MTX RSI Chart
Last 7 days
1.3%
Last 30 days
-2.7%
Last 90 days
9.0%
Trailing 12 Months
27.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.2B | 2.1B | 2.2B | 2.2B |
2022 | 1.9B | 2.0B | 2.1B | 2.1B |
2021 | 1.6B | 1.7B | 1.8B | 1.9B |
2020 | 1.8B | 1.7B | 1.6B | 1.6B |
2019 | 1.8B | 1.8B | 1.8B | 1.8B |
2018 | 1.7B | 1.8B | 1.8B | 1.8B |
2017 | 1.6B | 1.6B | 1.6B | 1.7B |
2016 | 1.8B | 1.7B | 1.7B | 1.6B |
2015 | 1.9B | 2.0B | 1.9B | 1.8B |
2014 | 1.0B | 1.2B | 1.5B | 1.7B |
2013 | 992.7M | 998.1M | 1.0B | 1.0B |
2012 | 1.0B | 1.0B | 1.0B | 996.8M |
2011 | 1.0B | 1.0B | 1.0B | 1.0B |
2010 | 952.6M | 999.8M | 1.0B | 1.0B |
2009 | 0 | 1.0B | 975.6M | 907.3M |
2008 | 0 | 0 | 0 | 1.1B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold MTX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 24, 2024 | Cambridge Investment Research Advisors, Inc. | new | - | 477,000 | 477,000 | -% |
Apr 24, 2024 | Assenagon Asset Management S.A. | added | 52.55 | 5,581,360 | 14,725,400 | 0.04% |
Apr 24, 2024 | Robeco Institutional Asset Management B.V. | new | - | 427,365 | 427,365 | -% |
Apr 23, 2024 | Louisiana State Employees Retirement System | reduced | -1.23 | 49,655 | 1,212,010 | 0.02% |
Apr 23, 2024 | WEDGE CAPITAL MANAGEMENT L L P/NC | added | 36.29 | 284,960 | 934,451 | 0.01% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -15.16 | -91,000 | 776,000 | 0.01% |
Apr 23, 2024 | Global Retirement Partners, LLC | added | 14.29 | 414 | 1,807 | -% |
Apr 23, 2024 | FIFTH THIRD BANCORP | added | 10.34 | 682 | 4,818 | -% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | added | 115 | 273,044 | 486,760 | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 287,259 | 1,237,730 | 0.01% |
Unveiling Minerals Technologies Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Minerals Technologies Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APD | 52.3B | 12.4B | 22.38 | 4.21 | ||||
DOW | 39.8B | 44.6B | 60.33 | 0.89 | ||||
AVTR | 17.0B | 7.0B | 53.08 | 2.45 | ||||
CE | 16.8B | 10.9B | 8.55 | 1.53 | ||||
ALB | 13.5B | 9.6B | 8.58 | 1.4 | ||||
EMN | 11.3B | 9.2B | 12.61 | 1.22 | ||||
MID-CAP | ||||||||
CBT | 5.2B | 3.9B | 11.6 | 1.31 | ||||
BCPC | 4.5B | 922.4M | 41.12 | 4.84 | ||||
AVNT | 3.9B | 3.1B | 51.34 | 1.24 | ||||
ARCH | 3.0B | 3.1B | 6.58 | 0.97 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 690.7M | 1.5B | 12.65 | 0.45 | ||||
CMT | 169.5M | 357.7M | 8.34 | 0.47 | ||||
AREC | 105.7M | 16.7M | 9.54 | 6.31 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Minerals Technologies Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -4.3% | 525 | 548 | 552 | 546 | 508 | 542 | 557 | 519 | 477 | 473 | 456 | 453 | 432 | 388 | 357 | 418 | 440 | 449 | 464 | 438 | 448 |
Gross Profit | -5.9% | 125 | 133 | 128 | 121 | 98.00 | 118 | 127 | 122 | 106 | 113 | 115 | 112 | 111 | 98.00 | 89.00 | 107 | 108 | 111 | 112 | 110 | 113 |
S&GA Expenses | 0.2% | 51.00 | 51.00 | 52.00 | 52.00 | 49.00 | 46.00 | 49.00 | 49.00 | 46.00 | 46.00 | 46.00 | 48.00 | 49.00 | 42.00 | 42.00 | 43.00 | 49.00 | 47.00 | 48.00 | 43.00 | 44.00 |
R&D Expenses | -1.9% | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
