Capital Southwest (NASDAQ:CSWC) PT Lowered to $24.00

Capital Southwest (NASDAQ:CSWC) had its price objective dropped by investment analysts at B. Riley from $25.00 to $24.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the asset manager’s stock. B. Riley’s price objective suggests a potential upside of 0.67% from the stock’s previous close.

Separately, JMP Securities downgraded Capital Southwest from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 15th.

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC traded down $0.53 during trading on Wednesday, hitting $23.84. 316,797 shares of the company traded hands, compared to its average volume of 330,358. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 11.70 and a beta of 1.24. The business’s fifty day moving average is $25.92 and its 200-day moving average is $25.24. Capital Southwest has a one year low of $20.72 and a one year high of $27.23. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.55.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Tuesday, May 14th. The asset manager reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The business had revenue of $46.43 million during the quarter, compared to analyst estimates of $46.01 million. Capital Southwest had a return on equity of 15.88% and a net margin of 46.81%. As a group, equities analysts predict that Capital Southwest will post 2.62 earnings per share for the current fiscal year.

Institutional Trading of Capital Southwest

Large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new stake in Capital Southwest during the 4th quarter valued at $26,000. EntryPoint Capital LLC acquired a new stake in Capital Southwest during the 1st quarter valued at $28,000. Cape Investment Advisory Inc. acquired a new stake in Capital Southwest during the 4th quarter valued at $31,000. Morton Brown Family Wealth LLC acquired a new stake in Capital Southwest during the 4th quarter valued at $34,000. Finally, USA Financial Formulas acquired a new stake in Capital Southwest during the 4th quarter valued at $47,000. 23.42% of the stock is owned by institutional investors and hedge funds.

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.