News coverage about Minerals Technologies (NYSE:MTX) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Minerals Technologies earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.7117728039698 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Minerals Technologies stock opened at $71.55 on Thursday. The company has a quick ratio of 2.04, a current ratio of 2.75 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $2,540.66, a price-to-earnings ratio of 13.08 and a beta of 2.28. Minerals Technologies has a fifty-two week low of $62.55 and a fifty-two week high of $80.50.
Minerals Technologies (NYSE:MTX) last announced its quarterly earnings data on Thursday, February 1st. The basic materials company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.01. The company had revenue of $432.10 million for the quarter, compared to analyst estimates of $411.95 million. Minerals Technologies had a return on equity of 13.89% and a net margin of 11.64%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 EPS. equities research analysts forecast that Minerals Technologies will post 4.85 earnings per share for the current fiscal year.
A number of research firms recently issued reports on MTX. ValuEngine raised shares of Minerals Technologies from a “hold” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research raised shares of Minerals Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, January 18th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $80.00.
In other news, Director Joseph C. Breunig acquired 800 shares of the firm’s stock in a transaction on Wednesday, February 7th. The shares were bought at an average price of $69.36 per share, for a total transaction of $55,488.00. Following the acquisition, the director now owns 1,200 shares of the company’s stock, valued at approximately $83,232. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.20% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece was posted by BBNS and is the sole property of of BBNS. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://baseballnewssource.com/2018/03/22/minerals-technologies-mtx-receiving-somewhat-favorable-news-coverage-report-finds/1970825.html.
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.
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.