How to Buy Compass Diversified Holdings Stock
Compass Diversified Holdings
Compass Diversified Holdings is a conglomerate company located in Connecticut, United States, which is part of the Industrials sector, and is traded under the ticker CODI on the NYSE exchange.
Compass Diversified Holdings stock last closed at $23.22, up 0.04% from the previous day, and has increased 23.05% in one year. It has overperformed other stocks in the Conglomerates industry by 0.39 percentage points. Compass Diversified Holdings stock is currently +37.56% from its 52-week low of $16.88, and -7.38% from its 52-week high of $25.07.
As of Apr 24, 2024, there are 75.27M CODI shares outstanding. The market cap of CODI is $1.75B. In the past 24 hours, 133,698 CODI shares were traded.
How to Buy Compass Diversified Holdings Stock
Not sure how to invest in Compass Diversified Holdings stock? Here's how.
- Decide where to buy Compass Diversified Holdings stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Compass Diversified Holdings stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your method of payment and add your info.
- Research Compass Diversified Holdings stock: The Compass Diversified Holdings ticker symbol is CODI. Is Compass Diversified Holdings stock a good investment? Should you buy shares of CODI? How do CODI's underlying business fundamentals look? Do top analysts think Compass Diversified Holdings is a good buy? Why has CODI's stock price moved recently? (Hint: Our stock analysis website can help you decide if CODI is a good stock to buy).
- Make your CODI purchase: Decide if you will purchase CODI shares at the current market price or use a limit order to buy CODI shares at a given price.
- Get updates on your CODI investment: Create a watchlist to watch your investment in Compass Diversified Holdings stock.
Step 1: Decide where to buy Compass Diversified Holdings stock
You need a brokerage account to access the NYSE market and buy CODI stock.
Our preferred brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy CODI stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on the best stock buying app, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing money into your investment account.
Step 4: Research Compass Diversified Holdings stock
After you have figured out the best place to buy Compass Diversified Holdings stock, it's absolutely critical to research their stock before you invest, so you can understand the risk and opportunity.
Overview of key CODI info
CODI Overview
WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on CODI's stock page.
Is CODI stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge CODI's intrinsic value.
Using relative valuations ratios:
- CODI could be undervalued based on its P/E ratio of 9.44x, relative to Conglomerates industry P/E ratio of 14.88x
- CODI could be undervalued based on its P/B ratio of 1.32x, relative to Conglomerates industry P/B ratio of 4.9x
You can access additional valuation analysis on CODI's stock here.
CODI Financial Health Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the CODI balance sheet.
- CODI profit margin has gone up from 1.8% to 12% in the past year.
Failed Financial Due Diligence Checks:
- CODI has a relatively high debt to equity ratio of 1.73.
- CODI's operating cash flow of $78.08M allows it to safely service it's debt of $1.67B.
- CODI earnings of $372.80M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the CODI balance sheet.
- Total CODI debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Compass Diversified Holdings stock, according to Wall Street analysts?
Out of 2 Equities analysts who give ratings on CODI, the consensus analyst rating on Compass Diversified Holdings is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Compass Diversified Holdings stock forecast page.
Metrics for Advanced CODI Traders
Is CODI Making Money?
Last year, CODI earnings were $246.29M. During the last four year, CODI's earnings have gone up by -9.33% per year. This was slower than the Conglomerates industry average of 2.29%.
Last year, CODI revenue was $2.06B. During the past 5 year, CODI's revenue has grown by 8.69% per year. This was faster than the Conglomerates industry average of -0.82%.
You can research CODI's earnings and revenue performance here.
Latest Insiders Trades at CODI
Over the last 12 months, insiders at CODI have bought more shares than they have sold.
Ryan J. Faulkingham, was the latest CODI insider to buy. They bought $99,726.25 worth of CODI stock on Apr 2, 2024.
Get more info about who owns CODI stock here.
Can I get consistent income from CODI stock?
Compass Diversified Holdings pays a dividend of 4.31%, compared to the Conglomerates industry's average dividend yield of 3.07%. If you owned $1,000 of CODI stock, you would have received $43.07 last year.
Compass Diversified Holdings dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Compass Diversified Holdings dividend yield and history here.
CODI Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CODI purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and your broker will place your order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your CODI investment
Now that you own some shares in CODI, you'll want to keep up with your new investment.
Make a watchlist to get notified of important updates regarding your CODI stock.
CODI Feed
How to Buy Stock in Compass Diversified Holdings
To summarize, here are the 6 steps to buy Compass Diversified Holdings stock:
- Decide where to buy Compass Diversified Holdings stock
- Open a brokerage account
- Put funds into your investment account
- Research Compass Diversified Holdings stock
- Make your CODI purchase
- Get updates on your CODI investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Compass Diversified Holdings, create your watchlist below.
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