CSW Industrials, Inc. (NYSE:CSW) Given Consensus Rating of “Hold” by Brokerages

Shares of CSW Industrials, Inc. (NYSE:CSW) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $319.3333.

A number of equities analysts recently weighed in on CSW shares. Truist Financial boosted their price target on shares of CSW Industrials from $273.00 to $276.00 and gave the stock a “hold” rating in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upgraded CSW Industrials from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $300.00 to $350.00 in a report on Wednesday, December 3rd. The Goldman Sachs Group upped their price target on CSW Industrials from $302.00 to $333.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Zacks Research cut CSW Industrials from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, CJS Securities raised CSW Industrials to a “strong-buy” rating in a research note on Thursday, December 11th.

Insider Transactions at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $328.64, for a total value of $328,640.00. Following the completion of the sale, the chief executive officer owned 62,526 shares of the company’s stock, valued at $20,548,544.64. This represents a 1.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Don Sullivan sold 4,136 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $301.41, for a total transaction of $1,246,631.76. Following the sale, the executive vice president owned 18,196 shares of the company’s stock, valued at $5,484,456.36. This represents a 18.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,366 shares of company stock valued at $2,481,813 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. CWM LLC acquired a new stake in CSW Industrials during the fourth quarter worth $32,000. Salomon & Ludwin LLC acquired a new position in shares of CSW Industrials in the 4th quarter valued at $36,000. GAMMA Investing LLC purchased a new position in shares of CSW Industrials during the 4th quarter worth $50,000. Blue Trust Inc. purchased a new position in shares of CSW Industrials during the 4th quarter worth $57,000. Finally, Whittier Trust Co. acquired a new stake in shares of CSW Industrials during the 4th quarter worth about $64,000. 82.79% of the stock is currently owned by hedge funds and other institutional investors.

CSW Industrials News Summary

Here are the key news stories impacting CSW Industrials this week:

• Positive Sentiment: Record top-line and adjusted EBITDA — Total revenue rose 20.3% to a record $233.0M (acquisition-driven) and adjusted EBITDA set a quarterly record at $44.8M, showing underlying operational scale from recent deals. Read More.
• Positive Sentiment: Strategic acquisitions and shareholder returns — Management closed the $650M MARS Parts deal and has deployed ~ $1B of acquisition capital; the company returned $106.2M YTD via buybacks and dividends, supporting longer-term growth and capital allocation signals. Read More.
• Neutral Sentiment: Investors have access to full commentary — The earnings call transcript and investor presentation are available for details on integration plans and margin timing. Useful if you want management commentary on synergy timing. Read More.
• Negative Sentiment: Large EPS miss and revenue shortfall — GAAP EPS fell to $0.62 (down 61.3% YoY) and adjusted EPS was $1.42; both came in below street expectations (consensus ~ $1.9 for the quarter) while revenue of $233.0M missed estimates near $249M. Higher interest expense from acquisition financing materially weighed on earnings. Read More.
• Negative Sentiment: Analyst action trimmed near-term upside — Citigroup cut its price target from $333 to $307 and set a “neutral” rating, removing some analyst support and likely pressuring sentiment. Read More.

CSW Industrials Stock Down 1.7%

Shares of CSW opened at $269.81 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.32 and a current ratio of 2.36. CSW Industrials has a one year low of $230.45 and a one year high of $338.90. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 35.78 and a beta of 0.82. The stock has a 50 day moving average price of $304.68 and a 200 day moving average price of $273.09.

CSW Industrials (NYSE:CSW) last posted its quarterly earnings data on Thursday, January 29th. The basic materials company reported $1.42 EPS for the quarter, missing the consensus estimate of $1.93 by ($0.51). CSW Industrials had a net margin of 12.64% and a return on equity of 14.55%. The firm had revenue of $232.99 million during the quarter, compared to analyst estimates of $249.36 million. Equities research analysts forecast that CSW Industrials will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 30th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. CSW Industrials’s payout ratio is presently 12.68%.

About CSW Industrials

CSW Industrials, Inc is a diversified industrial manufacturer that develops and supplies specialty chemical products, performance materials and precision surface solutions. The company’s offerings span a range of end markets including energy, industrial processing, converting and automotive, where its products serve critical functions in production efficiency, equipment maintenance and process enhancement.

In its chemical business, CSW Industrials produces solvent- and water-based formulations such as surfactants, corrosion inhibitors and custom blends used in oilfield exploration and production, metalworking, water treatment and other industrial applications.