News coverage about Minerals Technologies (NYSE:MTX) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Minerals Technologies earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 46.3610683972707 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Minerals Technologies Inc. (MTX) Sets New 52-Week Low at $63.50 (ismboard.com)
- Has $29.72 Million Stake in Minerals Technologies Inc. (NYSE:MTX) (topactu.net)
- First Manhattan Co Sold A Little More Minerals Technologies Inc. (MTX) Stock (wisdomsave.com)
- Minerals Technologies Inc. (MTX) Reaches New 52-Week Low at $63.50 (vothemes.com)
Shares of Minerals Technologies (NYSE:MTX) opened at 63.75 on Friday. The stock has a 50 day moving average price of $70.40 and a 200 day moving average price of $74.22. Minerals Technologies has a one year low of $63.30 and a one year high of $83.85. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 14.50 and a beta of 2.20.
Minerals Technologies (NYSE:MTX) last released its quarterly earnings results on Thursday, August 3rd. The basic materials company reported $1.23 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.24 by $0.01. Minerals Technologies had a net margin of 9.62% and a return on equity of 15.04%. The business had revenue of $414.10 million for the quarter, compared to analyst estimates of $427.21 million. On average, equities research analysts forecast that Minerals Technologies will post $4.64 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Friday, August 25th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.31%. Minerals Technologies’s dividend payout ratio is 4.55%.
MTX has been the subject of a number of analyst reports. Zacks Investment Research upgraded Minerals Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. ValuEngine lowered Minerals Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, BidaskClub lowered Minerals Technologies from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 17th.
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About Minerals Technologies
Minerals Technologies Inc is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and supporting systems and services around the world. It operates through five segments. The Specialty Minerals produces and sells the synthetic mineral product precipitated calcium carbonate (PCC) and processed mineral product quicklime (lime).
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