Schweitzer-Mauduit International, Inc. (NYSE:SWM) Given Average Recommendation of “Buy” by Analysts

Shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) have been assigned an average broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Analysts have set a 1 year consensus price objective of $46.00 for the company and are expecting that the company will post $0.96 earnings per share for the current quarter, according to Zacks. Zacks has also given Schweitzer-Mauduit International an industry rank of 224 out of 256 based on the ratings given to its competitors.

SWM has been the topic of a number of recent analyst reports. TheStreet raised Schweitzer-Mauduit International from a “c” rating to a “b-” rating in a report on Friday, February 22nd. Zacks Investment Research lowered Schweitzer-Mauduit International from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th.

Institutional investors and hedge funds have recently bought and sold shares of the business. Morgan Stanley boosted its position in Schweitzer-Mauduit International by 19.9% during the third quarter. Morgan Stanley now owns 301,872 shares of the company’s stock worth $11,565,000 after purchasing an additional 50,095 shares in the last quarter. Alps Advisors Inc. purchased a new stake in Schweitzer-Mauduit International during the first quarter worth $410,000. ETF Managers Group LLC purchased a new stake in shares of Schweitzer-Mauduit International in the fourth quarter valued at $9,150,000. D. E. Shaw & Co. Inc. lifted its position in shares of Schweitzer-Mauduit International by 232.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 20,933 shares of the company’s stock valued at $524,000 after acquiring an additional 14,637 shares in the last quarter. Finally, Piedmont Investment Advisors Inc. purchased a new stake in shares of Schweitzer-Mauduit International in the first quarter valued at $301,000. Institutional investors own 90.34% of the company’s stock.

Shares of NYSE:SWM traded up $0.02 during trading on Wednesday, reaching $33.35. The company had a trading volume of 77,000 shares, compared to its average volume of 229,273. Schweitzer-Mauduit International has a fifty-two week low of $24.35 and a fifty-two week high of $44.69. The firm has a market cap of $1.03 billion, a P/E ratio of 9.58 and a beta of 1.62. The company has a current ratio of 3.08, a quick ratio of 1.97 and a debt-to-equity ratio of 1.10.

Schweitzer-Mauduit International (NYSE:SWM) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.68 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.10). Schweitzer-Mauduit International had a return on equity of 18.45% and a net margin of 8.81%. The business had revenue of $258.00 million for the quarter, compared to analyst estimates of $274.50 million. During the same period in the prior year, the company earned $0.83 EPS. The company’s revenue was down 1.5% on a year-over-year basis. Research analysts forecast that Schweitzer-Mauduit International will post 3.45 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, May 24th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date is Thursday, May 23rd. Schweitzer-Mauduit International’s dividend payout ratio is presently 50.57%.

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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