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MTX

MTX - Minerals Technologies Inc Stock Price, Fair Value and News

83.81USD+1.95 (+2.38%)Market Closed

Market Summary

MTX
USD83.81+1.95
Market Closed
2.38%

MTX Stock Price

View Fullscreen

MTX RSI Chart

MTX Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

28.66

Price/Sales (Trailing)

1.25

EV/EBITDA

18.29

Price/Free Cashflow

15.88

MTX Price/Sales (Trailing)

MTX Profitability

Operating Margin

42.78%

EBT Margin

5.56%

Return on Equity

5.68%

Return on Assets

2.82%

Free Cashflow Yield

6.3%

MTX Fundamentals

MTX Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

-2.12%

Rev. Growth (Qtr)

1.91%

MTX Earnings

Earnings (TTM)

94.3M

Earnings Growth (Yr)

26.22%

Earnings Growth (Qtr)

19.13%

Breaking Down MTX Revenue

Last 7 days

4.9%

Last 30 days

17.8%

Last 90 days

15.8%

Trailing 12 Months

36.6%

How does MTX drawdown profile look like?

MTX Financial Health

Current Ratio

2.49

Debt/Equity

0.54

Debt/Cashflow

0.28

MTX Investor Care

Dividend Yield

0.36%

Dividend/Share (TTM)

0.3

Buy Backs (1Y)

0.91%

Diluted EPS (TTM)

2.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.2B000
20232.2B2.1B2.2B2.2B
20221.9B2.0B2.1B2.1B
20211.6B1.7B1.8B1.9B
20201.8B1.7B1.6B1.6B
20191.8B1.8B1.8B1.8B
20181.7B1.8B1.8B1.8B
20171.6B1.6B1.6B1.7B
20161.8B1.7B1.7B1.6B
20151.9B2.0B1.9B1.8B
20141.0B1.2B1.5B1.7B
2013992.7M998.1M1.0B1.0B
20121.0B1.0B1.0B996.8M
20111.0B1.0B1.0B1.0B
2010952.6M999.8M1.0B1.0B
200901.0B975.6M907.3M
20080001.1B
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Tracking the Latest Insider Buys and Sells of Minerals Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 22, 2024
monagle dj iii
sold
-87,458
74.1177
-1,180
group president
Mar 22, 2024
monagle dj iii
acquired
76,888
65.16
1,180
group president
Feb 20, 2024
hastings jonathan j
acquired
494,719
38.285
12,922
senior vice president
Feb 20, 2024
hastings jonathan j
sold
-923,644
71.4784
-12,922
senior vice president
Jan 26, 2024
hastings jonathan j
sold (taxes)
-77,677
66.505
-1,168
senior vice president
Jan 26, 2024
argirakis brett
acquired
-
-
1,966
group president
Jan 26, 2024
cipolla michael
sold (taxes)
-50,211
66.505
-755
vice president
Jan 26, 2024
jordan timothy
sold (taxes)
-5,453
66.505
-82.00
vice president
Jan 26, 2024
dietrich douglas t
sold (taxes)
-356,666
66.505
-5,363
chairman and ceo
Jan 26, 2024
aldag erik
acquired
-
-
252
senior vice president

1–10 of 50

Which funds bought or sold MTX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.28
-189
2,449,310
-%
May 16, 2024
Tidal Investments LLC
reduced
-20.6
-51,753
268,072
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-53.76
-406,693
387,843
-%
May 16, 2024
COMERICA BANK
added
12.81
207,660
1,295,490
0.01%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
19.02
810,000
3,970,000
-%
May 15, 2024
UBS ASSET MANAGEMENT AMERICAS LLC
added
9.62
596,805
4,393,490
-%
May 15, 2024
Royal Bank of Canada
reduced
-27.95
-356,000
1,138,000
-%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-2.65
1,639
60,826
-%
May 15, 2024
EVOKE WEALTH, LLC
sold off
-100
-327,883
-
-%
May 15, 2024
Nebula Research & Development LLC
new
-
272,890
272,890
0.06%

1–10 of 50

Are Funds Buying or Selling MTX?

