Latest news with #CSWIndustrials
Associated Press
a day ago
- Business
- Associated Press
CSW Industrials Announces the Commencement of Trading on the New York Stock Exchange and Ticker Symbol Change
Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] DALLAS, June 09, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NYSE: CSW) (the 'Company') today announced the commencement of trading of the Company's common stock on the New York Stock Exchange ('NYSE') under the new ticker symbol, 'CSW'. Trading on the NYSE will begin at market open today, June 9, 2025. CSW's Executive Management Team and Board of Directors will be in New York City this afternoon to ring the closing bell at the NYSE in celebration of joining the world's largest stock exchange. About CSW Industrials CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. The Company provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit . Investor Relations Alexa Huerta Vice President Investor Relations, & Treasurer 214-489-7113 [email protected]
Yahoo
27-05-2025
- Business
- Yahoo
CSW Industrials (CSWI) Moves to Buy: Rationale Behind the Upgrade
CSW Industrials (CSWI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. Therefore, the Zacks rating upgrade for CSW Industrials basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for CSW Industrials imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. This industrial products and coatings maker is expected to earn $9.60 per share for the fiscal year ending March 2026, which represents a year-over-year change of 14.2%. Analysts have been steadily raising their estimates for CSW Industrials. Over the past three months, the Zacks Consensus Estimate for the company has increased 0.7%. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of CSW Industrials to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CSW Industrials, Inc. (CSWI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
25-05-2025
- Business
- Yahoo
CSW Industrials, Inc. (NASDAQ:CSWI) Just Released Its Annual Results And Analysts Are Updating Their Estimates
CSW Industrials, Inc. (NASDAQ:CSWI) shareholders are probably feeling a little disappointed, since its shares fell 9.2% to US$301 in the week after its latest annual results. CSW Industrials reported in line with analyst predictions, delivering revenues of US$878m and statutory earnings per share of US$8.38, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on CSW Industrials after the latest results. We check all companies for important risks. See what we found for CSW Industrials in our free report. Taking into account the latest results, the current consensus from CSW Industrials' six analysts is for revenues of US$1.06b in 2026. This would reflect a major 21% increase on its revenue over the past 12 months. Per-share earnings are expected to climb 15% to US$9.36. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$981.7m and earnings per share (EPS) of US$9.75 in 2026. So it's pretty clear consensus is mixed on CSW Industrials after the latest results; whilethe analysts lifted revenue numbers, they also administered a minor downgrade to per-share earnings expectations. View our latest analysis for CSW Industrials The consensus price target was unchanged at US$347, suggesting the business is performing roughly in line with expectations, despite some adjustments to profit and revenue forecasts. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic CSW Industrials analyst has a price target of US$405 per share, while the most pessimistic values it at US$305. This is a very narrow spread of estimates, implying either that CSW Industrials is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that CSW Industrials' rate of growth is expected to accelerate meaningfully, with the forecast 21% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 17% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.5% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect CSW Industrials to grow faster than the wider industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for CSW Industrials. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple CSW Industrials analysts - going out to 2028, and you can see them free on our platform here. Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
CSW Industrials (CSWI) Beats Q4 Earnings Estimates
CSW Industrials (CSWI) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.45%. A quarter ago, it was expected that this industrial products and coatings maker would post earnings of $1.29 per share when it actually produced earnings of $1.48, delivering a surprise of 14.73%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. CSW Industrials , which belongs to the Zacks Chemical - Specialty industry, posted revenues of $230.55 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.63%. This compares to year-ago revenues of $210.86 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CSW Industrials shares have lost about 10.9% since the beginning of the year versus the S&P 500's decline of -0.6%. While CSW Industrials has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for CSW Industrials: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.83 on $251 million in revenues for the coming quarter and $9.45 on $953 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the bottom 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Basic Materials sector, Commercial Metals (CMC), has yet to report results for the quarter ended May 2025. This manufacturer and recycler of steel and metal products is expected to post quarterly earnings of $0.71 per share in its upcoming report, which represents a year-over-year change of -30.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Commercial Metals' revenues are expected to be $1.98 billion, down 4.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CSW Industrials, Inc. (CSWI) : Free Stock Analysis Report Commercial Metals Company (CMC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
22-05-2025
- Business
- Washington Post
CSW Industrials: Fiscal Q4 Earnings Snapshot
DALLAS — DALLAS — CSW Industrials Inc. (CSWI) on Thursday reported profit of $35.1 million in its fiscal fourth quarter. The Dallas-based company said it had profit of $2.08 per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were $2.24 per share. The industrial products and coatings maker posted revenue of $230.5 million in the period.
