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MTX

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

71.19USD-0.91 (-1.26%)Market Closed

Market Summary

MTX
USD71.19-0.91
Market Closed
-1.26%

MTX Stock Price

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MTX RSI Chart

MTX Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

27.06

Price/Sales (Trailing)

1.06

EV/EBITDA

17.36

Price/Free Cashflow

16.44

MTX Price/Sales (Trailing)

MTX Profitability

Operating Margin

43.08%

EBT Margin

4.96%

Return on Equity

5.15%

Return on Assets

2.54%

Free Cashflow Yield

6.08%

MTX Fundamentals

MTX Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

3.34%

Rev. Growth (Qtr)

-4.25%

MTX Earnings

Earnings (TTM)

85.2M

Earnings Growth (Yr)

102.36%

Earnings Growth (Qtr)

301.3%

Breaking Down MTX Revenue

Last 7 days

1.3%

Last 30 days

-2.7%

Last 90 days

9.0%

Trailing 12 Months

27.6%

How does MTX drawdown profile look like?

MTX Financial Health

Current Ratio

2.4

Debt/Equity

0.55

Debt/Cashflow

0.26

MTX Investor Care

Dividend Yield

0.35%

Dividend/Share (TTM)

0.25

Buy Backs (1Y)

0.55%

Diluted EPS (TTM)

2.59

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
GRUFITY'S FAIR VALUE MODEL

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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
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%

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
Apr 05, 2024
ARS
ARS
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Mar 26, 2024
4
Insider Trading
Mar 26, 2024
8-K
Current Report
Mar 22, 2024
144
Notice of Insider Sale Intent
Mar 11, 2024
4
Insider Trading

Peers (Alternatives to Minerals Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
52.3B
12.4B
-1.22% -19.07%
22.38
4.21
-3.54% 3.06%
39.8B
44.6B
-0.71% 8.53%
60.33
0.89
-21.58% -85.78%
17.0B
7.0B
1.44% 34.61%
53.08
2.45
-7.26% -53.23%
16.8B
10.9B
-7.43% 54.65%
8.55
1.53
13.10% 3.48%
13.5B
9.6B
-2.64% -34.77%
8.58
1.4
31.38% -41.50%
11.3B
9.2B
-2.92% 20.66%
12.61
1.22
-12.95% 12.74%
MID-CAP
5.2B
3.9B
4.31% 30.95%
11.6
1.31
-9.12% 26.64%
4.5B
922.4M
-8.46% 12.07%
41.12
4.84
-2.11% 3.01%
3.9B
3.1B
3.32% 15.11%
51.34
1.24
-7.48% -89.19%
3.0B
3.1B
-2.42% 30.73%
6.58
0.97
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
690.7M
1.5B
-0.11% -29.27%
12.65
0.45
-21.18% -60.55%
169.5M
357.7M
3.00% 1.32%
8.34
0.47
-5.20% 66.55%
105.7M
16.7M
2.14% 18.18%
9.54
6.31
-57.58% 866.09%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Minerals Technologies Inc News

