Media headlines about Minerals Technologies (NYSE:MTX) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Minerals Technologies earned a news impact score of 0.08 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 46.1473828397646 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Minerals Technologies (NYSE:MTX) opened at 66.50 on Friday. Minerals Technologies has a one year low of $62.55 and a one year high of $83.85. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 15.13 and a beta of 2.21. The stock’s 50 day moving average price is $65.58 and its 200 day moving average price is $72.25.
Minerals Technologies (NYSE:MTX) last announced its earnings results on Thursday, August 3rd. The basic materials company reported $1.23 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.01). The firm had revenue of $414.10 million for the quarter, compared to the consensus estimate of $427.21 million. Minerals Technologies had a return on equity of 15.04% and a net margin of 9.62%. On average, equities analysts anticipate that Minerals Technologies will post $4.60 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Friday, August 25th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.30%. Minerals Technologies’s dividend payout ratio (DPR) is currently 4.55%.
Several analysts have recently weighed in on the company. Zacks Investment Research lowered Minerals Technologies from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. ValuEngine lowered Minerals Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, BidaskClub lowered Minerals Technologies from a “sell” rating to a “strong sell” rating in a report on Saturday, June 17th.
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Minerals Technologies Company Profile
Minerals Technologies Inc is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc.
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