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How to buy Minerals Technologies (MTX) stocks in Canada
Learn how to easily invest in Minerals Technologies stocks.
Minerals Technologies is a specialty chemicals business based in the US. Minerals Technologies stocks (MTX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $76.1 – a decrease of 4.24% over the previous week. Minerals Technologies employs 3,566 staff and has a trailing 12-month revenue of around $1.8 billion.
How to buy shares in Minerals Technologies
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MTX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Minerals Technologies?
- Has coronavirus impacted Minerals Technologies shares?
- Minerals Technologies shares summary
- Compare share dealing platforms
- Is Minerals Technologies stock a buy or sell?
- Minerals Technologies performance over time
- Are Minerals Technologies shares over-valued?
- Minerals Technologies's financials
- How volatile are Minerals Technologies shares?
- Does Minerals Technologies pay a dividend?
- Have Minerals Technologies shares ever split?
- Other common questions
Minerals Technologies stock price (NYSE:MTX)Use our graph to track the performance of MTX stocks over time.
Minerals Technologies shares at a glance
|Latest market close||$70.66|
|52-week range||$61.43 - $88.50|
|50-day moving average||$72.31|
|200-day moving average||$76.19|
|Wall St. target price||$91.40|
|Dividend yield||$0.2 (0.27%)|
|Earnings per share (TTM)||$4.54|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Minerals Technologies stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Minerals Technologies price performance over time
|1 week (2022-01-14)||-4.24%|
|1 month (2021-12-22)||-1.98%|
|3 months (2021-10-22)||-0.16%|
|6 months (2021-07-22)||-6.47%|
|1 year (2021-01-22)||6.21%|
|2 years (2020-01-22)||22.82%|
|3 years (2019-01-22)||29.37%|
|5 years (2017-01-20)||78.8|
Is Minerals Technologies under- or over-valued?
Valuing Minerals Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Minerals Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Minerals Technologies's P/E ratio
Minerals Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Minerals Technologies shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Minerals Technologies's PEG ratio
Minerals Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.2637. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Minerals Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Minerals Technologies's EBITDA
Minerals Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $338 million.
The EBITDA is a measure of a Minerals Technologies's overall financial performance and is widely used to measure a its profitability.
Minerals Technologies financials
|Revenue TTM||$1.8 billion|
|Operating margin TTM||13.42%|
|Gross profit TTM||$405.4 million|
|Return on assets TTM||4.61%|
|Return on equity TTM||10.49%|
|Market capitalisation||$2.5 billion|
TTM: trailing 12 months
Minerals Technologies share dividends
Dividend payout ratio: 4.13% of net profits
Recently Minerals Technologies has paid out, on average, around 4.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.27% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Minerals Technologies shareholders could enjoy a 0.27% return on their shares, in the form of dividend payments. In Minerals Technologies's case, that would currently equate to about $0.2 per share.
While Minerals Technologies's payout ratio might seem low, this can signify that Minerals Technologies is investing more in its future growth.
Minerals Technologies's most recent dividend payout was on 8 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 November 2021 (the "ex-dividend date").
Have Minerals Technologies's shares ever split?
Minerals Technologies's shares were split on a 2:1 basis on 11 December 2012. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Minerals Technologies shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Minerals Technologies shares which in turn could have impacted Minerals Technologies's share price.
Minerals Technologies share price volatility
Over the last 12 months, Minerals Technologies's shares have ranged in value from as little as $61.4275 up to $88.5019. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Minerals Technologies's is 1.4293. This would suggest that Minerals Technologies's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Minerals Technologies overview
Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company's Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, this segment provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction project customers. Its Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries.
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