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Minerals (MTX) Stock Forecast, Price Target & Predictions

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MTX Stock Forecast

Minerals stock forecast is as follows: an average price target of $90.00 (represents a 19.02% upside from MTX’s last price of $75.62) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

MTX Price Target

The average price target for Minerals (MTX) is $90.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $90.00. This represents a potential 19.02% upside from MTX's last price of $75.62.

MTX Analyst Ratings

Buy

According to 9 Wall Street analysts, Minerals's rating consensus is 'Buy'. The analyst rating breakdown for MTX stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 3 'Hold' (33.33%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Minerals Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 05, 2024Michael HarrisonSeaport Global$90.00$69.1830.10%19.02%

The latest Minerals stock forecast, released on Feb 05, 2024 by Michael Harrison from Seaport Global, set a price target of $90.00, which represents a 30.10% increase from the stock price at the time of the forecast ($69.18), and a 19.02% increase from MTX last price ($75.62).

Minerals Price Target by Period

1M3M12M
# Anlaysts--1
Avg Price Target--$90.00
Last Closing Price$75.62$75.62$75.62
Upside/Downside-100.00%-100.00%19.02%

In the current month, the average price target of Minerals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Minerals's last price of $75.62. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Feb 05, 2024Seaport GlobalNeutralBuyUpgrade
Jul 31, 2023Piper SandlerOverweightUpgrade
Jul 31, 2023Raymond JamesMarket PerformDowngrade
Jul 31, 2023Tudor PickeringBuyUpgrade
Jul 31, 2023WedbushOutperformUpgrade
Jul 31, 2023Deutsche BankBuyUpgrade
Jul 31, 2023BarclaysUnderweightDowngrade
Jul 31, 2023OppenheimerPerformDowngrade
Jul 31, 2023Credit SuisseNeutralDowngrade
Jul 31, 2023JefferiesUnderperformDowngrade
Jul 31, 2023Seaport GlobalNeutralUpgrade
Feb 03, 2023Sidoti & Co.NeutralDowngrade

Minerals's last stock rating was published by Seaport Global on Feb 05, 2024. The company Upgrade its MTX rating from "Neutral" to "Buy".

Minerals Financial Forecast

Minerals Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$547.80M$551.50M$546.10M$507.60M$541.90M$557.00M$519.10M$476.90M$473.20M$455.60M$452.60M$431.80M$388.30M$357.20M$417.50M$440.20M$449.30M
Avg Forecast$574.40M$581.10M$593.40M$576.20M$554.83M$556.50M$566.87M$550.13M$524.15M$536.08M$561.60M$545.55M$506.67M$551.85M$567.08M$527.73M$516.83M$533.17M$533.60M$510.00M$488.90M$473.24M$458.70M$425.63M$387.20M$386.20M$394.07M$427.82M$435.40M$449.43M
High Forecast$577.20M$583.94M$596.30M$579.01M$557.54M$559.22M$569.63M$552.82M$526.50M$538.83M$564.34M$548.21M$509.14M$554.54M$569.84M$530.30M$519.36M$533.17M$533.60M$510.00M$488.90M$473.24M$458.70M$425.63M$387.20M$386.20M$394.07M$427.82M$435.40M$449.43M
Low Forecast$571.93M$578.60M$590.85M$573.72M$552.45M$554.10M$564.43M$547.77M$521.80M$533.33M$559.18M$543.20M$504.49M$549.47M$564.63M$525.45M$514.61M$533.17M$533.60M$510.00M$488.90M$473.24M$458.70M$425.63M$387.20M$386.20M$394.07M$427.82M$435.40M$449.43M
# Analysts111111123111111111111111999955
Surprise %-------------0.99%0.97%1.03%0.98%1.02%1.04%1.02%0.98%1.00%0.99%1.06%1.12%1.01%0.91%0.98%1.01%1.00%

Minerals's average Quarter revenue forecast for Dec 23 based on 1 analysts is $506.67M, with a low forecast of $504.49M, and a high forecast of $509.14M. MTX's average Quarter revenue forecast represents a -7.51% decrease compared to the company's last Quarter revenue of $547.80M (Sep 23).

