Schweitzer-Mauduit International, Inc. (SWM) Scheduled to Post Earnings on Tuesday
Schweitzer-Mauduit International (NYSE:SWM) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.08. Schweitzer-Mauduit International had a return on equity of 18.00% and a net margin of 8.00%. The firm had revenue of $255.30 million for the quarter, compared to analyst estimates of $243.50 million. During the same period in the previous year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. On average, analysts expect Schweitzer-Mauduit International to post $3.15 EPS for the current fiscal year and $3.35 EPS for the next fiscal year.
Schweitzer-Mauduit International, Inc. (NYSE SWM) opened at 41.55 on Tuesday. The company’s 50-day moving average price is $40.39 and its 200 day moving average price is $39.24. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 17.83 and a beta of 1.22. Schweitzer-Mauduit International, Inc. has a 52 week low of $35.31 and a 52 week high of $47.01.
Separately, DA Davidson initiated coverage on shares of Schweitzer-Mauduit International in a report on Tuesday, September 26th. They issued a “buy” rating and a $47.00 price target on the stock.
TRADEMARK VIOLATION NOTICE: “Schweitzer-Mauduit International, Inc. (SWM) Scheduled to Post Earnings on Tuesday” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/10/24/schweitzer-mauduit-international-inc-swm-scheduled-to-post-earnings-on-tuesday.html.
In other Schweitzer-Mauduit International news, Director Jeffrey Keenan bought 10,000 shares of the stock in a transaction dated Tuesday, August 8th. The shares were bought at an average cost of $38.64 per share, with a total value of $386,400.00. Following the completion of the acquisition, the director now owns 25,000 shares of the company’s stock, valued at $966,000. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.84% of the stock is currently owned by company insiders.
About Schweitzer-Mauduit International
Schweitzer-Mauduit International, Inc (SWM) is a diversified producer of engineered solutions and materials for a variety of industries. The Company has two operating product line segments: Engineered Papers, and Advanced Materials and Structures. As of December 31, 2016, the Company conducted business in over 90 countries and operate 18 production locations across the world, with facilities in the United States, Canada, the United Kingdom, France, Luxembourg, Russia, Brazil, China and Poland.
Receive News & Ratings for Schweitzer-Mauduit International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schweitzer-Mauduit International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.