Compass Diversified Holdings Gets a Buy Rating from Jefferies

By Jason Carr

In a report issued on June 6, Kyle Joseph from Jefferies reiterated a Buy rating on Compass Diversified Holdings (NYSE: CODI), with a price target of $20. The company’s shares closed yesterday at $16.45.

According to, Joseph is a 4-star analyst with an average return of 10.9% and a 75.0% success rate. Joseph covers the Financial sector, focusing on stocks such as Pennantpark Investment Corp, Gladstone Investment Corp, and Apollo Investment Corp.

Compass Diversified Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $20.

Based on Compass Diversified Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $290 million and GAAP net loss of $36.56 million. In comparison, last year the company earned revenue of $208 million and had a GAAP net loss of $16.87 million.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CODI in relation to earlier this year.

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Compass Diversified Holdings, Inc is a traded fund that invests in small and middle market companies located in North America. The fund focuses on companies with a minimum EBITDA of $10 million, highly defensible positions in their markets, strong management teams, and growth potential. It targets companies operating in the fields of industrial & branded consumer industries. It acquires a controlling interest and provides financing in the form of debt & equity for acquisitions with a transaction size of $75 – $500 million.