Shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus price target of $50.00 for the company and are expecting that the company will post $0.71 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Schweitzer-Mauduit International an industry rank of 183 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research note on Tuesday, April 3rd.
SWM stock traded down $0.30 on Friday, reaching $41.71. The company had a trading volume of 130,014 shares, compared to its average volume of 150,101. Schweitzer-Mauduit International has a 1 year low of $36.26 and a 1 year high of $48.06. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.89 and a current ratio of 2.94. The firm has a market cap of $1,292.70, a P/E ratio of 13.12, a PEG ratio of 2.49 and a beta of 1.31.
Schweitzer-Mauduit International (NYSE:SWM) last posted its earnings results on Wednesday, February 21st. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Schweitzer-Mauduit International had a return on equity of 17.91% and a net margin of 3.50%. The firm had revenue of $235.70 million for the quarter, compared to analyst estimates of $224.80 million. During the same quarter in the prior year, the company earned $0.80 EPS. Schweitzer-Mauduit International’s revenue was up 18.6% on a year-over-year basis. research analysts predict that Schweitzer-Mauduit International will post 3.38 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Friday, March 2nd were paid a $0.43 dividend. The ex-dividend date was Thursday, March 1st. This represents a $1.72 dividend on an annualized basis and a yield of 4.12%. This is a positive change from Schweitzer-Mauduit International’s previous quarterly dividend of $0.38. Schweitzer-Mauduit International’s dividend payout ratio is presently 54.09%.
A number of hedge funds have recently bought and sold shares of the stock. Sterling Capital Management LLC purchased a new stake in Schweitzer-Mauduit International in the 4th quarter valued at approximately $1,062,000. MetLife Investment Advisors LLC acquired a new position in Schweitzer-Mauduit International in the 4th quarter valued at $676,000. Vident Investment Advisory LLC acquired a new position in Schweitzer-Mauduit International in the 4th quarter valued at $225,000. Millennium Management LLC raised its holdings in Schweitzer-Mauduit International by 5.2% in the 4th quarter. Millennium Management LLC now owns 208,792 shares of the company’s stock valued at $9,471,000 after acquiring an additional 10,319 shares during the last quarter. Finally, G&S Capital LLC acquired a new position in Schweitzer-Mauduit International in the 4th quarter valued at $109,000. 86.79% of the stock is currently owned by hedge funds and other institutional investors.
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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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