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Compass Diversified Holdings (NYSE:CODI) stock has reached a 52-week low, dipping to $16.99, as investors navigate a challenging economic landscape. With a market capitalization of $1.26 billion and a price-to-book ratio of 1.51x, InvestingPro analysis indicates the stock is in oversold territory based on RSI indicators. This price level reflects a significant downturn from the previous year, with the company experiencing a 1-year change of -29.08%. Despite the challenging environment, CODI maintains a robust 5.69% dividend yield and has sustained dividend payments for 20 consecutive years. The decline in CODI’s stock price over the past year highlights the volatility and pressures faced by the diversified holding sector, as market participants reassess the value and future prospects of the company’s varied portfolio amidst shifting market conditions. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report covering CODI’s financial health and growth prospects.
In other recent news, Compass Diversified Holdings reported its Q4 2024 earnings, revealing a significant miss in earnings per share (EPS), which came in at -$0.06 compared to the forecasted $0.56. Despite this, the company experienced a 13.8% increase in consolidated net sales year-over-year, reaching $620.3 million. Adjusted EBITDA also saw a notable growth of 29% year-over-year, amounting to $118 million. The company made strategic moves by acquiring Honeypot and divesting its Ergobaby and Crosman Airgun businesses. In addition, Compass Diversified raised over $115 million in preferred equity during the year, aimed at improving its capital structure. Looking ahead, the company projects a consolidated subsidiary adjusted EBITDA for 2025 to be between $570 million and $610 million. Meanwhile, analysts from firms like CJS Securities and TD Cowen have been engaging with the company about its strategic plans and market positioning. These developments are part of Compass Diversified’s ongoing efforts to align with its long-term strategic vision.
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