Somewhat Positive News Coverage Somewhat Unlikely to Affect CSW Industrials (CSWI) Share Price
Headlines about CSW Industrials (NASDAQ:CSWI) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CSW Industrials earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.941750356189 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of CSW Industrials (CSWI) opened at $46.00 on Friday. The stock has a market cap of $734.62, a price-to-earnings ratio of 38.33 and a beta of 1.35. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.06 and a current ratio of 3.12. CSW Industrials has a 12 month low of $34.05 and a 12 month high of $50.00.
CSW Industrials (NASDAQ:CSWI) last released its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.01. The company had revenue of $90.40 million for the quarter, compared to the consensus estimate of $91.52 million. CSW Industrials had a net margin of 5.39% and a return on equity of 10.77%. CSW Industrials’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.48 earnings per share. equities analysts forecast that CSW Industrials will post 1.99 EPS for the current year.
CSWI has been the topic of several research analyst reports. BidaskClub downgraded shares of CSW Industrials from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Sidoti started coverage on shares of CSW Industrials in a research note on Wednesday, December 20th. They set a “neutral” rating on the stock. Zacks Investment Research downgraded shares of CSW Industrials from a “buy” rating to a “hold” rating in a research note on Thursday. FBR & Co reaffirmed a “buy” rating on shares of CSW Industrials in a research note on Friday, September 22nd. Finally, B. Riley upped their price target on shares of CSW Industrials from $48.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. 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. The company currently has a consensus rating of “Hold” and a consensus price target of $55.50.
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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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