Should I buy or sell Minerals Technologies stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTX shares. View MTX analyst ratings or view top-rated stocks .

What is Minerals Technologies' stock price target for 2024?

3 Wall Street research analysts have issued twelve-month target prices for Minerals Technologies' stock. Their MTX share price targets range from $65.00 to $72.00. On average, they expect the company's stock price to reach $68.50 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. View analysts price targets for MTX or view top-rated stocks among Wall Street analysts .

How have MTX shares performed in 2024?

Minerals Technologies' stock was trading at $71.31 at the start of the year. Since then, MTX stock has decreased by 0.2% and is now trading at $71.15. View the best growth stocks for 2024 here .

Are investors shorting Minerals Technologies?

Minerals Technologies saw a decrease in short interest in March. As of March 31st, there was short interest totaling 259,600 shares, a decrease of 28.0% from the March 15th total of 360,700 shares. Based on an average daily volume of 153,300 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the shares of the company are sold short. View Minerals Technologies' Short Interest .

When is Minerals Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our MTX earnings forecast .

How can I listen to Minerals Technologies' earnings call?

Minerals Technologies will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Minerals Technologies' earnings last quarter?

Minerals Technologies Inc. (NYSE:MTX) posted its quarterly earnings results on Friday, February, 2nd. The basic materials company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.03. The basic materials company earned $524.50 million during the quarter, compared to analyst estimates of $506.67 million. Minerals Technologies had a trailing twelve-month return on equity of 10.26% and a net margin of 3.88%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

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

Minerals Technologies announced a quarterly dividend on Wednesday, January 24th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.10 per share on Thursday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Wednesday, February 14th. Read our dividend analysis for MTX .

Is Minerals Technologies a good dividend stock?

Minerals Technologies (NYSE:MTX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.56%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 5.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTX .

What ETFs hold Minerals Technologies' stock?

ETFs with the largest weight of Minerals Technologies (NYSE:MTX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM) , Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) , QRAFT AI-Enhanced U.S. Next Value ETF (NVQ) and FMC Excelsior Focus Equity ETF (FMCX) . SPDR S&P 600 Small Cap ETF (SLY) .

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

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

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) .

How do I buy shares of Minerals Technologies?

Shares of MTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MTX

Minerals Technologies (MTX) Stock Price, News & Analysis

→ This company has increased its dividend every year for 54 years (From DTI) (Ad)

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$71.15

+0.03 (+0.04%)

(As of 04/17/2024 ET)

Compare

Today's Range: $70.80
▼
$72.13
50-Day Range: $69.39
▼
$76.70
52-Week Range: $48.61
▼
$76.80

Volume: 125,788 shs
Average Volume: 124,275 shs
Market Capitalization: $2.30 billion

P/E Ratio: 27.47
Dividend Yield: 0.56%
Price Target: $68.50

Get Minerals Technologies alerts:

Minerals Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3.7% Downside
$68.50 Price Target
Short Interest: Healthy
0.82% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.31
Based on 3 Articles This Week
Insider Trading: Selling Shares
$1.01 M Sold Last Quarter
Proj. Earnings Growth: 14.58%
From $5.90 to $6.76 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

Basic Materials Sector

87th out of 170 stocks

Industrial Inorganic Chemicals Industry

5th out of 9 stocks

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.
Amount of Analyst Coverage
Minerals Technologies has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.82% of the float of Minerals Technologies has been sold short.
Short Interest Ratio / Days to Cover
Minerals Technologies has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Minerals Technologies has recently decreased by 28.03%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Minerals Technologies has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Minerals Technologies has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Minerals Technologies is 15.44%. 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 5.92% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MTX.

1.3

News and Social Media Coverage

News Sentiment
Minerals Technologies has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Minerals Technologies this week, compared to 3 articles on an average week.

