Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc. The Performance Materials segment is a supplier of bentonite and bentonite-related products to industrial and consumer markets globally. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment. The Energy Services segment offers a range of services to improve the production, costs, compliance and environmental impact of activities performed in the oil and gas industry.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:MTX
- CUSIP: 60315810
- Web: www.mineralstech.com
- Market Cap: $2.38 billion
- Outstanding Shares: 35,093,000
- 50 Day Moving Avg: $65.51
- 200 Day Moving Avg: $72.09
- 52 Week Range: $62.55 - $83.85
Sales & Book Value:
- Trailing P/E Ratio: 15.43
- Foreward P/E Ratio: 13.41
- P/E Growth: 1.83
- Annual Revenue: $1.62 billion
- Price / Sales: 1.47
- Book Value: $31.73 per share
- Price / Book: 2.13
- Annual Dividend: $0.20
- Dividend Yield: 0.3%
- EBIDTA: $349.2 million
- Net Margins: 9.62%
- Return on Equity: 15.04%
- Return on Assets: 5.56%
- Debt-to-Equity Ratio: 0.89%
- Current Ratio: 2.70%
- Quick Ratio: 1.98%
- Average Volume: 132,133 shs.
- Beta: 2.21
- Short Ratio: 2.41
Frequently Asked Questions for Minerals Technologies (NYSE:MTX)
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 announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Friday, August 25th will be given a dividend of $0.05 per share on Thursday, September 7th. This represents a $0.20 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Wednesday, August 23rd. View Minerals Technologies' Dividend History.
How were Minerals Technologies' earnings last quarter?
Minerals Technologies Inc. (NYSE:MTX) released its earnings results on Thursday, August, 3rd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.24 by $0.01. The company earned $414.10 million during the quarter, compared to analyst estimates of $427.21 million. Minerals Technologies had a return on equity of 15.04% and a net margin of 9.62%. View Minerals Technologies' Earnings History.
When will Minerals Technologies make its next earnings announcement?
What guidance has Minerals Technologies issued on next quarter's earnings?
Minerals Technologies issued an update on its third quarter earnings guidance on Friday, August, 4th. The company provided EPS guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus estimate of $1.24.
Where is Minerals Technologies' stock going? Where will Minerals Technologies' stock price be in 2017?
1 brokerages have issued 12-month price targets for Minerals Technologies' shares. Their predictions range from $80.00 to $80.00. On average, they anticipate Minerals Technologies' share price to reach $80.00 in the next twelve months. View Analyst Ratings for Minerals Technologies.
Who are some of Minerals Technologies' key competitors?
Some companies that are related to Minerals Technologies include Valvoline (VVV), Versum Materials (VSM), Cabot Corporation (CBT), Platform Specialty Products Corporation (PAH), Sensient Technologies Corporation (SXT), Trinseo S.A. (TSE), Kronos Worldwide (KRO), Victrex plc (VCT), Stepan Company (SCL), Ferro Corporation (FOE), Synthomer PLC (SYNT), Innospec (IOSP), Orion Engineered Carbons S.A (OEC), Elementis plc (ELM), AdvanSix (ASIX), Kraton Corporation (KRA), OM Group (OMG) and OCI Partners LP (OCIP).
Who are Minerals Technologies' key executives?
Minerals Technologies' management team includes the folowing people:
- Duane R. Dunham, Chairman, Independent Director
- Douglas T. Dietrich, Chief Executive Officer
- Matthew E. Garth, Chief Financial Officer, Senior Vice President - Finance, Treasurer
- Gary L. Castagna, Group President - Performance Materials and Construction Technologies
- Daniel Joseph Monagle III, Group President - Specialty Minerals and Refractories
- Douglas W. Mayger, Senior Vice President, Director - MTI Supply Chain
- Jonathan J. Hastings, Senior Vice President - Corporate Development
- Rand Mendez III, Senior Vice President : and Managing Director of Paper PCC
- Thomas J. Meek, Chief Compliance Officer, Secretary
- Michael A. Cipolla, Vice President, Corporate Controller, Chief Accounting Officer
Who owns Minerals Technologies stock?
Minerals Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.25%), Vanguard Group Inc. (8.38%), Dimensional Fund Advisors LP (4.13%), Goldman Sachs Group Inc. (3.48%), State Street Corp (3.28%) and Royce & Associates LP (3.13%). Company insiders that own Minerals Technologies stock include Douglas T Dietrich, Douglas W Mayger, Johannes C Schut, Jonathan J Hastings, Michael Cipolla, Patrick Carpenter and Rick Honey. View Institutional Ownership Trends for Minerals Technologies.
Who sold Minerals Technologies stock? Who is selling Minerals Technologies stock?
