NYSE:MTX

Minerals Technologies Stock Forecast, Price & News

$65.19

-0.90 (-1.36 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$64.87

Now: $65.19▼

$67.13

50-Day Range

$60.19

MA: $64.09▼

$69.61

52-Week Range

$27.28

Now: $65.19▼

$71.10

Volume100,462 shs

Average Volume121,941 shs

Market Capitalization$2.22 billion

P/E Ratio20.37

Dividend Yield0.30%

Beta1.47

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 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. Its 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. 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.

MarketRank^™

Overall MarketRank^™

1.95 out of 5 stars

Basic Materials Sector

55th out of 814 stocks

Industrial Inorganic Chemicals Industry

5th out of 18 stocks

1.4 Analyst's Opinion

Consensus Rating
Minerals Technologies has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $67.67, Minerals Technologies has a forecasted upside of 3.8% from its current price of $65.19.
Amount of Analyst Coverage
Minerals Technologies has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Minerals Technologies has received 197 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Minerals Technologies has received 318 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Minerals Technologies has received 61.75% “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.

1.7 Dividend Strength

Dividend Yield
Minerals Technologies has a dividend yield of 0.30%, which is in the bottom 25% of all stocks that pay dividends.
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 4.51% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Minerals Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,966,099.00 in company stock.
Percentage Held by Insiders
Only 2.80% of the stock of Minerals Technologies is held by insiders.
Percentage Held by Institutions
94.75% of the stock of Minerals Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Minerals Technologies are expected to grow by 15.36% in the coming year, from $3.84 to $4.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Minerals Technologies is 20.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Minerals Technologies is 20.37, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.85.
Price to Earnings Growth Ratio
Minerals Technologies has a PEG Ratio of 3.30. 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 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees1,950

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.69

Current Ratio3.85

Quick Ratio2.91

Price-To-Earnings

Trailing P/E Ratio20.37

Forward P/E Ratio16.98

P/E Growth3.3

Sales & Book Value

Annual Sales$1.79 billion

Price / Sales1.24

Cash Flow$6.87 per share

Price / Cash Flow9.49

Book Value$41.16 per share

Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)$4.23

Net Income$132.70 million

Net Margins6.88%

Return on Equity9.20%

Return on Assets4.26%

Miscellaneous

Outstanding Shares33,994,000

Market Cap$2.22 billion

Next Earnings Date2/4/2021 (Confirmed)

OptionableOptionable

$65.19

-0.90 (-1.36 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Minerals Technologies (NYSE:MTX) Frequently Asked Questions

How has Minerals Technologies' stock been impacted by Coronavirus?

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTX shares have increased by 82.1% and is now trading at $65.19.
View which stocks have been most impacted by COVID-19.

Is Minerals Technologies a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Minerals Technologies stock.
View analyst ratings for Minerals Technologies or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Minerals Technologies?

Wall Street analysts have given Minerals Technologies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Minerals Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Douglas T. Dietrich's approval rating as Minerals Technologies' CEO?

4 employees have rated Minerals Technologies CEO Douglas T. Dietrich on Glassdoor.com. Douglas T. Dietrich has an approval rating of 29% among Minerals Technologies' employees. This puts Douglas T. Dietrich in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Minerals Technologies' next earnings date?

Minerals Technologies is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Minerals Technologies.

How can I listen to Minerals Technologies' earnings call?

Minerals Technologies will be holding an earnings conference call on Thursday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) issued its earnings results on Thursday, October, 29th. The basic materials company reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.05. The basic materials company had revenue of $388 million for the quarter, compared to analyst estimates of $386.08 million. Minerals Technologies had a trailing twelve-month return on equity of 9.20% and a net margin of 6.88%. Minerals Technologies's revenue was down 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.06 earnings per share.
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 Thursday, October 22nd. Shareholders of record on Monday, November 2nd will be given a dividend of $0.05 per share on Thursday, December 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Friday, October 30th.
View Minerals Technologies' dividend history.

Is Minerals Technologies a good dividend stock?

Minerals Technologies pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.30%. The dividend payout ratio of Minerals Technologies is 4.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Minerals Technologies will have a dividend payout ratio of 4.51% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.
View Minerals Technologies' dividend history.

What price target have analysts set for MTX?

4 brokers have issued 1-year price objectives for Minerals Technologies' shares. Their forecasts range from $63.00 to $75.00. On average, they expect Minerals Technologies' stock price to reach $67.67 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts' price targets for Minerals Technologies or view Wall Street analyst' top-rated stocks.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 355,600 shares, a drop of 18.2% from the December 15th total of 434,800 shares. Based on an average trading volume of 142,500 shares, the short-interest ratio is presently 2.5 days. Currently, 1.1% of the company's stock are sold short.
View Minerals Technologies' Short Interest.

Who are some of Minerals Technologies' key competitors?

Some companies that are related to Minerals Technologies include The Sherwin-Williams (SHW), Ecolab (ECL), Valaris (VAL), Albemarle (ALB), Celanese (CE), International Flavors & Fragrances (IFF), RPM International (RPM), Ashland Global (ASH), Quaker Chemical (KWR), NewMarket (NEU), W. R. Grace & Co. (GRA), Balchem (BCPC), Sensient Technologies (SXT), Stepan (SCL) and H.B. Fuller (FUL).
View all of MTX's 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 AT&T (T), AbbVie (ABBV), Carnival Co. & (CCL), Cisco Systems (CSCO), CVS Health (CVS), Gilead Sciences (GILD), Altria Group (MO), Omega Healthcare Investors (OHI), Pfizer (PFE) and Skyworks Solutions (SWKS).

Who are Minerals Technologies' key executives?

Minerals Technologies' management team includes the following people:

Mr. Douglas T. Dietrich, CEO & Director (Age 52, Pay $2.69M)
Mr. Matthew E. Garth, Sr. VP of Fin. & Treasury and CFO (Age 47, Pay $1.12M)
Mr. Thomas J. Meek, Sr. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 64, Pay $1.21M)
Mr. D. J. Monagle III, Group Pres of Specialty Minerals & Refractories (Age 58, Pay $1.25M)
Mr. Jonathan J. Hastings, Group Pres of Performance Materials (Age 58, Pay $1.06M)
Mr. Michael A. Cipolla, VP, Corp. Controller & Chief Accounting Officer (Age 63)
Erik Aldag, Head of Investor Relations
Michael Landau, Director of Corp. Communications
Ms. Erin Cutler, VP of HR
Mr. Douglas W. Mayger, Sr. VP & Head of Global Operations - Performance Materials (Age 63)

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 Boston Trust Walden Corp (1.04%), Retirement Systems of Alabama (0.49%), New York State Teachers Retirement System (0.21%), Skyline Asset Management LP (0.07%), Denali Advisors LLC (0.06%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, Jonathan J Hastings, 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 Skyline Asset Management LP, Pacer Advisors Inc., Boston Trust Walden Corp, New York State Teachers Retirement System, Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Retirement Systems of Alabama, and Private Capital Group LLC. Company insiders that have sold Minerals Technologies company stock in the last year include Andrew M Jones, Douglas T Dietrich, Jonathan J Hastings, and Thomas J Meek.
View insider buying and selling activity for Minerals Technologies or view top insider-selling stocks.

Which major investors are buying Minerals Technologies stock?

MTX stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC. Company insiders that have bought Minerals Technologies stock in the last two years include Douglas T Dietrich, and Robert L Clark.
View insider buying and selling activity for Minerals Technologies or or view top insider-buying stocks.

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 WeBull, 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 $65.19.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $2.22 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 1/26/2021 by MarketBeat.com Staff

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