FY2022 Earnings Forecast for Swedish Match AB (publ) (OTCMKTS:SWMAY) Issued By Jefferies Financial Group

Swedish Match AB (publ) (OTCMKTS:SWMAYGet Rating) – Equities researchers at Jefferies Financial Group upped their FY2022 earnings per share estimates for Swedish Match AB (publ) in a note issued to investors on Thursday, May 19th. Jefferies Financial Group analyst O. Bennett now expects that the company will post earnings per share of $0.46 for the year, up from their prior forecast of $0.43. Jefferies Financial Group has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for Swedish Match AB (publ)’s FY2023 earnings at $0.49 EPS, FY2024 earnings at $0.53 EPS and FY2025 earnings at $0.54 EPS.

Several other brokerages have also recently issued reports on SWMAY. JPMorgan Chase & Co. raised shares of Swedish Match AB (publ) from an “underweight” rating to a “neutral” rating in a research note on Tuesday, May 10th. Barclays boosted their price objective on shares of Swedish Match AB (publ) from SEK 88 to SEK 125 and gave the company an “overweight” rating in a research note on Thursday, May 12th. Societe Generale cut shares of Swedish Match AB (publ) from a “buy” rating to a “hold” rating in a research note on Friday, May 13th. Credit Suisse Group upped their price target on shares of Swedish Match AB (publ) from SEK 88 to SEK 106 and gave the stock an “outperform” rating in a research note on Tuesday, May 17th. Finally, DNB Markets cut shares of Swedish Match AB (publ) from a “buy” rating to a “hold” rating in a research note on Thursday, May 12th. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Swedish Match AB (publ) presently has an average rating of “Hold” and an average price target of $83.96.

Shares of SWMAY opened at $10.18 on Monday. The stock has a market capitalization of $15.52 billion, a P/E ratio of 23.14 and a beta of 0.55. The company’s fifty day moving average is $8.22 and its two-hundred day moving average is $7.82. Swedish Match AB has a 1 year low of $6.00 and a 1 year high of $10.35.

The firm also recently disclosed a dividend, which was paid on Thursday, May 19th. Investors of record on Friday, April 29th were given a $0.0663 dividend. The ex-dividend date of this dividend was Thursday, April 28th. This represents a dividend yield of 0.81%. Swedish Match AB (publ)’s dividend payout ratio is presently 13.64%.

Swedish Match AB (publ) Company Profile (Get Rating)

Swedish Match AB (publ) develops, manufactures, markets, and sells snus and moist snuff, lights, and other tobacco products in Scandinavia, the United States, and internationally. The company operates through Smokefree, Cigars, and Lights segments. It provides snus and pouch products, nicotine pouches, nicotine free products, and moist snuff under the General, Göteborgs Rapé, Kaliber, Kronan, Ettan, Grov, Catch, G.3, The Lab, Nick & Johnny, Thunder, VOLT, Swave, ZYN, G.4, Onico, Qvitt, Longhorn, and Timber Wolf brand names.

Further Reading

Earnings History and Estimates for Swedish Match AB (publ) (OTCMKTS:SWMAY)

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