Latest news with #MineralsTechnologies
Wall Street Journal
30-04-2025
- Business
- Wall Street Journal
Barretts Minerals Beats Challenge to Talc Bankruptcy Case
A Texas judge declined to toss a defunct talc supplier out of bankruptcy despite arguments from personal-injury claimants that it was improperly using chapter 11 to protect its solvent parent company, Pfizer spinoff Minerals Technologies, from talc-related lawsuits. Judge Marvin Isgur of the U.S. Bankruptcy Court in Houston on Tuesday rejected injury claimants' request to dismiss the chapter 11 case of defunct Barretts Minerals without explaining his rationale. He said from the bench that he would issue his explanation within 21 days.
Yahoo
18-04-2025
- Business
- Yahoo
Minerals Technologies provided update on BMI OldCo's Chapter 11 Case
MTI recorded a provision to establish a reserve of $215M for estimated costs to fund a trust to resolve all current and future talc-related claims as well as fund BMI OldCo's Chapter 11 case and related litigation costs. The parties have not yet reached a final resolution of all matters in the Chapter 11 case. The provision includes $30M of additional debtor-in-possession financing by Minerals Technologies (MTX) Investments to the Debtors, which was approved by the United States Bankruptcy Court for the Southern District of Texas on April 14. MTI continues to support BMI OldCo's efforts to fully and finally resolve all current and future talc-related claims through court approval of a plan of reorganization in the Chapter 11 case, which would establish a trust to which all talc-related claims would be channeled for resolution. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on MTX: Disclaimer & DisclosureReport an Issue Minerals Technologies price target lowered to $92 from $101 at Truist Minerals Technologies price target lowered to $92 from $97 at Seaport Research
Yahoo
27-01-2025
- Business
- Yahoo
Minerals Technologies (NYSE:MTX) shareholders have earned a 6.9% CAGR over the last five years
The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Minerals Technologies Inc. (NYSE:MTX) share price is up 37% in the last five years, that's less than the market return. Over the last twelve months the stock price has risen a very respectable 14%. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Check out our latest analysis for Minerals Technologies While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Over half a decade, Minerals Technologies managed to grow its earnings per share at 2.8% a year. This EPS growth is slower than the share price growth of 7% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that Minerals Technologies has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Minerals Technologies, it has a TSR of 40% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! Minerals Technologies shareholders gained a total return of 15% during the year. Unfortunately this falls short of the market return. The silver lining is that the gain was actually better than the average annual return of 7% per year over five year. This could indicate that the company is winning over new investors, as it pursues its strategy. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. But note: Minerals Technologies may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. 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
