Minerals Technologies Inc. (NYSE: MTX) has reported E.P.S. of $1.45 for its third fiscal quarter (ending September 30) versus $-0.59 for the same period a year ago — a decline of -346%. E.P.S. were $4.73 for the latest four quarters through September 30 versus $1.99 for the same period a year ago — an increase of 138%.
Recent Price Action
On 10/24/24, Minerals Technologies Inc. (NYSE: MTX) stock increased 1.0%, closing at $77.96. Moreover, above average trading volume at 142% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns 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 C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Minerals Technologies has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 47, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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