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 analyst gave a price target of 90, which equates to a potential upside of 24.91 percent. The most pessimistic analyst gave a price target of 80, which equates to a potential downside of 11.03 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY 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. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. 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.