Minerals Technologies Inc. (MTX)

NYSE: MTX · IEX Real-Time Price · USD
61.27
+0.12 (0.20%)
Dec 7, 2022 12:25 PM EST - Market open
0.2%
Market Cap 1.98B
Revenue (ttm) 2.09B
Net Income (ttm) 143.60M
Shares Out 32.50M
EPS (ttm) 4.34
PE Ratio 14.12
Forward PE 10.62
Dividend $0.20 (0.33%)
Ex-Dividend Date Nov 1, 2022
Volume 14,400
Open 61.36
Previous Close 61.15
Day's Range 61.06 - 62.07
52-Week Range 49.38 - 75.65
Beta 1.31
Analysts Buy
Price Target 86.70 (+41.5%)
Earnings Date Oct 28, 2022

About MTX

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company operates through three segments: Performance Materials, Specialty Minerals and Refractories. The Performance Materials segment supplies bentonite and bentonite-related products, as well as leonardite. This segment also offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. ... [Read more]

Industry Chemicals
IPO Date Oct 23, 1992
CEO Douglas Dietrich
Employees 3,961
Stock Exchange NYSE
Ticker Symbol MTX
Full Company Profile

Financial Performance

In 2021, MTX's revenue was $1.86 billion, an increase of 16.52% compared to the previous year's $1.59 billion. Earnings were $164.40 million, an increase of 46.26%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MTX stock is "Buy." The 12-month stock price forecast is 86.7, which is an increase of 41.50% from the latest price.

Price Target
$86.7
(41.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Erik Aldag Named Chief Financial Officer, Minerals Technologies Inc.

NEW YORK, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE:MTX) (“MTI” or “the Company”) announced today that Erik Aldag, Director, Investor Relations, Financial Planning & Analysis, h...

3 weeks ago - GlobeNewsWire

Minerals Technologies (MTX) Q3 Earnings Lag Estimates

Minerals Technologies (MTX) delivered earnings and revenue surprises of -2.17% and 2.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Minerals Technologies (MTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Minerals Technologies (MTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Minerals Technologies Declares Quarterly Dividend

NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today declared a regular quarterly dividend of $0.05 per share on the Company's common stock. ...

1 month ago - GlobeNewsWire

Minerals Technologies Announces Third Quarter 2022 Conference Call

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its third quarter ended October 2, 2022, on T...

1 month ago - GlobeNewsWire

CoStar Group, Invitation Homes Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600

NEW YORK , Sept. 2, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the ope...

3 months ago - PRNewsWire

Minerals Technologies (MTX) Surpasses Q2 Earnings and Revenue Estimates

Minerals Technologies (MTX) delivered earnings and revenue surprises of 2.74% and 5.34%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Minerals Technologies Announces Second Quarter 2022 Conference Call

NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its second quarter ended July 3, 2022 on Thur...

4 months ago - GlobeNewsWire

Minerals Technologies Elects Rocky Motwani to Its Board of Directors

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that Rocky Motwani has been elected to its Board of Directors.

5 months ago - GlobeNewsWire

Should Value Investors Consider Minerals Technologies (MTX)?

Let's see if Minerals Technologies (MTX) stock is a good choice for value-oriented investors right now from multiple angles.

6 months ago - Zacks Investment Research

Minerals Technologies (MTX) Beats Q1 Earnings and Revenue Estimates

Minerals Technologies (MTX) delivered earnings and revenue surprises of 8.80% and 1.16%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Minerals Technologies (MTX) Reports Next Week: Wall Street Expects Earnings Growth

Minerals Technologies (MTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Minerals Technologies Announces First Quarter 2022 Conference Call

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) --  Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its first quarter ended April 3, 2022 on Th...

7 months ago - GlobeNewsWire

5 Moonshots for the Next Commodities Supercycle

Commodities might have seemed like an odd investment choice at one point, but they're worth keeping a close eye on. Here are a few to watch.

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8 months ago - InvestorPlace

After Plunging 10.8% in 4 Weeks, Here's Why the Trend Might Reverse for Minerals Technologies (MTX)

Minerals Technologies (MTX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in...

10 months ago - Zacks Investment Research

Minerals Technologies (MTX) Beats Q4 Earnings Estimates

Minerals Technologies (MTX) delivered earnings and revenue surprises of 3.31% and 4.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Minerals Technologies Reports Fourth Quarter 2021 Earnings of $1.23 Per Share, or $1.25 Per Share, Excluding Special ...

Company Reports Full Year 2021 Earnings of $4.86 Per Share, or $5.02 Per Share, Excluding Special Items, a Record Year for the Company Company Reports Full Year 2021 Earnings of $4.86 Per Share, or $5.0...

10 months ago - GlobeNewsWire

Are Investors Undervaluing Minerals Technologies (MTX) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

10 months ago - Zacks Investment Research

Minerals Technologies (MTX) Moves to Buy: Rationale Behind the Upgrade

Minerals Technologies (MTX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

10 months ago - Zacks Investment Research

Minerals Technologies Announces Fourth Quarter 2021 Conference Call

NEW YORK, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its fourth quarter ended December 31, 2021 on...

10 months ago - GlobeNewsWire

Minerals Technologies Announces Two New Satellite Contracts in Asia

Contract with Asia Symbol to Provide GCC for White Packaging Board Mill in China

11 months ago - GlobeNewsWire