Latest news with #FORT
Yahoo
07-05-2025
- Yahoo
DEA's El Paso Division brings first fentanyl murder charge in state
EL PASO, Texas (KTSM) — Texas House Bill 6 recently passed in response to the rising number of fentanyl-related deaths across the state, and the 34th Judicial District Attorney has indicted a man on murder regarding fentanyl distribution resulting death, being the first state case charged through the El Paso division which covers 17 counties in West Texas, according to the Drug Enforcement Administration (DEA). The DEA says Eric Robles was indicted on state charges of murder and manufacture/delivery of a controlled substance on April 3. Eric Robles. Photo: El Paso County Sheriff's Office. On April 23, Robles was transferred from the U.S. Bureau of Prisons to the El Paso County Sheriff's Office, just two weeks before completing his sentence on unrelated federal drug charges, the DEA said. The DEA says this is the first case indicted on state charges through the El Paso Division. However, it has had a total of 10 federally-charged cases, which resulted in the sentencing of 10 people for distribution causing death. The 10 individuals received a combined 152 years in federal prison without parole, the DEA said. 'The ability to bring the state charge of murder gives the DEA another tool in our belt,' said Omar Arellano, Special Agent in Charge of the DEA's El Paso Division. 'Drug dealers even considering setting up shop in Texas need to keep that in mind.' The DEA's El Paso Fentanyl Overdose Response Team (FORT), a West Texas High Intensity Drug Trafficking Area (HIDTA) initiative, investigated the case. FORT is staffed by the DEA, the El Paso County Sheriff's Office, the Federal Bureau of Investigation, the Department of the Army Criminal Investigations Division, the Texas Department of Public Safety, the Texas National Guard, and the El Paso Police Department. 'The indictment handed down in this case marks a historic and necessary step forward in the fight against the fentanyl epidemic that continues to devastate our community and families across Texas. The El Paso County Sheriff's Office is proud to be part of the DEA's Fentanyl Overdose Response Team and to work alongside our local, state, and federal partners to ensure drug traffickers are held fully accountable. We will not tolerate the distribution of fentanyl in our community, and we will continue using every legal tool available to bring justice for victims and their families. Our message is clear: if your actions result in death, you will be charged accordingly,' the El Paso County Sheriff's Office said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to KTSM 9 News.
Yahoo
01-05-2025
- Business
- Yahoo
When Should You Buy Forterra plc (LON:FORT)?
Forterra plc (LON:FORT), is not the largest company out there, but it received a lot of attention from a substantial price increase on the LSE over the last few months. The company is inching closer to its yearly highs following the recent share price climb. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, could the stock still be trading at a relatively cheap price? Let's examine Forterra's valuation and outlook in more detail to determine if there's still a bargain opportunity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 22.43x is currently trading slightly below its industry peers' ratio of 22.67x, which means if you buy Forterra today, you'd be paying a decent price for it. And if you believe Forterra should be trading in this range, then there isn't much room for the share price to grow beyond the levels of other industry peers over the long-term. Furthermore, it seems like Forterra's share price is quite stable, which means there may be less chances to buy low in the future now that it's priced similarly to industry peers. This is because the stock is less volatile than the wider market given its low beta. See our latest analysis for Forterra Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Forterra's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? FORT's optimistic future growth appears to have been factored into the current share price, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at FORT? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on FORT, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the optimistic forecast is encouraging for FORT, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. It can be quite valuable to consider what analysts expect for Forterra from their most recent forecasts. At Simply Wall St, we have the analysts estimates which you can view by clicking here. If you are no longer interested in Forterra, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
