B. Riley Forecasts Strong Price Appreciation for Capital Southwest (NASDAQ:CSWC) Stock

Capital Southwest (NASDAQ:CSWC) had its target price hoisted by analysts at B. Riley from $24.00 to $24.50 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the asset manager’s stock. B. Riley’s price objective suggests a potential upside of 0.86% from the company’s current price.

Capital Southwest Price Performance

Capital Southwest stock traded down $0.19 during trading hours on Wednesday, hitting $24.29. 113,535 shares of the stock were exchanged, compared to its average volume of 294,817. The business’s 50-day moving average is $25.21 and its two-hundred day moving average is $25.54. Capital Southwest has a 12 month low of $21.15 and a 12 month high of $27.23. The stock has a market capitalization of $1.11 billion, a P/E ratio of 11.85 and a beta of 1.24. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.12 and a current ratio of 0.12.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.01. Capital Southwest had a net margin of 38.92% and a return on equity of 15.70%. The business had revenue of $48.71 million for the quarter, compared to the consensus estimate of $49.79 million. During the same quarter in the prior year, the company earned $0.69 EPS. Equities research analysts expect that Capital Southwest will post 2.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Capital Southwest

A number of institutional investors and hedge funds have recently modified their holdings of CSWC. Creative Planning lifted its stake in Capital Southwest by 4.2% in the 3rd quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock valued at $282,000 after acquiring an additional 452 shares in the last quarter. First Dallas Securities Inc. raised its stake in Capital Southwest by 1.5% in the 2nd quarter. First Dallas Securities Inc. now owns 54,223 shares of the asset manager’s stock worth $1,415,000 after purchasing an additional 775 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Capital Southwest by 1.7% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 55,254 shares of the asset manager’s stock worth $1,265,000 after acquiring an additional 923 shares during the period. Larson Financial Group LLC boosted its stake in shares of Capital Southwest by 101.7% in the 1st quarter. Larson Financial Group LLC now owns 2,017 shares of the asset manager’s stock valued at $50,000 after purchasing an additional 1,017 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new stake in shares of Capital Southwest during the first quarter worth about $28,000. 23.42% of the stock is owned by 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.