Minerals Technologies (NYSE:MTX – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.150-1.200 for the period, compared to the consensus estimate of 1.310. The company issued revenue guidance of $525.0 million, compared to the consensus revenue estimate of $533.5 million.
Minerals Technologies Trading Down 0.2%
Shares of NYSE:MTX opened at $64.69 on Tuesday. Minerals Technologies has a 1 year low of $54.65 and a 1 year high of $84.34. The stock’s fifty day moving average price is $66.64 and its 200-day moving average price is $71.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.43 and a quick ratio of 1.00. The company has a market cap of $2.01 billion, a P/E ratio of -30.26 and a beta of 1.12.
Minerals Technologies (NYSE:MTX – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The basic materials company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.44 by $0.09. The company had revenue of $554.90 million during the quarter, compared to analyst estimates of $552.20 million. Minerals Technologies had a positive return on equity of 10.63% and a negative net margin of 3.13%. Minerals Technologies’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.55 earnings per share. Sell-side analysts expect that Minerals Technologies will post 5.70 earnings per share for the current year.
Minerals Technologies Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 5th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.8%. This is a boost from Minerals Technologies’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Thursday, November 5th. Minerals Technologies’s payout ratio is presently -22.12%.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on MTX shares. Wall Street Zen cut Minerals Technologies from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings cut Minerals Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, October 27th. Finally, Zacks Research cut Minerals Technologies from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Minerals Technologies presently has an average rating of “Reduce” and a consensus price target of $90.00.
Get Our Latest Analysis on MTX
About Minerals Technologies
Minerals Technologies Inc (NYSE: MTX) is a global specialty minerals and materials company that develops, produces and markets mineral-based products and engineered solutions for industrial and consumer applications. Its products are used in industries including paper and packaging, construction, environmental services, agriculture, food, personal care and automotive manufacturing.
The company supplies materials such as precipitated calcium carbonate, talc, bentonite, perlite and other specialty minerals.
Read More
- Five stocks we like better than Minerals Technologies
- Check Point’s Turnaround Could Be Closer Than Investors Think
- SpaceX Sent Verizon and T-Mobile Stocks Tumbling—Did Wall Street Overreact?
- SpaceX Starlink’s Telecom Ground Game Takes Shape
- AST SpaceMobile’s Brazil Breakthrough Could Set the Stage for a Q3 Stock Rebound
Receive News & Ratings for Minerals Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minerals Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
