CSW Industrials, Inc. (NASDAQ:CSWI)‘s stock had its “outperform” rating restated by FBR & Co in a research report issued on Tuesday, July 11th. FBR & Co also issued estimates for CSW Industrials’ FY2018 earnings at $1.65 EPS and FY2019 earnings at $1.87 EPS.
Other research analysts have also issued research reports about the company. Zacks Investment Research lowered CSW Industrials from a “hold” rating to a “sell” rating in a research report on Friday, March 17th. BidaskClub raised CSW Industrials from a “hold” rating to a “buy” rating in a report on Thursday, July 13th.
Shares of CSW Industrials (NASDAQ:CSWI) traded up 0.26% during midday trading on Tuesday, hitting $38.40. 55,356 shares of the stock were exchanged. The stock has a market cap of $611.25 million, a P/E ratio of 54.86 and a beta of 1.38. CSW Industrials has a one year low of $29.25 and a one year high of $41.85. The stock’s 50-day moving average price is $38.71 and its 200 day moving average price is $36.77.
CSW Industrials (NASDAQ:CSWI) last released its quarterly earnings data on Wednesday, June 14th. The basic materials company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.03. CSW Industrials had a return on equity of 9.95% and a net margin of 3.38%. The business had revenue of $87.30 million for the quarter, compared to analysts’ expectations of $80.41 million. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. On average, analysts anticipate that CSW Industrials will post $2.00 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc purchased a new position in shares of CSW Industrials during the second quarter worth approximately $104,000. US Bancorp DE bought a new stake in CSW Industrials during the first quarter worth $197,000. Spark Investment Management LLC bought a new stake in CSW Industrials during the second quarter worth $208,000. Gotham Asset Management LLC bought a new stake in CSW Industrials during the first quarter worth $259,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in CSW Industrials during the first quarter worth $299,000. 66.14% of the stock is currently owned by hedge funds and other institutional investors.
CSW Industrials Company Profile
CSW Industrials, Inc (CSWI) is a diversified industrial growth company. The Company operates through three segments: Industrial Products; Coatings, Sealants & Adhesives, and Specialty Chemicals. The Industrial Products segment consists of specialty mechanical products; fire and smoke protection products; architecturally specified building products, and storage, filtration and application equipment.
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