CSW Industrials, Inc. (NASDAQ:CSWI) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Thursday.

Separately, Zacks Investment Research raised shares of CSW Industrials from a “sell” rating to a “hold” rating in a research note on Thursday, March 30th.

Shares of CSW Industrials (NASDAQ CSWI) traded down 0.63% on Thursday, reaching $39.55. 48,014 shares of the company’s stock traded hands. The company has a 50 day moving average price of $36.45 and a 200 day moving average price of $36.34. The firm has a market capitalization of $628.45 million, a price-to-earnings ratio of 23.54 and a beta of 1.39. CSW Industrials has a 52 week low of $29.25 and a 52 week high of $41.85.

CSW Industrials (NASDAQ:CSWI) last released its quarterly earnings results on Wednesday, June 14th. The basic materials company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. CSW Industrials had a net margin of 3.38% and a return on equity of 9.95%. The company had revenue of $87.30 million for the quarter, compared to the consensus estimate of $80.41 million. CSW Industrials’s revenue for the quarter was up 14.5% compared to the same quarter last year. On average, equities research analysts predict that CSW Industrials will post $2.00 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in CSWI. Janus Capital Management LLC boosted its position in shares of CSW Industrials by 60.0% in the first quarter. Janus Capital Management LLC now owns 729,515 shares of the basic materials company’s stock valued at $26,773,000 after buying an additional 273,439 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of CSW Industrials by 13.5% in the first quarter. Wells Fargo & Company MN now owns 1,030,445 shares of the basic materials company’s stock valued at $37,818,000 after buying an additional 122,859 shares in the last quarter. American Century Companies Inc. boosted its position in shares of CSW Industrials by 14.3% in the first quarter. American Century Companies Inc. now owns 920,247 shares of the basic materials company’s stock valued at $33,773,000 after buying an additional 114,801 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of CSW Industrials by 51.9% in the first quarter. Dimensional Fund Advisors LP now owns 174,940 shares of the basic materials company’s stock valued at $6,420,000 after buying an additional 59,782 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of CSW Industrials by 7.2% in the first quarter. Vanguard Group Inc. now owns 628,317 shares of the basic materials company’s stock valued at $23,060,000 after buying an additional 42,352 shares in the last quarter. 66.10% of the stock is currently owned by institutional investors.

About CSW Industrials

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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