Brokerages expect that Capital Southwest Corporation (NASDAQ:CSWC) will report sales of $8.79 million for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Capital Southwest Corporation’s earnings, with the highest sales estimate coming in at $8.90 million and the lowest estimate coming in at $8.67 million. Capital Southwest Corporation reported sales of $6.87 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 27.9%. The firm is expected to announce its next quarterly earnings report on Monday, February 5th.

On average, analysts expect that Capital Southwest Corporation will report full-year sales of $8.79 million for the current year, with estimates ranging from $34.13 million to $34.62 million. For the next fiscal year, analysts expect that the company will report sales of $43.19 million per share, with estimates ranging from $42.23 million to $44.14 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Capital Southwest Corporation.

CSWC has been the topic of a number of recent analyst reports. National Securities reissued a “buy” rating and issued a $22.00 price objective on shares of Capital Southwest Corporation in a research report on Thursday, November 9th. Zacks Investment Research raised shares of Capital Southwest Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Robert W. Baird initiated coverage on shares of Capital Southwest Corporation in a research report on Wednesday, August 30th. They issued an “outperform” rating and a $19.00 price objective on the stock. Finally, BidaskClub raised shares of Capital Southwest Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Capital Southwest Corporation currently has an average rating of “Buy” and an average price target of $20.25.

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Shares of Capital Southwest Corporation (NASDAQ CSWC) traded up $0.17 during trading hours on Thursday, hitting $16.93. 7,200 shares of the company were exchanged, compared to its average volume of 22,876. The company has a current ratio of 10.41, a quick ratio of 10.42 and a debt-to-equity ratio of 0.19. Capital Southwest Corporation has a 1 year low of $14.26 and a 1 year high of $17.76. The company has a market cap of $268.48, a P/E ratio of 18.62 and a beta of -0.54.

In other Capital Southwest Corporation news, VP Douglas M. Kelley acquired 1,500 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were bought at an average cost of $17.00 per share, with a total value of $25,500.00. Following the completion of the acquisition, the vice president now directly owns 66,135 shares in the company, valued at approximately $1,124,295. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Moab Capital Partners Llc sold 53,270 shares of Capital Southwest Corporation stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $17.30, for a total transaction of $921,571.00. The disclosure for this sale can be found here. Company insiders own 5.90% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. purchased a new position in Capital Southwest Corporation during the second quarter valued at approximately $179,000. JPMorgan Chase & Co. increased its holdings in Capital Southwest Corporation by 8.3% during the second quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock valued at $253,000 after buying an additional 1,207 shares during the period. Steinberg Global Asset Management increased its holdings in Capital Southwest Corporation by 8.1% during the second quarter. Steinberg Global Asset Management now owns 16,020 shares of the asset manager’s stock valued at $258,000 after buying an additional 1,200 shares during the period. Bard Associates Inc. acquired a new stake in Capital Southwest Corporation in the second quarter valued at approximately $263,000. Finally, Wedbush Securities Inc. boosted its stake in Capital Southwest Corporation by 27.5% in the second quarter. Wedbush Securities Inc. now owns 21,804 shares of the asset manager’s stock valued at $351,000 after acquiring an additional 4,700 shares in the last quarter. 63.72% of the stock is currently owned by institutional investors.

Capital Southwest Corporation Company Profile

Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.

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