Home Sectors Basic Materials Recent Change: Minerals Technologies (NYSE: MTX)

Recent Change: Minerals Technologies (NYSE: MTX)


Minerals Technologies trades as part of the chemicals industry and is part of the basic materials sector. The company CEO is Douglas T. Dietrich. Minerals Technologies Inc mines, produces, and sells mineral-based products. The company operates in four segments namely Specialty Minerals, Refractories, Performance Materials, and Energy Services segment.

Previous Intraday Trading Performance:

The MTX stock showed a previous change of 3.80% with an open at 54.53 and a close of 56.00. It reached an intraday high of 56.26 and a low of 54.46.

SeekingAlpha:  Minerals Technologies Inc. (MTX) CEO Douglas Dietrich on Q1 2019 Results – Earnings Call Transcript


The stock has a market cap of $2.0b with 35.2m shares outstanding, of which the float is 34.3m shares. Trading volume reached 253,226 shares compared to its average volume of 117,355 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Minerals Technologies shares returned 4.73% and in the past 30 trading days it returned -10.36%. Over three months, it changed -7.41%. In one year it has changed -25.03% and within that year its 52-week high was 80.80 and its 52-week low was 47.07. MTX stock is 18.97% above its 52 Week Low.

Our calculations show a 200 day moving average of 58.88 and a 50 day moving average of 59.13. Currently MTX stock is trading -4.90% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Minerals Technologies Inc. (MTX) CEO Douglas Dietrich on Q1 2019 Results – Earnings Call Transcript


The last annual fiscal EPS for the company was reported at 4.75 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.79. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.12. The TTM EPS is 4.85, which comes to a TTM PE of 11.55. Historically, the PE high was 33.90 and the PE low was 8.60. If the stock reached its PE low, that would represent a price of 41.70, which is a decrease of -25.54%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 1.11
4thQtr of 2018 (Reported on 01/31/2019): 1.22
3rdQtr of 2018 (Reported on 11/01/2018): 1.18
2ndQtr of 2018 (Reported on 08/02/2018): 1.24
1stQtr of 2018 (Reported on 05/03/2018): 1.12

The dividend per share is currently 0.20, which is a dividend yield of 0.36%. Also, the payout ratio is 4.12%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 71.46, which means it is possibly undervalued and has a margin of safety of 21.64%.

Indicators to Watch:

Short-interest was 276,428, which was 0.78% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.20. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.96.

Business Wire:  LP Announces Acquisition of Siding Prefinisher

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.04%, return on assets is 5.70%, profit margin is 9.56%, price-to-sales is 1.05 and price-to-book is 1.36.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.