Minerals Technologies (MTX) Projected to Post Earnings on Thursday

Minerals Technologies (NYSE:MTX - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $1.33 per share and revenue of $502.03 million for the quarter.

Minerals Technologies (NYSE:MTX - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The basic materials company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.11. Minerals Technologies had a net margin of 7.89% and a return on equity of 11.49%. On average, analysts expect Minerals Technologies to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Minerals Technologies Price Performance

Shares of MTX traded up $1.29 during mid-day trading on Tuesday, reaching $57.27. 167,265 shares of the company's stock were exchanged, compared to its average volume of 172,693. Minerals Technologies has a 52-week low of $52.40 and a 52-week high of $90.30. The company has a quick ratio of 1.98, a current ratio of 2.84 and a debt-to-equity ratio of 0.54. The company has a 50-day simple moving average of $64.01 and a two-hundred day simple moving average of $72.92. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 11.06 and a beta of 1.25.

Minerals Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 14th were issued a $0.11 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.77%. Minerals Technologies's dividend payout ratio (DPR) is 8.49%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. StockNews.com cut Minerals Technologies from a "buy" rating to a "hold" rating in a report on Wednesday, April 9th. Truist Financial lowered their target price on Minerals Technologies from $101.00 to $92.00 and set a "buy" rating for the company in a research note on Monday, April 14th.

Minerals Technologies Company Profile

Minerals Technologies Inc develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications.