, October 19th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.96%. The ex-dividend date of this dividend is Wednesday, October 18th. Compass Diversified Holdings’s dividend payout ratio is presently -276.92%.

Compass Diversified Holdings Company Profile

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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