Latest updates
Marketscreener.com • 3 hours ago
GuruFocus.com • 29 hours ago
Yahoo Movies UK • 23 Apr 2024 • 03:33 am
Yahoo Movies Canada • 20 Apr 2024 • 01:45 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-4.3%525548552546508542557519477473456453432388357418440449464438448
Gross Profit-5.9%12513312812198.0011812712210611311511211198.0089.00107108111112110113
  S&GA Expenses0.2%51.0051.0052.0052.0049.0046.0049.0049.0046.0046.0046.0048.0049.0042.0042.0043.0049.0047.0048.0043.0044.00
  R&D Expenses-1.9%5.005.006.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.00
EBITDA Margin15.7%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%15.0015.0015.0014.0013.0011.0010.0010.009.009.009.0010.0011.0010.008.009.0010.0011.0011.0011.0012.00
Income Taxes362.9%9.00-3.508.0011.006.003.0011.0011.009.009.0010.009.007.007.001.0010.006.003.005.009.005.00
Earnings Before Taxes315.0%49.00-22.6034.0048.0027.0017.0056.0056.0050.0051.0052.0049.0039.0036.0015.0049.0035.0041.0032.0049.0049.00
EBT Margin23.7%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 Income301.3%39.00-19.2028.0038.0019.0013.0046.0045.0040.0041.0043.0041.0031.0028.0015.0040.0029.0038.0027.0039.0043.00
Net Income Margin28.8%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 Cashflow114.1%73.0034.0024.009.0019.0011.0012.00-18.7046.0022.0045.0033.0071.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.1%3,3473,3453,4083,4513,4023,3873,4033,4263,3743,3843,2533,2133,2093,2143,0573,0693,1133,1263,1493,1633,087
  Current Assets0.4%1,0991,0941,0801,1151,0711,0741,0681,0901,0291,0301,0861,0451,0341,048884898919920931904876
    Cash Equivalents18.2%317268247250247224235288300310404371368379233214242213215203209
  Inventory-3.6%325338355370349345340334298282262247248255270252253257258254239
  Net PPE0.9%9879781,0511,0581,0501,0381,0531,0461,0491,0521,0341,0311,0401,0271,0241,0351,0531,0591,0691,1011,103
  Goodwill0%914914914915915912913906908106806807809806806806807807808812812
Liabilities-3.6%1,6601,7221,7471,7931,7881,8521,8261,8231,7951,8391,7141,7111,7111,7401,6161,6571,6781,6921,7281,7361,702
  Current Liabilities-3.4%457474472513503494466455420423294289296272509382399410406391382
  Short Term Borrowings-21.8%85.0010910711912011911011080.001011.00---100101101103104105105
  Long Term Debt-0.8%9119189219259289459399379369359349349331,012648825824845874893908
    LT Debt, Current25.0%18.0014.0015.0015.0015.001.001.001.001.001.001.001.001.001.001492.002.002.002.003.003.00
    LT Debt, Non Current-0.8%9119189219259289459399379369359349349331,012648825824845874893908
Shareholder's Equity4.0%1,6521,5891,6621,6581,5801,5361,5771,6031,5801,5461,5391,5021,4991,4741,4411,4121,4351,4341,4221,4271,385
  Retained Earnings1.6%2,3612,3242,3452,3202,2852,2662,2552,2112,1692,1302,0902,0502,0111,9821,9551,9431,9061,8781,8421,8171,769
  Additional Paid-In Capital1.6%501493491488488483478475474470467459453448446443442438435433432
Accumulated Depreciation-100.0%-1,1691,2431,2361,2381,2131,2361,2631,2471,2411,2501,2341,2371,2021,1941,2001,2041,1831,1781,1681,153
Shares Outstanding0%33.0033.0033.0033.0033.0033.0033.0033.0034.0034.0034.0034.00---------
Minority Interest3.6%35.0034.0035.0035.0034.0034.0034.0041.0040.0039.0039.0038.0038.0036.0034.0032.0032.0031.0031.0034.0032.00
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations61.3%95,30059,10045,50033,70042,10030,40032,90030069,30045,10067,10050,90092,20054,30063,80030,30079,80060,20067,50030,80070,200
Cashflow From Investing40.0%-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%-41,600-4,100-16,800-9,200-3,700-7,400-31,9008,900-32,10071,300-14,300-19,300-94,800110,200-32,400-26,000-43,200-44,100-36,800-19,200-48,500
  Dividend Payments100.0%3,2001,6001,7001,6001,6001,6001,7001,6001,7001,7001,7001,7001,7001,7001,7001,7001,7001,8001,8001,7001,800
  Buy Backs-14,200----15,30024,00016,70011,80026,00016,90020,00015,1003,000-22,60020,00011,00010,000-5,300

MTX Income Statement

2023-12-31
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 sold1,662.81,660.51,411.8
Production margin507.1465.0446.5
Marketing and administrative expenses206.0192.1186.2
Research and development expenses21.220.419.5
Impairment of assets71.70.00.0
Acquisition-related expenses0.35.14.0
Litigation expenses, net29.232.60.0
Restructuring and other items, net6.90.01.1
Income from operations171.8214.8235.7
Interest expense, net(59.2)(43.9)(37.2)
Debt extinguishment expenses0.0(6.9)0.0
Non-cash pension settlement charge0.0(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 earnings107.7156.7202.3
Provision for taxes on income23.732.136.6
Equity in earnings of affiliates, net of tax4.31.72.8
Net income88.3126.3168.5
Less: Net income attributable to non-controlling interests4.24.14.1
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)2.583.734.86
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)32.532.733.6
Diluted (in shares)32.632.833.8

MTX Balance Sheet

2023-12-31
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 market4.35.6
Accounts receivable399.1404.0
Inventories325.4348.8
Prepaid expenses45.043.3
Other current assets8.021.6
Total current assets1,099.01,070.5
Property, plant and equipment, less accumulated depreciation and depletion986.81,050.4
Goodwill913.6914.8
Intangible assets231.0241.9
Deferred income taxes16.024.4
Other assets and deferred charges100.299.6
Total assets3,346.63,401.6
Current liabilities:  
Short-term debt85.4119.7
Current maturities of long-term debt18.014.5
Accounts payable188.7193.8
Income tax payable14.09.5
Accrued compensation and related items59.255.3
Other current liabilities92.0109.8
Total current liabilities457.3502.6
Long-term debt, net of unamortized discount and deferred financing costs911.1928.1
Deferred income taxes139.3180.4
Accrued pension and postretirement benefits51.763.5
Other non-current liabilities100.5113.8
Total liabilities1,659.91,788.4
Shareholders' equity:  
Preferred stock, without par value; 1,000,000 shares authorized; none issued0.00.0
Common stock, par value at $0.10 per share; 100,000,000 shares authorized; Issued 49,657,464 shares in 2023 and 49,528,306 shares in 20224.94.9
Additional paid-in capital501.2487.6
Retained earnings2,360.62,284.6
Accumulated other comprehensive loss(369.4)(366.5)
Less common stock held in treasury, at cost; 17,252,743 shares in 2023 and 17,033,040 shares in 2022(845.3)(831.1)
Total Minerals Technologies Inc. shareholders' equity1,652.01,579.5
Non-controlling interests34.733.7
Total shareholders' equity1,686.71,613.2
Total liabilities and shareholders' equity$ 3,346.6$ 3,401.6
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 Wed Apr 24 2024, market cap of Minerals Technologies Inc is 2.33 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 Wed Apr 24 2024, MTX's PE ratio (Price to Earnings) is 27.4 and Price to Sales (PS) ratio is 1.08. 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 0.02 (multiply by 100 for percentage) rate of return.