Schweitzer-Mauduit International, Inc. (SWM) Given $50.00 Average Target Price by Brokerages

Schweitzer-Mauduit International, Inc. (NYSE:SWM) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1-year consensus price objective of $50.00 for the company and are forecasting that the company will post $0.83 earnings per share for the current quarter, according to Zacks. Zacks has also given Schweitzer-Mauduit International an industry rank of 192 out of 255 based on the ratings given to related companies.

A number of brokerages have recently issued reports on SWM. Zacks Investment Research upgraded Schweitzer-Mauduit International from a “sell” rating to a “hold” rating in a research report on Thursday, October 4th. Sidoti set a $54.00 price target on Schweitzer-Mauduit International and gave the company a “buy” rating in a research report on Tuesday, September 25th.

Shares of SWM traded up $0.14 during trading hours on Friday, reaching $34.21. 105,912 shares of the company’s stock traded hands, compared to its average volume of 151,852. The company has a market cap of $1.05 billion, a PE ratio of 10.82, a price-to-earnings-growth ratio of 5.07 and a beta of 1.32. The company has a current ratio of 2.98, a quick ratio of 1.86 and a debt-to-equity ratio of 1.18. Schweitzer-Mauduit International has a 12 month low of $33.09 and a 12 month high of $48.06.

Schweitzer-Mauduit International (NYSE:SWM) last issued its quarterly earnings results on Wednesday, August 1st. The company reported $0.99 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.14. The firm had revenue of $270.40 million during the quarter, compared to the consensus estimate of $265.35 million. Schweitzer-Mauduit International had a return on equity of 19.06% and a net margin of 4.36%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the company posted $0.88 EPS. As a group, analysts predict that Schweitzer-Mauduit International will post 3.38 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 21st. Stockholders of record on Friday, August 24th were given a dividend of $0.43 per share. The ex-dividend date was Thursday, August 23rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 5.03%. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is presently 54.09%.

A number of large investors have recently added to or reduced their stakes in SWM. Northern Trust Corp lifted its position in Schweitzer-Mauduit International by 1.1% in the 1st quarter. Northern Trust Corp now owns 465,164 shares of the company’s stock worth $18,210,000 after buying an additional 5,103 shares during the last quarter. BlackRock Inc. lifted its position in Schweitzer-Mauduit International by 5.6% in the 1st quarter. BlackRock Inc. now owns 4,133,029 shares of the company’s stock worth $161,809,000 after buying an additional 220,380 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in Schweitzer-Mauduit International by 3.3% in the 1st quarter. Great West Life Assurance Co. Can now owns 41,550 shares of the company’s stock worth $1,627,000 after buying an additional 1,335 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Schweitzer-Mauduit International by 8.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,509,145 shares of the company’s stock worth $59,083,000 after buying an additional 123,230 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in Schweitzer-Mauduit International by 72.3% in the 1st quarter. Russell Investments Group Ltd. now owns 163,392 shares of the company’s stock worth $6,398,000 after buying an additional 68,543 shares during the last quarter. Institutional investors own 88.68% 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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