Schweitzer-Mauduit International, Inc.

Schweitzer-Mauduit International, Inc. (SWM - Snapshot Report) posted impressive third-quarter results in mid November in which the company moved back into profitability from last year. Analysts are bullish on the company, with the next-year estimate pegged at $1.55, a 72% earnings growth projection.

Company Description

Schweitzer-Mauduit International, Inc. manufactures and sells paper and reconstituted tobacco products to the tobacco industry. The company sells its products both domestically and internationally and has a market cap of $294 million.

Third-Quarter Results

Schweitzer's share price has been rallying since the company reported strong third-quarter results on Nov 12. Sales increased 8% from last year to $199.2 million. Income came in at $6.7 million, up from a loss of $4.3 million last year.

When excluding one-time items, earnings totaled 54 cents per share, ahead of analyst estimates by 22 cents. It was the third consecutive quarter that Schweitzer has beat analyst estimates.

Guidance and Estimates

During the quarterly report, Schweitzer noted that it expected to see to a slight lag in its fourth-quarter results due to underlying economic conditions, but then proceeded to also say that it anticipates its full-year results to be in line with previous expectations between 75 and 90 cents per share.

Moving beyond the current-year period, the analyst community is bullish on the company, with the next-year estimate pegged at $1.51 per share, a 72% earnings growth projection.

The Chart

Shares of SWM have been rallying since finding a short-term bottom just above $13 in mid November. Since then, this stock has climbed beyond the $19 mark and set a new 3-month high. Take a look below.