Zacks: Schweitzer-Mauduit International, Inc. (NYSE:SWM) Receives Average Recommendation of “Strong Buy” from Brokerages

Schweitzer-Mauduit International, Inc. (NYSE:SWM) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation. Schweitzer-Mauduit International’s rating score has improved by 50% from 90 days ago as a result of various analysts’ ratings changes.

Brokers have set a one year consensus price objective of $48.00 for the company and are expecting that the company will post $0.76 EPS for the current quarter, according to Zacks. Zacks has also assigned Schweitzer-Mauduit International an industry rank of 158 out of 255 based on the ratings given to related companies.

A number of research firms have weighed in on SWM. Zacks Investment Research raised shares of Schweitzer-Mauduit International from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research report on Friday, November 8th. Sidoti assumed coverage on Schweitzer-Mauduit International in a research report on Wednesday, October 23rd. They set a “buy” rating on the stock. Finally, ValuEngine cut Schweitzer-Mauduit International from a “hold” rating to a “sell” rating in a research note on Saturday, November 23rd.

Institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC acquired a new stake in shares of Schweitzer-Mauduit International during the second quarter worth approximately $40,000. Point72 Hong Kong Ltd bought a new stake in shares of Schweitzer-Mauduit International in the second quarter worth $67,000. AlphaOne Investment Services LLC increased its stake in shares of Schweitzer-Mauduit International by 27.0% in the second quarter. AlphaOne Investment Services LLC now owns 2,374 shares of the company’s stock worth $79,000 after buying an additional 505 shares during the last quarter. Bank of Montreal Can raised its holdings in Schweitzer-Mauduit International by 237.0% in the second quarter. Bank of Montreal Can now owns 3,461 shares of the company’s stock valued at $115,000 after acquiring an additional 2,434 shares in the last quarter. Finally, Eqis Capital Management Inc. acquired a new stake in Schweitzer-Mauduit International in the second quarter valued at $201,000. Institutional investors own 91.48% of the company’s stock.

Shares of NYSE SWM traded up $0.26 during trading on Tuesday, reaching $44.68. 189,040 shares of the stock were exchanged, compared to its average volume of 230,906. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 12.84 and a beta of 1.61. The business’s 50-day moving average price is $42.26 and its 200 day moving average price is $36.07. The company has a quick ratio of 1.87, a current ratio of 2.90 and a debt-to-equity ratio of 0.97. Schweitzer-Mauduit International has a twelve month low of $24.35 and a twelve month high of $45.85.

Schweitzer-Mauduit International (NYSE:SWM) last released its quarterly earnings results on Monday, November 4th. The company reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.18. Schweitzer-Mauduit International had a net margin of 7.05% and a return on equity of 19.79%. The business had revenue of $256.40 million during the quarter, compared to analyst estimates of $258.40 million. During the same period last year, the business earned $0.77 EPS. The business’s revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts expect that Schweitzer-Mauduit International will post 3.5 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, November 29th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Wednesday, November 27th. Schweitzer-Mauduit International’s payout ratio is 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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