Shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a 12-month consensus price target of $50.00 for the company and are anticipating that the company will post $0.83 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Schweitzer-Mauduit International an industry rank of 231 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered shares of Schweitzer-Mauduit International from a “hold” rating to a “sell” rating in a research note on Thursday, August 9th.
Shares of NYSE:SWM opened at $40.30 on Friday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 12.67, a P/E/G ratio of 5.79 and a beta of 1.33. Schweitzer-Mauduit International has a 12-month low of $38.00 and a 12-month high of $48.06. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.98 and a quick ratio of 1.86.
Schweitzer-Mauduit International (NYSE:SWM) last issued its earnings results on Wednesday, August 1st. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. The company had revenue of $270.40 million during the quarter, compared to analyst estimates of $265.35 million. Schweitzer-Mauduit International had a net margin of 4.36% and a return on equity of 19.06%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS. equities analysts forecast that Schweitzer-Mauduit International will post 3.38 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 21st. Stockholders of record on Friday, August 24th will be issued a dividend of $0.43 per share. The ex-dividend date is Thursday, August 23rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.27%. Schweitzer-Mauduit International’s dividend payout ratio is currently 54.09%.
Institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Schweitzer-Mauduit International during the 1st quarter valued at $163,000. Itau Unibanco Holding S.A. bought a new position in shares of Schweitzer-Mauduit International during the 2nd quarter valued at $172,000. Amalgamated Bank bought a new position in shares of Schweitzer-Mauduit International during the 2nd quarter valued at $200,000. Financial Gravity Wealth Inc. bought a new position in shares of Schweitzer-Mauduit International during the 1st quarter valued at $205,000. Finally, Wedge Capital Management L L P NC bought a new position in shares of Schweitzer-Mauduit International during the 2nd quarter valued at $209,000. Institutional investors and hedge funds own 89.09% of the company’s stock.
About Schweitzer-Mauduit International
Schweitzer-Mauduit International, Inc, together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Engineered Papers and Advanced Materials & Structures. The Engineered Papers segment produces and sells cigarette papers, reconstituted tobacco leaf, and wrapper and binder products to cigarette and cigar manufacturers; and other non-tobacco paper products.
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