CSW Industrials Inc (NASDAQ:CSWI) Chairman Joseph B. Armes sold 4,250 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $45.89, for a total transaction of $195,032.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CSW Industrials Inc (CSWI) opened at $45.35 on Wednesday. The firm has a market cap of $732.99, a P/E ratio of 23.54 and a beta of 1.26. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.99 and a current ratio of 3.03. CSW Industrials Inc has a 12-month low of $34.05 and a 12-month high of $50.00.

CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings results on Thursday, February 8th. The basic materials company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $69.03 million for the quarter, compared to analysts’ expectations of $79.04 million. CSW Industrials had a negative net margin of 4.49% and a positive return on equity of 11.16%. CSW Industrials’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.12 earnings per share. equities research analysts predict that CSW Industrials Inc will post 2.01 EPS for the current year.

CSWI has been the subject of a number of recent analyst reports. B. Riley restated a “buy” rating and issued a $60.00 target price (up from $48.00) on shares of CSW Industrials in a report on Wednesday, November 1st. Sidoti initiated coverage on shares of CSW Industrials in a report on Wednesday, December 20th. They issued a “neutral” rating for the company. BidaskClub downgraded shares of CSW Industrials from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Finally, Zacks Investment Research upgraded shares of CSW Industrials from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $55.50.

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in CSW Industrials during the third quarter valued at approximately $129,000. Westwood Holdings Group Inc. acquired a new position in CSW Industrials during the second quarter valued at approximately $186,000. Teacher Retirement System of Texas acquired a new position in CSW Industrials during the fourth quarter valued at approximately $250,000. Dynamic Technology Lab Private Ltd acquired a new position in CSW Industrials during the third quarter valued at approximately $291,000. Finally, Voya Investment Management LLC lifted its position 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. 67.54% of the stock is currently owned by hedge funds and other institutional investors.

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CSW Industrials Company Profile

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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