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

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$50.54 -0.13 (-0.26 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$50.67
Today's Range$49.69 - $51.22
52-Week Range$49.69 - $80.80
Volume143,200 shs
Average Volume140,927 shs
Market Capitalization$1.79 billion
P/E Ratio11.00
Dividend Yield0.38%
Beta2.16
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. 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

Stock Exchange NYSE
Industry Industrial inorganic chemicals
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Current SymbolNYSE:MTX
Previous Symbol
CUSIP60315810
Phone212-878-1800

Debt

Debt-to-Equity Ratio0.71
Current Ratio2.15
Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio11.00
Forward P/E Ratio10.44
P/E Growth1.2

Sales & Book Value

Annual Sales$1.68 billion
Price / Sales1.06
Cash Flow$7.1688 per share
Price / Cash Flow7.05
Book Value$36.17 per share
Price / Book1.40

Profitability

EPS (Most Recent Fiscal Year)$4.59
Net Income$195.10 million
Net Margins11.38%
Return on Equity12.91%
Return on Assets5.57%

Miscellaneous

Employees3,657
Outstanding Shares35,260,000
Market Cap$1.79 billion
OptionableOptionable

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 announced a quarterly dividend on Wednesday, October 24th. Investors of record on Monday, November 26th will be given a dividend of $0.05 per share on Friday, December 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend is Friday, November 23rd. View Minerals Technologies' Dividend History.

How will Minerals Technologies' stock buyback program work?

Minerals Technologies declared that its Board of Directors has initiated a stock buyback plan on Friday, September 22nd 2017, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) announced its earnings results on Thursday, November, 1st. The basic materials company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.02. The basic materials company earned $464.10 million during the quarter, compared to the consensus estimate of $464.20 million. Minerals Technologies had a return on equity of 12.91% and a net margin of 11.38%. The business's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the business posted $1.19 earnings per share. 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, February 7th 2019. View Earnings Estimates for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

Media coverage about MTX stock has trended somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Minerals Technologies earned a news impact score of 1.9 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the next few days.

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. Michael A. Cipolla, VP, Corp. Controller & Chief Accounting Officer (Age 60)

Who are Minerals Technologies' major shareholders?

Minerals Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.26%), Vanguard Group Inc. (9.22%), Royce & Associates LP (4.58%), Dimensional Fund Advisors LP (4.57%), Macquarie Group Ltd. (4.10%) and Victory Capital Management Inc. (2.83%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Carolyn K Pittman, Dj Monagle III, Douglas W Mayger, Franklin Feder, John J Carmola and Joseph C Breunig. 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 Comerica Bank, JPMorgan Chase & Co., JPMorgan Chase & Co., TIAA CREF Investment Management LLC, AQR Capital Management LLC, Bank of Montreal Can, Wells Fargo & Company MN and Man Group plc. Company insiders that have sold Minerals Technologies company stock in the last year include Andrew M Jones 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 Macquarie Group Ltd., Royce & Associates LP, BlackRock Inc., Ontario Teachers Pension Plan Board, Thrivent Financial for Lutherans, Moody National Bank Trust Division, Investment Counselors of Maryland LLC and Vanguard Group Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, Franklin Feder, John J Carmola 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 $50.54.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.79 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  385
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 12/10/2018 by MarketBeat.com Staff

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