Minerals Technologies Stock (NYSE:MTX), Trade Ideas

Minerals Technologies

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

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Minerals Technologies Inc (NYSE: MTX) has doubled its regular quarterly dividend to $0.10 per share compared to the 

Why Minerals Technologies Shares Are Jumping Today

Minerals Technologies Inc

U.S. stock futures were mixed this morning, with the Nasdaq futures trading higher by around 100 points on Friday.
Shares of Yelp Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yelp#NYSE">YELP</a>) fell sharply in today&rsquo;s pre-market trading after the company reported mixed <a href="https://www.benzinga.com/news/earnings/24/02/37171197/yelp-stock-whimpers-after-mixed-q4-results-expands-buyback-program">fourth-quarter financial results.</a>
Yelp reported quarterly earnings of 37 cents per share which missed the analyst consensus estimate of 38 cents. The company reported quarterly sales of $342.38 million, beating the analyst consensus estimate of $341.32 million.
Yelp also announced its board of directors authorized a $500 million increase to its share repurchase program.
Yelp shares dipped 11.2% to $39.44 in pre-market trading.
Here are some big stocks recording losses in today&rsquo;s pre-market trading session.
<ul>
<li>Semper Paratus Acquisition Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tvgn#NASDAQ">TVGN</a>) shares dipped 18% to $8.20 in pre-market trading after surging 119% on Thursday. Tevogen Bio announced a $8 million equity investment.</li>
<li>Bloom Energy Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/be#NYSE">BE</a>) shares declined 17.2% to $9.91 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results.</li>
<li>Inventiva S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iva#NASDAQ">IVA</a>) shares fell 16.6% to $3.32 in pre-market trading after the company reported preliminary 2023 fiscal year financial results and issued an update on its clinical trial NATiV3.</li>
<li>Roku, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/roku#NASDAQ">ROKU</a>) shares declined 16% to $79.41 in pre-market trading after the company reported fourth-quarter financial results.</li>
<li>Dropbox, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dbx#NASDAQ">DBX</a>) shares declined 9.6% to $29.43 in pre-market trading after reporting fourth-quarter results.</li>
<li>D-Wave Quantum Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qbts#NYSE">QBTS</a>) shares fell 8.6% to $1.81 in pre-market trading after gaining 7% on Thursday.</li>
<li>Iris Energy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iren#NASDAQ">IREN</a>) fell 8.4% to $7.09 in pre-market trading following second-quarter results.</li>
<li>DoorDash, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dash#NASDAQ">DASH</a>) dipped 7.8% to $116.46 in pre-market trading as the company reported mixed financial results for its fourth quarter. The company said it expects first-quarter marketplace GOV to be between $18.5 billion and $18.9 billion and adjusted EBITDA in the range of $320 million to $380 million.</li>
<li>Minerals Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtx#NYSE">MTX</a>) shares fell 5% to $69.07 in pre-market trading.</li>
<li>DraftKings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dkng#NASDAQ">DKNG</a>) fell 3.5% to $42.90 in pre-market trading following weak quarterly sales.</li>
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Now Read This: <a href="https://www.benzinga.com/news/earnings/24/02/37174640/investor-optimism-improves-following-economic-reports-s-p-500-settles-at-record-high"> Investor Optimism Improves Following Economic Reports; S&amp;P 500 Settles At Record High</a>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

Yelp Reports Q4 Results, Joins Roku, Dropbox And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Seaport Global analyst Michael Harrison upgrades Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) from Neutral to Buy and announces $90 price target.

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Seaport Global Upgrades Minerals Technologies to Buy, Announces $90 Price Target

Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) reported quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.25 by 2.4 percent. This is a 91.04 percent increase over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $524.50 million which beat the analyst consensus estimate of $506.67 million by 3.52 percent. This is a 3.33 percent increase over sales of $507.60 million the same period last year.

