Compass Diversified Holdings (NYSE: CODI) stock suffered a major decline of -10.7% on 8/1/24. The shares closed at $21.49. Moreover, this decline was accompanied by unusually high trading volume at 186% of normal. The stock has performed in line with the market over the last nine months and has declined -8.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CODI is expected to continue to be a major Value Builder.
Compass Diversified Holdings has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Compass Diversified Holdings has a neutral Appreciation Score of 41 and a neutral Power Rating of 54, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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