CSW Industrials (CSWI) Set to Announce Earnings on Thursday

CSW Industrials (NASDAQ:CSWIGet Free Report) will be announcing its earnings results before the market opens on Thursday, February 1st. Analysts expect the company to announce earnings of $1.17 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

CSW Industrials (NASDAQ:CSWIGet Free Report) last announced its quarterly earnings results on Thursday, November 2nd. The basic materials company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.06. CSW Industrials had a net margin of 13.35% and a return on equity of 19.03%. The company had revenue of $203.65 million for the quarter, compared to analysts’ expectations of $202.10 million. On average, analysts expect CSW Industrials to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

CSW Industrials Trading Up 3.6 %

Shares of CSWI opened at $217.79 on Wednesday. The company’s fifty day moving average is $199.62 and its 200 day moving average is $185.40. CSW Industrials has a fifty-two week low of $129.70 and a fifty-two week high of $219.85. The stock has a market capitalization of $3.39 billion, a PE ratio of 32.75, a P/E/G ratio of 1.80 and a beta of 0.73. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 2.83.

CSW Industrials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 9th. Investors of record on Friday, January 26th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.35%. The ex-dividend date is Thursday, January 25th. CSW Industrials’s dividend payout ratio is presently 11.43%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of CSW Industrials in a research report on Thursday, October 5th. They issued a “buy” rating on the stock.

Get Our Latest Report on CSW Industrials

Insiders Place Their Bets

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction on Friday, December 15th. The shares were sold at an average price of $202.79, for a total transaction of $202,790.00. Following the completion of the transaction, the chief executive officer now directly owns 51,997 shares of the company’s stock, valued at $10,544,471.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Point72 Hong Kong Ltd purchased a new stake in shares of CSW Industrials during the second quarter valued at $34,000. State of Wyoming boosted its stake in shares of CSW Industrials by 50.0% during the second quarter. State of Wyoming now owns 324 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 108 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of CSW Industrials by 23.8% during the third quarter. Tower Research Capital LLC TRC now owns 323 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 62 shares during the period. Ensign Peak Advisors Inc purchased a new stake in shares of CSW Industrials during the third quarter valued at $89,000. Finally, Royal Bank of Canada boosted its stake in shares of CSW Industrials by 11.0% during the third quarter. Royal Bank of Canada now owns 927 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 92 shares during the period. 80.54% of the stock is owned by hedge funds and other institutional investors.

About CSW Industrials

(Get Free Report)

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.

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Earnings History for CSW Industrials (NASDAQ:CSWI)

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