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

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTX shares have decreased by 9.2% and is now trading at $32.48. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Minerals Technologies.

Minerals Technologies is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Minerals Technologies.

Minerals Technologies Inc (NYSE:MTX) issued its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.04. The basic materials company had revenue of $440.20 million for the quarter, compared to the consensus estimate of $431.47 million. Minerals Technologies had a net margin of 7.41% and a return on equity of 10.39%. The company's revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.17 EPS. View Minerals Technologies' earnings history.

Minerals Technologies declared a quarterly dividend on Wednesday, January 22nd. Shareholders of record on Friday, February 14th will be given a dividend of $0.05 per share on Thursday, March 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, February 13th. View Minerals Technologies' dividend history.

Minerals Technologies issued an update on its first quarter earnings guidance on Friday, January, 31st. The company provided earnings per share (EPS) guidance of $0.90-0.95 for the period, compared to the Thomson Reuters consensus estimate of $1.00.

2 brokerages have issued 12 month price objectives for Minerals Technologies' shares. Their forecasts range from $65.00 to $65.00. On average, they anticipate Minerals Technologies' share price to reach $65.00 in the next year. This suggests a possible upside of 100.1% from the stock's current price. View analysts' price targets for Minerals Technologies.

Headlines about MTX stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Minerals Technologies earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMinerals Technologies.

Minerals Technologies saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 717,200 shares, an increase of 5.3% from the February 27th total of 680,900 shares. Based on an average daily trading volume, of 179,500 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.1% of the shares of the stock are sold short. View Minerals Technologies' Current Options Chain.

Some companies that are related to Minerals Technologies include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Balchem (BCPC), Ashland Global (ASH), W. R. Grace & Co (GRA), Quaker Chemical (KWR), Stepan (SCL), Sensient Technologies (SXT), Innospec (IOSP) and PolyOne (POL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Minerals Technologies investors own include AbbVie (ABBV), Skyworks Solutions (SWKS), Allergan (AGN), Nike (NKE), AT&T (T), Ambarella (AMBA), Comcast (CMCSA), Five Below (FIVE), Tesla (TSLA) and Walgreens Boots Alliance (WBA).

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

Minerals Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (4.30%), Franklin Resources Inc. (4.26%), Franklin Resources Inc. (4.31%), Victory Capital Management Inc. (4.24%), Macquarie Group Ltd. (3.99%) and Macquarie Group Ltd. (3.99%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Carolyn K Pittman, 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.

MTX stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, Bank of New York Mellon Corp, PNC Financial Services Group Inc., State Street Corp, Nuveen Asset Management LLC, Stifel Financial Corp, and William Blair Investment Management LLC. 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.

MTX stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Victory Capital Management Inc., Franklin Resources Inc., Franklin Resources Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Macquarie Group Ltd., and Macquarie Group Ltd.. Company insiders that have bought Minerals Technologies stock in the last two years include Carolyn K Pittman, Douglas T Dietrich, Franklin Feder, John J Carmola, and Robert L Clark. View insider buying and selling activity for 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.

One share of MTX stock can currently be purchased for approximately $32.48.

Minerals Technologies has a market capitalization of $1.12 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. View additional information about Minerals Technologies.

The official website for Minerals Technologies is http://www.mineralstech.com/.

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.