News articles about Minerals Technologies (NYSE:MTX) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of 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 0.17 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 45.8757204520055 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
A number of equities analysts have commented on MTX shares. Zacks Investment Research raised shares of Minerals Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, January 18th. ValuEngine raised shares of Minerals Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, March 22nd.
MTX stock opened at $73.10 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.75 and a quick ratio of 2.04. Minerals Technologies has a one year low of $62.55 and a one year high of $80.50. The company has a market capitalization of $2,538.89, a price-to-earnings ratio of 15.93, a P/E/G ratio of 1.77 and a beta of 2.27.
Minerals Technologies (NYSE:MTX) last released its quarterly earnings results on Thursday, February 1st. The basic materials company reported $1.10 EPS for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.01. Minerals Technologies had a net margin of 11.64% and a return on equity of 13.89%. The business had revenue of $432.10 million during the quarter, compared to analysts’ expectations of $411.95 million. During the same quarter in the previous year, the company earned $1.08 EPS. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. equities research analysts forecast that Minerals Technologies will post 4.95 earnings per share for the current fiscal year.
In related news, Director Joseph C. Breunig purchased 800 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was acquired at an average price of $69.36 per share, with a total value of $55,488.00. Following the purchase, the director now directly owns 1,200 shares in the company, valued at $83,232. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.40% of the stock is owned by insiders.
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About Minerals Technologies
Minerals Technologies Inc develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The company's Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc.
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