Schweitzer-Mauduit International (NYSE:SWM) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.88 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.08. Schweitzer-Mauduit International had a return on equity of 18.00% and a net margin of 8.00%. The business had revenue of $255.30 million during the quarter, compared to the consensus estimate of $243.50 million. During the same period in the prior year, the company posted $0.93 EPS. The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. On average, analysts expect Schweitzer-Mauduit International to post $3.15 EPS for the current fiscal year and $3.38 EPS for the next fiscal year.
Schweitzer-Mauduit International, Inc. (NYSE:SWM) opened at 42.31 on Monday. The company has a market capitalization of $1.30 billion, a P/E ratio of 18.16 and a beta of 1.23. The firm 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 1-year low of $35.31 and a 1-year high of $47.01.
In other news, Director Jeffrey Keenan purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was purchased at an average cost 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 document filed with the Securities & Exchange Commission, which is accessible through this link. 1.84% of the stock is currently owned by insiders.
Separately, DA Davidson assumed coverage on Schweitzer-Mauduit International in a research report on Tuesday, September 26th. They set a “buy” rating and a $47.00 price target for the company.
Schweitzer-Mauduit International Company Profile
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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