Here is how CSW Industrials (CSWI) and Fortuna Mining (FSM) have performed compared to their sector so far this year.
Here is how CSW Industrials (CSWI) and Fortuna Mining (FSM) have performed compared to their sector so far this year.
CSW Industrials (CSWI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
CSW Industrials (CSWI) could produce exceptional returns because of its solid growth attributes.
CSW Industrials, Inc. (NASDAQ:CSWI ) Q1 2025 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Alexa Huerta - Vice President, Investor Relations & Treasurer Joseph Armes - Chairman, Chief Executive Officer & President James Perry - Executive Vice President & Chief Financial Officer Conference Call Participants Charlie Strauzer - CJS Securities Julio Romero - Sidoti & Company Jon Tanwanteng - CJS Securities Operator Greetings, and welcome to the CSW Industrials, Inc. Fiscal 2025 First Quarter Earnings Call. At this time, all participants are in a listen-only mode.
CSW Industrials (CSWI) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.97 per share a year ago.
CSW Industrials (CSWI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
CSW Industrials has strong growth potential with higher gross margins and strategic acquisitions. Financial performance shows consistent growth in sales and profits, with a focus on operational improvements. Opportunities for growth include advanced indoor air quality treatments and expanding into new industrial sectors, despite challenges in integration and supply chain management.
CSW Industrials (CSWI) could produce exceptional returns because of its solid growth attributes.
CSW Industrials (CSWI) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.74 per share a year ago.
Amalgamated Bank cut its stake in CSW Industrials, Inc. (NASDAQ:CSWI – Free Report) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,218 shares of the basic materials company’s stock after selling 123 shares during the period. Amalgamated Bank’s holdings in CSW Industrials were worth $460,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of CSW Industrials by 1.9% during the third quarter. Vanguard Group Inc. now owns 854,363 shares of the basic materials company’s stock valued at $149,719,000 after acquiring an additional 15,809 shares in the last quarter. Conestoga Capital Advisors LLC lifted its holdings in shares of CSW Industrials by 81.5% in the 4th quarter. Conestoga Capital Advisors LLC now owns 398,680 shares of the basic materials company’s stock worth $82,690,000 after buying an additional 178,962 shares during the period. Northern Trust Corp grew its position in shares of CSW Industrials by 14.1% during the 3rd quarter. Northern Trust Corp now owns 192,084 shares of the basic materials company’s stock worth $33,661,000 after buying an additional 23,726 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of CSW Industrials by 2.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 142,858 shares of the basic materials company’s stock valued at $25,034,000 after buying an additional 3,182 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of CSW Industrials by 1.0% in the third quarter. Bank of New York Mellon Corp now owns 79,594 shares of the basic materials company’s stock valued at $13,948,000 after acquiring an additional 808 shares in the last quarter. Institutional investors own 82.79% of the company’s stock. CSW Industrials Stock Down 1.0 % Shares of CSW Industrials stock opened at $240.37 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.77 and a quick ratio of 1.40. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 38.58, a PEG ratio of 1.97 and a beta of 0.72. The firm’s 50-day moving average is $237.02 and its two-hundred day moving average is $215.56. CSW Industrials, Inc. has a 1 year low of $132.78 and a 1 year high of $252.14. CSW Industrials Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, May 10th. Shareholders of record on Friday, April 26th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, April 25th. This represents a $0.84 dividend on an annualized basis and a yield of 0.35%. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.19. CSW Industrials’s dividend payout ratio is currently 13.48%. Insider Buying and Selling In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $232.36, for a total value of $232,360.00. Following the completion of the transaction, the chief executive officer now directly owns 50,997 shares in the company, valued at $11,849,662.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $232.36, for a total transaction of $232,360.00. Following the transaction, the chief executive officer now directly owns 50,997 shares of the company’s stock, valued at $11,849,662.92. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Don Sullivan sold 7,826 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $230.90, for a total value of $1,807,023.40. Following the transaction, the executive vice president now directly owns 28,956 shares in the company, valued at $6,685,940.40. The disclosure for this sale can be found here. Insiders sold 10,826 shares of company stock worth $2,502,133 in the last three months. 1.30% of the stock is owned by insiders. CSW Industrials Profile (Free Report) 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.