CSW Industrials Inc (CSWI) Given Average Rating of “Buy” by Analysts

CSW Industrials Inc (NASDAQ:CSWI) has received a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. CSW Industrials’ rating score has declined by 100% from three months ago as a result of a number of analysts’ ratings changes.

Brokerages have set a twelve-month consensus price objective of $60.00 for the company and are predicting that the company will post $0.51 EPS for the current quarter, according to Zacks. Zacks has also assigned CSW Industrials an industry rank of 193 out of 265 based on the ratings given to its competitors.

CSWI has been the subject of several recent research reports. B. Riley increased their price objective on CSW Industrials from $48.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Zacks Investment Research upgraded CSW Industrials from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a report on Tuesday, January 2nd. BidaskClub upgraded CSW Industrials from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. Finally, Sidoti initiated coverage on CSW Industrials in a report on Wednesday, December 20th. They set a “neutral” rating on the stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in CSW Industrials during the third quarter valued at about $129,000. Westwood Holdings Group Inc. bought a new position in CSW Industrials during the second quarter valued at about $186,000. Teacher Retirement System of Texas bought a new position in CSW Industrials during the fourth quarter valued at about $250,000. Dynamic Technology Lab Private Ltd bought a new position in CSW Industrials during the third quarter valued at about $291,000. Finally, Voya Investment Management LLC raised its holdings in CSW Industrials by 13.9% during the second quarter. Voya Investment Management LLC now owns 8,436 shares of the basic materials company’s stock valued at $326,000 after buying an additional 1,027 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Shares of CSW Industrials (CSWI) traded up $3.90 during trading hours on Friday, hitting $45.65. The company had a trading volume of 156,690 shares, compared to its average volume of 38,306. The company has a current ratio of 3.12, a quick ratio of 2.06 and a debt-to-equity ratio of 0.18. CSW Industrials has a twelve month low of $34.05 and a twelve month high of $50.00. The stock has a market capitalization of $666.71, a price-to-earnings ratio of -45.65 and a beta of 1.26.

CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings data on Thursday, February 8th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.03. CSW Industrials had a positive return on equity of 10.93% and a negative net margin of 4.49%. The business had revenue of $69.03 million during the quarter, compared to analyst estimates of $79.04 million. During the same period last year, the company earned $0.12 earnings per share. CSW Industrials’s quarterly revenue was up 5.8% compared to the same quarter last year. sell-side analysts anticipate that CSW Industrials will post 1.99 earnings per share for the current fiscal year.

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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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