Earnings

Minerals Technologies Q4 Adj EPS $1.28 Beats $1.25 Estimate, Sales $524.50M Beat $506.67M Estimate

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Earnings Scheduled For February 1, 2024

Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) is set to give its latest quarterly earnings report on Thursday, 2024-02-01. Here's what investors need to know before the announcement.
Analysts estimate that Minerals Technologies will report an earnings per share (EPS) of $1.25. 
Minerals Technologies bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.18, which was followed by a 3.9% increase in the share price the next day.
Here's a look at Minerals Technologies's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.31</td>
<td>1.26</td>
<td>1.04</td>
<td>1.19</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.49</td>
<td>1.31</td>
<td>1.14</td>
<td>0.67</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.9%</td>
<td>0.3%</td>
<td>5.75%</td>
<td>-13.08%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706727653_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Minerals Technologies were trading at $66.62 as of January 30. Over the last 52-week period, shares are down 8.45%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/MTX/earnings">To track all earnings releases for Minerals Technologies visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Minerals Technologies's Earnings Outlook

Highlighted on January 25, it was unveiled in an SEC filing that Cipolla, Vice President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000635//Archives/edgar/data/891014/000156218024000635/0001562180-24-000635-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Cipolla, Vice President at Minerals Technologies, a company in the Materials sector, just exercised stock options worth 0 shares of MTX stock with an exercise price of $0.0.
During Friday's morning session, Minerals Technologies shares down by 0.0%, currently priced at $66.07. Considering the current price, Cipolla's 0 shares have a total value of $0.
<h3>About Minerals Technologies</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Unraveling the Financial Story of Minerals Technologies</h3>
Positive Revenue Trend: Examining Minerals Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.09% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 24.3%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Minerals Technologies exhibits below-average bottom-line performance with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below the industry average at 0.66, reflecting a lower dependency on debt financing and a more conservative financial approach.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 33.37 is lower than the industry average, implying a discounted valuation for Minerals Technologies's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.0, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 12.26, Minerals Technologies presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Decision Unfolding At Minerals Technologies: Michael Cipolla Exercises Options

A large exercise of company stock options by Douglas T Dietrich, Chairman and CEO at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) was disclosed in a new SEC filing on January 25, as part of an insider exercise.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000628//Archives/edgar/data/891014/000156218024000628/0001562180-24-000628-index.htm">U.S. Securities and Exchange Commission</a> on Thursday revealed that Dietrich, Chairman and CEO at Minerals Technologies in the Materials sector, exercised stock options for 0 shares of MTX stock. The exercise price of the options was $0.0 per share.
Minerals Technologies shares are trading, exhibiting down of 0.0% and priced at $66.07 during Friday's morning. This values Dietrich's 0 shares at $0.
<h3>All You Need to Know About Minerals Technologies</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Minerals Technologies's Economic Impact: An Analysis</h3>
Revenue Growth: Minerals Technologies displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 1.09%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 24.3%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Minerals Technologies exhibits below-average bottom-line performance with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.66, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 33.37, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 1.0 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 12.26, Minerals Technologies presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Update: Douglas T Dietrich Engages In Options Exercise At Minerals Technologies

A large exercise of company stock options by Jonathan J Hastings, Senior Vice President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) was disclosed in a new SEC filing on January 25, as part of an insider exercise.
What Happened: A notable Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000629//Archives/edgar/data/891014/000156218024000629/0001562180-24-000629-index.htm">U.S. Securities and Exchange Commission</a> revealed that Hastings, Senior Vice President at Minerals Technologies, exercised stock options for 0 shares of MTX, resulting in a transaction value of $0.
The latest update on Friday morning shows Minerals Technologies shares down by 0.0%, trading at $66.07. At this price, Hastings's 0 shares are worth $0.
<h3>Discovering Minerals Technologies: A Closer Look</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Understanding the Numbers: Minerals Technologies's Finances</h3>
Positive Revenue Trend: Examining Minerals Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.09% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: With a low gross margin of 24.3%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Minerals Technologies's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below the industry average at 0.66, reflecting a lower dependency on debt financing and a more conservative financial approach.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 33.37 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.0 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 12.26, Minerals Technologies's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Engaging In Insider Activity, Jonathan J Hastings At Minerals Technologies Exercises Options