Are funds buying MTX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MTX
No. of Funds

Unveiling Minerals Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
macquarie group ltd
6.05%
1,969,633
SC 13G/A
Feb 13, 2024
vanguard group inc
11.41%
3,713,200
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.0%
2,267,590
SC 13G/A
Jan 30, 2024
franklin mutual advisers llc
0.0%
0
SC 13G/A
Jan 19, 2024
blackrock inc.
17.6%
5,719,520
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
0.2%
66,343
SC 13G/A
Feb 14, 2023
macquarie group ltd
5.78%
1,874,189
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.1%
2,291,347
SC 13G/A
Feb 09, 2023
vanguard group inc
11.44%
3,711,980
SC 13G/A
Jan 31, 2023
franklin mutual advisers llc
5.3%
1,704,987
SC 13G/A

Recent SEC filings of Minerals Technologies Inc

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
8-K/A
Current Report
May 16, 2024
8-K
Current Report
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading

Peers (Alternatives to Minerals Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
58.5B
12.2B
14.71% -4.63%
23.67
4.81
-7.47% 13.44%
41.7B
43.5B
4.17% 14.11%
32.86
0.96
-18.61% -57.39%
17.2B
10.7B
1.84% 46.35%
8.64
1.61
7.11% 34.19%
17.0B
6.9B
2.50% 19.86%
65.29
2.47
-6.48% -57.90%
15.4B
8.4B
14.63% -37.60%
45.68
1.84
-4.27% -90.82%
11.8B
9.1B
4.60% 20.39%
12.77
1.3
-11.38% 33.67%
MID-CAP
5.7B
3.9B
11.48% 45.92%
12.68
1.45
-8.19% 39.97%
5.1B
929.6M
8.37% 26.01%
44
5.44
-1.74% 15.81%
4.2B
3.1B
9.33% 16.67%
40.01
1.34
-6.69% -83.56%
2.9B
3.0B
-1.87% 32.89%
9.11
0.99
-20.68% -74.38%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
667.0M
1.5B
-6.82% -28.35%
293.44
0.45
-21.27% -97.94%
172.0M
336.4M
-1.31% -0.84%
9.44
0.51
-12.92% 28.47%
103.7M
16.7M
-3.68% -14.38%
-8.76
6.19
-57.58% -718.66%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Minerals Technologies Inc News

Latest updates
Defense World • 11 hours ago
Defense World • 17 May 2024 • 09:14 am
Markets Insider • 15 May 2024 • 07:35 pm
Yahoo Finance Australia • 14 May 2024 • 01:40 pm
Zacks Investment Research • 07 May 2024 • 03:31 pm
Yahoo Finance • 07 May 2024 • 07:00 am
Simply Wall St • 11 Apr 2024 • 07:00 am

