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NYSE:MTXMinerals Technologies Stock Price, Forecast & News

$52.90
+2.68 (+5.34 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$50.65
Now: $52.90
$53.35
50-Day Range
$34.81
MA: $41.57
$48.17
52-Week Range
$27.28
Now: $52.90
$59.93
Volume185,864 shs
Average Volume186,060 shs
Market Capitalization$1.80 billion
P/E Ratio13.99
Dividend Yield0.40%
Beta1.78
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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Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 out of 5 stars


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$7.45 per share
Book Value$41.39 per share

Profitability

Net Income$132.70 million

Miscellaneous

Employees1,950
Market Cap$1.80 billion
Next Earnings Date8/6/2020 (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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTX shares have increased by 47.8% and is now trading at $52.90. View which stocks have been most 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 2 buy ratings 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, August 6th 2020. View our earnings forecast for Minerals Technologies.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) posted its quarterly earnings data on Thursday, April, 30th. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.18. The basic materials company had revenue of $417.50 million for the quarter, compared to analysts' expectations of $427.83 million. Minerals Technologies had a net margin of 7.47% and a return on equity of 10.41%. The firm's revenue was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS. View Minerals Technologies' earnings history.

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

Minerals Technologies announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.05 per share on Thursday, June 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date is Wednesday, May 27th. 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 2020 After-Hours earnings guidance on Wednesday, April, 8th. The company provided earnings per share guidance of 0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.92.

What price target have analysts set for MTX?

2 brokerages have issued 1-year target prices for Minerals Technologies' shares. Their forecasts range from $55.00 to $55.00. On average, they anticipate Minerals Technologies' stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. View analysts' price targets for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

Press coverage about MTX stock has been trending somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Minerals Technologies earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMinerals Technologies.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 691,700 shares, an increase of 10.8% from the April 30th total of 624,200 shares. Based on an average daily trading volume, of 222,400 shares, the short-interest ratio is currently 3.1 days. Currently, 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), Allergan (AGN), Bank of Nova Scotia (BNS), Carnival (CCL), Callon Petroleum (CPE), Consolidated Edison (ED), Ford Motor (F), General Motors (GM), Intel (INTC) and Kohl's (KSS).

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.52%), Victory Capital Management Inc. (4.53%), Victory Capital Management Inc. (4.54%), State Street Corp (3.22%), Franklin Resources Inc. (3.11%) and Nuveen Asset Management LLC (1.95%). Company insiders that own Minerals Technologies stock include Andrew M Jones, 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 Franklin Resources Inc., BlackRock Inc., Nuveen Asset Management LLC, AQR Capital Management LLC, Morgan Stanley, UBS Group AG, First Manhattan Co., and Principal Financial Group Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Deutsche Bank AG, JPMorgan Chase & Co., Eaton Vance Management, Victory Capital Management Inc., Victory Capital Management Inc., Geode Capital Management LLC, and Wasatch Advisors Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include 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 $52.90.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.80 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 5/28/2020 by MarketBeat.com Staff

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