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Schweitzer-Mauduit International (NYSE:SWM) Upgraded at TheStreet

Last updated on Thursday, July 2, 2020 | 2020 MarketBeat

Schweitzer-Mauduit International (NYSE:SWM) was upgraded by research analysts at TheStreet from a "c+" rating to a "b-" rating in a research report issued to clients and investors on Tuesday, TheStreetRatingsTable reports.

Several other research firms also recently weighed in on SWM. Zacks Investment Research raised Schweitzer-Mauduit International from a "sell" rating to a "hold" rating in a research note on Tuesday. Sidoti lowered their target price on Schweitzer-Mauduit International from $52.00 to $42.00 and set a "buy" rating on the stock in a report on Friday, March 27th. Finally, ValuEngine cut Schweitzer-Mauduit International from a "sell" rating to a "strong sell" rating in a report on Wednesday, May 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of "Hold" and a consensus price target of $38.00.

NYSE:SWM opened at $32.35 on Tuesday. Schweitzer-Mauduit International has a 52 week low of $20.00 and a 52 week high of $46.65. The company has a quick ratio of 2.21, a current ratio of 3.33 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $1.04 billion, a P/E ratio of 11.08 and a beta of 1.33. The stock's fifty day moving average is $30.77 and its two-hundred day moving average is $33.04.

Schweitzer-Mauduit International (NYSE:SWM) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.69 by $0.16. The firm had revenue of $261.50 million for the quarter. Schweitzer-Mauduit International had a return on equity of 19.82% and a net margin of 8.86%. During the same quarter in the prior year, the firm posted $0.68 EPS. Sell-side analysts anticipate that Schweitzer-Mauduit International will post 3.52 earnings per share for the current fiscal year.

In other news, Director Kimberly E. Ritrievi acquired 1,000 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average cost of $30.00 per share, with a total value of $30,000.00. Following the completion of the acquisition, the director now directly owns 3,000 shares in the company, valued at $90,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.41% of the stock is currently owned by insiders.

A number of hedge funds have recently modified their holdings of the business. Truvestments Capital LLC acquired a new position in shares of Schweitzer-Mauduit International during the first quarter worth approximately $34,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Schweitzer-Mauduit International by 1,062.1% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,348 shares of the company's stock worth $57,000 after buying an additional 1,232 shares during the period. Point72 Hong Kong Ltd acquired a new position in shares of Schweitzer-Mauduit International during the fourth quarter worth approximately $69,000. PNC Financial Services Group Inc. boosted its position in shares of Schweitzer-Mauduit International by 46.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,883 shares of the company's stock worth $80,000 after buying an additional 593 shares during the period. Finally, Total Clarity Wealth Management Inc. acquired a new position in shares of Schweitzer-Mauduit International during the fourth quarter worth approximately $80,000. Institutional investors own 95.46% of the company's stock.

Schweitzer-Mauduit International Company Profile

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.

Further Reading: What is cost of equity?

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