On January 25, it was revealed in an SEC filing that Erik Aldag, Senior Vice President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) executed a significant exercise of company stock options.
What Happened: Aldag, Senior Vice President at Minerals Technologies, exercised stock options for 0 shares of MTX stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000630//Archives/edgar/data/891014/000156218024000630/0001562180-24-000630-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The exercise price of the options was $0.0 per share.
Minerals Technologies shares are trading down 0.0% at $66.07 at the time of this writing on Friday morning. Since the current price is $66.07, this makes Aldag's 0 shares worth $0.
<h3>Delving into Minerals Technologies's Background</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Financial Milestones: Minerals Technologies's Journey</h3>
Positive Revenue Trend: Examining Minerals Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.09% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 24.3%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Minerals Technologies's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below the industry average at 0.66, reflecting a lower dependency on debt financing and a more conservative financial approach.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: Minerals Technologies's P/E ratio of 33.37 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.0, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 12.26 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Exploring Key Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Major Update: Erik Aldag At Minerals Technologies Exercises Options, Making A Strategic Move

On January 25, it was revealed in an SEC filing that Brett Argirakis, Group President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000631//Archives/edgar/data/891014/000156218024000631/0001562180-24-000631-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Argirakis, Group President at Minerals Technologies, a company in the Materials sector, just exercised stock options worth 0 shares of MTX stock with an exercise price of $0.0.
Minerals Technologies shares are trading, exhibiting down of 0.0% and priced at $66.07 during Friday's morning. This values Argirakis's 0 shares at $0.
<h3>Delving into Minerals Technologies's Background</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Financial Insights: Minerals Technologies</h3>
Revenue Growth: Minerals Technologies displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 1.09%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 24.3%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Minerals Technologies exhibits below-average bottom-line performance with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.66.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 33.37, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.0 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 12.26, Minerals Technologies's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options Exercise Activity Initiated By Brett Argirakis At Minerals Technologies

Disclosed in a recent SEC filing on January 25, Jordan, Vice President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: Disclosed in a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000632//Archives/edgar/data/891014/000156218024000632/0001562180-24-000632-index.htm">U.S. Securities and Exchange Commission</a>, Jordan, Vice President at Minerals Technologies, executed a strategic derivative sale. This involved exercising stock options for 0 shares of MTX, resulting in a transaction value of $0.
As of Friday morning, Minerals Technologies shares are down by 0.0%, with a current price of $66.07. This implies that Jordan's 0 shares have a value of $0.
<h3>Discovering Minerals Technologies: A Closer Look</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Financial Milestones: Minerals Technologies's Journey</h3>
Revenue Growth: Minerals Technologies's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 1.09%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 24.3%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Minerals Technologies's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.66.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 33.37 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.0, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 12.26, Minerals Technologies presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Understanding the Significance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Update: Timothy Jordan Engages In Options Exercise At Minerals Technologies

In a new SEC filing on January 25, it was revealed that III, Group President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>), executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000633//Archives/edgar/data/891014/000156218024000633/0001562180-24-000633-index.htm">U.S. Securities and Exchange Commission</a> revealed that III, Group President at Minerals Technologies, exercised stock options for 0 shares of MTX, resulting in a transaction value of $0.
The Friday morning market activity shows Minerals Technologies shares down by 0.0%, trading at $66.07. This implies a total value of $0 for III's 0 shares.
<h3>Unveiling the Story Behind Minerals Technologies</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Financial Milestones: Minerals Technologies's Journey</h3>
Positive Revenue Trend: Examining Minerals Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.09% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 24.3%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Minerals Technologies exhibits below-average bottom-line performance with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.66.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 33.37 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.0 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 12.26, Minerals Technologies presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision Unfolding At Minerals Technologies: Daniel Joseph Monagle III Exercises Options

