New insider activity at Minerals Technologies ( (MTX) ) has taken place on May 6, 2025.
Director Kristina Johnson has made a significant investment by purchasing 1,000 shares of Minerals Technologies stock, valued at $53,780.
Recent Updates on MTX stock
Minerals Technologies (MTX) recently experienced a price target reduction by Truist from $92 to $80 following its Q1 earnings report. The company’s financial results revealed a significant loss per share due to a $215 million provision for talc-related claims and litigation costs, impacting its valuation. Despite an 8% decline in net sales to $492 million, attributed to uncertain end markets and unfavorable foreign exchange rates, MTX’s management remains optimistic about future growth. The company has launched a $10 million cost savings program and anticipates a 5% to 10% sales increase in Q2, driven by a strong recovery in March sales and strategic focus on high-demand sectors. However, tariff-driven uncertainty and volatile customer order patterns continue to pose challenges. The company’s robust financial position, with nearly $700 million in liquidity, supports its strategic initiatives aimed at mitigating risks and achieving long-term growth.
Spark’s Take on MTX Stock
According to Spark, TipRanks’ AI Analyst, MTX is a Neutral.
Minerals Technologies faces significant financial challenges with declining revenues and profitability pressures. However, the company’s balance sheet remains robust, and it has strong liquidity. Technical indicators suggest a bearish trend, but the earnings call offers an optimistic outlook for Q2 with potential recovery in sales and margins. Despite these positive signals, the valuation appears unattractive due to the negative P/E ratio.
To see Spark’s full report on MTX stock, click here.
More about Minerals Technologies
YTD Price Performance: -30.34%
Average Trading Volume: 239,553
Technical Sentiment Signal: Buy
Current Market Cap: $1.68B