2.5

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 $1,011,126.00 in company stock.
Percentage Held by Insiders
Only 3.50% of the stock of Minerals Technologies is held by insiders.
Percentage Held by Institutions
97.29% of the stock of Minerals Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Minerals Technologies are expected to grow by 14.58% in the coming year, from $5.90 to $6.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Minerals Technologies is 27.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Minerals Technologies is 27.47, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 130.49.
Price to Book Value per Share Ratio
Minerals Technologies has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Minerals Technologies Stock (NYSE:MTX)

Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications. This segment produces limestone and dolomitic limestone used in construction, automotive, and consumer markets for packaging applications. The Engineered Solutions segment provides high-temperature technology products consisting of custom-blended mineral and non-mineral products for casting auto parts, farm and construction equipment, oil and gas production equipment, power generation turbine castings, and rail car components; and environmental and infrastructure products comprising geosynthetic clay lining systems, vapor intrusion mitigation products, sub surface waterproofing systems, green roofs, wastewater remediation, drinking water purification technologies, and drilling products. In addition, this segment provides chromite products; gunnable monolithic refractory products and application systems; monolithic refractory materials and pre-cast refractory shapes; refractory shapes and linings; carbon composite and pyrolitic graphite; and filtration and well testing services. It markets its products primarily through its direct sales force, as well as regional distributors. The company serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.

MTX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MTX Stock News Headlines

March 27, 2024 | insidertrades.com

Minerals Technologies Inc. (NYSE:MTX) Insider Sells $87,461.60 in Stock

April 18, 2024 | americanbankingnews.com

Minerals Technologies (MTX) Set to Announce Quarterly Earnings on Thursday

April 18, 2024 | DTI (Ad)

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April 16, 2024 | finance.yahoo.com

Minerals Technologies Inc. (MTX)

March 29, 2024 | finance.yahoo.com

Returns On Capital At Minerals Technologies (NYSE:MTX) Have Hit The Brakes

March 29, 2024 | globenewswire.com

Minerals Technologies Announces First Quarter 2024 Conference Call

March 28, 2024 | uk.investing.com

Kristina Johnson joins Minerals Technologies board

March 26, 2024 | globenewswire.com

Minerals Technologies Announces Election of Kristina M. Johnson to Board of Directors

April 18, 2024 | DTI (Ad)

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March 13, 2024 | insidermonkey.com

Top 5 Mineral Importing Countries in the World

March 7, 2024 | globenewswire.com

Minerals Technologies to Present at JP Morgan Industrials Conference

February 23, 2024 | benzinga.com

Minerals Technologies Stock (NYSE:MTX), Analyst Ratings, Price Targets, Predictions

February 19, 2024 | chron.com

Extracting critical minerals from produced water advancing in oil industry

February 13, 2024 | finance.yahoo.com

MTX Feb 2024 65.000 call

February 8, 2024 | seekingalpha.com

Minerals Technologies: Strong Financials Performance With An Attractive Valuation

February 5, 2024 | msn.com

Minerals Technologies on the rise as Seaport upgrades to Buy

February 3, 2024 | finance.yahoo.com

Minerals Technologies Inc. (NYSE:MTX) Q4 2023 Earnings Call Transcript

February 3, 2024 | finance.yahoo.com

Q4 2023 Minerals Technologies Inc Earnings Call

February 2, 2024 | msn.com

Minerals Technologies GAAP EPS of $1.22 misses by $0.03, revenue of $525M beats by $18.33M

February 1, 2024 | finance.yahoo.com

Minerals Technologies Reports Record Earnings for Q4 and Full Year 2023

January 26, 2024 | benzinga.com

Breaking Update: Douglas T Dietrich Engages In Options Exercise At Minerals Technologies

January 26, 2024 | benzinga.com

Insider Decision Unfolding At Minerals Technologies: Michael Cipolla Exercises Options

January 24, 2024 | finance.yahoo.com

Minerals Technologies Declares Quarterly Dividend

January 17, 2024 | finance.yahoo.com

H. B. Fuller (FUL) Tops Q4 Earnings Estimates

January 15, 2024 | finance.yahoo.com

Minerals Technologies Announces Fourth Quarter 2023 Conference Call

January 15, 2024 | finance.yahoo.com

At US$66.97, Is It Time To Put Minerals Technologies Inc. (NYSE:MTX) On Your Watch List?

