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.
MTX was given price targets by several analysts. The most optimistic analyst gave a price target of 90, which equates to a potential upside of 24.91 percent. The minimum price target given was 80, implying potential capital losses of 11.03 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -4.26 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.63 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. MTX has a PEG ratio of 0.9.
In the trailing 52-weeks, MTX hit 83.85 at the highest peak, while it's lowest trading point was 63.55. Currently the stock is 13.38 percent higher than its low, and 14.07 percent lower than its 52-week high. MTX has a P/E 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.