Minerals EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123111111111111111999955
EBITDA-------------$77.00M$49.90M$62.00M$41.30M$67.00M$94.50M$91.60M$82.80M$83.20M$84.00M$82.80M$72.30M$69.30M$46.80M$80.50M$69.50M$69.70M
Avg Forecast$94.07M$95.17M$97.18M$94.37M$90.87M$91.14M$92.84M$90.10M$85.84M$87.80M$91.98M$97.61M$82.98M$90.38M$92.87M$88.74M$88.07M$71.61M$71.66M$80.67M$65.66M$63.56M$61.61M$73.34M$52.00M$51.87M$52.92M$65.25M$58.48M$60.36M
High Forecast$94.53M$95.63M$97.66M$94.83M$91.31M$91.59M$93.29M$90.54M$86.23M$88.25M$92.43M$117.13M$83.38M$90.82M$93.33M$106.49M$105.68M$71.61M$71.66M$96.81M$65.66M$63.56M$61.61M$88.00M$52.00M$51.87M$52.92M$78.30M$58.48M$60.36M
Low Forecast$93.67M$94.76M$96.77M$93.96M$90.48M$90.75M$92.44M$89.71M$85.46M$87.35M$91.58M$78.09M$82.62M$89.99M$92.47M$70.99M$70.46M$71.61M$71.66M$64.54M$65.66M$63.56M$61.61M$58.67M$52.00M$51.87M$52.92M$52.20M$58.48M$60.36M
Surprise %-------------0.85%0.54%0.70%0.47%0.94%1.32%1.14%1.26%1.31%1.36%1.13%1.39%1.34%0.88%1.23%1.19%1.15%

1 analysts predict MTX's average Quarter EBITDA for Dec 23 to be $82.98M, with a high of $83.38M and a low of $82.62M. This is 7.77% upper than Minerals's previous annual EBITDA (Sep 23) of $77.00M.

Minerals Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123111111111111111999955
Net Income-------------$-19.20M$26.60M$37.00M$20.00M$13.40M$44.90M$44.10M$41.10M$41.40M$41.90M$39.90M$31.10M$28.30M$14.40M$38.60M$29.00M$38.00M
Avg Forecast$62.18M$65.25M$67.67M$61.85M$53.40M$56.42M$58.79M$52.11M$45.06M$48.53M$51.76M$47.04M$40.38M$42.47M$40.78M$42.76M$43.82M$45.20M$47.06M$38.87M$39.33M$40.31M$40.34M$35.34M$29.60M$28.25M$24.73M$31.29M$29.38M$32.72M
High Forecast$62.57M$65.66M$68.10M$62.25M$53.74M$56.78M$59.16M$52.44M$45.34M$49.16M$51.77M$56.45M$40.70M$43.66M$41.91M$51.31M$52.59M$47.20M$47.06M$46.65M$39.33M$40.33M$40.34M$42.41M$29.60M$28.25M$24.73M$37.54M$29.38M$32.72M
Low Forecast$61.83M$64.88M$67.29M$61.51M$53.10M$56.10M$58.46M$51.82M$44.73M$47.90M$51.75M$37.63M$40.05M$41.29M$39.65M$34.21M$35.06M$43.20M$47.06M$31.10M$39.33M$40.28M$40.34M$28.27M$29.60M$28.25M$24.73M$25.03M$29.38M$32.72M
Surprise %--------------0.45%0.65%0.87%0.46%0.30%0.95%1.13%1.04%1.03%1.04%1.13%1.05%1.00%0.58%1.23%0.99%1.16%

Minerals's average Quarter net income forecast for Sep 23 is $42.47M, with a range of $41.29M to $43.66M. MTX's average Quarter net income forecast represents a 59.68% increase compared to the company's last Quarter net income of $26.60M (Jun 23).

