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.
A number of analysts gave price targets for MTX. The highest price target was 90, implying potential capital gains of 24.91 percent. The lowest price target was 80, implying a possible loss of 11.03 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of MTX to grow at a rate of 21.08 percent. People on Wall Street often look at a company's 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, though it could be better to see where the ratio stands relative to peers in the industry. MTX has a PEG ratio of 0.9.
In the last 52-weeks, MTX has achieved a high of 83.85 and a low of 63.55. Today's price is 13.38 percent above the 52-week low, and 14.07 percent below the 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.