Minerals Technologies Inc. (MTX)
NYSE: MTX · IEX Real-Time Price · USD
81.93
+0.16 (0.20%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Minerals Technologies Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MTX stock have an average target of 75.67, with a low estimate of 65 and a high estimate of 90. The average target predicts a decrease of -7.64% from the current stock price of 81.93.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 5, 2024.
Analyst Ratings
The average analyst rating for MTX stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Hold → Strong Buy Upgrades $90 | Hold → Strong Buy | Upgrades | $90 | +9.85% | Feb 5, 2024 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $65 | Hold → Strong Buy | Upgrades | $65 | -20.66% | Oct 19, 2023 |
| CL King | CL King | Hold → Strong Buy Upgrades $72 | Hold → Strong Buy | Upgrades | $72 | -12.12% | Jul 31, 2023 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $70 | Strong Buy → Hold | Downgrades | $70 | -14.56% | Feb 3, 2023 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 13, 2022 |
Financial Forecast
Revenue This Year
2.24B
from 2.17B
Increased by 3.37%
Revenue Next Year
2.35B
from 2.24B
Increased by 4.81%
EPS This Year
6.29
from 2.58
Increased by 143.89%
EPS Next Year
7.01
from 6.29
Increased by 11.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4B | 2.5B | 2.6B |
| Avg | 2.2B | 2.4B | 2.5B |
| Low | 2.1B | 2.2B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.3% | 11.1% | 9.9% |
| Avg | 3.4% | 4.8% | 5.7% |
| Low | -1.4% | -0.8% | 2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.67 | 7.61 | 8.14 |
| Avg | 6.29 | 7.01 | 7.83 |
| Low | 5.88 | 6.37 | 7.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 158.4% | 21.0% | 16.1% |
| Avg | 143.9% | 11.4% | 11.7% |
| Low | 127.9% | 1.2% | 8.4% |
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.