Schweitzer-Mauduit International, Inc. (NYSE:SWM) has received an average broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company. Schweitzer-Mauduit International’s rating score has declined by 100% in the last three months as a result of a number of analysts’ ratings changes.
Brokerages have set a 1-year consensus price objective of $45.00 for the company and are anticipating that the company will post $0.66 EPS for the current quarter, according to Zacks. Zacks has also assigned Schweitzer-Mauduit International an industry rank of 185 out of 256 based on the ratings given to its competitors.
Several research firms recently issued reports on SWM. Zacks Investment Research cut Schweitzer-Mauduit International from a “hold” rating to a “sell” rating in a research report on Friday, November 16th. Sidoti set a $56.00 target price on Schweitzer-Mauduit International and gave the stock a “buy” rating in a research report on Friday, September 14th. Finally, TheStreet cut Schweitzer-Mauduit International from a “b” rating to a “c+” rating in a research report on Thursday, October 18th.
Shares of NYSE SWM traded up $0.08 during trading on Friday, hitting $28.90. The company had a trading volume of 336,976 shares, compared to its average volume of 292,025. The company has a quick ratio of 1.99, a current ratio of 3.09 and a debt-to-equity ratio of 1.12. Schweitzer-Mauduit International has a 12 month low of $24.35 and a 12 month high of $48.06. The company has a market capitalization of $860.87 million, a P/E ratio of 9.09, a price-to-earnings-growth ratio of 4.02 and a beta of 1.44.
Schweitzer-Mauduit International (NYSE:SWM) last released its earnings results on Wednesday, November 7th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.05). Schweitzer-Mauduit International had a return on equity of 17.95% and a net margin of 5.83%. The business had revenue of $260.30 million for the quarter, compared to analysts’ expectations of $266.80 million. During the same quarter in the prior year, the business posted $1.00 EPS. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. Research analysts anticipate that Schweitzer-Mauduit International will post 3.25 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 21st. Investors of record on Friday, November 30th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, November 29th. This represents a $1.76 annualized dividend and a dividend yield of 6.09%. This is a boost from Schweitzer-Mauduit International’s previous quarterly dividend of $0.43. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is currently 55.35%.
In other Schweitzer-Mauduit International news, insider Robert J. Cardin sold 3,579 shares of the firm’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $31.11, for a total transaction of $111,342.69. Following the completion of the transaction, the insider now owns 12,561 shares in the company, valued at approximately $390,772.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kimberly E. Ritrievi purchased 2,000 shares of the business’s stock in a transaction on Monday, November 12th. The shares were purchased at an average price of $31.09 per share, with a total value of $62,180.00. Following the acquisition, the director now directly owns 2,000 shares in the company, valued at $62,180. The disclosure for this purchase can be found here. Company insiders own 1.01% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Itau Unibanco Holding S.A. purchased a new position in Schweitzer-Mauduit International during the 2nd quarter valued at approximately $172,000. Tower Research Capital LLC TRC grew its holdings in Schweitzer-Mauduit International by 857.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,013 shares of the company’s stock valued at $230,000 after buying an additional 5,385 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Schweitzer-Mauduit International by 192.4% during the 3rd quarter. Pacer Advisors Inc. now owns 6,105 shares of the company’s stock valued at $234,000 after buying an additional 4,017 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new position in Schweitzer-Mauduit International during the 3rd quarter valued at approximately $241,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Schweitzer-Mauduit International during the 2nd quarter valued at approximately $284,000. Institutional investors and hedge funds own 89.11% 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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