Capital Southwest Corporation (NASDAQ:CSWC) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Thursday, July 6th.
Other equities research analysts have also recently issued research reports about the stock. National Bank Financial restated a “buy” rating and set a $22.00 target price on shares of Capital Southwest Corporation in a research note on Wednesday, June 28th. Janney Montgomery Scott started coverage on shares of Capital Southwest Corporation in a research note on Friday, June 30th. They set a “neutral” rating and a $18.00 target price on the stock. Finally, National Securities started coverage on shares of Capital Southwest Corporation in a report on Tuesday, June 27th. They issued a “buy” rating and a $22.00 target price for the company. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $20.67.
Shares of Capital Southwest Corporation (NASDAQ:CSWC) traded down 0.50% during midday trading on Thursday, reaching $16.07. 7,945 shares of the company’s stock traded hands. The stock has a market cap of $257.30 million, a P/E ratio of 10.86 and a beta of -0.50. The stock has a 50 day moving average of $16.18 and a 200-day moving average of $16.24. Capital Southwest Corporation has a 12 month low of $13.81 and a 12 month high of $17.34.
Capital Southwest Corporation (NASDAQ:CSWC) last issued its quarterly earnings data on Wednesday, May 31st. The asset manager reported $0.22 earnings per share for the quarter. Capital Southwest Corporation had a net margin of 100.01% and a return on equity of 3.44%. The firm had revenue of $7.73 million for the quarter. On average, equities research analysts forecast that Capital Southwest Corporation will post $1.11 EPS for the current fiscal year.
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In other news, Director John H. Wilson acquired 5,000 shares of Capital Southwest Corporation stock in a transaction that occurred on Wednesday, June 28th. The stock was purchased at an average cost of $16.30 per share, with a total value of $81,500.00. Following the purchase, the director now owns 17,000 shares in the company, valued at $277,100. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas Duane Morgan bought 3,100 shares of the business’s stock in a transaction on Wednesday, June 7th. The stock was bought at an average cost of $16.26 per share, with a total value of $50,406.00. Following the completion of the purchase, the director now directly owns 4,395 shares in the company, valued at $71,462.70. The disclosure for this purchase can be found here. Insiders have sold 6,500 shares of company stock worth $104,580 in the last 90 days. Insiders own 5.90% of the company’s stock.
About Capital Southwest Corporation
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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