Date | Price Target | Rating | Analyst |
---|---|---|---|
6/21/2024 | Buy | CL King | |
3/31/2022 | $149.00 | Buy | Sidoti |
CL King analyst Thomas Hayes initiates coverage on CSW Industrials (NASDAQ:CSWI) with a Buy rating.
Stronger-than-expected quarterly results and upbeat revenue guidance from Nvidia Corp. sparked a renewed surge in tech stocks on Thursday, as traders continue to exhibit bullish sentiment toward the rapidly expanding AI industry. The chipmaker giant’s stock soared over 10% to $1,051 per share during midday trading in New York, boosting its market value by an astonishing $277 billion in a single session. The tech-heavy Nasdaq 100 reached 18,907 points in early trading, setting a new all-time high. Similarly, the S&P 500 hit a record high of 5,341 points before paring gains as other sectors lagged behind tech. The semiconductor sector clearly outperformed, with the VanEck Semiconducto
CSW Industrials (NASDAQ:CSWI) reported quarterly earnings of $2.04 per share which beat the analyst consensus estimate of $1.86 by 9.68 percent. This is a 17.24 percent increase over earnings of $1.74 per share from the same period last year. The company reported quarterly sales of $210.859 million which beat the analyst consensus estimate of $203.900 million by 3.41 percent. This is a 7.75 percent increase over sales of $195.686 million the same period last year.
CL King initiated coverage of CSW Industrials with a rating of Buy
Sidoti initiated coverage of CSW Industrials with a rating of Buy and set a new price target of $149.00
Barrington Research resumed coverage of CSW Industrials with a rating of Outperform and set a new price target of $150.00 from $147.00 previously
S-8 - CSW INDUSTRIALS, INC. (0001624794) (Filer)
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8-K - CSW INDUSTRIALS, INC. (0001624794) (Filer)
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SC 13G/A - CSW INDUSTRIALS, INC. (0001624794) (Subject)
SC 13G - CSW INDUSTRIALS, INC. (0001624794) (Subject)
SC 13G/A - CSW INDUSTRIALS, INC. (0001624794) (Subject)
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
DALLAS, Texas, Sept. 05, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI) today announced the upsize and pricing of its previously announced underwritten registered public offering of its common stock. The size of the offering increased from the previously announced 1,000,000 shares to 1,100,000 shares of the company's common stock at a price to the public of $285 per share, for gross proceeds of approximately US$313.5 million, before the underwriting discount and estimated offering expenses. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 165,000 shares of its common stock at the public offering price less the underwriting
DALLAS, Sept. 04, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI), announced that it has commenced an underwritten public offering of 1,000,000 shares of common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to 150,000 additional shares at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds to repay outstanding debt, with the remainder for general corp
Investment Highlights Capital investment of $40 million for acquisition of PSP Products, Inc., which offers a diverse line of surge protection devices and industry leading load management systemsValuation represents approximately 5.0x PSP Products' trailing twelve-months' EBITDAExpected to be accretive to earnings per share in the first full year of ownership$647MM of cumulative acquisition capital investment since going public in October 2015 DALLAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI) today announced the strategic acquisition of PSP Products, Inc. ("PSP"), deploying $40 million. This acquisition further demonstrates the Company's commitment to allocate
DALLAS, July 31, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI, Company", ))) today reported record results for the fiscal 2025 first quarter period ended June 30, 2024. Fiscal 2025 First Quarter Highlights (comparisons to fiscal 2024 first quarter) Total revenue increased 11.2% to $226.2 million, driven by organic growth of 7.7% and inorganic growth of 3.5% from the recent acquisition of Dust FreeNet income attributable to CSWI increased 26.1% to $38.6 million, compared to $30.6 millionEarnings per diluted share (EPS) increased 25.4% to $2.47, compared to $1.97EBITDA grew 19.9% to $65.3 million, including margin expansion of 210 bps to 28.9%Cash flow from operations in
DALLAS, July 22, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI) announced that it will release its earnings results for the fiscal first quarter ended June 30, 2024 on Wednesday, July 31, 2024, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results. Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A live webcast will also be available at https://cswindustrials.gcs-web.com. A telephone replay will be made available shortly following the conclusion of the call and until August 14, 2024. Participants
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
DALLAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI) announced that Jeff Underwood has been appointed Senior Vice President of CSWI and General Manager, Contractor Solutions, reporting to Joseph B. Armes, CSW Industrial's Chairman, Chief Executive Officer, and President, effective April 1, 2024. Mr. Underwood, who joined CSWI in 2018 and currently leads sales and marketing for the Contractor Solutions segment, will succeed Don Sullivan, current Executive Vice President of CSWI and General Manager, Contractor Solutions, as part of the Company's leadership succession strategy. Ensuring an orderly transition of leadership, Mr. Sullivan will remain an Executive Vice
~Highly Esteemed Growth Strategist and Financial Expert with Decades of Business Acumen~ NEW YORK, Oct. 18, 2022 /PRNewswire/ -- The National Kidney Foundation (NKF) is pleased to announce the appointment of Anne Motsenbocker to its national Board of Directors. We're honored & excited Anne has joined the national board to share her extensive business acumen in board governance.Motsenbocker resides in Dallas, Texas and is a former banker and seasoned board member bringing over 35 years of commercial banking and wealth management expertise due to the numerous roles she held at J