Compass Diversified Holdings Stock Today
| CODI Stock | USD 22.33 0.19 0.86% |
Performance1 of 100
| Odds Of DistressLess than 34
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Compass Diversified is trading at 22.33 as of the 19th of April 2024. This is a 0.86 percent up since the beginning of the trading day. The stock's open price was 22.14. Compass Diversified has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Compass Diversified Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 11th of May 2006 | Category Industrials | Classification Financials |
Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. Compass Diversified was founded in 2005 and is based in Westport, Connecticut with an additional office in Costa Mesa, California. The company has 75.36 M outstanding shares of which 886.05 K shares are currently shorted by private and institutional investors with about 4.0 trading days to cover. More on Compass Diversified Holdings
Moving together with Compass Stock
| 0.78 | AB | AllianceBernstein Earnings Call This Week | PairCorr |
| 0.62 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
| 0.72 | BN | Brookfield Corp | PairCorr |
Moving against Compass Stock
| 0.52 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Compass Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Compass Diversified's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Compass Diversified or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Alan Offenberg | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Multi-Sector Holdings, Financial Services, Industrials, NYSE Composite, Financials, Financial Services, Conglomerates, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Compass Diversified report their recommendations after researching Compass Diversified's financial statements, talking to executives and customers, or listening in on Compass Diversified's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Compass Diversified. The Compass consensus assessment is calculated by taking the average forecast from all of the analysts covering Compass Diversified. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Compass Diversified's historical financial statements, Compass Diversified Holdings is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Compass Diversified is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Compass Diversified's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Compass Diversified's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Compass Diversified's financial leverage. It provides some insight into what part of Compass Diversified's total assets is financed by creditors.
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Compass Diversified Holdings (CODI) is traded on New York Stock Exchange in USA. It is located in 301 Riverside Avenue, Westport, CT, United States, 06880 and employs 4,231 people. Compass Diversified is listed under Multi-Sector Holdings category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Compass Diversified's market, we take the total number of its shares issued and multiply it by Compass Diversified's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Compass Diversified conducts business under Financial Services sector and is part of Financials industry. The entity has 75.36 M outstanding shares of which 886.05 K shares are currently shorted by private and institutional investors with about 4.0 trading days to cover.
Compass Diversified Holdings currently holds about 102.71 M in cash with 78.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43.
Check Compass Diversified Probability Of Bankruptcy
Ownership AllocationCompass Diversified retains a total of 75.36 Million outstanding shares. Over half of Compass Diversified's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Compass Diversified. Please watch out for any change in the institutional holdings of Compass Diversified as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Compass Ownership Details
Compass Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Compass Diversified jumping above the current price in 90 days from now is about 69.36%. The Compass Diversified Holdings probability density function shows the probability of Compass Diversified stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5931 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Compass Diversified will likely underperform. Additionally, compass Diversified Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Compass Diversified to move above the current price in 90 days from now is about 69.36 (This Compass Diversified Holdings probability density function shows the probability of Compass Stock to fall within a particular range of prices over 90 days) .
Compass Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Compass Diversified that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Compass Diversified's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Compass Diversified's value.| Instituion | Recorded On | Shares | |
| Essex Financial Services, Inc. | 2023-12-31 | 774.1 K | |
| Blair William & Co | 2023-12-31 | 720.8 K | |
| Ubs Group Ag | 2023-12-31 | 708.8 K | |
| Geode Capital Management, Llc | 2023-12-31 | 707 K | |
| Sei Investments Co | 2023-12-31 | 642.1 K | |
| Legal & General Group Plc | 2023-12-31 | 610.9 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 602.8 K | |
| Lord, Abbett & Co Llc | 2023-12-31 | 477.8 K | |
| Northern Trust Corp | 2023-12-31 | 431.2 K | |
| American Century Companies Inc | 2023-12-31 | 5.6 M | |
| Vanguard Group Inc | 2023-12-31 | 5 M |
Compass Diversified Historical Income Statement
Compass Diversified Holdings Income Statement is one of the three primary financial statements used for reporting Compass's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Compass Diversified revenue and expense. Compass Diversified Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Compass Diversified's Net Income Applicable To Common Shares is decreasing as compared to previous years. The Compass Diversified's current Net Income is estimated to increase to about 258.6 M, while Total Revenue is projected to decrease to under 1.3 B. View More FundamentalsCompass Stock Against Markets
Picking the right benchmark for Compass Diversified stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Compass Diversified stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Compass Diversified is critical whether you are bullish or bearish towards Compass Diversified Holdings at a given time. Please also check how Compass Diversified's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Compass Diversified without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Compass Diversified Corporate Directors
Compass Diversified corporate directors refer to members of a Compass Diversified board of directors. The board of directors generally takes responsibility for the Compass Diversified's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Compass Diversified's board members must vote for the resolution. The Compass Diversified board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kaajal Ali | Director Culture | Profile | |
| Alana Siska | Director Communications | Profile | |
| Larry Enterline | Independent Director | Profile | |
| Sarah McCoy | Director | Profile |
How to buy Compass Stock?
Before investing in Compass Diversified, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Compass Diversified. To buy Compass Diversified stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Compass Diversified. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Compass Diversified stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Compass Diversified Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Compass Diversified Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Compass Diversified Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Compass Stock please use our How to Invest in Compass Diversified guide.
Already Invested in Compass Diversified Holdings?
The danger of trading Compass Diversified Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Compass Diversified is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Compass Diversified. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Compass Diversified is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Compass Diversified offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Compass Diversified's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Compass Diversified Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compass Diversified Holdings Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Diversified Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Compass Diversified information on this page should be used as a complementary analysis to other Compass Diversified's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Compass Stock analysis
When running Compass Diversified's price analysis, check to measure Compass Diversified's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Compass Diversified is operating at the current time. Most of Compass Diversified's value examination focuses on studying past and present price action to predict the probability of Compass Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Diversified's price. Additionally, you may evaluate how the addition of Compass Diversified to your portfolios can decrease your overall portfolio volatility.
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Is Compass Diversified's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Compass Diversified. If investors know Compass will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Compass Diversified listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 1 | Earnings Share (1.71) | Revenue Per Share 28.554 | Quarterly Revenue Growth 0.039 |
The market value of Compass Diversified is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Diversified's value that differs from its market value or its book value, called intrinsic value, which is Compass Diversified's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Compass Diversified's market value can be influenced by many factors that don't directly affect Compass Diversified's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Compass Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Diversified's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.