JMP Securities Upgrades Capital Southwest (NASDAQ:CSWC) to Market Outperform

Capital Southwest (NASDAQ:CSWC) was upgraded by analysts at JMP Securities from a “market perform” rating to a “market outperform” rating in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a $25.00 target price on the asset manager’s stock. JMP Securities’ price objective would indicate a potential upside of 17.48% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. UBS Group dropped their price target on shares of Capital Southwest from $23.50 to $20.50 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. Wall Street Zen raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Saturday, April 19th. B. Riley raised shares of Capital Southwest to a “strong-buy” rating in a research note on Monday, June 16th. Citizens Jmp raised shares of Capital Southwest from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a research note on Tuesday. Finally, Raymond James Financial dropped their price target on shares of Capital Southwest from $24.00 to $23.00 and set an “outperform” rating on the stock in a research note on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $23.60.

Capital Southwest Price Performance

Shares of NASDAQ CSWC opened at $21.28 on Tuesday. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 14.38 and a beta of 0.94. Capital Southwest has a 12 month low of $17.46 and a 12 month high of $27.23. The firm’s 50 day simple moving average is $20.67 and its 200-day simple moving average is $21.54. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.18 and a quick ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Wednesday, May 14th. The asset manager reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.08). Capital Southwest had a return on equity of 14.40% and a net margin of 34.51%. The firm had revenue of $52.34 million for the quarter, compared to analyst estimates of $52.83 million. During the same period in the previous year, the business earned $0.68 EPS. Analysts expect that Capital Southwest will post 2.54 EPS for the current year.

Institutional Investors Weigh In On Capital Southwest

Several institutional investors and hedge funds have recently added to or reduced their stakes in CSWC. Promus Capital LLC acquired a new stake in Capital Southwest during the 4th quarter worth $30,000. Ameriflex Group Inc. acquired a new stake in Capital Southwest during the 4th quarter worth $33,000. Quarry LP boosted its stake in Capital Southwest by 52.5% during the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager’s stock worth $46,000 after purchasing an additional 732 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock worth $48,000 after purchasing an additional 1,571 shares during the last quarter. Finally, Garde Capital Inc. acquired a new stake in Capital Southwest during the 1st quarter worth $54,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.