Stock To Watch: Compass Diversified Holdings (NYSE:CODI)


The leading market experts have placed a mean price target of $18.67 on Compass Diversified Holdings (NYSE:CODI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.42 a share for the upcoming quarter and $1.33 for the current fiscal.

Technical View

The technical analysis of Compass Diversified Holdings Sh plainly substantiates that the 50-day moving average of Compass Diversified Holdings Sh is $17.05, and stock is trading $0.10 points away or +0.61% from its 50-day moving average of $17.05. Further it is trading $1.18 or +7.38% away its 200-day moving average of $15.97. Compass Diversified Holdings (NYSE:CODI) 52-week high is $17.58 and the 52-week low is $13.65.

This explains if the stock moves $-0.43, it will post a 52-week high. In event of +25.64% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Compass Diversified Holdings Sh, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Compass Diversified Holdings (NYSE:CODI) ratio came in at 6.36.

The stock last ended the trading session at $17.15 and registered a market cap of $931.23M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Compass Diversified Holdings (NYSE:CODI) PEG ratio is at 1.42.

1 Chart Pattern Every Investor Should Know

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