Analyst Ratings for Minerals Technologies Inc. (MTX)

Updated: 2017-07-27

Minerals Technologies Inc. (NYSE:MTX) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, MTX was issued an average rating of Buy.

4 analysts issued ratings on the stock, where 3 gave MTX a buy rating, 0 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for MTX. The most optimistic price target was 90, implying potential capital gains of 24.91 percent. The most pessimistic analyst gave a price target of 80, implying potential capital losses of 11.03 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.26 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.63 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of MTX's earnings is estimated by analysts to be 21.08 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MTX is 0.9.

In the trailing 52-weeks, MTX hit 83.85 at the highest peak, while it's lowest trading point was 63.55. The current market price is above the trailing year's low by 13.38 percent, and 14.07 percent lower than its 52-week high. MTX has a price/earnings ratio of 19.01. Investors typically compare the P/E ratio to a company's peers in the industry. The MTX value stock report compares MTX to some of its peers using value stock charts. The market cap of MTX is $2.6 billion. MTX's next earnings release will be on 0000-00-00, which is days away.