Minerals Technologies' stock was sold by a variety of institutional investors in the last quarter, including BTIM Corp., Denver Investment Advisors LLC, JPMorgan Chase & Co., Franklin Resources Inc., First Trust Advisors LP, AXA, Lord Abbett & CO. LLC and Dupont Capital Management Corp. Company insiders that have sold Minerals Technologies stock in the last year include Douglas W Mayger and Michael Cipolla. View Insider Buying and Selling for Minerals Technologies.
Who bought Minerals Technologies stock? Who is buying Minerals Technologies stock?
Minerals Technologies' stock was acquired by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Vaughan Nelson Investment Management L.P., Voya Investment Management LLC, OxFORD Asset Management LLP, State Street Corp, Marshall Wace North America L.P., BNP Paribas Arbitrage SA and Vanguard Group Inc.. View Insider Buying and Selling for Minerals Technologies.
How do I buy Minerals Technologies stock?
Shares of Minerals Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Minerals Technologies' stock price today?
MarketBeat Community Rating for Minerals Technologies (NYSE MTX)MarketBeat's community ratings are surveys of what our community members think about Minerals Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Minerals Technologies stock can currently be purchased for approximately $67.70.
Consensus Ratings for Minerals Technologies (NYSE:MTX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$80.00 (18.17% upside)|
Analysts' Ratings History for Minerals Technologies (NYSE:MTX)
(Data available from 9/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/24/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$80.00 -> $80.00||High|
|5/26/2016||Wedbush||Downgrade||Outperform -> Neutral||$62.00||N/A|
|10/13/2015||KeyCorp||Upgrade||Sector Weight -> Overweight||$70.00||N/A|
Earnings History for Minerals Technologies (NYSE:MTX)Earnings History by Quarter for Minerals Technologies (NYSE MTX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017|| || || || || || || || |
|8/3/2017||Q2 2017||$1.24||$1.23||$427.21 million||$414.10 million||View||Listen|
|5/4/2017||Q1 2017||$1.04||$1.07||$401.63 million||$405.00 million||View||Listen|
|2/2/2017||Q4 2016||$1.05||$1.08||$393.05 million||$401.30 million||View||Listen|
|11/3/2016||Q3||$1.15||$1.17||$430.60 million||$399.50 million||View||N/A|
|8/4/2016||Q2||$1.16||$1.20||$437.20 million||$427.00 million||View||N/A|
|5/5/2016||Q1||$0.97||$1.02||$418.73 million||$410.20 million||View||N/A|
|2/4/2016||Q4||$0.95||$1.00||$436.27 million||$1.25 billion||View||N/A|
|10/22/2015||Q3||$1.03||$1.06||$467.78 million||$451.00 million||View||Listen|
|8/6/2015||Q2||$1.16||$1.18||$495.55 million||$463.40 million||View||Listen|
|4/23/2015||Q1||$0.99||$1.07||$477.23 million||$453.30 million||View||Listen|
|1/29/2015||Q4||$1.07||$1.22||$526.93 million||$516.00 million||View||Listen|
|10/23/2014||Q314||$1.07||$1.25||$536.30 million||$543.50 million||View||Listen|
|8/7/2014||Q214||$0.79||$0.94||$364.63 million||$421.10 million||View||Listen|
|4/24/2014||Q413||$0.56||$0.58||$249.10 million||$244.40 million||View||N/A|
|11/1/2013||Q313||$0.61||$0.63||$259.40 million||$254.20 million||View||Listen|
|7/25/2013||Q2 2013||$0.58||$0.63||$258.40 million||$256.80 million||View||Listen|
|4/25/2013||Q1 2013||$0.50||$0.53||$251.76 million||$251.29 million||View||Listen|
|1/31/2013||Q4 2012||$0.47||$0.50||$242.50 million||$244.20 million||View||Listen|
Earnings Estimates for Minerals Technologies (NYSE:MTX)
2017 EPS Consensus Estimate: $4.66
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Minerals Technologies (NYSE:MTX)
|Most Recent Dividend:||9/7/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||4.55% (Trailing 12 Months of Earnings) |
4.35% (Based on This Year's Estimates)
3.96% (Based on Next Year's Estimates)
