Capital Southwest (NASDAQ:CSWC – Get a rating) saw its target price lowered by analysts at Hovde Group to $21.00 in a report on Wednesday, Target Stock Advisor reports. Hovde Group’s price target would indicate a potential upside of 21.95% from the company’s current price.
A number of other equity research analysts have also recently commented on the company. Raymond James lowered his price target on Capital Southwest from $26.00 to $23.00 and set an “outperform” rating on the stock in a Wednesday, Aug. 3 research report. JMP Securities lowered its target price on Capital Southwest from $27.00 to $25.00 and set a “market outperformance” rating on the stock in a Wednesday, Aug. 3 research report. Finally, B. Riley began coverage of Capital Southwest in a research report on Friday, September 16. They set a “neutral” rating and a target price of $18.00 on the stock. Three equity research analysts gave the stock a hold rating and two gave the company a buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.75.
Capital Southwest Stock Performance
CSWC traded at $0.35 in the midday session on Wednesday, hitting $17.22. 145,717 shares of the company were traded, against an average volume of 170,930. The company’s 50-day simple moving average is $19.28 and its 200-day simple moving average is $20.75. The company has a market capitalization of $474.08 million, a price-earnings ratio of 13.45 and a beta of 1.14. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt ratio of 0.65. Capital Southwest has a 1-year low of $16.51 and a 1-year high of $28.41.
Capital Southwest (NASDAQ:CSWC – Get a rating) last announced its quarterly results on Monday, August 1. The asset manager reported earnings per share of $0.49 for the quarter, beating the consensus estimate of $0.48 by $0.01. Capital Southwest had a return on equity of 11.22% and a net margin of 35.02%. The company posted revenue of $22.54 million for the quarter, versus a consensus estimate of $22.36 million. As a group, sell-side analysts expect Capital Southwest to post earnings per share of 2.09 for the current year.
Institutional entries and exits
A number of hedge funds and other institutional investors have recently bought and sold shares of CSWC. Capital Analysts LLC bought a new position in Capital Southwest in Q2 worth approximately $48,000. Washington Trust Advisors Inc. increased its stake in Capital Southwest by 23.9% in the second quarter. Washington Trust Advisors Inc. now owns 4,174 shares of the asset manager worth $77,000 after buying 806 more shares last quarter. Quantbot Technologies LP increased its stake in Capital Southwest by 4,740.0% in the 1st quarter. Quantbot Technologies LP now owns 4,840 shares of the asset manager worth $114,000 after buying an additional 4,740 shares last quarter. Great West Life Assurance Co. Can increased its stake in Capital Southwest by 10.3% in Q1. Great West Life Assurance Co. Can now owns 7,765 shares of the asset manager worth $196,000 after buying an additional 726 shares last quarter. Finally, Guggenheim Capital LLC increased its stake in Capital Southwest by 12.1% in the 1st quarter. Guggenheim Capital LLC now owns 9,338 shares of the asset manager worth $222,000 after buying an additional 1,010 shares last quarter. 27.83% of the shares are held by hedge funds and other institutional investors.
Company profile Capital Sud-Ouest
Capital Southwest Corporation is a business development firm specializing in credit, private equity and venture capital investments in middle market, mezzanine, late stage, mature, late stage, emerging growth, buyouts, recapitalizations and investments in growth capital. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration companies, distressed companies, turnarounds and companies in which senior executives important leave.
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