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In a challenging market environment, Schweitzer-Mauduit International (NYSE:MATV) stock has reached a 52-week low, dipping to $4.96. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 2.4 and offers a substantial 7.59% dividend yield, which it has maintained for 30 consecutive years. The company, known for its advanced materials and engineered solutions, has faced significant headwinds over the past year, reflected in a stark 1-year change with a decline of -74.53%. Investors have shown concern as the stock plummeted to this new low, marking a troubling period for the company amidst broader economic pressures. The steep drop in stock value over the year highlights the volatility and the tough conditions faced by the industry, prompting close scrutiny from market analysts and investors alike. Trading at just 0.31 times book value and showing oversold conditions, InvestingPro analysis suggests the stock may be undervalued, with 12 additional ProTips and a comprehensive Pro Research Report available for deeper insight.
In other recent news, Mativ Holdings Inc. reported its fourth-quarter 2024 earnings, revealing a notable earnings per share (EPS) beat, with actual EPS at $0.05 compared to the forecast of $0.02. However, the company fell short on revenue expectations, reporting $458.6 million against a forecast of $470.55 million. Mativ’s performance included a 4.3% organic sales growth, but a 10% decline in adjusted EBITDA year-over-year highlighted operational challenges. The company has been focusing on reducing overhead costs and aims to significantly cut debt by the end of 2026.
In a strategic move, Mativ Holdings appointed Shruti Singhal as the new President and CEO, succeeding Julie Schertell. Singhal brings extensive experience in leading business transformations, which aligns with Mativ’s goals of enhancing profitability and growth. The company has also implemented measures to reduce its non-operating costs by over $20 million in 2024 and is reviewing its cost structure for further profitability enhancements.
Additionally, Stifel analysts upgraded Mativ’s stock rating from Hold to Buy, despite reducing the price target to $10.00 from the previous $15.50. They believe the market’s response to Mativ’s financial challenges has been excessive, with expectations for earnings improvement by the third quarter of 2025. These developments mark a pivotal moment for Mativ as it seeks to navigate the current operating environment and achieve its strategic objectives.
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