New insider activity at Minerals Technologies ( (MTX) ) has taken place on May 2, 2025.
In a notable move, Chairman & CEO Douglas Dietrich has acquired 2,000 shares of Minerals Technologies stock, with the transaction valued at $103,120. Additionally, SVP Finance and Treasury, CFO Erik Aldag has also invested in the company by purchasing 1,000 shares, amounting to $50,370.
Recent Updates on MTX stock
Recent developments in Minerals Technologies (MTX) have led to changes in its price targets. Truist lowered its price target due to tariff-driven uncertainty impacting demand across the company’s businesses, including its consumer-oriented segment. Despite this, Truist believes the current valuation overly discounts the company’s long-term growth potential. The company reported a significant Q1 loss due to a $215 million provision for talc-related claims and litigation costs, impacting its financial results. However, MTX experienced a sales recovery in March, exceeding initial quarterly guidance, and anticipates a stronger second quarter with projected sales growth and improved operating income. The company is also implementing a $10 million cost savings program to enhance efficiency. Despite ongoing market uncertainties and legal challenges, MTX maintains a strong financial position and is optimistic about future 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: -32.21%
Average Trading Volume: 228,317
Technical Sentiment Signal: Buy
Current Market Cap: $1.64B