Dividend History by Quarter for Minerals Technologies (NYSE MTX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Minerals Technologies (NYSE:MTX)
Insider Ownership Percentage: 2.20%Insider Trades by Quarter for Minerals Technologies (NYSE:MTX)
Institutional Ownership Percentage: 94.41%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/15/2017||Douglas W Mayger||Insider||Sell||790||$79.08||$62,473.20|| |
|2/10/2017||Douglas W Mayger||Insider||Sell||7,373||$78.18||$576,421.14|| |
|11/14/2016||Michael Cipolla||VP||Sell||3,500||$74.35||$260,225.00|| |
|8/31/2016||Jonathan J Hastings||Insider||Sell||7,606||$70.85||$538,885.10|| |
|8/23/2016||Douglas W Mayger||Insider||Sell||3,972||$70.39||$279,589.08|| |
|8/23/2016||Patrick Carpenter||VP||Sell||3,648||$70.77||$258,168.96|| |
|8/22/2016||Patrick Carpenter||VP||Sell||5,467||$70.57||$385,806.19|| |
|8/18/2016||Douglas W Mayger||VP||Sell||2,825||$70.77||$199,925.25|| |
|8/9/2016||Douglas T Dietrich||CFO||Sell||11,080||$69.21||$766,846.80|| |
|8/9/2016||Michael Cipolla||VP||Sell||8,267||$69.21||$572,159.07|| |
|6/27/2016||Rick Honey||VP||Sell||6,811||$52.95||$360,642.45|| |
|2/16/2016||Michael Cipolla||VP||Sell||170||$44.46||$7,558.20|| |
|2/10/2016||Johannes C. Schut||VP||Sell||9,090||$44.68||$406,141.20|| |
|2/17/2015||Douglas W Mayger||SVP||Sell||3,623||$71.39||$258,645.97|| |
|3/22/2013||Steven J Golub||Director||Sell||5,000||$42.23||$211,150.00|| |
Headline Trends for Minerals Technologies (NYSE:MTX)
Latest Headlines for Minerals Technologies (NYSE:MTX)
|Minerals Technologies Inc. (MTX) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - September 16 at 4:40 PM
|Head-To-Head Survey: Minerals Technologies (MTX) versus Stepan (SCL)|
www.americanbankingnews.com - August 24 at 6:24 PM
|First Analysis Brokers Cut Earnings Estimates for Minerals Technologies Inc. (MTX)|
www.americanbankingnews.com - August 23 at 8:10 AM
|Minerals Technologies Inc. Elects Carolyn K. Pittman to Its Board of Directors|
feeds.benzinga.com - August 11 at 1:10 PM
|FY2017 EPS Estimates for Minerals Technologies Inc. (NYSE:MTX) Lowered by Gabelli|
www.americanbankingnews.com - August 10 at 10:42 AM
|See what the IHS Markit Score report has to say about Minerals Technologies Inc.|
finance.yahoo.com - August 10 at 6:06 AM
|Minerals Technologies Inc. to Post Q3 2017 Earnings of $1.17 Per Share, KeyCorp Forecasts (NYSE:MTX)|
www.americanbankingnews.com - August 9 at 7:46 AM
|Minerals Technologies, Inc. – Value Analysis (NYSE:MTX) : August 7, 2017|
finance.yahoo.com - August 7 at 8:15 PM
|Edited Transcript of MTX earnings conference call or presentation 4-Aug-17 3:00pm GMT|
finance.yahoo.com - August 7 at 8:15 PM
|Minerals Technologies Inc. (MTX) Releases Q3 Earnings Guidance|
www.americanbankingnews.com - August 4 at 2:26 PM
|Minerals Technologies Inc Earnings Climb 3% In Q2|
www.rttnews.com - August 4 at 5:50 AM
|Minerals Technologies Reports Second Quarter Earnings of $1.21 Per Share, or $1.23 Per Share, Excluding Special Items|
finance.yahoo.com - August 4 at 5:50 AM
|Minerals Technologies misses 2Q profit forecasts|
finance.yahoo.com - August 4 at 5:50 AM
|Minerals Technologies Inc. (NYSE:MTX) to Release Earnings on Thursday|
www.americanbankingnews.com - July 27 at 1:26 PM
|Head to Head Review: Stepan (SCL) vs. Minerals Technologies (MTX)|
www.americanbankingnews.com - July 27 at 10:58 AM
|Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : July 25, 2017|
finance.yahoo.com - July 26 at 3:00 AM
|ETFs with exposure to Minerals Technologies, Inc. : July 24, 2017|
finance.yahoo.com - July 25 at 4:36 AM
|Advisory: Minerals Technologies Inc. Second Quarter 2017 Conference Call|
finance.yahoo.com - July 21 at 3:05 AM
|Bullish Two Hundred Day Moving Average Cross - MTX|
www.nasdaq.com - July 20 at 2:03 AM
|Minerals Technologies Inc. (MTX) Plans Quarterly Dividend of $0.05|
www.americanbankingnews.com - July 19 at 11:05 AM
