Capital Southwest (NASDAQ:CSWC) Stock Price Expected to Rise, B. Riley Analyst Says

Key Points

• B. Riley has raised the target price for Capital Southwest (CSWC) from $23.50 to $24.00, indicating a potential upside of 5.05% from the company's previous close.
• Despite B. Riley's bullish outlook, other analysts like Raymond James have lowered their target price, suggesting some division in market sentiment regarding CSWC's performance.
• Currently, 23.42% of Capital Southwest's stock is owned by institutional investors and hedge funds, reflecting a significant level of institutional confidence in the company.

Capital Southwest (NASDAQ:CSWC - Get Free Report) had its target price upped by equities researchers at B. Riley from $23.50 to $24.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the asset manager's stock. B. Riley's price objective would suggest a potential upside of 5.05% from the company's previous close.

CSWC has been the topic of several other research reports. Raymond James Financial cut their price target on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. Citigroup upgraded shares of Capital Southwest to an "outperform" rating in a research note on Tuesday, June 24th. UBS Group increased their price target on shares of Capital Southwest from $21.00 to $22.50 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. JMP Securities upgraded Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 target price on the stock in a research report on Tuesday, June 24th. Finally, Citizens Jmp raised shares of Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price target on the stock in a research note on Tuesday, June 24th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $23.90.

Capital Southwest Stock Performance

Shares of CSWC stock opened at $22.85 on Friday. The company has a market cap of $1.23 billion, a P/E ratio of 13.88 and a beta of 0.98. The firm has a fifty day moving average price of $22.13 and a 200 day moving average price of $21.73. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.58. Capital Southwest has a 12 month low of $17.46 and a 12 month high of $25.90.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The asset manager reported $0.59 EPS for the quarter, meeting analysts' consensus estimates of $0.59. The business had revenue of $55.95 million for the quarter, compared to the consensus estimate of $54.36 million. Capital Southwest had a return on equity of 14.51% and a net margin of 39.95%. During the same quarter in the prior year, the business posted $0.69 EPS. Sell-side analysts predict that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Capital Southwest

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fortitude Family Office LLC purchased a new stake in shares of Capital Southwest during the second quarter worth about $31,000. Ameriflex Group Inc. acquired a new position in Capital Southwest in the fourth quarter worth about $33,000. Quarry LP increased its holdings in shares of Capital Southwest by 52.5% in the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock valued at $46,000 after acquiring an additional 732 shares during the last quarter. Garde Capital Inc. acquired a new stake in shares of Capital Southwest during the 1st quarter valued at approximately $54,000. Finally, Signaturefd LLC lifted its position in shares of Capital Southwest by 52.0% in the 2nd quarter. Signaturefd LLC now owns 2,483 shares of the asset manager's stock worth $55,000 after buying an additional 849 shares during the last quarter. 23.42% of the stock is owned by institutional investors and hedge funds.

About Capital Southwest

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.

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