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NYSE:MTX

Minerals Technologies (MTX) Stock Price, News & Analysis

$80.46
-7.79 (-8.83%)
(As of 07/26/2024 ET)
Today's Range
$80.39
$87.92
50-Day Range
$80.47
$88.86
52-Week Range
$48.61
$90.29
Volume
319,854 shs
Average Volume
163,495 shs
Market Capitalization
$2.59 billion
P/E Ratio
27.84
Dividend Yield
0.50%
Price Target
$68.50

Minerals Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.9% Downside
$68.50 Price Target
Short Interest
Healthy
1.27% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of Minerals Technologies in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$4.84 M Sold Last Quarter
Proj. Earnings Growth
11.29%
From $6.29 to $7.00 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.

2.86 out of 5 stars

Basic Materials Sector

105th out of 175 stocks

Industrial Inorganic Chemicals Industry

6th out of 10 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

New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Minerals Technologies Declares Quarterly Dividend
New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Minerals Technologies Declares Quarterly Dividend
MTX Minerals Technologies Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 6/13 Dividend
5/31/2024
Dividend Payable
6/13/2024
Last Earnings
7/25/2024
Today
7/26/2024
Ex-Dividend for 9/6 Dividend
8/16/2024
Dividend Payable
9/06/2024
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
-22.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$84.10 million
Pretax Margin
5.56%

Debt

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$8.20 per share
Book Value
$51.83 per share

Miscellaneous

Free Float
31,119,000
Market Cap
$2.85 billion
Optionable
Optionable
Beta
1.32
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Key Executives

  • Mr. Douglas T. Dietrich (Age 55)
    Chairman & CEO
    Comp: $4.3M
  • Mr. Erik C. Aldag (Age 39)
    Senior VP of Finance & Treasury and CFO
    Comp: $922.25k
  • Mr. D. J. Monagle IIIMr. D. J. Monagle III (Age 61)
    Group President of Consumer & Specialties
    Comp: $1.77M
  • Mr. Jonathan J. Hastings (Age 61)
    Senior Vice President of Strategy and M&A
    Comp: $1.69M
  • Mr. Brett Argirakis (Age 59)
    Group President of Engineered Solutions
    Comp: $1.49M
  • 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

MTX Stock Analysis - Frequently Asked Questions

How have MTX shares performed this year?

Minerals Technologies' stock was trading at $71.31 at the beginning of 2024. Since then, MTX shares have increased by 12.8% and is now trading at $80.46.
View the best growth stocks for 2024 here
.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) announced its earnings results on Thursday, July, 25th. The basic materials company reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.04. The company's revenue was down 1.9% on a year-over-year basis.

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.

Who are Minerals Technologies' major shareholders?

Minerals Technologies' top institutional shareholders include Boston Trust Walden Corp (1.99%), Allspring Global Investments Holdings LLC (1.64%), Bank of New York Mellon Corp (1.00%) and Assenagon Asset Management S.A. (0.28%). Insiders that own company stock include Douglas T Dietrich, Thomas J Meek, Dj Monagle III, Jonathan J Hastings, Michael Cipolla, Brett Argirakis, Erin Cutler and Rocky Motwani.
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.

What other stocks do shareholders of Minerals Technologies own?

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

This page (NYSE:MTX) was last updated on 7/26/2024 by MarketBeat.com Staff

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