Capital Southwest Corporation (NASDAQ:CSWC) has coverage initiated with a Outperform rating and $20.00 price target

ME Staff
-
0

Analyst Ratings For Capital Southwest Corporation (NASDAQ:CSWC)

Today, JMP Securities initiated coverage on Capital Southwest Corporation (NASDAQ:CSWC) with a Outperform with a price target of $20.00.

There are 4 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Capital Southwest Corporation (NASDAQ:CSWC) is Buy with a consensus target price of $20.25 per share, a potential 11.88% upside.

Some recent analyst ratings include

  • 7/31/2018-JMP Securities initiated coverage with a Outperform rating.
  • 11/30/2017-LADENBURG THALM/SH SH initiated coverage with a Buy rating.
  • 8/30/2017-Robert W. Baird initiated coverage with a Outperform rating.
  • 6/30/2017-Janney Montgomery Scott initiated coverage with a Neutral rating.
  • 6/28/2017-National Bank Financial Reiterated Rating of Buy.

Recent Insider Trading Activity For Capital Southwest Corporation (NASDAQ:CSWC)
Capital Southwest Corporation (NASDAQ:CSWC) has insider ownership of 6.68% and institutional ownership of 56.38%.

  • On 3/23/2018 John H Wilson, Director, bought 3,000 with an average share price of $17.10 per share and the total transaction amounting to $51,300.00.
  • On 2/9/2018 Michael Scott Sarner, CFO, bought 700 with an average share price of $16.24 per share and the total transaction amounting to $11,368.00.
  • On 2/8/2018 Thomas Duane Morgan, Director, bought 3,050 with an average share price of $16.39 per share and the total transaction amounting to $49,989.50.
  • On 12/28/2017 David R Brooks, Director, bought 2,000 with an average share price of $16.66 per share and the total transaction amounting to $33,320.00.
  • On 12/28/2017 David R Brooks, Director, bought 2,000 with an average share price of $16.66 per share and the total transaction amounting to $33,320.00.
  • On 11/21/2017 Douglas M Kelley, VP, bought 380 with an average share price of $16.87 per share and the total transaction amounting to $6,410.60.
  • On 11/13/2017 Douglas M Kelley, VP, bought 1,500 with an average share price of $17.00 per share and the total transaction amounting to $25,500.00.

About Capital Southwest Corporation (NASDAQ:CSWC)
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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing. In lower middle market, the firm typically invests in growth financing, bolt-on acquisitions, new platform acquisitions, refinancing, dividend recapitalizations, sponsor-led buyouts, and management buyouts situations. The investment structures are Unitranche debt, subordinated debt, senior debt, first and second lien debt, and preferred and common equity. The firm makes equity co-investments alongside debt investments, up to 20% of total check and only makes non-control investments. It prefers to invest in Industrial manufacturing and services, value-added distribution, healthcare products and services, business services, specialty chemicals, food and beverage, tech-enabled services and SaaS models. The firm seeks to invest in energy services and products, industrial technologies, and specialty chemicals and products. Within energy services and products, the firm seeks to invest in each segment of the industry, including upstream, midstream and downstream, excluding exploration and production with a focus on differentiated products and services, equipment and tool rental, consumable products, and drilling and completion chemicals. Within industrial technologies, it seeks to invest in automation and process controls, handling and packaging equipment, industrial filtration and fluid handling, measurement, monitoring and testing, professional tools, and sensors and instrumentation. Within and specialty chemicals and products, the firm seeks to invest in businesses that develop and manufacture highly differentiated chemicals and products including adhesives, coatings and sealants, catalysts and absorbents, cosmeceuticals, fine chemicals, flavors and fragrances, performance lubricants, polymers, plastics and composites, chemical dispensing and filtration equipment, professional and industrial trade consumables and tools, engineered solutions for HVAC, plumbing, and electrical installations, specified high performance materials for fire protection and oilfield applications. It may also invest in exceptional opportunities in building products. The firm seeks to invest in the United States. The firm seeks to make investments ranging from $5 to $25 million in securities. It seeks to make equity investments up to $5 million and debt investments between $5 million and $20 million and co-invest in transaction size upto $40 million. It prefers to invest in companies with revenues approaching above $10 million, profitable operations, historical growth rate of at least 15 percent per year, EBITDA between $3 million and $50 million. In addition to making direct investments, the firm allocates capital to syndicated first and second lien term loans in the upper middle market. Criteria for Upper Middle Market Syndicated 1st Lien is EBITDA Size more than $30 million, Closing Leverage greater than 4 times, investment hold size between $5 million and $7 million, investment yield greater than 6.5%. Criteria for Upper Middle Market Syndicated 2nd Lien is EBITDA Size more than $50 million, Closing Leverage greater than 6 times, investment hold size between $5 million and $7 million, investment yield greater than 9%. It prefers to take a majority and minority stake. The firm has the flexibility to hold investments for very long period in its portfolio companies. It may also invest through warrants. The firm prefers to take Board participation in its portfolio companies. Capital Southwest Corporation was founded on April 19, 1961 and is based in Dallas, Texas.

Recent Trading Activity for Capital Southwest Corporation (NASDAQ:CSWC)
Shares of Capital Southwest Corporation closed the previous trading session at 18,10 −0,23 1,25 % with 7500 shares trading hands.