NYSE:MTXMinerals Technologies Stock Price, Forecast & News

$51.18

-1.02 (-1.95 %)

(As of 06/5/2020 04:00 PM ET)

Add

Compare

Today's Range

$50.16

Now: $51.18▼

$51.53

50-Day Range

$35.56

MA: $43.80▼

$52.90

52-Week Range

$27.28

Now: $51.18▼

$59.93

Volume277,900 shs

Average Volume200,806 shs

Market Capitalization$1.75 billion

P/E Ratio13.54

Dividend Yield0.39%

Beta1.8

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The company's Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. Its Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, this segment provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction project customers. The company's Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. Its Energy Services segment provides offshore filtration and well testing services to the oil and gas industry. The company markets its products primarily through its direct sales force, as well as regional distributors. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Minerals Technologies has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $53.50, Minerals Technologies has a potential upside of 4.5% from its current price of $51.18.
Amount of Analyst Coverage
Minerals Technologies has only been the subject of 3 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Minerals Technologies has received 192 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Minerals Technologies has received 311 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Minerals Technologies has received 61.83% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Minerals Technologies and other stocks. Vote “Outperform” if you believe MTX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MTX will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Minerals Technologies is a leading dividend payer. It pays a dividend yield of 0.39%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Minerals Technologies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Minerals Technologies is 4.73 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Minerals Technologies will have a dividend payout ratio of 4.55 % next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Minerals Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $51,615.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.80% of the stock of Minerals Technologies is held by insiders.
Percentage Held by Institutions
95.74% of the stock of Minerals Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Minerals Technologies are expected to grow by 13.40% in the coming year, from $3.88 to $4.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Minerals Technologies is 13.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Minerals Technologies is 13.54, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.45.
Price to Earnings Growth Ratio
Minerals Technologies has a PEG Ratio of 3.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Minerals Technologies has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.49 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial inorganic chemicals

Sub-IndustrySpecialty Chemicals

SectorBasic Materials

Current SymbolNYSE:MTX

Previous Symbol

CUSIP60315810

CIK891014

Webwww.mineralstech.com

Phone212-878-1800

Debt

Debt-to-Equity Ratio0.58

Current Ratio2.35

Quick Ratio1.69

Price-To-Earnings

Trailing P/E Ratio13.54

Forward P/E Ratio13.19

P/E Growth3.36

Sales & Book Value

Annual Sales$1.79 billion

Price / Sales0.97

Cash Flow$6.94 per share

Price / Cash Flow7.37

Book Value$41.16 per share

Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$4.23

Net Income$132.70 million

Net Margins7.47%

Return on Equity10.41%

Return on Assets4.77%

Miscellaneous

Employees1,950

Outstanding Shares34,112,000

Market Cap$1.75 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

Receive MTX News and Ratings via Email

Sign-up to receive the latest news and ratings for MTX and its competitors with MarketBeat's FREE daily newsletter.

Minerals Technologies (NYSE:MTX) Frequently Asked Questions

How has Minerals Technologies' stock been impacted by COVID-19 (Coronavirus)?

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTX stock has increased by 43.0% and is now trading at $51.18. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Minerals Technologies?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Minerals Technologies.

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Minerals Technologies.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) released its quarterly earnings results on Thursday, April, 30th. The basic materials company reported $1.13 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.95 by $0.18. The basic materials company had revenue of $417.50 million for the quarter, compared to the consensus estimate of $427.83 million. Minerals Technologies had a net margin of 7.47% and a return on equity of 10.41%. The firm's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.11 EPS. View Minerals Technologies' earnings history.

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

Minerals Technologies announced a quarterly dividend on Wednesday, May 13th. Investors of record on Thursday, May 28th will be paid a dividend of $0.05 per share on Thursday, June 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Wednesday, May 27th. View Minerals Technologies' dividend history.

What guidance has Minerals Technologies issued on next quarter's earnings?

Minerals Technologies updated its first quarter 2020 After-Hours earnings guidance on Wednesday, April, 8th. The company provided earnings per share (EPS) guidance of 0.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.92.

What price target have analysts set for MTX?

3 brokerages have issued 1-year price targets for Minerals Technologies' stock. Their forecasts range from $52.00 to $55.00. On average, they anticipate Minerals Technologies' stock price to reach $53.50 in the next year. This suggests a possible upside of 4.5% from the stock's current price. View analysts' price targets for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

News stories about MTX stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Minerals Technologies earned a news impact score of -4.4 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news aboutMinerals Technologies.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 691,700 shares, an increase of 10.8% from the April 30th total of 624,200 shares. Based on an average daily trading volume, of 222,400 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.1% of the company's shares are sold short. View Minerals Technologies' Current Options Chain.

Who are some of Minerals Technologies' key competitors?

Some companies that are related to Minerals Technologies include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Ashland Global (ASH), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), PolyOne (POL), Sensient Technologies (SXT), Stepan (SCL) and HB Fuller (FUL). View all competitors.

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 AbbVie (ABBV), Allergan (AGN), Bank of Nova Scotia (BNS), Carnival (CCL), Callon Petroleum (CPE), Consolidated Edison (ED), Ford Motor (F), General Motors (GM), Intel (INTC) and Kohl's (KSS).

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the following people:

Mr. Douglas T. Dietrich, CEO & Director (Age 50)
Mr. Matthew E. Garth, Sr. VP of Fin. & Treasury and CFO (Age 45)
Mr. Thomas J. Meek, Sr. VP of HR, Gen. Counsel, Sec. & Chief Compliance Officer (Age 62)
Mr. D. J. Monagle III, Group Pres of Specialty Minerals & Refractories (Age 56)
Mr. Michael A. Cipolla, VP, Corp. Controller & Chief Accounting Officer (Age 61)

What is Minerals Technologies' stock symbol?

Minerals Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTX."

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.52%), Victory Capital Management Inc. (4.53%), Victory Capital Management Inc. (4.54%), State Street Corp (3.22%), Franklin Resources Inc. (3.11%) and Nuveen Asset Management LLC (1.95%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Franklin Feder, John J Carmola, Michael Cipolla, Robert L Clark and Thomas J Meek. View institutional ownership trends for Minerals Technologies.

Which institutional investors are selling Minerals Technologies stock?

MTX stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., BlackRock Inc., Nuveen Asset Management LLC, AQR Capital Management LLC, Morgan Stanley, UBS Group AG, First Manhattan Co., and Principal Financial Group Inc.. Company insiders that have sold Minerals Technologies company stock in the last year include Dj Monagle III, Michael Cipolla, and Thomas J Meek. View insider buying and selling activity for Minerals Technologies.

Which institutional investors are buying Minerals Technologies stock?

MTX stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Deutsche Bank AG, JPMorgan Chase & Co., Eaton Vance Management, Victory Capital Management Inc., Victory Capital Management Inc., Geode Capital Management LLC, and Wasatch Advisors Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Douglas T Dietrich, Franklin Feder, John J Carmola, and Robert L Clark. View insider buying and selling activity for Minerals Technologies.

How do I buy shares of Minerals Technologies?

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

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $51.18.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.75 billion and generates $1.79 billion in revenue each year. The basic materials company earns $132.70 million in net income (profit) each year or $4.23 on an earnings per share basis. Minerals Technologies employs 1,950 workers across the globe.

What is Minerals Technologies' official website?

The official website for Minerals Technologies is www.mineralstech.com.

How can I contact Minerals Technologies?

Minerals Technologies' mailing address is 622 THIRD AVENUE, NEW YORK NY, 10017. The basic materials company can be reached via phone at 212-878-1800.

This page was last updated on 6/6/2020 by MarketBeat.com Staff