On January 25, it was revealed in an SEC filing that Erin Cutler, VP at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>) executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218024000634//Archives/edgar/data/891014/000156218024000634/0001562180-24-000634-index.htm">U.S. Securities and Exchange Commission</a> revealed that Cutler, VP at Minerals Technologies, exercised stock options for 0 shares of MTX, resulting in a transaction value of $0.
The Friday morning market activity shows Minerals Technologies shares down by 0.0%, trading at $66.07. This implies a total value of $0 for Cutler's 0 shares.
<h3>Get to Know Minerals Technologies Better</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Minerals Technologies: Delving into Financials</h3>
Revenue Growth: Over the 3 months period, Minerals Technologies showcased positive performance, achieving a revenue growth rate of 1.09% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: With a low gross margin of 24.3%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Minerals Technologies's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.66.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 33.37 is lower than the industry average, implying a discounted valuation for Minerals Technologies's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 1.0 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 12.26, Minerals Technologies's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Update: Erin Cutler Engages In Options Exercise At Minerals Technologies

A significant insider transaction involving the exercise of company stock options was reported on December 18, by Brett Argirakis, Group President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>), as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218023008446//Archives/edgar/data/891014/000156218023008446/0001562180-23-008446-index.htm">U.S. Securities and Exchange Commission</a> on Monday revealed that Argirakis, Group President at Minerals Technologies in the Materials sector, exercised stock options for 2,655 shares of MTX stock. The exercise price of the options was $57.97 per share.
The latest update on Tuesday morning shows Minerals Technologies shares down by 0.0%, trading at $65.94. At this price, Argirakis's 2,655 shares are worth $21,173.
<h3>About Minerals Technologies</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Unraveling the Financial Story of Minerals Technologies</h3>
Revenue Growth: Minerals Technologies displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 1.09%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 24.3%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Minerals Technologies's EPS reflects a decline, falling below the industry average with a current EPS of -0.59.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below the industry average at 0.66, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Minerals Technologies's P/E ratio of 33.3 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.0, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 12.24, Minerals Technologies presents an attractive value opportunity.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Update: Brett Argirakis Engages In Options Exercise At Minerals Technologies

A substantial insider activity was disclosed on December 4, as Hastings, Senior Vice President at Minerals Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTX#NYSE">MTX</a>), reported the exercise of a large sell of company stock options.
What Happened: The latest Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0000891014/000156218023008059//Archives/edgar/data/891014/000156218023008059/0001562180-23-008059-index.htm">U.S. Securities and Exchange Commission</a> uncovered Hastings, Senior Vice President at Minerals Technologies, exercising stock options for 8,960 shares of MTX. The total transaction was valued at $56,761.
The latest update on Tuesday morning shows Minerals Technologies shares down by 0.0%, trading at $64.3. At this price, Hastings's 8,960 shares are worth $56,761.
<h3>Delving into Minerals Technologies's Background</h3>
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
<h3>Minerals Technologies: Financial Performance Dissected</h3>
Revenue Growth: Minerals Technologies's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 1.09%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 24.3%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Minerals Technologies's EPS is below the industry average. The company faced challenges with a current EPS of -0.59. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Minerals Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.66, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Minerals Technologies's P/E ratio of 32.47 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.97 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 12.02 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Understanding Crucial Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000891014">Check Out The Full List Of Minerals Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Activity Update: Jonathan J Hastings Executes Options Exercise, Resulting In $56K At Minerals Technologies

Buybacks

Minerals Technologies Announces $75M Share Repurchase Program

Minerals Technologies Q3 2023 EPS $1.49 Beats $1.31 Estimate, Revenue $548M  Misses $551.5M Estimate

