Figma Shares Indicated To Open $105/$110
Minerals Technologies Inc (NYSE:MTX) stock has reached a 52-week low, dipping to $66.31, as investors navigate through a period of market volatility. According to InvestingPro analysis, the stock appears undervalued at current levels, with a P/E ratio of 12.8 and strong financial health score of GOOD. The company, known for its resource-based mineral products, has experienced a notable decline over the past year, with a YTD return of -12.41%. This recent price level reflects investor sentiment and market conditions that have impacted the stock’s performance, marking a significant point of interest for shareholders and potential investors. Notable strengths include a 33-year track record of consistent dividend payments and favorable trading metrics relative to growth potential. InvestingPro subscribers have access to 8 additional key insights and a comprehensive Pro Research Report that could help evaluate MTX’s rebound potential.
In other recent news, MTU Aero Engines (OTC:MTUAY) reported strong financial results for Q4 2024, achieving an 18% increase in total adjusted revenue to €7.5 billion and a 29% rise in adjusted EBIT to €1.05 billion. The company also saw a 29% increase in adjusted net income to €764 million. MTU Aero Engines secured $5.6 billion in commercial MRO contracts, reflecting robust demand. The company is advancing in sustainable flight technologies, with significant progress on the flying fuel cell development. MTU Aero Engines set a revenue guidance range of €8.7-8.9 billion for 2025, anticipating mid-to-high single-digit growth in its military business and mid-teens percentage growth in its commercial new engine business. Additionally, the company expects a mid-teens percentage increase in adjusted EBIT for 2025. Management changes are anticipated in 2025, with Johannes Bussmann set to succeed Lars Wagner as CEO, and Katja Garcia Villa as the new CFO.
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