Compass Diversified Holdings Delays Quarterly Report

Compass Diversified Holdings ( (CODI) ) has released a notification of late filing.

Compass Diversified Holdings has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is primarily due to an ongoing investigation by the Audit Committee into matters previously disclosed, which necessitates additional time to restate financial statements for the year ended December 31, 2024, and complete the current quarter’s financials. The company does not anticipate meeting the five-day extension deadline but is working diligently to file as soon as possible. Significant changes in financial results are expected due to the investigation and restatement processes, though specific estimates are not yet available. The notification was signed by Stephen Keller, the Chief Financial Officer, indicating ongoing compliance efforts.

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’ overall stock score is 53, reflecting a combination of both strengths and challenges. The company benefits from strong earnings growth and strategic acquisitions, but faces significant challenges including high leverage, negative cash flows, and recent financial irregularities at a subsidiary. The bearish technical indicators and negative P/E ratio further add to the cautious outlook. Although there is a high dividend yield, the sustainability is questionable given the current financial pressures.

To see Spark’s full report on CODI stock, click here.

More about Compass Diversified Holdings

Average Trading Volume: 693,476

Technical Sentiment Signal: Sell

Current Market Cap: $528.2M

See more data about CODI stock on TipRanks’ Stock Analysis page.