What's Happening?
Truist Financial analyst Pete Osterland has reiterated a Buy rating on Minerals Technologies Inc., setting a price target of $84. This follows the company's fiscal Q3 2025 results, which reported net sales
of $532 million, a 1% increase both sequentially and year-over-year. Operating income was $71 million, or $78 million excluding special items, with an operating margin of 14.7%. The company also reported $71 million in cash flow from operations and a free cash flow of $44 million. EPS for the quarter was $1.37, or $1.55 excluding special items.
Why It's Important?
The Buy rating from Truist Financial underscores the perceived value and growth potential of Minerals Technologies, particularly in the context of its recent financial performance. The company's ability to maintain steady sales growth and strong cash flow positions it well in the market. This positive outlook could attract investors looking for stable returns in the resource and technology sectors. The rating also reflects confidence in the company's strategic direction and its ability to navigate market challenges.
