CSW Industrials (NASDAQ:CSWI) is set to issue its quarterly earnings data before the market opens on Monday, August 3rd. Parties that are interested in participating in the company’s conference call can do so using this link.
CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings results on Wednesday, May 20th. The basic materials company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.09. The business had revenue of $98.50 million during the quarter. CSW Industrials had a net margin of 11.89% and a return on equity of 17.19%.
Shares of NASDAQ:CSWI opened at $66.79 on Friday. The company has a market cap of $983.15 million, a price-to-earnings ratio of 22.12 and a beta of 0.82. The company has a 50-day moving average price of $68.97 and a 200-day moving average price of $69.52. The company has a current ratio of 2.54, a quick ratio of 1.63 and a debt-to-equity ratio of 0.04. CSW Industrials has a 12 month low of $50.13 and a 12 month high of $81.06.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, July 30th.
In related news, CEO Joseph B. Armes sold 2,500 shares of the stock in a transaction dated Wednesday, July 15th. The shares were sold at an average price of $71.74, for a total value of $179,350.00. Following the completion of the transaction, the chief executive officer now directly owns 42,375 shares of the company’s stock, valued at $3,039,982.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO James E. Perry purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was bought at an average cost of $69.68 per share, with a total value of $348,400.00. Following the completion of the purchase, the chief financial officer now owns 5,000 shares of the company’s stock, valued at $348,400. The disclosure for this purchase can be found here. 2.80% of the stock is owned by corporate insiders.
Several brokerages have recently commented on CSWI. Sidoti lowered their price objective on shares of CSW Industrials from $72.00 to $67.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. BidaskClub raised shares of CSW Industrials from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th.
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.
Receive News & Ratings for CSW Industrials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSW Industrials and related companies with MarketBeat.com's FREE daily email newsletter.