NYSE:MTX

Minerals Technologies (MTX) Stock Price, News & Analysis

$72.20
+0.86 (+1.21%)
(As of 04/23/2024 ET)
Today's Range
$71.24
$72.39
50-Day Range
$70.76
$76.70
52-Week Range
$48.61
$76.80
Volume
112,790 shs
Average Volume
151,701 shs
Market Capitalization
$2.33 billion
P/E Ratio
27.88
Dividend Yield
0.55%
Price Target
$68.50

Minerals Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.1% Downside
$68.50 Price Target
Short Interest
Healthy
0.82% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Minerals Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.01 M Sold Last Quarter
Proj. Earnings Growth
14.58%
From $5.90 to $6.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.95 out of 5 stars

Basic Materials Sector

91st out of 173 stocks

Industrial Inorganic Chemicals Industry

5th out of 9 stocks

MTX stock logo

About Minerals Technologies Stock (NYSE:MTX)

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. This segment produces limestone and dolomitic limestone used in construction, automotive, and consumer markets for packaging applications. The Engineered Solutions segment provides high-temperature technology products consisting of custom-blended mineral and non-mineral products for casting auto parts, farm and construction equipment, oil and gas production equipment, power generation turbine castings, and rail car components; and environmental and infrastructure products comprising geosynthetic clay lining systems, vapor intrusion mitigation products, sub surface waterproofing systems, green roofs, wastewater remediation, drinking water purification technologies, and drilling products. In addition, this segment provides chromite products; gunnable monolithic refractory products and application systems; monolithic refractory materials and pre-cast refractory shapes; refractory shapes and linings; carbon composite and pyrolitic graphite; and filtration and well testing services. It markets its products primarily through its direct sales force, as well as regional distributors. The company serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.

MTX Stock Price History

MTX Stock News Headlines

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Minerals Technologies Inc. (MTX)
Kristina Johnson joins Minerals Technologies board
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Top 5 Mineral Importing Countries in the World
MTX Feb 2024 65.000 call
Q4 2023 Minerals Technologies Inc Earnings Call
Minerals Technologies Declares Quarterly Dividend
H. B. Fuller (FUL) Tops Q4 Earnings Estimates
See More Headlines
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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 3/7 Dividend
2/14/2024
Dividend Payable
3/07/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Specialty Chemicals
CUSIP
60315810
Employees
4,027
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$68.50
High Stock Price Target
$72.00
Low Stock Price Target
$65.00
Potential Upside/Downside
-4.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$84.10 million
Pretax Margin
4.96%

Debt

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$8.13 per share
Book Value
$51.83 per share

Miscellaneous

Free Float
31,170,000
Market Cap
$2.31 billion
Optionable
Optionable
Beta
1.33
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Key Executives

  • Mr. Douglas T. Dietrich (Age 55)
    Chairman & CEO
    Comp: $3.88M
  • Mr. Erik C. Aldag (Age 39)
    Senior VP of Finance & Treasury and CFO
    Comp: $3.63M
  • Mr. D. J. Monagle IIIMr. D. J. Monagle III (Age 61)
    Group President of Consumer & Specialties
    Comp: $1.56M
  • Mr. Jonathan J. Hastings (Age 61)
    Senior Vice President of Strategy and M&A
    Comp: $1.41M
  • Mr. Michael A. Cipolla (Age 66)
    VP, Corporate Controller & Chief Accounting Officer
  • Mr. Timothy J. Jordan (Age 49)
    VP, General Counsel, Secretary & Chief Compliance Officer
  • Ms. Erin N. Cutler (Age 36)
    Vice President of Human Resources
  • Mr. Brett Argirakis (Age 59)
    Group President of Engineered Solutions

MTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Minerals Technologies stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTX shares.
View MTX analyst ratings
or view top-rated stocks.

What is Minerals Technologies' stock price target for 2024?

3 brokers have issued twelve-month price targets for Minerals Technologies' stock. Their MTX share price targets range from $65.00 to $72.00. On average, they expect the company's share price to reach $68.50 in the next year. This suggests that the stock has a possible downside of 5.1%.
View analysts price targets for MTX
or view top-rated stocks among Wall Street analysts.

How have MTX shares performed in 2024?

Minerals Technologies' stock was trading at $71.31 at the start of the year. Since then, MTX shares have increased by 1.3% and is now trading at $72.2050.
View the best growth stocks for 2024 here
.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 259,600 shares, a decline of 28.0% from the March 15th total of 360,700 shares. Based on an average daily trading volume, of 153,300 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.8% of the company's shares are short sold.
View Minerals Technologies' Short Interest
.

When is Minerals Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our MTX earnings forecast
.

How can I listen to Minerals Technologies' earnings call?

Minerals Technologies will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) released its earnings results on Friday, February, 2nd. The basic materials company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.03. The basic materials company had revenue of $524.50 million for the quarter, compared to analysts' expectations of $506.67 million. Minerals Technologies had a net margin of 3.88% and a trailing twelve-month return on equity of 10.26%. The business's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 EPS.

How often does Minerals Technologies pay dividends? What is the dividend yield for Minerals Technologies?

Minerals Technologies declared a quarterly dividend on Wednesday, January 24th. Investors of record on Thursday, February 15th will be given a dividend of $0.10 per share on Thursday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for MTX
.

Is Minerals Technologies a good dividend stock?

Minerals Technologies (NYSE:MTX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.56%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 5.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTX.

What is ​Douglas T. Dietrich's approval rating as Minerals Technologies' CEO?

4 employees have rated Minerals Technologies Chief Executive Officer ​Douglas T. Dietrich on Glassdoor.com. ​Douglas T. Dietrich has an approval rating of 29% among the company's employees. This puts ​Douglas T. Dietrich in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Minerals Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Minerals Technologies investors own include AT&T (T), AbbVie (ABBV), Carnival Co. & (CCL), Cisco Systems (CSCO), CVS Health (CVS), Gilead Sciences (GILD), Altria Group (MO), Omega Healthcare Investors (OHI), Pfizer (PFE) and Skyworks Solutions (SWKS).

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.59%), State of Alaska Department of Revenue (0.14%), Louisiana State Employees Retirement System (0.05%), Diversified Trust Co (0.03%) and New Mexico Educational Retirement Board (0.02%). Insiders that own company stock include Brett Argirakis, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Michael Cipolla, Rocky Motwani and Thomas J Meek.
View institutional ownership trends
.

How do I buy shares of Minerals Technologies?

Shares of MTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MTX) was last updated on 4/23/2024 by MarketBeat.com Staff

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