Minerals Technologies Stock Today
| MTX Stock | USD 71.15 0.03 0.04% |
Performance8 of 100
| Odds Of DistressLess than 5
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Minerals Technologies is trading at 71.15 as of the 17th of April 2024; that is 0.04 percent increase since the beginning of the trading day. The stock's open price was 71.12. Minerals Technologies has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Minerals Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of January 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 23rd of October 1992 | Category Basic Materials |
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. The company has 32.3 M outstanding shares of which 259.55 K shares are now shorted by investors with about 2.11 days to cover. More on Minerals Technologies
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Follow Valuation Options Odds of Bankruptcy
Financial Report 25th of April 2024
Minerals Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Minerals Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Minerals Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Douglas Dietrich | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | MTU AERO ENGINES N - Hanover Stock Exchang | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Specialty Chemicals, Basic Materials, NYSE Composite, DAX Index, Plastics, IT, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Minerals Technologies report their recommendations after researching Minerals Technologies' financial statements, talking to executives and customers, or listening in on Minerals Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Minerals Technologies. The Minerals consensus assessment is calculated by taking the average forecast from all of the analysts covering Minerals Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Minerals Technologies' liquidity, profitability, solvency, and operating efficiency, Minerals Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Minerals Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Minerals Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Minerals Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Minerals Technologies' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Minerals Technologies' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Minerals Technologies' financial leverage. It provides some insight into what part of Minerals Technologies' total assets is financed by creditors.
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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. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.3 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Minerals Technologies's market, we take the total number of its shares issued and multiply it by Minerals Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Minerals Technologies runs under Chemicals sector within Materials industry. The entity has 32.3 M outstanding shares of which 259.55 K shares are now shorted by investors with about 2.11 days to cover.
Minerals Technologies has about 247.2 M in cash with 233.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.26.
Check Minerals Technologies Probability Of Bankruptcy
Ownership AllocationMinerals Technologies holds a total of 32.3 Million outstanding shares. The majority of Minerals Technologies outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Minerals Technologies to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Minerals Technologies. Please pay attention to any change in the institutional holdings of Minerals Technologies as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Minerals Ownership Details
Minerals Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Minerals Technologies jumping above the current price in 90 days from now is about 47.79%. The Minerals Technologies probability density function shows the probability of Minerals Technologies stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3654. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Minerals Technologies will likely underperform. Additionally, minerals Technologies has an alpha of 0.0306, implying that it can generate a 0.0306 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Minerals Technologies to move above the current price in 90 days from now is about 47.79 (This Minerals Technologies probability density function shows the probability of Minerals Stock to fall within a particular range of prices over 90 days) .
Minerals Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Minerals Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Minerals Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Minerals Technologies' value.| Instituion | Recorded On | Shares | |
| Gw&k Investment Management, Llc | 2023-12-31 | 578.7 K | |
| Select Equity Group Lp | 2023-12-31 | 558.2 K | |
| William Blair Investment Management, Llc | 2023-12-31 | 554.8 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 541.9 K | |
| Northern Trust Corp | 2023-12-31 | 501.8 K | |
| Snyder Capital Management Lp | 2023-12-31 | 496.1 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 470.5 K | |
| Allspring Global Investments Holdings, Llc | 2023-12-31 | 465.7 K | |
| Bank Of America Corp | 2023-12-31 | 417.9 K | |
| Blackrock Inc | 2023-12-31 | 5.7 M | |
| Vanguard Group Inc | 2023-12-31 | 3.7 M |
Minerals Technologies Historical Income Statement
Minerals Technologies Income Statement is one of the three primary financial statements used for reporting Minerals's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Minerals Technologies revenue and expense. Minerals Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Minerals Technologies' Gross Profit is fairly stable compared to the past year. EBITDA is likely to rise to about 180.2 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 70 M in 2024. View More FundamentalsMinerals Stock Against Markets
Picking the right benchmark for Minerals Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Minerals Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Minerals Technologies is critical whether you are bullish or bearish towards Minerals Technologies at a given time. Please also check how Minerals Technologies' historical prices are related to one of the top price index indicators.
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Minerals Technologies Corporate Directors
Minerals Technologies corporate directors refer to members of a Minerals Technologies board of directors. The board of directors generally takes responsibility for the Minerals Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Minerals Technologies' board members must vote for the resolution. The Minerals Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Franklin Feder | Independent Director | Profile | |
| Joseph Breunig | Independent Director | Profile | |
| Marc Robinson | Independent Director | Profile | |
| Alison Deans | Independent Director | Profile |
How to buy Minerals Stock?
Before investing in Minerals Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Minerals Technologies. To buy Minerals Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Minerals Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Minerals Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Minerals Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Minerals Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Minerals Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.
Already Invested in Minerals Technologies?
The danger of trading Minerals Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Minerals Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Minerals Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Minerals Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 1.005 | Dividend Share 0.25 | Earnings Share 2.58 | Revenue Per Share 66.766 | Quarterly Revenue Growth 0.033 |
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.