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Minerals Technologies (MTX) Stock Price, News & Analysis

Minerals Technologies logo
$75.62 -0.29 (-0.38%)
(As of 12/20/2024 05:31 PM ET)

About Minerals Technologies Stock (NYSE:MTX)

Key Stats

Today's Range
$74.51
$76.71
50-Day Range
$75.29
$84.65
52-Week Range
$64.79
$90.29
Volume
806,168 shs
Average Volume
161,126 shs
Market Capitalization
$2.41 billion
P/E Ratio
16.02
Dividend Yield
0.58%
Price Target
N/A
Consensus Rating
Buy

Company Overview

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.

Minerals Technologies Stock Analysis - MarketRank™

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58th Percentile Overall Score

MTX MarketRank™: 

Minerals Technologies scored higher than 58% of companies evaluated by MarketBeat, and ranked 117th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Minerals Technologies are expected to grow by 12.89% in the coming year, from $6.05 to $6.83 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Minerals Technologies is 16.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Minerals Technologies is 16.02, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.28.

  • Price to Book Value per Share Ratio

    Minerals Technologies has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.39% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Minerals Technologies has recently increased by 2.48%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Minerals Technologies has a dividend yield of 0.58%, 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 9.32%. 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 6.44% next year. This indicates that Minerals Technologies will be able to sustain or increase its dividend.

  • Read more about Minerals Technologies' dividend.
  • Percentage of Shares Shorted

    1.39% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Minerals Technologies has recently increased by 2.48%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Minerals Technologies has a news sentiment score of 1.60. 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 is a higher news sentiment than the 0.51 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Minerals Technologies this week, compared to 4 articles on an average week.
  • 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 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.

  • Read more about Minerals Technologies' insider trading history.
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MTX Stock News Headlines

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MTX Stock Analysis - Frequently Asked Questions

Minerals Technologies' stock was trading at $71.31 at the beginning of the year. Since then, MTX stock has increased by 6.0% and is now trading at $75.62.
View the best growth stocks for 2024 here
.

Minerals Technologies Inc. (NYSE:MTX) announced its earnings results on Thursday, July, 25th. The basic materials company reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.60 by $0.05. The business's quarterly revenue was down 1.9% compared to the same quarter last year.

Top institutional investors of Minerals Technologies include State Street Corp (3.98%), FMR LLC (3.87%), Victory Capital Management Inc. (3.21%) and Geode Capital Management LLC (2.71%). Insiders that own company stock include Douglas T Dietrich, Thomas J Meek, Dj Monagle III, Jonathan J Hastings, Michael Cipolla, Brett Argirakis, Erin Cutler and Rocky Motwani.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Minerals Technologies investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and Humana (HUM).

Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 12/5 Dividend
10/31/2024
Dividend Payable
12/05/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial inorganic chemicals
Sub-Industry
Specialty Chemicals
CUSIP
60315810
Employees
4,070
Year Founded
N/A

Profitability

Net Income
$84.10 million
Pretax Margin
9.54%

Debt

Sales & Book Value

Annual Sales
$2.12 billion
Cash Flow
$7.78 per share
Book Value
$51.83 per share

Miscellaneous

Free Float
30,773,000
Market Cap
$2.41 billion
Optionable
Optionable
Beta
1.30

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This page (NYSE:MTX) was last updated on 12/21/2024 by MarketBeat.com Staff
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