Zacks: Analysts Anticipate Capital Southwest Co. (NASDAQ:CSWC) to Post $0.43 Earnings Per Share

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Wall Street analysts predict that Capital Southwest Co. (NASDAQ:CSWC) will report earnings per share of $0.43 for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Capital Southwest’s earnings, with estimates ranging from $0.41 to $0.44. Capital Southwest posted earnings per share of $0.39 in the same quarter last year, which indicates a positive year over year growth rate of 10.3%. The company is scheduled to issue its next earnings report on Monday, February 3rd.

According to Zacks, analysts expect that Capital Southwest will report full-year earnings of $1.69 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $1.77. For the next fiscal year, analysts forecast that the business will post earnings of $1.80 per share, with EPS estimates ranging from $1.72 to $1.90. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Capital Southwest.

Capital Southwest (NASDAQ:CSWC) last released its earnings results on Tuesday, November 5th. The asset manager reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.05). The firm had revenue of $15.22 million during the quarter, compared to the consensus estimate of $15.28 million. Capital Southwest had a return on equity of 8.53% and a net margin of 44.96%.

CSWC has been the subject of a number of recent research reports. BidaskClub upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, November 30th. ValuEngine raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. National Securities began coverage on shares of Capital Southwest in a research report on Monday, September 23rd. They issued a “buy” rating and a $23.00 target price on the stock. Jefferies Financial Group initiated coverage on shares of Capital Southwest in a research note on Thursday, October 10th. They issued a “buy” rating and a $24.00 price target for the company. Finally, B. Riley restated a “hold” rating and set a $23.00 price target on shares of Capital Southwest in a research report on Tuesday, November 26th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Capital Southwest has an average rating of “Hold” and an average price target of $23.40.

Shares of CSWC stock traded up $0.01 during trading hours on Friday, hitting $22.05. 149,093 shares of the company’s stock were exchanged, compared to its average volume of 74,198. The company has a market capitalization of $395.12 million, a PE ratio of 15.53 and a beta of 0.18. Capital Southwest has a 12-month low of $17.22 and a 12-month high of $22.90. The business’s 50 day simple moving average is $21.72 and its 200-day simple moving average is $21.64. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.33.

Several large investors have recently added to or reduced their stakes in CSWC. Millennium Management LLC grew its holdings in shares of Capital Southwest by 656.0% in the third quarter. Millennium Management LLC now owns 231,542 shares of the asset manager’s stock worth $5,047,000 after purchasing an additional 200,916 shares during the last quarter. Creative Planning grew its holdings in Capital Southwest by 591.2% in the 3rd quarter. Creative Planning now owns 129,074 shares of the asset manager’s stock worth $2,814,000 after acquiring an additional 110,399 shares during the last quarter. Virtus ETF Advisers LLC bought a new stake in Capital Southwest in the 2nd quarter worth $2,124,000. Russell Investments Group Ltd. grew its holdings in Capital Southwest by 74.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 60,977 shares of the asset manager’s stock worth $1,277,000 after acquiring an additional 25,955 shares during the last quarter. Finally, Citadel Advisors LLC increased its position in shares of Capital Southwest by 150.5% in the second quarter. Citadel Advisors LLC now owns 35,220 shares of the asset manager’s stock valued at $738,000 after acquiring an additional 21,161 shares during the period. 45.16% of the stock is owned by hedge funds and other institutional investors.

About Capital Southwest

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.

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