CSW Industrials (NYSE:CSW) Issues Earnings Results, Misses Estimates By $0.03 EPS

CSW Industrials (NYSE:CSW – Get Free Report) released its quarterly earnings data on Thursday. The basic materials company reported $3.66 EPS for the quarter, missing analysts’ consensus estimates of $3.69 by ($0.03), FiscalAI reports. The firm had revenue of $361.44 million during the quarter. CSW Industrials had a return on equity of 17.41% and a net margin of 10.34%. The business’s revenue was up 30.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.96 EPS.

CSW Industrials Stock Down 1.5%

NYSE CSW traded down $4.25 during trading on Friday, hitting $287.18. The stock had a trading volume of 62,409 shares, compared to its average volume of 143,861. The company’s 50-day moving average price is $298.82 and its two-hundred day moving average price is $291.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.36 and a current ratio of 2.70. CSW Industrials has a 12 month low of $236.66 and a 12 month high of $355.48. The company has a market capitalization of $4.68 billion, a PE ratio of 39.40 and a beta of 0.81.

CSW Industrials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, October 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. CSW Industrials’s dividend payout ratio (DPR) is presently 16.46%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of CSW Industrials from $285.00 to $320.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. Citigroup lifted their target price on CSW Industrials from $304.00 to $340.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Wall Street Zen cut CSW Industrials from a “buy” rating to a “hold” rating in a report on Sunday, October 18th. Truist Financial raised their price objective on CSW Industrials from $313.00 to $332.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Finally, Zacks Research lowered CSW Industrials from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $347.57.

Read Our Latest Report on CSW

Trending Headlines about CSW Industrials

Here are the key news stories impacting CSW Industrials this week:

  • Positive Sentiment: Revenue increased 30.5% year over year to $361.4 million, while adjusted net income and sales reportedly surpassed consensus estimates. The Contractor Solutions segment posted 13% organic growth, supporting the company’s growth outlook. CSW Industrials fiscal 2027 second-quarter results
  • Positive Sentiment: Management characterized the quarter as a record period, with broad business momentum and particularly strong organic performance in Contractor Solutions. The favorable revenue trend initially supported gains in the stock. CSW Industrials shares rise after fiscal second-quarter results
  • Neutral Sentiment: CSW reported quarterly EPS of $3.66, up from $2.96 a year earlier, but the result was $0.03 below the $3.69 consensus estimate. The modest miss may be limiting investor enthusiasm despite the substantial revenue growth. CSW Industrials second-quarter earnings analysis
  • Negative Sentiment: Management expects approximately $49 million of fiscal 2027 interest expense while advancing the exit from the Greco business. The anticipated financing burden and execution risks associated with the exit could pressure earnings and cash flow, contributing to the stock’s weakness. CSW outlines fiscal 2027 interest expense and Greco exit

Insider Buying and Selling at CSW Industrials

In related news, CEO Joseph Armes sold 1,500 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $287.04, for a total value of $430,560.00. Following the transaction, the chief executive officer owned 64,083 shares in the company, valued at approximately $18,394,384.32. This trade represents a 2.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jeff Underwood sold 720 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $346.96, for a total value of $249,811.20. Following the sale, the executive vice president owned 6,409 shares of the company’s stock, valued at $2,223,666.64. The trade was a 10.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,720 shares of company stock worth $1,114,741 over the last ninety days. Insiders own 1.20% of the company’s stock.

Institutional Trading of CSW Industrials

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. bought a new position in shares of CSW Industrials during the 1st quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in CSW Industrials during the 2nd quarter valued at about $29,000. Public Employees Retirement System of Ohio purchased a new position in shares of CSW Industrials in the 2nd quarter worth about $29,000. Global Retirement Partners LLC purchased a new stake in shares of CSW Industrials during the second quarter valued at approximately $31,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of CSW Industrials by 628.6% during the first quarter. Sound Income Strategies LLC now owns 153 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 132 shares in the last quarter. Institutional investors and hedge funds own 82.79% of the company’s stock.

CSW Industrials Company Profile

(Get Free Report)

CSW Industrials, Inc (NYSE: CSW) is a diversified industrial company that develops, manufactures and sells products designed for professional trades, commercial and residential construction, and industrial maintenance applications. Its offerings are marketed primarily through established brands and distribution channels serving contractors, building professionals and industrial customers.

The company operates through three principal segments: Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions.

Further Reading

Earnings History for CSW Industrials (NYSE:CSW)

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