EBITDA Margin | 15.7% | 0.08* | 0.07* | 0.13* | 0.14* | 0.14* | 0.15* | 0.17* | 0.18* | 0.18* | 0.18* | 0.18* | 0.17* | 0.17* | - | - | - | - | - | - | - | - |
Interest Expenses | -0.7% | 15.00 | 15.00 | 15.00 | 14.00 | 13.00 | 11.00 | 10.00 | 10.00 | 9.00 | 9.00 | 9.00 | 10.00 | 11.00 | 10.00 | 8.00 | 9.00 | 10.00 | 11.00 | 11.00 | 11.00 | 12.00 |
Income Taxes | 362.9% | 9.00 | -3.50 | 8.00 | 11.00 | 6.00 | 3.00 | 11.00 | 11.00 | 9.00 | 9.00 | 10.00 | 9.00 | 7.00 | 7.00 | 1.00 | 10.00 | 6.00 | 3.00 | 5.00 | 9.00 | 5.00 |
Earnings Before Taxes | 315.0% | 49.00 | -22.60 | 34.00 | 48.00 | 27.00 | 17.00 | 56.00 | 56.00 | 50.00 | 51.00 | 52.00 | 49.00 | 39.00 | 36.00 | 15.00 | 49.00 | 35.00 | 41.00 | 32.00 | 49.00 | 49.00 |
EBT Margin | 23.7% | 0.05* | 0.04* | 0.06* | 0.07* | 0.07* | 0.09* | 0.11* | 0.11* | 0.11* | 0.11* | 0.10* | 0.08* | 0.09* | - | - | - | - | - | - | - | - |
Net Income | 301.3% | 39.00 | -19.20 | 28.00 | 38.00 | 19.00 | 13.00 | 46.00 | 45.00 | 40.00 | 41.00 | 43.00 | 41.00 | 31.00 | 28.00 | 15.00 | 40.00 | 29.00 | 38.00 | 27.00 | 39.00 | 43.00 |
Net Income Margin | 28.8% | 0.04* | 0.03* | 0.05* | 0.05* | 0.06* | 0.07* | 0.08* | 0.09* | 0.09* | 0.09* | 0.08* | 0.07* | 0.07* | - | - | - | - | - | - | - | - |
Free Cashflow | 114.1% | 73.00 | 34.00 | 24.00 | 9.00 | 19.00 | 11.00 | 12.00 | -18.70 | 46.00 | 22.00 | 45.00 | 33.00 | 71.00 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.1% | 3,347 | 3,345 | 3,408 | 3,451 | 3,402 | 3,387 | 3,403 | 3,426 | 3,374 | 3,384 | 3,253 | 3,213 | 3,209 | 3,214 | 3,057 | 3,069 | 3,113 | 3,126 | 3,149 | 3,163 | 3,087 |
Current Assets | 0.4% | 1,099 | 1,094 | 1,080 | 1,115 | 1,071 | 1,074 | 1,068 | 1,090 | 1,029 | 1,030 | 1,086 | 1,045 | 1,034 | 1,048 | 884 | 898 | 919 | 920 | 931 | 904 | 876 |
Cash Equivalents | 18.2% | 317 | 268 | 247 | 250 | 247 | 224 | 235 | 288 | 300 | 310 | 404 | 371 | 368 | 379 | 233 | 214 | 242 | 213 | 215 | 203 | 209 |
Inventory | -3.6% | 325 | 338 | 355 | 370 | 349 | 345 | 340 | 334 | 298 | 282 | 262 | 247 | 248 | 255 | 270 | 252 | 253 | 257 | 258 | 254 | 239 |
Net PPE | 0.9% | 987 | 978 | 1,051 | 1,058 | 1,050 | 1,038 | 1,053 | 1,046 | 1,049 | 1,052 | 1,034 | 1,031 | 1,040 | 1,027 | 1,024 | 1,035 | 1,053 | 1,059 | 1,069 | 1,101 | 1,103 |
Goodwill | 0% | 914 | 914 | 914 | 915 | 915 | 912 | 913 | 906 | 908 | 106 | 806 | 807 | 809 | 806 | 806 | 806 | 807 | 807 | 808 | 812 | 812 |
Liabilities | -3.6% | 1,660 | 1,722 | 1,747 | 1,793 | 1,788 | 1,852 | 1,826 | 1,823 | 1,795 | 1,839 | 1,714 | 1,711 | 1,711 | 1,740 | 1,616 | 1,657 | 1,678 | 1,692 | 1,728 | 1,736 | 1,702 |
Current Liabilities | -3.4% | 457 | 474 | 472 | 513 | 503 | 494 | 466 | 455 | 420 | 423 | 294 | 289 | 296 | 272 | 509 | 382 | 399 | 410 | 406 | 391 | 382 |
Short Term Borrowings | -21.8% | 85.00 | 109 | 107 | 119 | 120 | 119 | 110 | 110 | 80.00 | 101 | 1.00 | - | - | - | 100 | 101 | 101 | 103 | 104 | 105 | 105 |
Long Term Debt | -0.8% | 911 | 918 | 921 | 925 | 928 | 945 | 939 | 937 | 936 | 935 | 934 | 934 | 933 | 1,012 | 648 | 825 | 824 | 845 | 874 | 893 | 908 |
