Minerals Technologies Stock Performance
MTX Stock | USD 72.89 2.16 2.88% |
Minerals Technologies has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Minerals Technologies are expected to decrease at a much lower rate. During the bear market, Minerals Technologies is likely to outperform the market. Minerals Technologies right now secures a risk of 1.42%. Please verify Minerals Technologies value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if Minerals Technologies will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Minerals Technologies are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, Minerals Technologies may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
Actual Historical Performance (%)
One Day Return (2.88) | Five Day Return 1.52 | Year To Date Return 3.76 | Ten Year Return 22.52 | All Time Return 757.53 |
Forward Dividend Yield 0.0053 | Payout Ratio 0.0447 | Last Split Factor 2:1 | Forward Dividend Rate 0.4 | Dividend Date 2024-03-07 |
1 | Minerals Technologies Inc. Receives Consensus Recommendation of Buy from Analysts | 02/05/2024 |
2 | Disposition of 12922 shares by Jonathan Hastings of Minerals Technologies at 38.285 subject to Rule 16b-3 | 02/20/2024 |
Minerals Technologies dividend paid on 7th of March 2024 | 03/07/2024 |
3 | Disposition of 637 shares by Michael Cipolla of Minerals Technologies at 66.09 subject to Rule 16b-3 | 03/08/2024 |
4 | Disposition of 1180 shares by Monagle Dj Iii of Minerals Technologies at 65.16 subject to Rule 16b-3 | 03/22/2024 |
5 | Strength Seen in Perimeter Solutions, SA Can Its 15.9 percent Jump Turn into More Strength | 03/26/2024 |
6 | Acquisition by John Carmola of tradable shares of Minerals Technologies subject to Rule 16b-3 | 04/01/2024 |
7 | Stocks Flashing Renewed Technical Strength Minerals Technologies | 04/03/2024 |
8 | When Should You Buy Minerals Technologies Inc. | 04/11/2024 |
9 | Minerals Technologies Set to Announce Quarterly Earnings on Thursday - Defense World | 04/17/2024 |
10 | Disposition of 1100 shares by Michael Cipolla of Minerals Technologies subject to Rule 16b-3 | 04/22/2024 |
11 | Minerals Technologies GAAP EPS of 1.44 beats by 0.15, revenue of 534.5M misses by | 04/25/2024 |
12 | Skechers Reports Upbeat Earnings, Joins Tutor Perini, AppFolio, Newell Brands And Other Big Stocks Moving Higher On Friday | 04/26/2024 |
13 | Minerals Technologies Inc. Announces Completion of Sale of Subsidiarys Talc Business | 04/29/2024 |
Begin Period Cash Flow | 247.2 M |
Minerals |
Minerals Technologies Relative Risk vs. Return Landscape
If you would invest 6,650 in Minerals Technologies on February 1, 2024 and sell it today you would earn a total of 639.00 from holding Minerals Technologies or generate 9.61% return on investment over 90 days. Minerals Technologies is generating 0.158% of daily returns assuming volatility of 1.4192% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than Minerals, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Minerals Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minerals Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Minerals Technologies, and traders can use it to determine the average amount a Minerals Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1113
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Estimated Market Risk
1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Minerals Technologies is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Minerals Technologies by adding it to a well-diversified portfolio.
Minerals Technologies Fundamentals Growth
Minerals Stock prices reflect investors' perceptions of the future prospects and financial health of Minerals Technologies, and Minerals Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Minerals Stock performance.
Return On Equity | 0.0583 | ||||
Return On Asset | 0.0541 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.14 % | ||||
Current Valuation | 3.14 B | ||||
Shares Outstanding | 32.3 M | ||||
Price To Earning | 17.41 X | ||||
Price To Book | 1.39 X | ||||
Price To Sales | 1.06 X | ||||
Revenue | 2.17 B | ||||
Gross Profit | 465 M | ||||
EBITDA | 171.8 M | ||||
Net Income | 84.1 M | ||||
Cash And Equivalents | 247.2 M | ||||
Cash Per Share | 7.26 X | ||||
Total Debt | 1.07 B | ||||
Debt To Equity | 0.67 % | ||||
Current Ratio | 2.29 X | ||||
Book Value Per Share | 51.51 X | ||||
Cash Flow From Operations | 233.6 M | ||||
Earnings Per Share | 2.88 X | ||||
Market Capitalization | 2.42 B | ||||
Total Asset | 3.35 B | ||||
Retained Earnings | 2.36 B | ||||
Working Capital | 641.7 M | ||||
Current Asset | 259.05 M | ||||
Current Liabilities | 123.94 M | ||||
About Minerals Technologies Performance
To evaluate Minerals Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Minerals Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Minerals Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Minerals Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Minerals's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 70.89 | 65.36 | |
Return On Tangible Assets | 0.04 | 0.04 | |
Return On Capital Employed | 0.1 | 0.1 | |
Return On Assets | 0.03 | 0.02 | |
Return On Equity | 0.05 | 0.07 |
Things to note about Minerals Technologies performance evaluation
Checking the ongoing alerts about Minerals Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Minerals Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Minerals Technologies has a strong financial position based on the latest SEC filings | |
Over 99.0% of the company shares are owned by institutional investors | |
On 7th of March 2024 Minerals Technologies paid $ 0.1 per share dividend to its current shareholders | |
Latest headline from globenewswire.com: Minerals Technologies Inc. Announces Completion of Sale of Subsidiarys Talc Business |
- Analyzing Minerals Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Minerals Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Minerals Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Minerals Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Minerals Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Minerals Technologies' stock. These opinions can provide insight into Minerals Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public 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 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.