Minerals Technologies (NYSE:MTX – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.150-1.200 for the period, compared to the consensus EPS 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%
MTX opened at $64.69 on Tuesday. The company has a fifty day moving average of $66.64 and a 200-day moving average of $71.32. Minerals Technologies has a twelve month low of $54.65 and a twelve month high of $84.34. The company has a quick ratio of 1.00, a current ratio of 1.43 and a debt-to-equity ratio of 0.60. The stock has a market cap of $2.01 billion, a PE ratio of -30.26 and a beta of 1.12.
Minerals Technologies (NYSE:MTX – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The basic materials company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.09. Minerals Technologies had a negative net margin of 3.13% and a positive return on equity of 10.63%. The firm had revenue of $554.90 million during the quarter, compared to the consensus estimate of $552.20 million. During the same period in the previous year, the firm posted $1.55 earnings per share. The business’s revenue was up 4.2% compared to the same quarter last year. On average, sell-side analysts predict that Minerals Technologies will post 5.70 EPS 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 given a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Minerals Technologies’s previous quarterly dividend of $0.12. Minerals Technologies’s payout ratio is currently -22.12%.
Analysts Set New Price Targets
A number of research analysts recently weighed in on MTX shares. Weiss Ratings lowered shares of Minerals Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, October 27th. Wall Street Zen cut Minerals Technologies from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Zacks Research downgraded Minerals Technologies from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Minerals Technologies currently has a consensus rating of “Reduce” and a consensus target price of $90.00.
Get Our Latest Stock Report on Minerals Technologies
Minerals Technologies Company Profile
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.
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