NYSE:MTXMinerals Technologies Stock Price, Forecast & News

$51.21

+4.33 (+9.24 %)

(As of 08/3/2020 04:00 PM ET)

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Today's Range

$47.88

Now: $51.21▼

$51.56

50-Day Range

$43.11

MA: $46.38▼

$49.63

52-Week Range

$27.28

Now: $51.21▼

$59.18

Volume301,988 shs

Average Volume142,361 shs

Market Capitalization$1.75 billion

P/E Ratio14.84

Dividend Yield0.43%

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.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
Minerals Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $53.50, Minerals Technologies has a potential upside of 4.5% from its current price of $51.21.
Amount of Analyst Coverage
Minerals Technologies has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Minerals Technologies has received 193 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Minerals Technologies has received 313 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Minerals Technologies has received 61.86% “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 0.43%, 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 4.55% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Minerals Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.80% of the stock of Minerals Technologies is held by insiders.
Percentage Held by Institutions
95.68% of the stock of Minerals Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Minerals Technologies are expected to grow by 13.40% in the coming year, from $3.88 to $4.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Minerals Technologies is 14.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Minerals Technologies is 14.84, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 26.86.
Price to Earnings Growth Ratio
Minerals Technologies has a PEG Ratio of 3.02. 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 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.59 out of 5 stars

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

Debt

Debt-to-Equity Ratio0.45

Current Ratio1.74

Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio14.84

Forward P/E Ratio13.20

P/E Growth3.02

Sales & Book Value

Annual Sales$1.79 billion

Price / Sales0.98

Cash Flow$7.74 per share

Price / Cash Flow6.62

Book Value$41.16 per share

Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$4.23

Net Income$132.70 million

Net Margins7.21%

Return on Equity9.67%

Return on Assets4.47%

Miscellaneous

Employees1,950

Outstanding Shares34,110,000

Market Cap$1.75 billion

Next Earnings Date10/29/2020 (Estimated)

OptionableOptionable

$51.21

+4.33 (+9.24 %)

(As of 08/3/2020 04:00 PM 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 COVID-19 (Coronavirus)?

Minerals Technologies' stock was trading at $35.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTX shares have increased by 43.1% and is now trading at $51.21.
View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Minerals Technologies?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last year. There are currently 3 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, October 29th 2020.
View our earnings forecast for Minerals Technologies.

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc (NYSE:MTX) released its quarterly earnings data on Thursday, July, 30th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.02. The basic materials company had revenue of $357.20 million for the quarter, compared to analyst estimates of $402.52 million. Minerals Technologies had a return on equity of 9.67% and a net margin of 7.21%.
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 Thursday, July 16th. Investors of record on Friday, August 21st will be paid a dividend of $0.05 per share on Thursday, September 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Thursday, August 20th.
View Minerals Technologies' dividend history.

What price target have analysts set for MTX?

3 brokers have issued 1-year target prices for Minerals Technologies' stock. Their forecasts range from $52.00 to $55.00. On average, they expect Minerals Technologies' stock price to reach $53.50 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for Minerals Technologies.

Has Minerals Technologies been receiving favorable news coverage?

News articles about MTX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Minerals Technologies earned a news impact score of 1.8 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about Minerals Technologies.

Are investors shorting Minerals Technologies?

Minerals Technologies saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 757,400 shares, a decrease of 5.7% from the June 30th total of 802,900 shares. Based on an average daily volume of 187,600 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.2% of the company's stock are short sold.
View Minerals Technologies' Current Options Chain.

Who are some of Minerals Technologies' key competitors?

Some companies that are related to Minerals Technologies include Sherwin-Williams (SHW), Ecolab (ECL), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), Ashland Global (ASH), NewMarket (NEU), Quaker Chemical (KWR), Balchem (BCPC), W. R. Grace & Co (GRA), Stepan (SCL), HB Fuller (FUL), Sensient Technologies (SXT) and PolyOne (POL).
View all 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 many different retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (1.13%), Chartwell Investment Partners LLC (0.79%), Foundry Partners LLC (0.52%), Skyline Asset Management LP (0.43%), Lapides Asset Management LLC (0.28%) and Assenagon Asset Management S.A. (0.11%). Company insiders that own Minerals Technologies stock include Andrew M Jones, Dj Monagle III, Douglas T Dietrich, John J Carmola, Michael Cipolla, Robert L Clark and Thomas J Meek.
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 Denali Advisors LLC, Skyline Asset Management LP, First Quadrant L P CA, Dupont Capital Management Corp, First Trust Advisors LP, Lapides Asset Management LLC, Janney Montgomery Scott LLC, and SG Americas Securities 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.

Which institutional investors are buying Minerals Technologies stock?

MTX stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp, Chartwell Investment Partners LLC, Foundry Partners LLC, Campbell & CO Investment Adviser LLC, ProShare Advisors LLC, Unison Advisors LLC, and Envestnet Asset Management Inc.. Company insiders that have bought Minerals Technologies stock in the last two years include Douglas T Dietrich, 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 $51.21.

How big of a company is Minerals Technologies?

Minerals Technologies has a market capitalization of $1.75 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 8/4/2020 by MarketBeat.com Staff

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