Minerals Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.9%535525548552546508542557519477473456453432388357418440449464438
Gross Profit8.5%13612513312812198.0011812712210611311511211198.0089.00107108111112110
  S&GA Expenses3.9%53.0051.0051.0052.0052.0049.0046.0049.0049.0046.0046.0046.0048.0049.0042.0042.0043.0049.0047.0048.0043.00
  R&D Expenses9.8%6.005.005.006.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.00
EBITDA Margin8.4%0.08*0.08*0.11*0.13*0.14*0.14*0.15*0.17*0.18*0.18*0.18*0.18*0.17*--------
Interest Expenses-2.0%15.0015.0015.0015.0014.0013.0011.0010.0010.009.009.009.0010.0011.0010.008.009.0010.0011.0011.0011.00
Income Taxes51.1%14.009.00-3.508.0011.006.003.0011.0011.009.009.0010.009.007.007.001.0010.006.003.005.009.00
Earnings Before Taxes23.7%60.0049.00-22.6034.0048.0027.0017.0056.0056.0050.0051.0052.0049.0039.0036.0015.0049.0035.0041.0032.0049.00
EBT Margin12.1%0.06*0.05*0.04*0.06*0.07*0.07*0.09*0.11*0.11*0.11*0.11*0.10*0.08*--------
Net Income19.1%47.0039.00-19.2028.0037.0019.0013.0046.0045.0040.0041.0043.0041.0031.0028.0015.0040.0029.0038.0027.0039.00
Net Income Margin12.1%0.04*0.04*0.03*0.05*0.05*0.06*0.07*0.08*0.09*0.09*0.09*0.08*0.07*--------
Free Cashflow-45.9%39.0073.0034.0024.009.0019.0011.0012.00-18.7046.0022.0045.0033.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.2%3,3393,3473,3453,4083,4513,4023,3873,4033,4263,3743,3843,2533,2133,2093,2143,0573,0693,1133,1263,1493,163
  Current Assets0.2%1,1011,0991,0941,0801,1151,0711,0741,0681,0901,0291,0301,0861,0451,0341,048884898919920931904
    Cash Equivalents-0.5%316317268247250247224235288300310404371368379233214242213215203
  Inventory0.2%326325338355370349345340334298282262247248255270252253257258254
  Net PPE-1.0%9779879781,0511,0581,0501,0381,0531,0461,0491,0521,0341,0311,0401,0271,0241,0351,0531,0591,0691,101
  Goodwill-0.1%913914914914915915912913906908106806807809806806806807807808812
Liabilities-1.0%1,6431,6601,7221,7471,7931,7881,8521,8261,8231,7951,8391,7141,7111,7111,7401,6161,6571,6781,6921,7281,736
  Current Liabilities-3.4%442457474472513503494466455420423294289296272509382399410406391
  Short Term Borrowings-11.4%76.0085.0010910711912011911011080.001011.00---100101101103104105
  Long Term Debt-0.7%9049119189219259289459399379369359349349331,012648825824845874893
    LT Debt, Current18.9%21.0018.0014.0015.0015.0015.001.001.001.001.001.001.001.001.001.001492.002.002.002.003.00
    LT Debt, Non Current-0.7%9049119189219259289459399379369359349349331,012648825824845874893
Shareholder's Equity0.6%1,6611,6521,5891,6621,6581,6131,5361,5771,6031,5801,5461,5391,5021,4991,4741,4411,4121,4351,4341,4221,427
  Retained Earnings1.8%2,4042,3612,3242,3452,3202,2852,2662,2552,2112,1692,1302,0902,0502,0111,9821,9551,9431,9061,8781,8421,817
  Additional Paid-In Capital0.5%504501493491488488483478475474470467459453448446443442438435433
Accumulated Depreciation0.4%1,2081,2031,1691,2431,2361,2381,2131,2361,2631,2471,2411,2501,2341,2371,2021,1941,2001,2041,1831,1781,168
Shares Outstanding-0.6%32.0033.0033.0033.0033.0033.0033.0033.0033.0034.0034.0034.00---------
Minority Interest0.3%35.0035.0034.0035.0035.0034.0034.0034.0041.0040.0039.0039.0038.0038.0036.0034.0032.0032.0031.0031.0034.00
Float----1,300---1,800---2,300---1,300---1,600-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-41.3%55,90095,30059,10045,50033,70042,10030,40032,90030069,30045,10067,10050,90092,20054,30063,80030,30079,80060,20067,50030,800
Cashflow From Investing-4.4%-16,600-15,900-26,500-24,600-24,700-25,700-18,800-40,000-17,100-33,900-204,600-21,500-18,600-21,300-21,000-16,800-19,600-11,600-12,800-19,400-18,200
Cashflow From Financing23.1%-32,000-41,600-4,100-16,800-9,200-3,700-7,400-31,9008,900-32,10071,300-14,300-19,300-94,800110,200-32,400-26,000-43,200-44,100-36,800-19,200
  Dividend Payments0%3,2003,2001,6001,7001,6001,6001,6001,7001,6001,7001,7001,7001,7001,7001,7001,7001,7001,7001,8001,8001,700
  Buy Backs5.6%15,00014,200----15,30024,00016,70011,80026,00016,90020,00015,1003,000-22,60020,00011,00010,000-
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MTX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]  
Net sales$ 534.5$ 546.1
Cost of goods sold398.6425.4
Production margin135.9120.7
Marketing and administrative expenses53.052.3
Research and development expenses5.65.3
Acquisition-related expenses0.00.1
Litigation expenses2.10.0
Income from operations75.263.0
Interest expense, net(14.9)(14.2)
Other non-operating (deductions) income, net(0.2)(1.1)
Total non-operating deductions, net(15.1)(15.3)
Income before tax and equity in earnings60.147.7
Provision for taxes on income13.910.5
Equity in earnings of affiliates, net of tax1.40.9
Net income47.638.1
Less: Net income attributable to non-controlling interests0.91.1
Net income attributable to Minerals Technologies Inc.$ 46.7$ 37.0
Earnings per share:  
Basic Net income attributable to Minerals Technologies Inc. (in dollars per share)$ 1.45$ 1.14
Diluted Net income attributable to Minerals Technologies Inc. (in dollars per share)1.441.14
Cash dividends declared per common share (in dollars per share)$ 0.1$ 0.05
Shares used in computation of earnings per share:  
Basic (in shares)32.332.5
Diluted (in shares)32.432.5

