Schweitzer-Mauduit International, Inc. (NYSE:SWM) will be announcing its earnings results after the market closes on Tuesday, October 31st.
Schweitzer-Mauduit International (NYSE:SWM) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. The business had revenue of $255.30 million for the quarter, compared to analyst estimates of $243.50 million. Schweitzer-Mauduit International had a return on equity of 18.00% and a net margin of 8.00%. The company’s revenue was up 17.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.93 earnings per share. 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. (SWM) opened at 42.31 on Friday. The stock has a 50 day moving average price of $40.81 and a 200-day moving average price of $39.29. Schweitzer-Mauduit International, Inc. has a one year low of $35.31 and a one year high of $47.01. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 18.16 and a beta of 1.23.
In other news, Director Jeffrey Keenan bought 10,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were acquired at an average price of $38.64 per share, for a total transaction of $386,400.00. Following the completion of the transaction, the director now owns 25,000 shares of the company’s stock, valued at $966,000. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.84% of the stock is currently owned by insiders.
Separately, DA Davidson started coverage on Schweitzer-Mauduit International in a research report on Tuesday, September 26th. They set a “buy” rating and a $47.00 target price on the stock.
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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.
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