LT Debt, Current | 25.0% | 18.00 | 14.00 | 15.00 | 15.00 | 15.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 149 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 |
LT Debt, Non Current | -0.8% | 911 | 918 | 921 | 925 | 928 | 945 | 939 | 937 | 936 | 935 | 934 | 934 | 933 | 1,012 | 648 | 825 | 824 | 845 | 874 | 893 | 908 |
Shareholder's Equity | 4.0% | 1,652 | 1,589 | 1,662 | 1,658 | 1,580 | 1,536 | 1,577 | 1,603 | 1,580 | 1,546 | 1,539 | 1,502 | 1,499 | 1,474 | 1,441 | 1,412 | 1,435 | 1,434 | 1,422 | 1,427 | 1,385 |
Retained Earnings | 1.6% | 2,361 | 2,324 | 2,345 | 2,320 | 2,285 | 2,266 | 2,255 | 2,211 | 2,169 | 2,130 | 2,090 | 2,050 | 2,011 | 1,982 | 1,955 | 1,943 | 1,906 | 1,878 | 1,842 | 1,817 | 1,769 |
Additional Paid-In Capital | 1.6% | 501 | 493 | 491 | 488 | 488 | 483 | 478 | 475 | 474 | 470 | 467 | 459 | 453 | 448 | 446 | 443 | 442 | 438 | 435 | 433 | 432 |
Accumulated Depreciation | -100.0% | - | 1,169 | 1,243 | 1,236 | 1,238 | 1,213 | 1,236 | 1,263 | 1,247 | 1,241 | 1,250 | 1,234 | 1,237 | 1,202 | 1,194 | 1,200 | 1,204 | 1,183 | 1,178 | 1,168 | 1,153 |
Shares Outstanding | 0% | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 34.00 | 34.00 | 34.00 | 34.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 3.6% | 35.00 | 34.00 | 35.00 | 35.00 | 34.00 | 34.00 | 34.00 | 41.00 | 40.00 | 39.00 | 39.00 | 38.00 | 38.00 | 36.00 | 34.00 | 32.00 | 32.00 | 31.00 | 31.00 | 34.00 | 32.00 |
Float | - | - | - | 1,300 | - | - | - | 1,800 | - | - | - | 2,300 | - | - | - | 1,300 | - | - | - | 1,600 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 61.3% | 95,300 | 59,100 | 45,500 | 33,700 | 42,100 | 30,400 | 32,900 | 300 | 69,300 | 45,100 | 67,100 | 50,900 | 92,200 | 54,300 | 63,800 | 30,300 | 79,800 | 60,200 | 67,500 | 30,800 | 70,200 |
Cashflow From Investing | 40.0% | -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 | -19,100 |
Cashflow From Financing | -914.6% | -41,600 | -4,100 | -16,800 | -9,200 | -3,700 | -7,400 | -31,900 | 8,900 | -32,100 | 71,300 | -14,300 | -19,300 | -94,800 | 110,200 | -32,400 | -26,000 | -43,200 | -44,100 | -36,800 | -19,200 | -48,500 |
Dividend Payments | 100.0% | 3,200 | 1,600 | 1,700 | 1,600 | 1,600 | 1,600 | 1,700 | 1,600 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,800 | 1,800 | 1,700 | 1,800 |
Buy Backs | - | 14,200 | - | - | - | - | 15,300 | 24,000 | 16,700 | 11,800 | 26,000 | 16,900 | 20,000 | 15,100 | 3,000 | - | 22,600 | 20,000 | 11,000 | 10,000 | - | 5,300 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
CONSOLIDATED STATEMENTS OF INCOME (LOSS) [Abstract] | |||
Net sales | $ 2,169.9 | $ 2,125.5 | $ 1,858.3 |
Cost of goods sold | 1,662.8 | 1,660.5 | 1,411.8 |
Production margin | 507.1 | 465.0 | 446.5 |
Marketing and administrative expenses | 206.0 | 192.1 | 186.2 |
Research and development expenses | 21.2 | 20.4 | 19.5 |
Impairment of assets | 71.7 | 0.0 | 0.0 |
Acquisition-related expenses | 0.3 | 5.1 | 4.0 |
Litigation expenses, net | 29.2 | 32.6 | 0.0 |
Restructuring and other items, net | 6.9 | 0.0 | 1.1 |
Income from operations | 171.8 | 214.8 | 235.7 |
Interest expense, net | (59.2) | (43.9) | (37.2) |
Debt extinguishment expenses | 0.0 | (6.9) | 0.0 |
