Analysts Set $45.00 Price Target for Schweitzer-Mauduit International, Inc. (SWM)

Schweitzer-Mauduit International, Inc. (NYSE:SWM) has received a consensus broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. Schweitzer-Mauduit International’s rating score has declined by 100% in the last three months as a result of various analysts’ upgrades and downgrades.

Brokers have set a 1-year consensus price target of $45.00 for the company and are anticipating that the company will post $0.66 EPS for the current quarter, according to Zacks. Zacks has also given Schweitzer-Mauduit International an industry rank of 197 out of 256 based on the ratings given to its competitors.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of Schweitzer-Mauduit International from a “hold” rating to a “sell” rating in a research note on Friday, November 16th. Sidoti set a $56.00 price objective on shares of Schweitzer-Mauduit International and gave the stock a “buy” rating in a research note on Friday, September 14th. Finally, TheStreet cut shares of Schweitzer-Mauduit International from a “b” rating to a “c+” rating in a research note on Thursday, October 18th.

Shares of NYSE SWM traded up $0.67 during midday trading on Friday, reaching $28.65. 3,312 shares of the stock were exchanged, compared to its average volume of 310,940. The stock has a market capitalization of $821.49 million, a price-to-earnings ratio of 9.03, a PEG ratio of 3.84 and a beta of 1.44. Schweitzer-Mauduit International has a twelve month low of $24.35 and a twelve month high of $48.06. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.09 and a quick ratio of 1.99.

Schweitzer-Mauduit International (NYSE:SWM) last issued its quarterly earnings data on Wednesday, November 7th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.05). The firm had revenue of $260.30 million for the quarter, compared to analyst estimates of $266.80 million. Schweitzer-Mauduit International had a return on equity of 17.95% and a net margin of 5.83%. Schweitzer-Mauduit International’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.00 EPS. Analysts anticipate that Schweitzer-Mauduit International will post 3.25 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 21st. Stockholders of record on Friday, November 30th were given a dividend of $0.44 per share. This is a positive change from Schweitzer-Mauduit International’s previous quarterly dividend of $0.43. The ex-dividend date was Thursday, November 29th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.14%. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is 55.35%.

In other Schweitzer-Mauduit International news, Director Kimberly E. Ritrievi bought 2,000 shares of the firm’s stock in a transaction dated Monday, November 12th. The shares were purchased at an average price of $31.09 per share, for a total transaction of $62,180.00. Following the transaction, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $62,180. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert J. Cardin sold 3,579 shares of the stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $31.11, for a total value of $111,342.69. Following the transaction, the insider now owns 12,561 shares in the company, valued at approximately $390,772.71. The disclosure for this sale can be found here. Company insiders own 1.01% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. Itau Unibanco Holding S.A. purchased a new position in Schweitzer-Mauduit International in the 2nd quarter valued at $172,000. Tower Research Capital LLC TRC lifted its holdings in Schweitzer-Mauduit International by 857.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 6,013 shares of the company’s stock valued at $230,000 after purchasing an additional 5,385 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Schweitzer-Mauduit International by 192.4% in the 3rd quarter. Pacer Advisors Inc. now owns 6,105 shares of the company’s stock valued at $234,000 after purchasing an additional 4,017 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new position in Schweitzer-Mauduit International in the 3rd quarter valued at $241,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Schweitzer-Mauduit International in the 2nd quarter valued at $284,000. Institutional investors own 89.11% 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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