CSW Industrials Inc (NASDAQ:CSWI) Director Robert M. Swartz purchased 1,001 shares of the business’s stock in a transaction dated Thursday, December 6th. The shares were purchased at an average cost of $50.86 per share, with a total value of $50,910.86. Following the completion of the purchase, the director now directly owns 9,038 shares in the company, valued at $459,672.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of CSWI traded up $0.18 during midday trading on Thursday, reaching $50.75. 67,200 shares of the stock were exchanged, compared to its average volume of 49,611. CSW Industrials Inc has a 12-month low of $41.50 and a 12-month high of $57.20. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.18 and a quick ratio of 2.02. The company has a market capitalization of $772.25 million, a PE ratio of 23.71 and a beta of 1.47.
CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings results on Wednesday, November 7th. The basic materials company reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.12. CSW Industrials had a positive return on equity of 14.21% and a negative net margin of 0.26%. The company had revenue of $91.60 million during the quarter, compared to the consensus estimate of $87.39 million. During the same period last year, the business earned $0.56 EPS. The business’s quarterly revenue was up 8.5% on a year-over-year basis.
Separately, BidaskClub raised CSW Industrials from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $61.00.
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About CSW Industrials
CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. The company operates through two segments, Industrial Products and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; fire and smoke protection products; architecturally-specified building products; and storage, filtration, and application equipment for use with specialty chemicals and other products.
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