Matthew Garth - Minerals Technologies President

MTX Stock  USD 77.19  1.96  2.61%   

President

Mr. Matthew E. Garth is the Chief Financial Officer, Senior Vice President Finance, Treasurer of Minerals Technologies Inc. Mr. Garth was elected Senior Vice President, Finance and Treasury, Chief Financial Officer effective January 2017 since 2017.
Age 46
Tenure 7 years
Address 622 Third Avenue, New York, NY, United States, 10017-6707
Phone212 878 1800
Webhttps://www.mineralstech.com
Garth joined the Company from Arconic Inc., where most recently he had been Vice President, Financial Planning & Analysis and Investor Relations since 2015. Prior to his most recent position, he was Vice President, Finance & CFO OperationsAlcoa Global Packing from 2014 to 2015; Vice President, Finance Alcoa Global Packing from 2011 to 2014; Vice President, Finance – Alcoa North American Rolled Products from 2010 to 2011; Director, Investor Relations Alcoa Inc. from 2009 to 2010; and Director, Corporationrationrationrate Treasury Alcoa Inc. from 2007 to 2009.

Minerals Technologies Management Efficiency

The company has Return on Asset of 0.0541 % which means that on every $100 spent on assets, it made $0.0541 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0583 %, implying that it generated $0.0583 on every 100 dollars invested. Minerals Technologies' management efficiency ratios could be used to measure how well Minerals Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Minerals Technologies' Return On Tangible Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.07 in 2024, whereas Return On Capital Employed is likely to drop 0.1 in 2024. At this time, Minerals Technologies' Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 55.6 M in 2024, whereas Total Assets are likely to drop slightly above 1.7 B in 2024.
The company has 1.07 B in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Minerals Technologies has a current ratio of 2.24, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Minerals Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Minerals Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Minerals Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minerals to invest in growth at high rates of return. When we think about Minerals Technologies' use of debt, we should always consider it together with cash and equity.

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Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York. Minerals Technologies operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 61 people. Minerals Technologies (MTX) is traded on New York Stock Exchange in USA. It is located in 622 Third Avenue, New York, NY, United States, 10017-6707 and employs 4,027 people. Minerals Technologies is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

Minerals Technologies Leadership Team

Elected by the shareholders, the Minerals Technologies' board of directors comprises two types of representatives: Minerals Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Minerals. The board's role is to monitor Minerals Technologies' management team and ensure that shareholders' interests are well served. Minerals Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Minerals Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Franklin Feder, Independent Director
D III, Group Refractories
Andrew Jones, Vice President and Managing Director, Energy Services
Douglas Dietrich, Chairman of the Board, Chief Executive Officer
Timothy Jordan, General VP
Jonathan Hastings, Senior Vice President - Corporate Development
Matthew Garth, Chief Financial Officer, Senior Vice President - Finance, Treasurer
Joseph Breunig, Independent Director
Carolyn Pittman, Independent Director
Erin Cutler, Vice President of Human Resources
Marc Robinson, Independent Director
Duane Dunham, Independent Chairman of the Board
John Carmola, Independent Director
Erik Aldag, Senior CFO
Douglas Mayger, Senior Vice President and Head of Global Operations, Performance Materials
Thomas Meek, Senior Vice President, General Counsel, Human Resources, Secretary and Chief Compliance Officer
Brett Argirakis, Senior Vice President, Managing Director of Minteq International Inc. and MTI Global Supply Chain
Alison Deans, Independent Director
Donald Winter, Independent Director
Robert Clark, Lead Independent Director
Michael Landau, Director Communications
Michael Cipolla, Vice President Corporate Controller, Chief Accounting Officer
Daniel Monagle, Group President - Specialty Minerals and Refractories

Minerals Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Minerals Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Minerals Technologies Investors Sentiment

The influence of Minerals Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Minerals. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Minerals Technologies' public news can be used to forecast risks associated with an investment in Minerals. The trend in average sentiment can be used to explain how an investor holding Minerals can time the market purely based on public headlines and social activities around Minerals Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Minerals Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Minerals Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Minerals Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Minerals Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Minerals Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Minerals Technologies' short interest history, or implied volatility extrapolated from Minerals Technologies options trading.

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When determining whether Minerals Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Minerals Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Minerals Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Minerals Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Minerals Stock analysis

When running Minerals Technologies' price analysis, check to measure Minerals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minerals Technologies is operating at the current time. Most of Minerals Technologies' value examination focuses on studying past and present price action to predict the probability of Minerals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerals Technologies' price. Additionally, you may evaluate how the addition of Minerals Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Minerals Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Minerals Technologies. If investors know Minerals will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Minerals Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Dividend Share
0.3
Earnings Share
2.88
Revenue Per Share
66.512
Quarterly Revenue Growth
(0.02)
The market value of Minerals Technologies is measured differently than its book value, which is the value of Minerals that is recorded on the company's balance sheet. Investors also form their own opinion of Minerals Technologies' value that differs from its market value or its book value, called intrinsic value, which is Minerals Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Minerals Technologies' market value can be influenced by many factors that don't directly affect Minerals Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Minerals Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerals Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerals Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.