Minerals Technologies offers an attractive combination of a low forward P/E of 11x, a PEG ratio of 0.27, and a strong 3-of-4 earnings beat record, though the asymmetry-to-upside ratio is too thin at current prices to justify a new position.
Thesis pillars
- Thin Upside Asymmetry Constraint→Stable
- Deep Value Low Peg↑Improving
- Earnings Beat Momentum↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 20, 2026
Minerals Technologies Inc. (MTX) Stock Analysis
Sector Rotation edge
Basic Materials · Specialty Chemicals
Sell if holding. Engine safety override at $61.93: Quality below floor (3.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10 and A.R:R 5.0:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.14; Below-average business quality; Below long-term trend.
Minerals Technologies Inc. develops and markets specialty mineral products — primarily bentonite, precipitated calcium carbonate, and refractory blends — through two segments: Consumer & Specialties (53% of 2025 net sales) and Engineered Solutions (47%), serving paper mills,... Read more
Sell if holding. Engine safety override at $61.93: Quality below floor (3.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10 and A.R:R 5.0:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.14; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.5/10, moderate confidence.
Passes 4/7 gates (favorable risk/reward ratio, clean insider activity, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and earnings proximity 0d<=7d. Suitability: aggressive.
About Minerals Technologies Inc.
About Minerals Technologies Inc.
Minerals Technologies posted net sales of roughly $2.07 billion in fiscal 2025, split 53% from Consumer & Specialties — Household & Personal Care ($512.8 million) and Specialty Additives ($584.9 million) — and 47% from Engineered Solutions — High-Temperature Technologies ($704.7 million) and Environmental & Infrastructure ($270.2 million). Operations span North America, Europe, and Asia, with approximately 48% of 2025 sales from outside the United States. The company is the world's largest producer of bentonite.
Consumer & Specialties earns from private-label and branded cat litter sold under the SIVO brand and from Specialty Additives revenue underpinned by long-term evergreen satellite supply agreements — initially 10 to 15 years — with paper mills, under which the company supplies substantially all of each host mill's calcium carbonate requirements. Specialty Additives faces a structural headwind: production levels for uncoated freesheet paper in North America and Europe are projected to continue decreasing, and mill consolidations have already resulted in closures that eliminate satellite contract volume. Engineered Solutions earns from green sand bond products sold to foundries for auto and heavy truck castings, refractory materials and laser measurement services for steel-making furnaces, and project-based geosynthetic clay liner and environmental remediation systems. The company sourced approximately 57% of its magnesia requirements — a key input for monolithic refractory products — from Chinese sources over the past five years, creating exposure to supply price volatility and U.S. import tariff risk on these materials.
Show full overview
The satellite plant structure in Specialty Additives creates identifiable off-take concentration: Minerals Technologies owns, operates, and maintains manufacturing facilities co-located at paper mills and agrees to supply substantially all of each mill's precipitated calcium carbonate needs. The 10-K discloses that failure by a number of customers to renew or extend existing satellite agreements "could have a substantial adverse effect on the Company's results of operations," and that associated plant asset impairment could follow a non-renewal. Separately, the $961.7 million aggregate debt at December 31, 2025 — including $569.3 million under a term loan and $400.0 million of 5.0% Senior Notes due 2028 — exposes the company to elevated interest costs on SOFR-linked floating-rate borrowings that represent a significant portion of total indebtedness.
See also: Basic Materials · Specialty Chemicals
From Minerals Technologies Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-10-29Recent Developments — Minerals Technologies Inc.
Latest news
- NEWS Wall Street Analysts Predict a 25.2% Upside in Minerals Technologies (MTX): Here's What You Should Know - Zacks Investme — Zacks Investment Research positive
- NEWS Zacks Industry Outlook Highlights Element Solutions, H.B. Fuller Company, Quaker Chemical and Minerals Technologies - Tr — TradingView neutral
- NEWS Zacks Industry Outlook Highlights Element Solutions, H.B. Fuller Company, Quaker Chemical and Minerals Technologies - tr — tradingview.com neutral
- NEWS Minerals Technologies (MTX) Affirms Dividend, Is The Stock Still Cheap? - Yahoo Finance — Yahoo Finance positive
- NEWS Minerals Technologies (MTX) Affirms Dividend, Is The Stock Still Cheap? - finance.yahoo.com — finance.yahoo.com neutral
Generated 2026-10-29T11:14:34Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMSupplierChina magnesia sources10-K Item 1A: 'the Company has purchased approximately 57% of its magnesia requirements from sources in China over the past five years'
Material Events(8-K, last 90d)
- 2026-04-09Item 5.02LOWJonathan J. Hastings, SVP M&A and Strategy, notified the company he will step down effective April 30, 2026. He will continue as Corporate Strategy Advisor to the Chairman and CEO. No successor for the SVP role named.SEC filing →
- 2026-03-24Item 5.02LOWBoard members Alison A. Deans and Franklin L. Feder notified the company they will retire from the Board at the end of their terms at the May 20, 2026 annual shareholder meeting. No reason cited beyond scheduled retirement.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers·1 ceiling hit
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $61.93: Quality below floor (3.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10 and A.R:R 5.0:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.14; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $59.36. Score 5.5/10, moderate confidence.
Analyst target: $77.56 (+25.2% upside). Prior stop was $59.36. Stop-loss: $59.36.
Quality below floor (3.2 < 4.0); Value-trap signals (2/5): Margin compression (op margin -5.9%), Negative free cash flow.
Minerals Technologies Inc. trades at a P/E of N/A (forward 9.2). TrendMatrix value score: 9.2/10. Verdict: Sell.
8 analysts cover MTX with a consensus score of 4.0/5. Average price target: $91.
What does Minerals Technologies Inc. do?Minerals Technologies Inc. develops and markets specialty mineral products — primarily bentonite, precipitated calcium...
Minerals Technologies Inc. develops and markets specialty mineral products — primarily bentonite, precipitated calcium carbonate, and refractory blends — through two segments: Consumer & Specialties (53% of 2025 net sales) and Engineered Solutions (47%), serving paper mills, foundries, steel producers, and consumer brands globally. Revenue comes from direct sales, long-term satellite supply agreements with paper mills, and on-site refractory services for steel producers.