Instead of shipping bulky mineral fillers long distances, $MTX builds its PCC production plants directly adjacent to customer paper and packaging mills.
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Stock Price: $61.83 • 10/30/26
Minerals Technologies (MTX) supplies mineral-based materials for steelmaking, water treatment and everyday products such as cat litter.
October 29 results showed quarterly sales up 4%, with steel and environmental products lifting its industrial division. Operating cash flow rose 32% over the first nine months. Today's earnings call and coming quarterly filing could clarify whether growth offsets higher costs.
With a market cap of approximately $1.9 billion, MTX trades at approximately 11x annualized latest-quarter reported profit. A $290 million talc-litigation charge left the first nine months at a loss. Litigation payments, debt and rising input costs remain substantial risks.
Opinion: MTX appears potentially undervalued if stronger industrial demand sustains cash flow and today's update supports earnings despite its substantial litigation burden.
Daily closes 路 through Oct 30, 2026 路 Yahoo Finance
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Instead of shipping bulky mineral fillers long distances, $MTX builds its PCC production plants directly adjacent to customer paper and packaging mills.