Equities research analysts expect that Capital Southwest Co. (NASDAQ:CSWC) will report sales of $15.61 million for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Capital Southwest’s earnings. The highest sales estimate is $15.91 million and the lowest is $15.09 million. Capital Southwest posted sales of $13.87 million in the same quarter last year, which would indicate a positive year over year growth rate of 12.5%. The firm is expected to announce its next earnings report on Monday, February 3rd.
According to Zacks, analysts expect that Capital Southwest will report full-year sales of $62.63 million for the current year, with estimates ranging from $61.89 million to $63.49 million. For the next fiscal year, analysts expect that the business will report sales of $69.57 million, with estimates ranging from $68.69 million to $70.60 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Capital Southwest.
Capital Southwest (NASDAQ:CSWC) last released its earnings results on Tuesday, November 5th. The asset manager reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.05). Capital Southwest had a net margin of 44.96% and a return on equity of 8.53%. The business had revenue of $15.22 million during the quarter, compared to analyst estimates of $15.28 million.
Capital Southwest stock opened at $22.05 on Tuesday. Capital Southwest has a one year low of $17.22 and a one year high of $24.17. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.29 and a current ratio of 0.29. The business has a fifty day moving average of $21.71 and a two-hundred day moving average of $21.65. The company has a market cap of $396.19 million, a P/E ratio of 15.53 and a beta of 0.18.
Several hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN increased its position in shares of Capital Southwest by 2.5% in the second quarter. Wells Fargo & Company MN now owns 40,737 shares of the asset manager’s stock valued at $854,000 after buying an additional 1,009 shares in the last quarter. Confluence Investment Management LLC increased its stake in Capital Southwest by 1.0% in the 3rd quarter. Confluence Investment Management LLC now owns 116,836 shares of the asset manager’s stock worth $2,547,000 after buying an additional 1,121 shares during the period. Advantage Investment Management LLC purchased a new position in Capital Southwest in the 2nd quarter worth about $25,000. Tower Research Capital LLC TRC increased its stake in Capital Southwest by 521.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,988 shares of the asset manager’s stock worth $43,000 after buying an additional 1,668 shares during the period. Finally, Squarepoint Ops LLC increased its stake in Capital Southwest by 31.8% in the 3rd quarter. Squarepoint Ops LLC now owns 23,588 shares of the asset manager’s stock worth $514,000 after buying an additional 5,687 shares during the period. Institutional investors and hedge funds own 45.16% 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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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