Capital Southwest Corp (NASDAQ:CSWC) price on Friday, June 13, fall -4.04% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $20.65.
A look at the stock’s price movement, the close in the last trading session was $21.52. The PE ratio in trailing twelve months stood at 14.53. Turning to its 52-week performance, $27.03 and $17.46 were the 52-week high and 52-week low respectively. Overall, CSWC moved -1.38% over the past month.
Capital Southwest Corp’s market cap currently stands at around $1.13 billion, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 2.38, with its dividend yield at 11.50%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 54.36M for the company’s revenue for the quarter, with a low and high estimate of 52.91M and 55.69M respectively. The average forecast suggests up to a 5.85% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 224.79M, representing a 9.95% jump on that reported in the last financial year.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend CSWC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CSWC’s current price about -1.53% and 1.41% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.57, while 7-day volatility ratio is 2.34% and 1.55% in the 30-day chart. Further, Capital Southwest Corp (CSWC) has a beta value of 1.00, and an average true range (ATR) of 0.45. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $25 and high of $26.5. Looking at the price targets, the low is -21.07% off current price level while to achieve the yearly target high, price needs to move -28.33%. Nonetheless, investors will most likely welcome a -21.07% jump to $25 which is the analysts’ median price.
If we refocus on Capital Southwest Corp (NASDAQ:CSWC), historical trading data shows that trading volumes averaged 576.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 52.91 million shares.
The 4.36% of Capital Southwest Corp’s shares are in the hands of company insiders while institutional holders own 31.38% of the company’s shares. Current price change has pushed the stock -5.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CSWC stock continues to rise going into the next quarter.
