Shares of CSW Industrials Inc (NASDAQ:CSWI) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price objective of $48.00 for the company and are predicting that the company will post $0.40 earnings per share for the current quarter, according to Zacks. Zacks has also given CSW Industrials an industry rank of 160 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of CSW Industrials from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Tuesday, January 10th.
A hedge fund recently raised its stake in CSW Industrials stock. Teachers Advisors LLC raised its stake in CSW Industrials Inc (NASDAQ:CSWI) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,649 shares of the basic materials company’s stock after buying an additional 737 shares during the period. Teachers Advisors LLC owned 0.15% of CSW Industrials worth $871,000 at the end of the most recent quarter. Institutional investors and hedge funds own 65.99% of the company’s stock.
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CSW Industrials (NASDAQ:CSWI) traded up 0.14% on Friday, reaching $35.65. 14,985 shares of the company traded hands. The stock’s 50 day moving average price is $35.75 and its 200 day moving average price is $35.25. CSW Industrials has a one year low of $29.25 and a one year high of $41.85. The company has a market capitalization of $564.98 million, a PE ratio of 55.70 and a beta of 1.51.
CSW Industrials (NASDAQ:CSWI) last released its quarterly earnings data on Monday, February 13th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.04. The company had revenue of $75.50 million for the quarter, compared to the consensus estimate of $71.95 million. CSW Industrials had a net margin of 3.23% and a return on equity of 9.64%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.24 EPS. On average, equities research analysts predict that CSW Industrials will post $2.00 EPS for the current fiscal year.
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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