Minerals Technologies (NYSE:MTX – Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect Minerals Technologies to post earnings of $1.53 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Minerals Technologies (NYSE:MTX – Get Free Report) last released its earnings results on Thursday, July 25th. The basic materials company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.05. The business had revenue of $541.20 million for the quarter, compared to the consensus estimate of $561.60 million. Minerals Technologies had a return on equity of 11.46% and a net margin of 4.05%. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.31 earnings per share. On average, analysts expect Minerals Technologies to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Minerals Technologies Price Performance
MTX stock opened at $78.31 on Thursday. Minerals Technologies has a 52-week low of $49.83 and a 52-week high of $90.29. The company has a quick ratio of 1.72, a current ratio of 2.46 and a debt-to-equity ratio of 0.53. The business has a fifty day moving average of $74.39 and a two-hundred day moving average of $78.04. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 27.10 and a beta of 1.30.
Analysts Set New Price Targets
Check Out Our Latest Analysis on MTX
About Minerals Technologies
Minerals Technologies Inc develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications.
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