In the last trading session, 1.62 million shares of the Compass Diversified Holdings (NYSE:CODI) were traded, and its beta was 1.05. Most recently the company’s share price was $6.5, and it changed around -$0.12 or -1.81% from the last close, which brings the market valuation of the company to $489.03M. CODI currently trades at a discount to its 52-week high of $24.59, offering almost -278.31% off that amount. The share price’s 52-week low was $6.00, which indicates that the current value has risen by an impressive 7.69% since then. We note from Compass Diversified Holdings’s average daily trading volume that its 10-day average is 1.22 million shares, with the 3-month average coming to 1.46 million.
Compass Diversified Holdings stock received a consensus recommendation rating of Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended CODI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Compass Diversified Holdings (NYSE:CODI) trade information
Instantly CODI has showed a red trend with a performance of -1.81% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.76 on recent trading dayincreased the stock’s daily price by 3.85%. The company’s shares are currently down -70.20% year-to-date, but still up 5.86% over the last five days. On the other hand, Compass Diversified Holdings (NYSE:CODI) is -7.28% down in the 30-day period. We can see from the shorts that 1.86 million shares have been sold at a short interest cover period of 1.06 day(s).
The consensus price target as assigned by Wall Street analysts is $26, which translates to bulls needing to increase their stock price by 75.0% from its current value. Analyst projections state that CODI is forecast to be at a low of $26 and a high of $26.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.00%.
CODI Dividends
Compass Diversified Holdings’s next quarterly earnings report is expected to be released on 2025-Feb-27. The annual dividend yield of the stock is 15.38 percent and its annual dividend per share was 1.00. It is important to note, however, that the 15.38% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.71 per year.
Compass Diversified Holdings (NYSE:CODI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 11.50% of Compass Diversified Holdings shares, and 62.86% of them are in the hands of institutional investors. The stock currently has a share float of 71.03%. Compass Diversified Holdings stock is held by 314.0 institutions, with AMERICAN CENTURY COMPANIES INC being the largest institutional investor. By 2024-06-30, it held 7.2259% of the shares, which is about 5.45 million shares worth $119.25 million.
VANGUARD GROUP INC, with 6.629% or 5.0 million shares worth $109.4 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