MTX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
[1]
Dec. 31, 2023
[2]
Current assets:  
Cash and cash equivalents$ 315.7$ 317.2
Short-term investments4.44.3
Accounts receivable, net396.3399.1
Inventories326.0325.4
Prepaid expenses and other current assets58.953.0
Total current assets1,101.31,099.0
Property, plant and equipment2,185.32,190.1
Less accumulated depreciation and depletion(1,208.3)(1,203.3)
Property, plant and equipment, net977.0986.8
Goodwill913.1913.6
Intangible assets227.6231.0
Deferred income taxes14.816.0
Other assets and deferred charges105.3100.2
Total assets3,339.13,346.6
Current liabilities:  
Short-term debt75.785.4
Current maturities of long-term debt21.418.0
Accounts payable194.7188.7
Other current liabilities150.0165.2
Total current liabilities441.8457.3
Long-term debt, net of unamortized discount and deferred financing costs904.4911.1
Deferred income taxes142.7139.3
Accrued pension and post-retirement benefits50.451.7
Other non-current liabilities103.9100.5
Total liabilities1,643.21,659.9
Commitments and contingencies
Shareholders' equity:  
Common stock5.04.9
Additional paid-in capital503.6501.2
Retained earnings2,404.12,360.6
Accumulated other comprehensive loss(391.3)(369.4)
Less common stock held in treasury(860.3)(845.3)
Total Minerals Technologies Inc. shareholders' equity1,661.11,652.0
Non-controlling interests34.834.7
Total shareholders' equity1,695.91,686.7
Total liabilities and shareholders' equity$ 3,339.1$ 3,346.6
[1]Unaudited
[2]Condensed from audited financial statements
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. The Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper and packaging, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. The Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. It markets its products primarily through its direct sales force, as well as regional distributors. The company serves in the United States, Canada, Latin America, Europe, Africa, and Asia. The company was incorporated in 1968 and is headquartered in New York, New York.
 CEO
 WEBSITEmineralstech.com
 INDUSTRYChemicals
 EMPLOYEES4070

Minerals Technologies Inc Frequently Asked Questions


What is the ticker symbol for Minerals Technologies Inc? What does MTX stand for in stocks?

MTX is the stock ticker symbol of Minerals Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Minerals Technologies Inc (MTX)?

As of Fri May 17 2024, market cap of Minerals Technologies Inc is 2.7 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTX stock?

You can check MTX's fair value in chart for subscribers.

What is the fair value of MTX stock?

You can check MTX's fair value in chart for subscribers. The fair value of Minerals Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Minerals Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Minerals Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether MTX is over valued or under valued. Whether Minerals Technologies Inc is cheap or expensive depends on the assumptions which impact Minerals Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTX.

What is Minerals Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MTX's PE ratio (Price to Earnings) is 28.66 and Price to Sales (PS) ratio is 1.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Minerals Technologies Inc's stock?

In the past 10 years, Minerals Technologies Inc has provided 0.034 (multiply by 100 for percentage) rate of return.