Is Minerals Technologies Stock a Good Investment?
Minerals Technologies Investment Advice | MTX |
- Examine Minerals Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Minerals Technologies' leadership team and their track record. Good management can help Minerals Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Chemicals space and any emerging trends that could impact Minerals Technologies' business and its evolving consumer preferences.
- Compare Minerals Technologies' performance and market position to its competitors. Analyze how Minerals Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Minerals Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Minerals Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Minerals Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Minerals Technologies is a good investment.
Sell | Buy |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Minerals Technologies Stock
Researching Minerals Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.49. 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 31st of October 2024. The firm had 2:1 split on the 12th of December 2012.
To determine if Minerals Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Minerals Technologies' research are outlined below:
| Minerals Technologies has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Victory Capital Management Inc. Has 79.05 Million Holdings in Minerals Technologies Inc. |
Minerals Technologies Quarterly Good Will |
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Minerals Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Minerals Technologies. Every quarterly earnings report provides investors with 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 |
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. Below are the table of largest EPS Surprises Minerals Technologies' investors have experienced.
| 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 | ||
2007-07-26 | 2007-06-30 | 0.33 | 0.37 | 0.04 | 12 | ||
2003-04-24 | 2003-03-31 | 0.32 | 0.37 | 0.05 | 15 | ||
2008-07-24 | 2008-06-30 | 0.45 | 0.51 | 0.06 | 13 | ||
2012-02-02 | 2011-12-31 | 0.45 | 0.53 | 0.08 | 17 | ||
2008-01-31 | 2007-12-31 | 0.34 | 0.42 | 0.08 | 23 |
Know Minerals Technologies' Top 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 | Btim Corp | 2024-09-30 | 626.4 K | Snyder Capital Management Lp | 2024-09-30 | 581 K | Charles Schwab Investment Management Inc | 2024-09-30 | 552.5 K | Allspring Global Investments Holdings, Llc | 2024-06-30 | 528.9 K | Ameriprise Financial Inc | 2024-06-30 | 519.1 K | Northern Trust Corp | 2024-09-30 | 455.4 K | Gw&k Investment Management, Llc | 2024-09-30 | 430.1 K | Bank Of America Corp | 2024-06-30 | 413.3 K | Goldman Sachs Group Inc | 2024-06-30 | 380.5 K | Blackrock Inc | 2024-06-30 | 5.7 M | Vanguard Group Inc | 2024-09-30 | 3.7 M |
Minerals Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.55 B.Market Cap |
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Minerals Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.10 | 0.10 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.05 | 0.07 |
Determining Minerals Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Minerals Technologies is a good buy. For example, gross profit margin measures Minerals Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Minerals Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Minerals Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Minerals Technologies. Check Minerals Technologies' Beneish M Score to see the likelihood of Minerals Technologies' management manipulating its earnings.
Evaluate Minerals Technologies' management efficiency
Minerals Technologies has Return on Asset of 0.052 % which means that on every $100 spent on assets, it made $0.052 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0932 %, implying that it generated $0.0932 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 102.9 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 | 51.90 | 54.49 | |
| Tangible Book Value Per Share | 16.68 | 9.87 | |
| Enterprise Value Over EBITDA | 11.03 | 6.96 | |
| Price Book Value Ratio | 1.40 | 1.91 | |
| Enterprise Value Multiple | 11.03 | 6.96 | |
| Price Fair Value | 1.40 | 1.91 | |
| Enterprise Value | 1.2 B | 821.7 M |
Understanding the operational decisions made by Minerals Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0055 | Forward Dividend Yield 0.0055 | Forward Dividend Rate 0.44 | Beta 1.308 |
Basic technical analysis of Minerals Stock
As of the 21st of November, Minerals Technologies secures the Mean Deviation of 1.28, risk adjusted performance of 0.0626, and Downside Deviation of 1.46. 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.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.
Minerals Technologies' Outstanding Corporate 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MINERALS TECHNOLOGIES INC Corp BondUS603158AA41 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Minerals Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Minerals Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0626 | |||
| Market Risk Adjusted Performance | 0.0756 | |||
| Mean Deviation | 1.28 | |||
| Semi Deviation | 1.32 | |||
| Downside Deviation | 1.46 | |||
| Coefficient Of Variation | 1326.04 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.26 | |||
| Information Ratio | 0.0226 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.028 | |||
| Treynor Ratio | 0.0656 | |||
| Maximum Drawdown | 11.9 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 2.12 | |||
| Semi Variance | 1.74 | |||
| Expected Short fall | (1.45) | |||
| Skewness | 1.68 | |||
| Kurtosis | 7.69 |
| Risk Adjusted Performance | 0.0626 | |||
| Market Risk Adjusted Performance | 0.0756 | |||
| Mean Deviation | 1.28 | |||
| Semi Deviation | 1.32 | |||
| Downside Deviation | 1.46 | |||
| Coefficient Of Variation | 1326.04 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.26 | |||
| Information Ratio | 0.0226 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.028 | |||
| Treynor Ratio | 0.0656 | |||
| Maximum Drawdown | 11.9 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 2.12 | |||
| Semi Variance | 1.74 | |||
| Expected Short fall | (1.45) | |||
| Skewness | 1.68 | |||
| Kurtosis | 7.69 |
Consider Minerals Technologies' intraday 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
| 28th of October 2024 Other Reports | ViewVerify | |
10Q | 25th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 2nd of October 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 Stock media impact
Far too much social signal, news, headlines, and media speculation about Minerals Technologies that are available to investors today. That information is available publicly through Minerals media outlets and privately through word of mouth or via Minerals internal channels. However, regardless of the origin, that massive amount of Minerals data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Minerals Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Minerals Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Minerals Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Minerals Technologies alpha.
Minerals Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Minerals Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Minerals Technologies Historical Investor Sentiment
Investor biases related to Minerals Technologies' public news can be used to forecast risks associated with an investment in Minerals. The trend in average sentiment can be used to explain how an investor holding Minerals can time the market purely based on public headlines and social activities around Minerals Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Minerals Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Minerals Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Minerals Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on Minerals Technologies.
Minerals Technologies Corporate Directors
| Franklin Feder | Independent Director | Profile | |
| Joseph Breunig | Independent Director | Profile | |
| Carolyn Pittman | Independent Director | Profile | |
| Marc Robinson | Independent Director | Profile |
Additional 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.