Seaport Res Ptn Issues Negative Forecast for MTX Earnings

Minerals Technologies Inc. (NYSE:MTX - Free Report) - Investment analysts at Seaport Res Ptn dropped their Q1 2025 EPS estimates for Minerals Technologies in a research note issued to investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings of $1.16 per share for the quarter, down from their previous estimate of $1.30. The consensus estimate for Minerals Technologies' current full-year earnings is $6.62 per share. Seaport Res Ptn also issued estimates for Minerals Technologies' Q2 2025 earnings at $1.63 EPS, Q3 2025 earnings at $1.62 EPS, Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $5.97 EPS and FY2026 earnings at $6.99 EPS.

MTX has been the topic of several other research reports. Truist Financial cut their target price on Minerals Technologies from $101.00 to $92.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. StockNews.com cut shares of Minerals Technologies from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th.

Minerals Technologies Stock Performance

Shares of NYSE MTX opened at $57.27 on Wednesday. Minerals Technologies has a 12-month low of $52.40 and a 12-month high of $90.30. The company has a market cap of $1.82 billion, a PE ratio of 11.06 and a beta of 1.25. The stock has a 50 day simple moving average of $64.01 and a 200-day simple moving average of $72.92. The company has a current ratio of 2.84, a quick ratio of 1.98 and a debt-to-equity ratio of 0.54.

Minerals Technologies (NYSE:MTX - Get Free Report) last posted its earnings results on Thursday, February 6th. The basic materials company reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.39 by $0.11. Minerals Technologies had a net margin of 7.89% and a return on equity of 11.49%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC lifted its position in Minerals Technologies by 42.7% in the fourth quarter. FMR LLC now owns 1,761,925 shares of the basic materials company's stock worth $134,276,000 after purchasing an additional 527,206 shares during the period. Geode Capital Management LLC raised its stake in shares of Minerals Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 873,123 shares of the basic materials company's stock worth $66,554,000 after buying an additional 7,780 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Minerals Technologies by 31.1% in the fourth quarter. American Century Companies Inc. now owns 861,173 shares of the basic materials company's stock valued at $65,630,000 after buying an additional 204,371 shares during the period. Snyder Capital Management L P boosted its stake in Minerals Technologies by 8.5% during the fourth quarter. Snyder Capital Management L P now owns 630,381 shares of the basic materials company's stock valued at $48,041,000 after buying an additional 49,376 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Minerals Technologies by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 555,157 shares of the basic materials company's stock worth $42,309,000 after acquiring an additional 2,647 shares during the period. 97.29% of the stock is currently owned by institutional investors.

Minerals Technologies Company Profile

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.

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