Capital Southwest (NASDAQ:CSWC) Given "Buy (B-)" Rating at Weiss Ratings

Key Points

• Capital Southwest (NASDAQ:CSWC) has received a "Buy (B-)" rating from Weiss Ratings, reaffirming investor confidence in the stock.
• Recent reports from various firms show a trend of upgrades for CSWC, with an average target price of $24.30 and multiple analysts rating it as a "Buy."
• The company's latest earnings report revealed an EPS of $0.59, in line with estimates, and a revenue of $55.95 million, exceeding analyst expectations.

Capital Southwest (NASDAQ:CSWC - Get Free Report)'s stock had its "buy (b-)" rating reaffirmed by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other research firms have also issued reports on CSWC. JMP Securities raised shares of Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 target price for the company in a report on Tuesday, June 24th. B. Riley increased their target price on Capital Southwest from $23.50 to $24.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Raymond James Financial downgraded Capital Southwest from an "outperform" rating to a "market perform" rating in a research report on Tuesday. Citigroup upgraded Capital Southwest to an "outperform" rating in a research report on Tuesday, June 24th. Finally, Citizens Jmp upgraded Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 target price for the company in a research report on Tuesday, June 24th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Capital Southwest currently has an average rating of "Moderate Buy" and an average price target of $24.30.

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC traded down $0.28 during trading on Wednesday, hitting $20.65. The company's stock had a trading volume of 682,124 shares, compared to its average volume of 572,348. The company has a 50-day moving average of $22.53 and a 200-day moving average of $21.67. Capital Southwest has a 12 month low of $17.46 and a 12 month high of $25.90. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.19 and a quick ratio of 0.19. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 12.52 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its earnings results on Wednesday, August 6th. The asset manager reported $0.59 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.59. The company had revenue of $55.95 million during the quarter, compared to analyst estimates of $54.36 million. Capital Southwest had a net margin of 39.95% and a return on equity of 14.17%. During the same period in the prior year, the firm posted $0.69 EPS. On average, sell-side analysts expect that Capital Southwest will post 2.54 earnings per share for the current year.

Institutional Trading of Capital Southwest

A number of large investors have recently made changes to their positions in the stock. Confluence Investment Management LLC boosted its stake in shares of Capital Southwest by 0.6% during the second quarter. Confluence Investment Management LLC now owns 102,107 shares of the asset manager's stock valued at $2,250,000 after purchasing an additional 585 shares during the period. CWM LLC boosted its stake in shares of Capital Southwest by 26.6% during the second quarter. CWM LLC now owns 2,930 shares of the asset manager's stock valued at $65,000 after purchasing an additional 615 shares during the period. Union Bancaire Privee UBP SA boosted its stake in shares of Capital Southwest by 5.1% during the second quarter. Union Bancaire Privee UBP SA now owns 14,349 shares of the asset manager's stock valued at $316,000 after purchasing an additional 694 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in shares of Capital Southwest by 58.5% during the second quarter. Nomura Asset Management Co. Ltd. now owns 2,135 shares of the asset manager's stock valued at $47,000 after purchasing an additional 788 shares during the period. Finally, Apollon Wealth Management LLC boosted its stake in shares of Capital Southwest by 4.0% during the first quarter. Apollon Wealth Management LLC now owns 21,498 shares of the asset manager's stock valued at $480,000 after purchasing an additional 817 shares during the period. 23.42% of the stock is owned by hedge funds and other institutional investors.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.