Citigroup Has Lowered Expectations for CSW Industrials (NYSE:CSW) Stock Price

CSW Industrials (NYSE:CSW) had its price objective decreased by research analysts at Citigroup from $333.00 to $307.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. Citigroup’s target price indicates a potential upside of 13.78% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of CSW Industrials in a research report on Monday, December 29th. Truist Financial lifted their price objective on CSW Industrials from $273.00 to $276.00 and gave the stock a “hold” rating in a research note on Wednesday, October 8th. CJS Securities raised shares of CSW Industrials to a “strong-buy” rating in a research report on Thursday, December 11th. The Goldman Sachs Group raised their price target on shares of CSW Industrials from $302.00 to $333.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Finally, Zacks Research lowered shares of CSW Industrials from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, CSW Industrials has an average rating of “Hold” and a consensus target price of $319.33.

CSW Industrials Price Performance

Shares of NYSE CSW opened at $269.81 on Friday. The business has a fifty day moving average price of $304.68 and a two-hundred day moving average price of $273.09. The stock has a market capitalization of $4.50 billion, a PE ratio of 35.78 and a beta of 0.82. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.36 and a quick ratio of 1.32. CSW Industrials has a fifty-two week low of $230.45 and a fifty-two week high of $338.90.

CSW Industrials (NYSE:CSW) last released its earnings results on Thursday, January 29th. The basic materials company reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.93 by ($0.51). The business had revenue of $232.99 million for the quarter, compared to the consensus estimate of $249.36 million. CSW Industrials had a return on equity of 14.55% and a net margin of 12.64%. As a group, equities analysts predict that CSW Industrials will post 8.49 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CSW Industrials news, EVP James E. Perry sold 580 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $275.00, for a total transaction of $159,500.00. Following the sale, the executive vice president owned 25,349 shares of the company’s stock, valued at $6,970,975. The trade was a 2.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $328.64, for a total transaction of $328,640.00. Following the transaction, the chief executive officer directly owned 62,526 shares of the company’s stock, valued at approximately $20,548,544.64. This represents a 1.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,366 shares of company stock worth $2,481,813 in the last ninety days. 1.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CSW Industrials

Large investors have recently made changes to their positions in the business. CWM LLC purchased a new position in CSW Industrials during the 4th quarter valued at about $32,000. Salomon & Ludwin LLC bought a new position in shares of CSW Industrials during the fourth quarter valued at approximately $36,000. GAMMA Investing LLC purchased a new position in shares of CSW Industrials during the fourth quarter valued at approximately $50,000. Blue Trust Inc. bought a new stake in shares of CSW Industrials in the 4th quarter worth approximately $57,000. Finally, Whittier Trust Co. purchased a new stake in shares of CSW Industrials in the 4th quarter worth approximately $64,000. 82.79% of the stock is currently owned by institutional investors.

Trending Headlines about CSW Industrials

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

• Positive Sentiment: Record top-line and adjusted EBITDA — Total revenue rose 20.3% to a record $233.0M (acquisition-driven) and adjusted EBITDA set a quarterly record at $44.8M, showing underlying operational scale from recent deals. Read More.
• Positive Sentiment: Strategic acquisitions and shareholder returns — Management closed the $650M MARS Parts deal and has deployed ~ $1B of acquisition capital; the company returned $106.2M YTD via buybacks and dividends, supporting longer-term growth and capital allocation signals. Read More.
• Neutral Sentiment: Investors have access to full commentary — The earnings call transcript and investor presentation are available for details on integration plans and margin timing. Useful if you want management commentary on synergy timing. Read More.
• Negative Sentiment: Large EPS miss and revenue shortfall — GAAP EPS fell to $0.62 (down 61.3% YoY) and adjusted EPS was $1.42; both came in below street expectations (consensus ~ $1.9 for the quarter) while revenue of $233.0M missed estimates near $249M. Higher interest expense from acquisition financing materially weighed on earnings. Read More.
• Negative Sentiment: Analyst action trimmed near-term upside — Citigroup cut its price target from $333 to $307 and set a “neutral” rating, removing some analyst support and likely pressuring sentiment. Read More.

About CSW Industrials

CSW Industrials, Inc is a diversified industrial manufacturer that develops and supplies specialty chemical products, performance materials and precision surface solutions. The company’s offerings span a range of end markets including energy, industrial processing, converting and automotive, where its products serve critical functions in production efficiency, equipment maintenance and process enhancement.

In its chemical business, CSW Industrials produces solvent- and water-based formulations such as surfactants, corrosion inhibitors and custom blends used in oilfield exploration and production, metalworking, water treatment and other industrial applications.