Compass Diversified Holdings ( (CODI) ) has released a notification of late filing.
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Compass Diversified Holdings has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the need for additional time to complete an ongoing investigation by the Audit Committee and to restate financial statements for previous fiscal years. The company anticipates filing the report as soon as reasonably practicable but not within the five-calendar day extension period. Compass Diversified Holdings expects significant changes in its financial results due to the investigation and restatement processes, although specific estimates are not yet available. The notification was signed by Stephen Keller, the Chief Financial Officer, indicating the company’s commitment to resolving the issues and ensuring compliance.
The most recent analyst rating on (CODI) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
Spark’s Take on CODI Stock
According to Spark, TipRanks’ AI Analyst, CODI is a Neutral.
Compass Diversified Holdings faces significant challenges due to financial irregularities at a subsidiary, impacting its financial stability and market sentiment. While the company offers a high dividend yield, its negative P/E ratio and technical indicators suggest caution. The firm’s financial performance is stable but requires improvements in cash flow management and leverage reduction to enhance shareholder value.
To see Spark’s full report on CODI stock, click here.
More about Compass Diversified Holdings
Average Trading Volume: 1,445,528
Technical Sentiment Signal: Sell
Current Market Cap: $510.1M
See more data about CODI stock on TipRanks’ Stock Analysis page.