Minerals Technologies Stock Analysis
MTX Stock | USD 73.70 2.52 3.54% |
Minerals Technologies is fairly valued with Real Value of 75.07 and Target Price of 76.0. The main objective of Minerals Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Minerals Technologies is worth, separate from its market price. There are two main types of Minerals Technologies' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Minerals Technologies' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Minerals Technologies' stock to identify patterns and trends that may indicate its future price movements.
The Minerals Technologies stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Minerals Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Minerals Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Minerals Technologies' ongoing operational relationships across important fundamental and technical indicators.
Minerals |
Minerals Stock Analysis Notes
About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.39. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Minerals Technologies has Price/Earnings To Growth (PEG) ratio of 2.26. The entity last dividend was issued on the 14th of February 2024. The firm had 2:1 split on the 12th of December 2012. 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. To find out more about Minerals Technologies contact Douglas Dietrich at 212 878 1800 or learn more at https://www.mineralstech.com.Minerals Technologies Quarterly Total Revenue |
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Minerals Technologies Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Minerals Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Minerals Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 investing.com: Minerals Technologies earnings beat by 0.16, revenue fell short of estimates |
Minerals Technologies Upcoming and Recent Events
Earnings reports are used by Minerals Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Minerals Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024 Upcoming Quarterly Report | View | |
25th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
1st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Minerals Largest EPS Surprises
Earnings surprises can significantly impact Minerals Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2009-07-23 | 2009-06-30 | 0.11 | 0.08 | -0.03 | 27 | ||
2009-04-23 | 2009-03-31 | 0.1 | 0.13 | 0.03 | 30 | ||
2010-02-04 | 2009-12-31 | 0.27 | 0.31 | 0.04 | 14 |
Minerals Technologies Thematic Classifications
In addition to having Minerals Technologies stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ITInformation technology and IT services | ||
PlasticsRubber and plastics accessories | ||
ChemicalsUSA Equities from Chemicals industry as classified by Fama & French |
Minerals Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Minerals Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Minerals Technologies backward and forwards among themselves. Minerals Technologies' institutional investor refers to the entity that pools money to purchase Minerals Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.38 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 Profitablity
Minerals Technologies' profitability indicators refer to fundamental financial ratios that showcase Minerals Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Minerals Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Minerals Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Minerals Technologies' profitability requires more research than a typical breakdown of Minerals Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income. Last Reported | Projected for Next Year | ||
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 |
Management Efficiency
Minerals Technologies 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.Last Reported | Projected for Next Year | ||
Book Value Per Share | 50.83 | 53.37 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 16.68 | 17.51 | |
Enterprise Value Over EBITDA | 7.92 | 7.29 | |
Price Book Value Ratio | 1.40 | 1.91 | |
Enterprise Value Multiple | 7.92 | 7.29 | |
Price Fair Value | 1.40 | 1.91 | |
Enterprise Value | 1.3 B | 775.9 M |
The analysis of Minerals Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Minerals Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Minerals Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0054 | Forward Dividend Yield 0.0054 | Forward Dividend Rate 0.4 | Beta 1.33 |
Technical Drivers
As of the 27th of April, Minerals Technologies secures the Risk Adjusted Performance of 0.093, downside deviation of 1.34, and Mean Deviation of 1.05. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Minerals Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Minerals Technologies, which can be compared to its peers in the industry. Please verify Minerals Technologies standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Minerals Technologies is priced some-what accurately, providing market reflects its recent price of 73.7 per share. Given that Minerals Technologies has jensen alpha of 0.0756, we recommend you to check Minerals Technologies's last-minute market performance to make sure the company can sustain itself at a future point.Minerals Technologies Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Minerals Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Minerals Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Minerals Technologies Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Minerals Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Minerals Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Minerals Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Cipolla few days ago Disposition of 1100 shares by Michael Cipolla of Minerals Technologies subject to Rule 16b-3 | ||
John Carmola over three weeks ago Acquisition by John Carmola of tradable shares of Minerals Technologies subject to Rule 16b-3 | ||
Monagle Dj Iii over a month ago Disposition of 1180 shares by Monagle Dj Iii of Minerals Technologies at 65.16 subject to Rule 16b-3 | ||
Michael Cipolla over a month ago Disposition of 637 shares by Michael Cipolla of Minerals Technologies at 66.09 subject to Rule 16b-3 | ||
Jonathan Hastings over two months ago Disposition of 12922 shares by Jonathan Hastings of Minerals Technologies at 38.285 subject to Rule 16b-3 |
Minerals Technologies Outstanding Bonds
Minerals Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Minerals Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Minerals bonds can be classified according to their maturity, which is the date when Minerals Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Minerals Technologies Predictive Daily Indicators
Minerals Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Minerals Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Minerals Technologies Corporate Filings
10Q | 26th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
5th of April 2024 Other Reports | ViewVerify | |
4th of April 2024 Other Reports | ViewVerify | |
F4 | 3rd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 11th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 21st of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Minerals Technologies Forecast Models
Minerals Technologies' time-series forecasting models are one of many Minerals Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Minerals Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Minerals Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Minerals Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Minerals shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Minerals Technologies. By using and applying Minerals Stock analysis, traders can create a robust methodology for identifying Minerals entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.05 | 0.05 | |
Operating Profit Margin | 0.13 | 0.11 | |
Net Profit Margin | 0.04 | 0.07 | |
Gross Profit Margin | 0.23 | 0.31 |
Current Minerals Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Minerals analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Minerals analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
76.0 | Strong Buy | 4 | Odds |
Most Minerals analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Minerals stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Minerals Technologies, talking to its executives and customers, or listening to Minerals conference calls.
Minerals Stock Analysis Indicators
Minerals Technologies stock analysis indicators help investors evaluate how Minerals Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Minerals Technologies shares will generate the highest return on investment. By understating and applying Minerals Technologies stock analysis, traders can identify Minerals Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow | 247.2 M | |
Long Term Debt | 911.1 M | |
Common Stock Shares Outstanding | 32.6 M | |
Total Stockholder Equity | 1.7 B | |
Tax Provision | 20.8 M | |
Quarterly Earnings Growth Y O Y | 0.265 | |
Property Plant And Equipment Net | 1 B | |
Cash And Short Term Investments | 321.5 M | |
Cash | 317.2 M | |
Accounts Payable | 188.7 M | |
Net Debt | 748.7 M | |
50 Day M A | 72.725 | |
Total Current Liabilities | 457.3 M | |
Other Operating Expenses | 21.2 M | |
Non Current Assets Total | 2.2 B | |
Forward Price Earnings | 11.9048 | |
Non Currrent Assets Other | 56.1 M | |
Stock Based Compensation | 11.3 M |
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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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 2.58 | 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.