News stories about Minerals Technologies (NYSE:MTX) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Minerals Technologies earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 45.442156536562 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.
Shares of Minerals Technologies (NYSE MTX) traded down $0.70 during trading hours on Wednesday, hitting $75.15. The stock had a trading volume of 207,379 shares, compared to its average volume of 186,599. Minerals Technologies has a one year low of $62.55 and a one year high of $81.85. The firm has a market cap of $2,675.50, a P/E ratio of 17.12 and a beta of 2.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.66 and a quick ratio of 1.98.
Minerals Technologies (NYSE:MTX) last announced its quarterly earnings data on Thursday, November 2nd. The basic materials company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.02. The company had revenue of $424.40 million during the quarter, compared to the consensus estimate of $404.80 million. Minerals Technologies had a return on equity of 14.59% and a net margin of 9.48%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.17 EPS. research analysts expect that Minerals Technologies will post 4.57 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Friday, February 16th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.27%. Minerals Technologies’s payout ratio is currently 4.56%.
A number of equities research analysts have recently commented on MTX shares. ValuEngine upgraded Minerals Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. Zacks Investment Research upgraded Minerals Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, January 18th. Finally, KeyCorp reiterated a “hold” rating on shares of Minerals Technologies in a research report on Monday, November 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Minerals Technologies has a consensus rating of “Hold” and a consensus price target of $80.00.
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Minerals Technologies Company Profile
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.
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