Alert: New Earnings Report (4/25/24)-Minerals Technologies Inc. (NYSE: MTX).

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For its first fiscal quarter (ending March 31), Minerals Technologies Inc. (NYSE: MTX) has reported E.P.S. of $1.45 compared to $1.14 a year ago. For the latest four quarters through March 31, E.P.S. were $2.90 versus $3.54 for the same period a year ago.

Recent Price Action

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Minerals Technologies Inc. (NYSE: MTX) stock declined modestly by -1.3% on 4/25/24. The stock closed at $71.18. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, MTX is expected to continue to be an important Value Builder.

Minerals Technologies has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Minerals Technologies has a slightly positive Appreciation Score of 61 and a good Power Rating of 78, with the Positive Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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