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<li>MMTec, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtc#NASDAQ">MTC</a>) rose 32% to $1.7929.</li>
<li>Atreca, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcel#NASDAQ">BCEL</a>) shares gained 28.8% to $0.3490. On Sept. 21, Atreca announced the termination of the lease at its corporate headquarters and the departure of the company&#39;s CFO.</li>
<li>Spectral AI, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mdai#NASDAQ">MDAI</a>) gained 26.7% to $3.2803. Spectral AI said that its DeepView SnapShot&reg; Wound Imaging System is now UK Conformity Assessed (UKCA)-marked for use in the United Kingdom and has received Class 1 medical device classification with the United States Food and Drug Administration (FDA).</li>
<li>Alpine 4 Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alpp#NASDAQ">ALPP</a>) surged 25% to $1.0999.</li>
<li>Maison Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mss#NASDAQ">MSS</a>) surged 24.7% to $8.13.</li>
<li>Biocept, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bioc#NASDAQ">BIOC</a>) gained 23.3% to $0.6780.</li>
<li>HUB Cyber Security Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hubc#NASDAQ">HUBC</a>) rose 22.7% to $0.56.</li>
<li>SAB Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabs#NASDAQ">SABS</a>) climbed 22.4% to $0.7592 after the company announced it received Australian approval to commence the Phase 1 clinical trial of SAB-142.</li>
<li>Mangoceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgrx#NASDAQ">MGRX</a>) rose 19.6% to $0.80. Mangoceuticals, Inc. issued an update to shareholders on third-quarter achievements and guidance on year end and near-term initiatives.</li>
<li>PTC Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptct#NASDAQ">PTCT</a>) jumped 18.6% to $24.31. PTC Therapeutics announced an agreement with Royalty Pharma to monetize up to $1.5 billion of the Evrysdi Royalty Stream.</li>
<li>Lindsay Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lnn#NYSE">LNN</a>) climbed 17.6% to $125.68 following better-than-expected fourth-quarter results.</li>
<li>G1 Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gthx#NASDAQ">GTHX</a>) gained 16.6% to $1.5050.</li>
<li>Netflix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) shares jumped 16.5% to $403.38 after the company reported better-than-expected results for its third quarter. The company said it sees fourth-quarter revenue of $8.692 million versus estimates of $8.77 billion. Fourth-quarter earnings are expected to come in at $2.15 per share, in line with analyst expectations.</li>
<li>Chijet Motor Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cjet#NASDAQ">CJET</a>) gained 16.3% to $2.65.</li>
<li>Cardio Diagnostics Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cdio#NASDAQ">CDIO</a>) jumped 15% to $0.29.</li>
<li>Heritage Financial Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hfwa#NASDAQ">HFWA</a>) surged 9.6% to $17.88 after the company reported better-than-expected quarterly EPS results.</li>
<li>Cassava Sciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sava#NASDAQ">SAVA</a>) climbed 9.5% to $14.81.</li>
<li>Nano Dimension Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nndm#NASDAQ">NNDM</a>) gained 8.7% to $2.6950. Nano Dimension received Israeli Court approval for its $200 million repurchase plan.</li>
<li>AT&amp;T Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/t#NYSE">T</a>) gained 7.8% to $15.44 after the company reported better-than-expected third-quarter financial results.</li>
<li>Summit Materials, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sum#NYSE">SUM</a>) rose 7.6% to $34.19. The company filed preliminary M&amp;A-related proxy statement.</li>
<li>Minerals Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtx#NYSE">MTX</a>) rose 6.8% to $53.56. Sidoti &amp; Co. upgraded Minerals Technologies from Neutral to Buy and announced a $65 price target.</li>
<li>Ultragenyx Pharmaceutical Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rare#NASDAQ">RARE</a>) gained 6% to $33.63. Ultragenyx Pharmaceutical priced its $300 million underwritten public offering of 8,333,334 common shares at $30 per share.</li>
<li>SAP SE (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sap#NYSE">SAP</a>) rose 5.5% to $134.62 after the company reported third-quarter financial results.</li>
<li>Union Pacific Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unp#NYSE">UNP</a>) gained 4% to $214.00 following quarterly results.</li>
<li>Badger Meter, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>) rose 3.9% to $139.99 following third-quarter results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Nxu, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nxu#NASDAQ">NXU</a>) shares fell 36.8% to $0.0436 after the company announced a $3 million public offering of common stock of 86 million shares at $0.035 per share.</li>
