Minerals Technologies Inc. (MTX)
NYSE: MTX · IEX Real-Time Price · USD
71.61
+0.60 (0.84%)
Apr 19, 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 an increase of 5.67% from the current stock price of 71.61.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 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 | 2 | 2 | 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 | +25.68% | Feb 5, 2024 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $65 | Hold → Strong Buy | Upgrades | $65 | -9.23% | Oct 19, 2023 |
| CL King | CL King | Hold → Strong Buy Upgrades $72 | Hold → Strong Buy | Upgrades | $72 | +0.54% | Jul 31, 2023 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $70 | Strong Buy → Hold | Downgrades | $70 | -2.25% | 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
2.29B
from 2.17B
Increased by 5.40%
Revenue Next Year
2.39B
from 2.29B
Increased by 4.68%
EPS This Year
5.93
from 2.58
Increased by 129.89%
EPS Next Year
6.82
from 5.93
Increased by 14.94%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.4B | 2.6B |
| Avg | 2.3B | 2.4B |
| Low | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.0% | 11.7% |
| Avg | 5.4% | 4.7% |
| Low | 0.5% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.39 | 7.60 |
| Avg | 5.93 | 6.82 |
| Low | 5.49 | 6.13 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 147.8% | 28.2% |
| Avg | 129.9% | 14.9% |
| Low | 112.7% | 3.3% |
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.