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Here is Why Growth Investors Should Buy CSW Industrials (CSWI) Now
ZACKS· 2024-07-11 17:45
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cuttingedge growth stocks. Here are three of the most important factors that make the stock of this industrial products and coatings maker a great growth pick right now. While the historical EPS growth rate for CSW Industrials is 22.4%, investors should actually focus on the projected growth. The company ...
Looking for a Growth Stock? 3 Reasons Why CSW Industrials (CSWI) is a Solid Choice
ZACKS· 2024-06-25 17:45
While the historical EPS growth rate for CSW Industrials is 22.4%, investors should actually focus on the projected growth. The company's EPS is expected to grow 17.2% this year, crushing the industry average, which calls for EPS growth of 14.9%. While cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses withou ...
CSW Industrials(CSWI) - 2024 Q4 - Earnings Call Transcript
2024-05-23 16:32
Financial Data and Key Metrics Changes - For fiscal year 2024, the company achieved record revenue of $793 million, representing a growth of 4.6% compared to the previous year [9][12] - Adjusted earnings per diluted share increased to $7.01, reflecting a growth of 12.9% [9] - Adjusted EBITDA reached $200 million, indicating a robust growth of 14.9% [9] - The adjusted EBITDA margin expanded by 220 basis points for the full year [9] Business Segment Data and Key Metrics Changes - The Contractor Solutions segment generated $141 million in revenue, accounting for 66% of consolidated revenue, with total growth of 5.4% [13] - Organic revenue growth in the Contractor Solutions segment was $3.8 million, or 2.8%, while the newly acquired Dust Free contributed $3.5 million, or 2.6% [14] - The Specialized Reliability Solutions segment saw an 8% revenue increase, driven by volume growth and pricing initiatives [35] - The Engineered Building Solutions segment revenue increased by 20% to $30.1 million, with a healthy backlog and solid bidding trends [36] Market Data and Key Metrics Changes - The company reported strong cash flow from operations of $164 million for the full fiscal year, a 35% increase from the previous year [16] - The HVAC segment accounted for 54% of total sales, remaining steady compared to the previous year [72] Company Strategy and Development Direction - The company aims to sustain its best-in-class margins while pursuing both organic and inorganic growth opportunities [41][54] - The acquisition of Dust Free enhances the company's offerings in indoor air quality, a growing market segment [38][71] - The company has a robust pipeline for potential acquisitions, with a focus on capital investments that yield attractive returns [75] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving revenue growth for fiscal 2025, with expectations of maintaining strong margins [39][40] - The company noted that while some end markets are experiencing headwinds, it remains committed to outgrowing the market [67] - Management highlighted the importance of maintaining high-quality projects in the backlog, ensuring a solid revenue pipeline [63] Other Important Information - The company has been recognized as a great place to work for the second consecutive year, reflecting its commitment to a positive workplace culture [19][20] - The company has maintained the same number of shares outstanding since going public, contributing to a significant total shareholder return of 720% [18] Q&A Session Summary Question: Did the Q4 performance reflect any one-time events or is it a base for future growth? - Management indicated that the quarter was relatively normal, with some one-time gains from a property sale, but overall performance was consistent with expectations [43][45] Question: What are the components of the top-line growth guidance for fiscal 2025? - Management expects growth from residential HVAC, specialized reliability solutions, and the full-year impact of the Dust Free acquisition [50][51] Question: What are the expectations for margin expansion going forward? - Management aims to sustain current margins, which are considered best-in-class, while continuing to seek opportunities for improvement [52][53] Question: Can you provide insights on the M&A pipeline and market attractiveness? - The company sees a strong pipeline for acquisitions and is encouraged by the current market conditions, despite rising interest rates [75]
CSW Industrials (CSWI) Q4 Earnings and Revenues Top Estimates
zacks.com· 2024-05-23 12:56
CSW Industrials shares have added about 19.3% since the beginning of the year versus the S&P 500's gain of 11.3%. What's Next for CSW Industrials? CSW Industrials (CSWI) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was expected that this industrial product ...
CSW Industrials(CSWI) - 2024 Q4 - Annual Results
2024-05-23 10:48
Joseph B. Armes, CSW Industrials' Chairman, President, and Chief Executive Officer, commented, "I am very pleased with our record financial results in fiscal 2024, driven by organic growth that outpaced our markets and enhanced by strategic acquisitions. Our record revenue combined with our ability to leverage expenses has driven record profitability, resulting in best-in-class margins and record free cash flow. As we enter into fiscal 2025, we expect consolidated revenue growth similar to fiscal year 2024, ...
CSW Industrials Reports Record Fiscal 2024 Fourth Quarter and Full Year Results
globenewswire.com· 2024-05-23 10:45
DALLAS, May 23, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI or the "Company") today reported record results for the fiscal 2024 fourth quarter and full year periods ended March 31, 2024. Fiscal 2024 Fourth Quarter Highlights (comparisons to fiscal 2023 fourth quarter) Fiscal 2024 Full Year Highlights (comparisons to fiscal 2023 full year) Comments from the Chairman, President, and Chief Executive Officer Joseph B. Armes, CSW Industrials' Chairman, President, and Chief Executive Officer, com ...
CSW Industrials(CSWI) - 2024 Q4 - Annual Report
2024-05-23 10:29
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-37454 ITEM 1: Business 1 ITEM 1A: Risk Factors 10 ITEM 1B: Unresolved Staff Comments 22 ITEM 1C: Cybersecurity 22 ITEM 2: Properties 23 ITEM 3: Legal Proceedings 23 ITEM 4: Mine Safety Disclosures 24 PART II PART I ITEM 1: BUSINESS Drawing on our innovative and proven technologies, we seek to deliver solutions primarily to our contractors that place a premium ...
CSW Industrials Announces Date for Fiscal Fourth Quarter and Full Year 2024 Earnings Release Conference Call
Globenewswire· 2024-05-13 12:02
DALLAS, May 13, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI) announced that it will release its earnings results for the fiscal fourth quarter and year ended March 31, 2024 on Thursday, May 23, 2024, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results. Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A live webcast ...
CSW Industrials Announces Date for Fiscal Fourth Quarter and Full Year 2024 Earnings Release Conference Call
Newsfilter· 2024-05-13 12:02
DALLAS, May 13, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:CSWI) announced that it will release its earnings results for the fiscal fourth quarter and year ended March 31, 2024 on Thursday, May 23, 2024, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results. Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A live webcast w ...
5 Stocks in Focus That Just Increased Their Dividends
Zacks Investment Research· 2024-04-16 13:50
U.S. financial markets continue to be volatile, as the annual Consumer Price Index (CPI) for March 2024 increased, following the trend in the past couple of months. Investors are expecting the central bank to be less hawkish this year, but markets are concerned about the Federal Reserve’s reactions to higher-than-expected CPI data and a strong labor market. Though the Fed’s chairman, Jerome Powell, hinted at three rate cuts in 2024 despite sticky inflation, the current situation undermines such a possibilit ...