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NYSE:MTX - Minerals Technologies Stock Price, Forecast & News

$32.48
-1.15 (-3.42 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$31.50
Now: $32.48
$33.65
50-Day Range
$28.90
MA: $44.81
$57.10
52-Week Range
$27.28
Now: $32.48
$63.75
Volume158,367 shs
Average Volume328,970 shs
Market Capitalization$1.12 billion
P/E Ratio8.62
Dividend Yield0.59%
Beta1.84
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.
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Minerals Technologies logo

Industry, Sector and Symbol

Industry Industrial inorganic chemicals
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
CUSIP60315810
Phone212-878-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.79 billion
Cash Flow$6.84 per share
Book Value$41.16 per share

Profitability

Net Income$132.70 million

Miscellaneous

Employees1,950
Market Cap$1.12 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTX shares have decreased by 9.2% and is now trading at $32.48. View which stocks have been mosted impacted by Coronavirus.

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 1 hold rating and 1 buy rating 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, May 7th 2020. View our earnings forecast for Minerals Technologies.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) issued its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.04. The basic materials company had revenue of $440.20 million for the quarter, compared to the consensus estimate of $431.47 million. Minerals Technologies had a net margin of 7.41% and a return on equity of 10.39%. The company's revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.17 EPS. View Minerals Technologies' earnings history.

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

Minerals Technologies declared a quarterly dividend on Wednesday, January 22nd. Shareholders of record on Friday, February 14th will be given a dividend of $0.05 per share on Thursday, March 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, February 13th. View Minerals Technologies' dividend history.

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

Minerals Technologies issued an update on its first quarter earnings guidance on Friday, January, 31st. The company provided earnings per share (EPS) guidance of $0.90-0.95 for the period, compared to the Thomson Reuters consensus estimate of $1.00.

What price target have analysts set for MTX?

2 brokerages have issued 12 month price objectives for Minerals Technologies' shares. Their forecasts range from $65.00 to $65.00. On average, they anticipate Minerals Technologies' share price to reach $65.00 in the next year. This suggests a possible upside of 100.1% from the stock's current price. View analysts' price targets for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

Headlines about MTX stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Minerals Technologies earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMinerals Technologies.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 717,200 shares, an increase of 5.3% from the February 27th total of 680,900 shares. Based on an average daily trading volume, of 179,500 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.1% of the shares of the stock are sold short. View Minerals Technologies' Current Options Chain.

Who are some of Minerals Technologies' key 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), Skyworks Solutions (SWKS), Allergan (AGN), Nike (NKE), AT&T (T), Ambarella (AMBA), Comcast (CMCSA), Five Below (FIVE), Tesla (TSLA) and Walgreens Boots Alliance (WBA).

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 investors include Victory Capital Management Inc. (4.30%), Franklin Resources Inc. (4.26%), Franklin Resources Inc. (4.31%), Victory Capital Management Inc. (4.24%), Macquarie Group Ltd. (3.99%) and Macquarie Group Ltd. (3.99%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Carolyn K Pittman, 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 major investors are selling Minerals Technologies stock?

MTX stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, Bank of New York Mellon Corp, PNC Financial Services Group Inc., State Street Corp, Nuveen Asset Management LLC, Stifel Financial Corp, and William Blair Investment Management LLC. 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 major investors are buying Minerals Technologies stock?

MTX stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Victory Capital Management Inc., Franklin Resources Inc., Franklin Resources Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Macquarie Group Ltd., and Macquarie Group Ltd.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, 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 $32.48.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.12 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. View additional information about Minerals Technologies.

What is Minerals Technologies' official website?

The official website for Minerals Technologies is http://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.


MarketBeat Community Rating for Minerals Technologies (NYSE MTX)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  495
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.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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