<li>Perception Capital Corp. II (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pcct#NASDAQ">PCCT</a>) shares dipped 35.7% to $6.01.</li>
<li>RVL Pharmaceuticals plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rvlp#NASDAQ">RVLP</a>) fell 32% to $0.0397.</li>
<li>Generation Bio Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gbio#NASDAQ">GBIO</a>) fell 26.8% to $1.7650 after TD Cowen downgraded the stock from Outperform to Market Perform.</li>
<li>Grindrod Shipping Holdings Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grin#NASDAQ">GRIN</a>) fell 25.7% to $9.20.</li>
<li>Faraday Future Intelligent Electric Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ffie#NASDAQ">FFIE</a>) declined 25.7% to $1.29.</li>
<li>Gamer Pakistan Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gpak#NASDAQ">GPAK</a>) fell 25% to $1.08.</li>
<li>Nuvve Holding Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvve#NASDAQ">NVVE</a>) fell 22.5% to $0.1549 after falling around 24% on Wednesday. Nuvve Holding reported pricing of $1 million underwritten public offering of 7,142,857 shares of common stock at a price of $0.14 per share.</li>
<li>Semtech Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smtc#NASDAQ">SMTC</a>) declined 22.3% to $15.47 after the company announced a $250 million private placement offering.</li>
<li>Micromobility.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcom#NASDAQ">MCOM</a>) shares fell 19.8% to $0.0369 after gaining 11% on Wednesday.</li>
<li>Rentokil Initial plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rto#NYSE">RTO</a>) shares fell 17.9% to $29.32. The company said it now sees North America&rsquo;s annual adjusted operating margin in the range of 18.5% to 19%, versus its earlier forecast of around 19.5%.</li>
<li>WNS (Holdings) Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wns#NYSE">WNS</a>) declined 16.7% to $57.19 after the company reported mixed second-quarter financial results and updated FY24 guidance.</li>
<li>Akso Health Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ahg#NASDAQ">AHG</a>) fell 17.1% to $1.31.</li>
<li>Mullen Automotive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/muln#NASDAQ">MULN</a>) was fell 17.1% to $0.2856 after the company announced that it filed a preliminary proxy statement to the SEC to hold a stockholders&#39; meeting to effect a reverse stock split.</li>
<li>Beam Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/beam#NASDAQ">BEAM</a>) fell 12.3% to $18.24 after the company announced portfolio prioritization and strategic restructuring.</li>
<li>Genuine Parts Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gpc#NYSE">GPC</a>) dropped 11.4% to $131.68 after the company reported worse-than-expected third-quarter revenue results and issued FY23 guidance.</li>
<li>VMware, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vmw#NYSE">VMW</a>) shares declined 10.2% to $149.32 following an FT report suggesting China is weighing delaying approval of the company&#39;s Broadcom deal.</li>
<li>NuScale Power Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smr#NYSE">SMR</a>) fell 10.1% to $4.5327.</li>
<li>WW International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ww#NASDAQ">WW</a>) declined 9.6% to $10.56.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) fell 9.4% to $219.91 as the company reported weaker-than-expected earnings and sales results for its third quarter. The company also said Cybertruck began pilot production in the third quarter at Gigafactory Texas, with deliveries anticipated for November 2023.</li>
<li>Ensysce Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ensc#NASDAQ">ENSC</a>) fell 9% to $1.57 after gaining over 6% on Wednesday.</li>
<li>Blue Star Foods Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bsfc#NASDAQ">BSFC</a>) shares fell 9% to $0.1720 after falling over 4% on Wednesday.</li>
<li>Beyond Meat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bynd#NASDAQ">BYND</a>) dipped 8.8% to $7.43.</li>
<li>GDEV Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gdev#NASDAQ">GDEV</a>) fell 7.7% to $2.5120.</li>
<li>Nokia Oyj (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) shares slipped 5.5% to $3.2050 after the company reported downbeat quarterly results. Nokia targets &euro;0.8 billion - $1.2 billion gross cost savings by 2026, leading to a total company headcount of 72,000 - 77,000, down from the 86,000 employees Nokia has today.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/23/10/35327533/top-3-materials-stocks-you-may-want-to-dump-this-month"> Top 3 Materials Stocks You May Want To Dump This Month</a>

