Truist cuts CSW Industrials PT, lowers long-term profit forecasts

CSW Industrials

06/11/2025 15:38

** Truist Securities cuts construction company CSW Industrials' CSW.N PT to $271 from $276, maintains rating at "hold"

** New PT a 12% premium to stock's last close

** The company last week reported second quarter adj. profit above estimates, but saw its organic revenue fall 5.6%, primarily due to broader disruptions in the U.S. residential HVACR market, according to Truist

** Brokerage lowers CSW's long-term earnings outlook, cutting FY26-FY28 adj. EPS and EBITDA estimates

** Truist cuts CSW's FY 2028 adj. EPS to $12.32 from $12.55 and EBITDA to $301 million from $310 million

** One of six brokerages rate the stock "buy" and five "hold"; their median PT is $268, according to data compiled by LSEG

** Including session's moves, shares down 31.3% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))