Capital Southwest Corporation (NASDAQ:CSWC) Set to Announce Quarterly Earnings on Monday

Barsaba Taglieri
Agosto 7, 2017

National Bank Financial reiterated a "buy" rating and issued a $22.00 price target on shares of Capital Southwest Corporation in a research note on Wednesday, June 28th. National Securities initiated coverage on Capital Southwest Corporation in a research report on Tuesday, June 27th. Southwest Gas Corporation now has a consensus rating of "Hold" and a consensus price target of $80.50. Janney Montgomery Scott started coverage on Capital Southwest Corporation in a research note on Friday, June 30th. They set a "neutral" rating and a $18.00 target price for the company. The company presently has an average rating of "Buy" and a consensus target price of $20.67. The Company targets senior and subordinated investments in the lower middle market and private loan transactions (club deals), as well as first and second lien syndicated loans in middle market companies.

Capital Southwest Corporation (CSWC), launched on April 19, 1961, is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. Volume was down 57.89% under the stocks average daily volume. The stock has a market cap of $3.82 billion, a PE ratio of 26.33 and a beta of 0.60.

Shares are trading at $16.36 just a bit higher than $16.25, the stock's 50 day moving average and a tad higher than the 200 day moving average of $16.23. The value of the company's investment in Capital Southwest Corporation went from $314,000 to $179,000 a change of 43.0% for the reporting period.

Capital Southwest Corporation (NASDAQ:CSWC) last released its earnings results on Wednesday, May 31st. The firm had revenue of $7.73 million during the quarter. Southwest Gas Corporation had a return on equity of 8.65% and a net margin of 6.12%. On average, analysts expect Capital Southwest Corporation to post $1.11 EPS for the current fiscal year and $1.36 EPS for the next fiscal year. ValuEngine lowered shares of Capital Southwest Corporation from a "buy" rating to a "hold" rating in a research report on Thursday, July 6th. If you are reading this report on another domain, it was illegally copied and republished in violation of United States & worldwide trademark and copyright law.

In other news, Director Thomas Duane Morgan purchased 3,100 shares of the stock in a transaction dated Wednesday, June 7th. The shares were purchased at an average price of $16.27. Following the transaction, the director now directly owns 4,395 shares in the company, valued at $71,462.70. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

In related news, Director John H. Wilson bought 5,000 shares of the business's stock in a transaction dated Wednesday, June 28th. The shares were purchased at an average price of $16.30 per share, with a total value of $81,500.00. Following the transaction, the director now owns 17,000 shares in the company, valued at approximately $277,100. Over the last quarter, insiders have sold 6,500 shares of company stock valued at $104,790. Also, the number of funds holding Capital Southwest Corp in their top 10 stock positions increased from 4 to 5 for an increase of 1. Capital Southwest Corporation earned a media sentiment score of 0.16 on Accern's scale. Accern also gave media stories about the asset manager an impact score of 44.8648748847894 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. Adams Diversified Equity Fund Inc. increased its stake in Southwest Gas Corporation by 2.8% in the first quarter. Wedbush Securities Inc. now owns 21,804 shares of the asset manager's stock valued at $351,000 after buying an additional 4,700 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Southwest Gas Corporation by 1.2% in the first quarter. The Company primarily focuses on companies located in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from its debt investments and capital appreciation from its equity and equity related investments.

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