NYSE:MTX - Minerals Technologies Stock Price, Price Target & More

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$76.40 +0.55 (+0.73 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$76.40
Today's Range$75.55 - $76.60
52-Week Range$62.55 - $77.15
Volume70,568 shs
Average Volume149,891 shs
Market Capitalization$2.70 billion
P/E Ratio16.64
Dividend Yield0.26%
Beta2.27
Minerals Technologies logoMinerals 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. It 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 City, New York.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.72
Current Ratio2.96
Quick Ratio2.22

Price-To-Earnings

Trailing P/E Ratio16.64
Forward P/E Ratio15.50
P/E Growth1.88

Sales & Book Value

Annual Sales$1.68 billion
Price / Sales1.61
Cash Flow$7.2075 per share
Price / Cash10.60
Book Value$36.17 per share
Price / Book2.11

Profitability

EPS (Most Recent Fiscal Year)$4.59
Net Income$195.10 million
Net Margins11.77%
Return on Equity13.36%
Return on Assets5.57%

Miscellaneous

Employees3,657
Outstanding Shares35,360,000

Minerals Technologies (NYSE:MTX) Frequently Asked Questions

What is Minerals Technologies' stock symbol?

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

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

Minerals Technologies declared a quarterly dividend on Thursday, May 17th. Stockholders of record on Thursday, May 31st will be given a dividend of $0.05 per share on Thursday, June 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Wednesday, May 30th. View Minerals Technologies' Dividend History.

How will Minerals Technologies' stock buyback program work?

Minerals Technologies declared that its Board of Directors has approved a stock buyback program on Friday, September 22nd 2017, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) released its earnings results on Thursday, May, 3rd. The basic materials company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.12 by $0.01. The basic materials company had revenue of $431.30 million for the quarter, compared to the consensus estimate of $420 million. Minerals Technologies had a return on equity of 13.36% and a net margin of 11.77%. The company's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.97 EPS. View Minerals Technologies' Earnings History.

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Minerals Technologies.

Who are some of Minerals Technologies' key competitors?

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the folowing people:
  • Mr. Douglas T. Dietrich, CEO & Director (Age 49)
  • Mr. Matthew E. Garth, Sr. VP of Fin. & Treasury and CFO (Age 44)
  • Mr. Thomas J. Meek, Sr. VP, Gen. Counsel, HR, Sec. & Chief Compliance Officer (Age 61)
  • Mr. D. J. Monagle III, Group Pres for Specialty Minerals & Refractories (Age 55)
  • Mr. Gary L. Castagna, Group Pres of Performance Materials & Construction Technologies (Age 56)

Has Minerals Technologies been receiving favorable news coverage?

News headlines about MTX stock have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Minerals Technologies earned a news sentiment score of 0.05 on Accern's scale. They also gave media coverage about the basic materials company an impact score of 45.08 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.53%), Dimensional Fund Advisors LP (4.23%), Silvercrest Asset Management Group LLC (3.63%), Northern Trust Corp (2.91%), Victory Capital Management Inc. (2.62%) and Franklin Resources Inc. (2.43%). Company insiders that own Minerals Technologies stock include Carolyn K Pittman, Dj Monagle III, Douglas T Dietrich, Douglas W Mayger, Jonathan J Hastings, Joseph C Breunig, Michael Cipolla, Patrick Carpenter and Rick Honey. 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 Millennium Management LLC, JPMorgan Chase & Co., Citadel Advisors LLC, Prudential Financial Inc., BNP Paribas Arbitrage SA, Wedge Capital Management L L P NC, Cubist Systematic Strategies LLC and Loomis Sayles & Co. L P. Company insiders that have sold Minerals Technologies company stock in the last year include Dj Monagle III and Douglas W Mayger. View Insider Buying and Selling for Minerals Technologies.

Which institutional investors are buying Minerals Technologies stock?

MTX stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Franklin Resources Inc., Nuveen Asset Management LLC, Boston Partners, BlackRock Inc., Dimensional Fund Advisors LP, Silvercrest Asset Management Group LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman and Joseph C Breunig. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Minerals Technologies' stock price today?

One share of MTX stock can currently be purchased for approximately $76.40.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $2.70 billion and generates $1.68 billion in revenue each year. The basic materials company earns $195.10 million in net income (profit) each year or $4.59 on an earnings per share basis. Minerals Technologies employs 3,657 workers across the globe.

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 (MTX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  140 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  327
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 6/20/2018 by MarketBeat.com Staff

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