|ETFs with exposure to Minerals Technologies, Inc. : July 14, 2017|
finance.yahoo.com - July 15 at 6:43 AM
|Minerals Technologies, Inc. breached its 50 day moving average in a Bullish Manner : MTX-US : July 13, 2017|
finance.yahoo.com - July 14 at 6:42 AM
| Minerals Technologies Inc. (NYSE:MTX) Given $80.00 Consensus Price Target by Brokerages|
www.americanbankingnews.com - July 13 at 9:32 AM
| Minerals Technologies Inc. (MTX) Given $80.00 Average Price Target by Analysts|
www.americanbankingnews.com - June 29 at 12:40 AM
|Critical Analysis: Minerals Technologies (MTX) & BioAmber (BIOA)|
www.americanbankingnews.com - June 22 at 8:26 AM
|Minerals Technologies Inc. (MTX) Downgraded by BidaskClub|
www.americanbankingnews.com - June 17 at 4:48 PM
|Minerals Technologies, Inc. – Value Analysis (NYSE:MTX) : June 14, 2017|
finance.yahoo.com - June 14 at 10:32 PM
|Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : June 13, 2017|
finance.yahoo.com - June 13 at 6:49 PM
|Minerals Technologies, Inc. : MTX-US: Dividend Analysis : May 31st, 2017 (record date) : By the numbers : May 26, 2017|
finance.yahoo.com - May 26 at 7:36 PM
|Minerals Technologies Inc (MTX) Announces $0.05 Quarterly Dividend|
www.americanbankingnews.com - May 16 at 10:22 AM
|Minerals Technologies Inc (MTX) Cut to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - May 14 at 10:56 PM
| Analysts Set $80.00 Target Price for Minerals Technologies Inc (MTX)|
www.americanbankingnews.com - May 11 at 2:32 PM
|MTX Makes Notable Cross Below Critical Moving Average|
www.nasdaq.com - May 10 at 6:46 PM
|Edited Transcript of MTX earnings conference call or presentation 5-May-17 3:00pm GMT|
finance.yahoo.com - May 10 at 12:13 PM
|ETFs with exposure to Minerals Technologies, Inc. : May 9, 2017|
finance.yahoo.com - May 9 at 6:21 PM
|Minerals Technologies, Inc. breached its 50 day moving average in a Bearish Manner : MTX-US : May 9, 2017|
finance.yahoo.com - May 9 at 11:39 AM
|Minerals Technologies, Inc. :MTX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017|
finance.yahoo.com - May 8 at 12:26 PM
|Minerals Technologies' (MTX) CEO Doug Dietrich on Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 6 at 6:39 PM
|Minerals Technologies Inc (MTX) Releases Q2 Earnings Guidance|
www.americanbankingnews.com - May 5 at 2:04 PM
|Minerals Technologies Inc (MTX) Releases Earnings Results, Beats Expectations By $0.03 EPS|
www.americanbankingnews.com - May 4 at 11:14 PM
|Minerals Technologies beats 1Q profit forecasts|
marketbeat.com - May 4 at 7:38 PM
|Minerals Technologies Inc Earnings Advance 7% In Q1|
www.rttnews.com - May 4 at 6:47 PM
|Minerals Technologies Reports First Quarter Earnings of $0.97 Per Share, or $1.07 Per Share, Excluding Special Items|
finance.yahoo.com - May 4 at 6:47 PM
|Minerals Technologies (MTX) Getting Very Positive News Coverage, Study Shows|
www.americanbankingnews.com - May 2 at 2:54 PM
|Minerals Technologies Signs Agreement With PT Indah Kiat Pulp & Paper, a Subsidiary of Asia Pulp & Paper Group, to Construct a 125,000 Metric-Ton Per Year Satellite PCC Plant in Indonesia, and to Expand an Existing Satellite to 140,000 Metric Tons|
finance.yahoo.com - May 2 at 1:14 PM
|Somewhat Favorable Media Coverage Extremely Likely to Affect Minerals Technologies (MTX) Stock Price|
www.americanbankingnews.com - April 29 at 12:54 PM
|Favorable News Coverage Likely to Affect Minerals Technologies (MTX) Stock Price|
www.americanbankingnews.com - April 26 at 8:54 PM
|Advisory: Minerals Technologies Inc. First Quarter 2017 Conference Call|
finance.yahoo.com - April 25 at 5:59 PM
|Minerals Technologies (MTX) Earning Somewhat Favorable News Coverage, Report Finds|
www.americanbankingnews.com - April 23 at 7:21 PM
|Minerals Technologies (MTX) Getting Somewhat Favorable Press Coverage, Study Finds|
www.americanbankingnews.com - April 18 at 12:57 AM
Minerals Technologies (MTX) Chart for Tuesday, September, 19, 2017