CSW Industrials (CSWI) to Release Earnings on Wednesday

CSW Industrials (NASDAQ:CSWI) is set to post its quarterly earnings results before the market opens on Wednesday, July 31st. Analysts expect CSW Industrials to post earnings of $2.18 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings results on Thursday, May 23rd. The basic materials company reported $2.04 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.18. The company had revenue of $210.86 million during the quarter, compared to analysts’ expectations of $204.70 million. CSW Industrials had a return on equity of 18.56% and a net margin of 12.82%. On average, analysts expect CSW Industrials to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

CSW Industrials Trading Up 0.3 %

Shares of NASDAQ:CSWI traded up $0.84 during mid-day trading on Tuesday, reaching $300.58. The stock had a trading volume of 6,981 shares, compared to its average volume of 96,788. The firm has a market cap of $4.67 billion, a PE ratio of 45.90, a price-to-earnings-growth ratio of 2.44 and a beta of 0.77. The firm has a 50 day simple moving average of $269.78 and a two-hundred day simple moving average of $244.56. The company has a current ratio of 2.86, a quick ratio of 1.56 and a debt-to-equity ratio of 0.27. CSW Industrials has a twelve month low of $167.21 and a twelve month high of $304.20.

CSW Industrials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 9th. Shareholders of record on Friday, July 26th will be issued a $0.21 dividend. The ex-dividend date is Friday, July 26th. This represents a $0.84 annualized dividend and a yield of 0.28%. CSW Industrials’s dividend payout ratio (DPR) is presently 12.86%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. CL King initiated coverage on shares of CSW Industrials in a research report on Friday, June 21st. They issued a “buy” rating for the company. StockNews.com downgraded CSW Industrials from a “buy” rating to a “hold” rating in a report on Thursday, July 25th.

Insider Transactions at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $285.79, for a total value of $285,790.00. Following the sale, the chief executive officer now directly owns 53,579 shares in the company, valued at $15,312,342.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is owned by insiders.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.