Minerals Technologies Inc. (MTX)
NYSE: MTX · Real-Time Price · USD
83.39
+0.96 (1.16%)
Nov 22, 2024, 4:00 PM EST - Market closed

Minerals Technologies Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MTX stock has a target of 97, which predicts an increase of 16.32% from the current stock price of 83.39.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $97 $97 $97 $97
Change +16.32% +16.32% +16.32% +16.32%

Analyst Ratings

According to 1 stock analyst, the rating for MTX is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333311
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 333311

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Seaport Global
Seaport Global
Strong Buy
Maintains
$100$97
Strong Buy Maintains $100$97 +16.32% Oct 28, 2024
Seaport Global
Seaport Global
Strong Buy
Upgrades
$90
Strong Buy Upgrades $90 +7.93% Feb 5, 2024
Sidoti & Co.
Sidoti & Co.
Strong Buy
Upgrades
$65
Strong Buy Upgrades $65 -22.05% Oct 19, 2023
CL King
CL King
Strong Buy
Upgrades
$72
Strong Buy Upgrades $72 -13.66% Jul 31, 2023
Sidoti & Co.
Sidoti & Co.
Hold
Downgrades
$70
Hold Downgrades $70 -16.06% Feb 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.15B
from 2.17B
Decreased by -1.10%
Revenue Next Year
2.26B
from 2.15B
Increased by 5.22%
EPS This Year
6.11
from 2.58
Increased by 136.84%
EPS Next Year
6.88
from 6.11
Increased by 12.56%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.79B1.59B1.86B2.13B2.17B2.15B2.26B2.38B
Revenue Growth
-0.92%-10.95%16.52%14.38%2.09%-1.10%5.22%5.49%
EPS
3.783.294.863.732.586.116.887.94
EPS Growth
-20.42%-13.05%47.88%-23.25%-30.83%136.84%12.56%15.42%
Forward PE
-----13.6512.1210.50
No. Analysts -----553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.2B 2.4B 2.5B
Avg 2.1B 2.3B 2.4B
Low 2.1B 2.2B 2.3B

Revenue Growth

Revenue Growth 202420252026
High
2.9%
10.5%
11.2%
Avg
-1.1%
5.2%
5.5%
Low
-4.2%
1.3%
0.9%

EPS Forecast

EPS 202420252026
High 6.36 7.34 8.33
Avg 6.11 6.88 7.94
Low 5.92 6.47 7.63

EPS Growth

EPS Growth 202420252026
High
146.6%
20.1%
21.1%
Avg
136.8%
12.6%
15.4%
Low
129.4%
5.9%
11.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.