Somewhat Positive News Coverage Somewhat Unlikely to Impact Minerals Technologies (MTX) Stock Price

Headlines about Minerals Technologies (NYSE:MTX) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Minerals Technologies earned a news impact score of 0.17 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.6721340788402 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Several brokerages recently weighed in on MTX. Zacks Investment Research upgraded Minerals Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, January 18th. ValuEngine downgraded Minerals Technologies from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Minerals Technologies has a consensus rating of “Hold” and an average price target of $80.00.

Minerals Technologies (MTX) opened at $74.05 on Monday. The stock has a market capitalization of $2,623.96, a PE ratio of 13.54 and a beta of 2.28. The company has a quick ratio of 2.04, a current ratio of 2.75 and a debt-to-equity ratio of 0.75. Minerals Technologies has a fifty-two week low of $62.55 and a fifty-two week high of $80.50.

Minerals Technologies (NYSE:MTX) last issued its quarterly earnings data on Thursday, February 1st. The basic materials company reported $1.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.01. The business had revenue of $432.10 million during the quarter, compared to analysts’ expectations of $411.95 million. Minerals Technologies had a return on equity of 13.89% and a net margin of 11.64%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.08 EPS. sell-side analysts expect that Minerals Technologies will post 4.93 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 8th. Stockholders of record on Friday, February 16th were issued a $0.05 dividend. The ex-dividend date was Thursday, February 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.27%. Minerals Technologies’s dividend payout ratio (DPR) is presently 3.66%.

In other Minerals Technologies news, Director Joseph C. Breunig purchased 800 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was purchased at an average price of $69.36 per share, for a total transaction of $55,488.00. Following the purchase, the director now directly owns 1,200 shares in the company, valued at $83,232. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.20% of the stock is owned by insiders.

ILLEGAL ACTIVITY WARNING: This report was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at

About Minerals Technologies

Minerals Technologies Inc is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc.

Insider Buying and Selling by Quarter for Minerals Technologies (NYSE:MTX)

Receive News & Ratings for Minerals Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minerals Technologies and related companies with's FREE daily email newsletter.

Leave a Reply