Schweitzer-Mauduit International (SWM) Downgraded to “Hold” at Zacks Investment Research

Schweitzer-Mauduit International (NYSE:SWM) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.

According to Zacks, “Schweitzer-Mauduit International, Inc. (SWM) is a leading global provider of engineered solutions & advanced materials. From their origins as paper-making experts during the Renaissance to their cutting-edge technologies that solve today’s modern business challenges, SWM has consistently demonstrated a forward-looking approach to helping their customers succeed. In recent years, as they focused on expanding their reach beyond fiber-based materials, SWM established & grew its Advanced Materials & Structures platform to include expertise and capabilities in resin-based technologies and materials. As part of this effort, SWM acquired and integrated several global leaders specializing in market-leading netting & high-performance TPU films, including Argotec, Conwed Plastics and DelStar Technologies. SWM also acquired its subsidiary Filtrexx International, a global leader in the research & development of sustainable, compost-based solutions for erosion control and storm water management. “

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Shares of Schweitzer-Mauduit International (SWM) opened at $38.29 on Friday. Schweitzer-Mauduit International has a 1 year low of $36.26 and a 1 year high of $48.06. The company has a quick ratio of 1.89, a current ratio of 2.94 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $1,202.23, a price-to-earnings ratio of 34.19, a price-to-earnings-growth ratio of 2.31 and a beta of 1.35.

Schweitzer-Mauduit International (NYSE:SWM) last posted its earnings results on Wednesday, February 21st. The company reported $0.64 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.03. Schweitzer-Mauduit International had a return on equity of 17.91% and a net margin of 3.50%. The company had revenue of $235.70 million for the quarter, compared to the consensus estimate of $224.80 million. During the same quarter in the previous year, the business earned $0.80 earnings per share. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. equities research analysts expect that Schweitzer-Mauduit International will post 3.38 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the business. Ramsey Quantitative Systems purchased a new stake in Schweitzer-Mauduit International in the fourth quarter valued at $105,000. G&S Capital LLC purchased a new stake in shares of Schweitzer-Mauduit International in the 4th quarter valued at $109,000. Zions Bancorporation purchased a new stake in shares of Schweitzer-Mauduit International in the 3rd quarter valued at $116,000. Financial Gravity Companies Inc. purchased a new stake in shares of Schweitzer-Mauduit International in the 4th quarter valued at $192,000. Finally, Stone Ridge Asset Management LLC purchased a new stake in shares of Schweitzer-Mauduit International in the 4th quarter valued at $212,000. Institutional investors own 86.79% of the company’s stock.

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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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