Why Nokia Shares Are Trading Lower By Over 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

WIIM

Minerals Technologies shares are trading higher after the company reported an increase in its quarterly dividend and the initiation of a new share repurchase program. Also, Sidoti & Co upgraded the stock from Neutral to Buy and announced a $64 price target.

Minerals Technologies Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtx#NYSE">MTX</a>) has doubled its regular quarterly dividend to $0.10 per share compared to the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/10/g35319099/minerals-technologies-announces-increase-in-quarterly-dividend-and-initiation-of-new-share-repurch" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">$0.05 prior quarterly dividend.</a>
The dividend is payable on December 7, 2023, to stockholders of record at the close of business on November 1, 2023.
In addition, the Board of Directors has authorized a new, one-year $75 million share repurchase program, effective immediately.
Under the new share repurchase program, shares may be repurchased from time to time in the open market, through Rule 10b5-1 trading plans, or in privately negotiated transactions at the company&#39;s discretion.
&quot;This dividend increase and new share repurchase program is a reflection of the Board of Directors&#39; continued confidence in growth and financial performance of Minerals Technologies,&quot; said Chairman and CEO Douglas T. Dietrich.
Minerals held $255.4 million in&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/07/g33431902/minerals-technologies-reports-second-quarter-2023-earnings-per-share-of-0-82-or-1-31-excluding-spe" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">cash and equivalents as of July 2, 2023.</a>
Also Read:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/10/35023989/minerals-technologies-subsidiaries-barretts-minerals-and-barretts-ventures-texas-file-for-bankru" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Minerals Technologies Subsidiaries Barretts Minerals And Barretts Ventures Texas File For Bankruptcy</a>
Price Action:&nbsp;MTX shares traded higher by 6.30% at $53.30 on the last check Thursday.

Minerals Technologies Inc. 2023 Q3 - Results - Earnings Call Presentation

These Basic Materials stocks are trading higher:-Eldorado Gold Corp (EGO) stock is trading at $10.63, a gain of $0.75, or 7.69%, on moderate volume.  Eldorado Gold Corp gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $11.53.

Basic Materials Stocks Moving Up and Down Friday: EGO, NGD, HLP, MTX, AVTR, OLN, TROX, KALU

Minerals Technologies Inc. (MTX) Q3 2023 Earnings Conference Call Transcript

Minerals Technologies Is Offering A Good Opportunity To Keep Adding Shares

Minerals Technologies dividend declines by 20% to $0.10

Minerals Technologies Inc. (MTX) has released an update. The Company's Board of Directors announced a quarterly dividend of $0.10 per share on comm...

Minerals Technologies Declares Quarterly Dividend Payout

Minerals Technologies GAAP EPS of $1.22 misses by $0.03, revenue of $525M beats by $18.33M

Minerals Technologies Inc. (MTX) Q4 2023 Earnings Call Transcript

Minerals Technologies on the rise as Seaport upgrades to Buy

Minerals Technologies: Strong Financials Performance With An Attractive Valuation

AVTR

KALU

TROX

Press Releases

Minerals Technologies Announces Increase in Quarterly Dividend and Initiation of New Share Repurchase Program

Minerals Technologies Reports Third Quarter Loss Per Share of $0.59, or Earnings Per Share of $1.49 Excluding One Time Charges Associated with Barretts Minerals Inc.

Minerals Technologies Announces Fourth Quarter 2023 Conference Call

Minerals Technologies Declares Quarterly Dividend

Minerals Technologies Reports Fourth Quarter 2023 Earnings Per Share of $1.22, or $1.28 Excluding Special Items, a Record for Current Quarter

Gabelli Funds to Host 15th Annual Specialty Chemical Symposium

Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024

Minerals Technologies to Present at JP Morgan Industrials Conference

Management

Minerals Technologies Announces Election of Kristina M. Johnson to Board of Directors