December 29, 2023 | realmoney.thestreet.com

Minerals Technologies price target raised by $19 at Sidoti, here's why

See More Headlines

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Company Calendar

Last Earnings: 2/02/2024
Ex-Dividend for 3/7 Dividend: 2/14/2024
Dividend Payable: 3/07/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Industrial inorganic chemicals
Sub-Industry: Specialty Chemicals
Current Symbol: NYSE:MTX
CUSIP: 60315810
CIK: 891014
Web: www.mineralstech.com
Phone: (212) 878-1800
Fax: 212-878-1802
Employees: 4,027
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $68.50
High Stock Price Target: $72.00
Low Stock Price Target: $65.00
Potential Upside/Downside: -3.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.59
Trailing P/E Ratio: 27.47
Forward P/E Ratio: 12.06
P/E Growth: N/A
Net Income: $84.10 million
Net Margins: 3.88%
Pretax Margin: 4.96%
Return on Equity: 10.26%
Return on Assets: 5.02%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 2.40
Quick Ratio: 1.69

Sales & Book Value

Annual Sales: $2.17 billion
Price / Sales: 1.06
Cash Flow: $8.06 per share
Price / Cash Flow: 8.83
Book Value: $51.83 per share
Price / Book: 1.37

Miscellaneous

Outstanding Shares: 32,300,000
Free Float: 31,170,000
Market Cap: $2.30 billion
Optionable: Optionable
Beta: 1.33

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Key Executives

Mr. Douglas T. Dietrich (Age 55)
Chairman & CEO
Comp: $3.88M
Mr. Erik C. Aldag (Age 39)
Senior VP of Finance & Treasury and CFO
Comp: $3.63M
Mr. D. J. Monagle III (Age 61)
Group President of Consumer & Specialties
Comp: $1.56M
Mr. Jonathan J. Hastings (Age 61)
Senior Vice President of Strategy and M&A
Comp: $1.41M
Mr. Michael A. Cipolla (Age 66)
VP, Corporate Controller & Chief Accounting Officer
Mr. Timothy J. Jordan (Age 49)
VP, General Counsel, Secretary & Chief Compliance Officer
Ms. Erin N. Cutler (Age 36)
Vice President of Human Resources
Mr. Brett Argirakis (Age 59)
Group President of Engineered Solutions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Minerals Technologies stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Minerals Technologies in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTX shares.
View MTX analyst ratings or view top-rated stocks.
What is Minerals Technologies' stock price target for 2024?: 3 Wall Street research analysts have issued twelve-month target prices for Minerals Technologies' stock. Their MTX share price targets range from $65.00 to $72.00. On average, they expect the company's stock price to reach $68.50 in the next twelve months. This suggests that the stock has a possible downside of 3.7%.
View analysts price targets for MTX or view top-rated stocks among Wall Street analysts.
How have MTX shares performed in 2024?: Minerals Technologies' stock was trading at $71.31 at the start of the year. Since then, MTX stock has decreased by 0.2% and is now trading at $71.15.
View the best growth stocks for 2024 here.
Are investors shorting Minerals Technologies?: Minerals Technologies saw a decrease in short interest in March. As of March 31st, there was short interest totaling 259,600 shares, a decrease of 28.0% from the March 15th total of 360,700 shares. Based on an average daily volume of 153,300 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the shares of the company are sold short.
View Minerals Technologies' Short Interest.
When is Minerals Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our MTX earnings forecast.
How can I listen to Minerals Technologies' earnings call?: Minerals Technologies will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Minerals Technologies' earnings last quarter?: Minerals Technologies Inc. (NYSE:MTX) posted its quarterly earnings results on Friday, February, 2nd. The basic materials company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.03. The basic materials company earned $524.50 million during the quarter, compared to analyst estimates of $506.67 million. Minerals Technologies had a trailing twelve-month return on equity of 10.26% and a net margin of 3.88%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

How often does Minerals Technologies pay dividends? What is the dividend yield for Minerals Technologies?: Minerals Technologies announced a quarterly dividend on Wednesday, January 24th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.10 per share on Thursday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for MTX.
Is Minerals Technologies a good dividend stock?: Minerals Technologies (NYSE:MTX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.56%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTX will have a dividend payout ratio of 5.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTX.
What ETFs hold Minerals Technologies' stock?: ETFs with the largest weight of Minerals Technologies (NYSE:MTX) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), QRAFT AI-Enhanced U.S. Next Value ETF (NVQ) and FMC Excelsior Focus Equity ETF (FMCX).SPDR S&P 600 Small Cap ETF (SLY).
What is Douglas T. Dietrich's approval rating as Minerals Technologies' CEO?: 4 employees have rated Minerals Technologies Chief Executive Officer Douglas T. Dietrich on Glassdoor.com. Douglas T. Dietrich has an approval rating of 29% among the company's employees. This puts Douglas T. Dietrich in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
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).
How do I buy shares of Minerals Technologies?: Shares of MTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MTX) was last updated on 4/18/2024 by MarketBeat.com Staff

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