CSW Industrials, Inc. (NASDAQ:CSWI) – Equities researchers at FBR & Co issued their FY2018 earnings per share estimates for CSW Industrials in a note issued to investors on Tuesday. FBR & Co analyst L. Burke expects that the basic materials company will earn $1.65 per share for the year. FBR & Co has a “Outperform” rating on the stock. FBR & Co also issued estimates for CSW Industrials’ FY2019 earnings at $1.87 EPS.
CSWI has been the subject of a number of other reports. Zacks Investment Research downgraded shares of CSW Industrials from a “hold” rating to a “sell” rating in a research note on Friday, March 24th. BidaskClub raised shares of CSW Industrials from a “hold” rating to a “buy” rating in a research note on Thursday.
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CSW Industrials (CSWI) traded up 0.50% on Friday, hitting $40.00. The stock had a trading volume of 24,427 shares. The company has a market cap of $636.72 million, a P/E ratio of 57.14 and a beta of 1.39. The stock’s 50-day moving average is $36.45 and its 200-day moving average is $36.34. CSW Industrials has a 52-week low of $29.25 and a 52-week high of $41.85.
CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Wednesday, June 14th. The basic materials company reported $0.43 earnings per share for the quarter, topping 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 firm had revenue of $87.30 million during the quarter, compared to analyst estimates of $80.41 million. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis.
A number of institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE bought a new position in CSW Industrials during the first quarter worth about $197,000. Gotham Asset Management LLC bought a new position in CSW Industrials during the first quarter worth about $259,000. Dynamic Technology Lab Private Ltd bought a new position in CSW Industrials during the first quarter worth about $299,000. American International Group Inc. increased its position in CSW Industrials by 7.2% in the first quarter. American International Group Inc. now owns 8,884 shares of the basic materials company’s stock worth $326,000 after buying an additional 595 shares during the last quarter. Finally, Nationwide Fund Advisors increased its position in CSW Industrials by 4.2% in the first quarter. Nationwide Fund Advisors now owns 9,317 shares of the basic materials company’s stock worth $342,000 after buying an additional 379 shares during the last quarter. 66.10% of the stock is owned by 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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