Non-cash pension settlement charge | 0.0 | (3.5) | (1.8) |
Other non-operating deductions, net | (4.9) | (3.8) | 5.6 |
Total non-operating deductions, net | (64.1) | (58.1) | (33.4) |
Income before tax and equity in earnings | 107.7 | 156.7 | 202.3 |
Provision for taxes on income | 23.7 | 32.1 | 36.6 |
Equity in earnings of affiliates, net of tax | 4.3 | 1.7 | 2.8 |
Net income | 88.3 | 126.3 | 168.5 |
Less: Net income attributable to non-controlling interests | 4.2 | 4.1 | 4.1 |
Net income attributable to Minerals Technologies Inc. (MTI) | $ 84.1 | $ 122.2 | $ 164.4 |
Earnings per share: | |||
Basic income from operations attributable to MTI (in dollars per share) | $ 2.59 | $ 3.74 | $ 4.89 |
Diluted income from operations attributable to MTI (in dollars per share) | 2.58 | 3.73 | 4.86 |
Cash dividends declared per common share (in dollars per share) | $ 0.25 | $ 0.2 | $ 0.2 |
Shares used in computation of earnings per share: | |||
Basic (in shares) | 32.5 | 32.7 | 33.6 |
Diluted (in shares) | 32.6 | 32.8 | 33.8 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 317.2 | $ 247.2 |
Short-term investments, at cost which approximates market | 4.3 | 5.6 |
Accounts receivable | 399.1 | 404.0 |
Inventories | 325.4 | 348.8 |
Prepaid expenses | 45.0 | 43.3 |
Other current assets | 8.0 | 21.6 |
Total current assets | 1,099.0 | 1,070.5 |
Property, plant and equipment, less accumulated depreciation and depletion | 986.8 | 1,050.4 |
Goodwill | 913.6 | 914.8 |
Intangible assets | 231.0 | 241.9 |
Deferred income taxes | 16.0 | 24.4 |
Other assets and deferred charges | 100.2 | 99.6 |
Total assets | 3,346.6 | 3,401.6 |
Current liabilities: | ||
Short-term debt | 85.4 | 119.7 |
Current maturities of long-term debt | 18.0 | 14.5 |
Accounts payable | 188.7 | 193.8 |
Income tax payable | 14.0 | 9.5 |
Accrued compensation and related items | 59.2 | 55.3 |
Other current liabilities | 92.0 | 109.8 |
Total current liabilities | 457.3 | 502.6 |
Long-term debt, net of unamortized discount and deferred financing costs | 911.1 | 928.1 |
Deferred income taxes | 139.3 | 180.4 |
Accrued pension and postretirement benefits | 51.7 | 63.5 |
Other non-current liabilities | 100.5 | 113.8 |
Total liabilities | 1,659.9 | 1,788.4 |
Shareholders' equity: | ||
Preferred stock, without par value; 1,000,000 shares authorized; none issued | 0.0 | 0.0 |
Common stock, par value at $0.10 per share; 100,000,000 shares authorized; Issued 49,657,464 shares in 2023 and 49,528,306 shares in 2022 | 4.9 | 4.9 |
Additional paid-in capital | 501.2 | 487.6 |
Retained earnings | 2,360.6 | 2,284.6 |
Accumulated other comprehensive loss | (369.4) | (366.5) |
Less common stock held in treasury, at cost; 17,252,743 shares in 2023 and 17,033,040 shares in 2022 | (845.3) | (831.1) |
Total Minerals Technologies Inc. shareholders' equity | 1,652.0 | 1,579.5 |
Non-controlling interests | 34.7 | 33.7 |
Total shareholders' equity | 1,686.7 | 1,613.2 |
Total liabilities and shareholders' equity | $ 3,346.6 | $ 3,401.6 |
 | Mr. Douglas T. Dietrich |
---|---|
 | mineralstech.com |
 | Chemicals |
 | 4070 |