Minerals SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123111111111111111999955
SG&A-------------$50.90M-$52.30M$48.50M$46.00M$48.80M$48.80M$46.30M$45.50M$46.40M$48.00M$49.20M$42.10M$41.80M$43.40M$49.30M$46.90M
Avg Forecast$57.54M$58.21M$59.44M$57.72M$55.58M$55.75M$56.79M$55.11M$52.51M$53.70M$56.26M$56.59M$50.76M$55.28M$56.81M$51.44M$49.25M$52.79M$52.83M$46.77M$48.40M$46.85M$45.41M$42.51M$38.33M$38.24M$39.01M$35.18M$43.11M$44.50M
High Forecast$57.82M$58.50M$59.73M$58.00M$55.85M$56.02M$57.06M$55.38M$52.74M$53.98M$56.53M$67.90M$51.00M$55.55M$57.08M$61.73M$59.10M$52.79M$52.83M$56.12M$48.40M$46.85M$45.41M$51.02M$38.33M$38.24M$39.01M$42.21M$43.11M$44.50M
Low Forecast$57.29M$57.96M$59.19M$57.47M$55.34M$55.51M$56.54M$54.87M$52.27M$53.43M$56.02M$45.27M$50.54M$55.04M$56.56M$41.15M$39.40M$52.79M$52.83M$37.41M$48.40M$46.85M$45.41M$34.01M$38.33M$38.24M$39.01M$28.14M$43.11M$44.50M
Surprise %-------------0.92%-1.02%0.98%0.87%0.92%1.04%0.96%0.97%1.02%1.13%1.28%1.10%1.07%1.23%1.14%1.05%

Minerals's average Quarter SG&A projection for Dec 23 is $50.76M, based on 1 Wall Street analysts, with a range of $50.54M to $51.00M. The forecast indicates a -0.28% fall compared to MTX last annual SG&A of $50.90M (Sep 23).

Minerals EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123111111111111111999955
EPS-------------$-0.59$0.82$1.35$0.62$0.41$1.37$1.33$1.23$1.24$1.24$1.18$0.91$0.83$0.42$1.12$0.83$1.09
Avg Forecast$1.93$2.02$2.10$1.92$1.65$1.75$1.82$1.61$1.40$1.50$1.60$1.28$1.25$1.31$1.26$1.04$1.19$1.40$1.45$1.25$1.21$1.24$1.25$1.05$0.91$0.87$0.76$0.95$0.91$1.01
High Forecast$1.94$2.03$2.11$1.93$1.66$1.76$1.83$1.62$1.40$1.52$1.60$1.29$1.26$1.35$1.30$1.05$1.20$1.46$1.45$1.25$1.21$1.24$1.25$1.05$0.91$0.87$0.76$0.95$0.91$1.01
Low Forecast$1.91$2.01$2.08$1.90$1.64$1.74$1.81$1.60$1.38$1.48$1.60$1.27$1.24$1.28$1.23$1.04$1.19$1.33$1.45$1.25$1.21$1.24$1.25$1.05$0.91$0.87$0.76$0.95$0.91$1.01
Surprise %--------------0.45%0.65%1.29%0.52%0.29%0.94%1.06%1.01%1.00%1.00%1.12%1.00%0.95%0.55%1.18%0.92%1.08%

According to 1 Wall Street analysts, Minerals's projected average Quarter EPS for Sep 23 is $1.31, with a low estimate of $1.28 and a high estimate of $1.35. This represents a 60.37% increase compared to MTX previous annual EPS of $0.82 (Jun 23).

Minerals Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NTICNorthern Technologies$14.32$20.0039.66%Sell
KWRQuaker Chemical$148.04$192.5030.03%Buy
CBTCabot$100.09$127.0026.89%Hold
FULH.B. Fuller Company$71.97$85.6018.94%Buy
MTXMinerals$78.82$90.0014.18%Buy
SXTSensient$76.46$85.0011.17%

MTX Forecast FAQ

Is Minerals a good buy?

Yes, according to 9 Wall Street analysts, Minerals (MTX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of MTX's total ratings.

What is MTX's price target?

Minerals (MTX) average price target is $90 with a range of $90 to $90, implying a 19.02% from its last price of $75.62. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Minerals stock go up soon?

According to Wall Street analysts' prediction for MTX stock, the company can go up by 19.02% (from the last price of $75.62 to the average price target of $90), up by 19.02% based on the highest stock price target, and up by 19.02% based on the lowest stock price target.

Can Minerals stock reach $110?

MTX's average twelve months analyst stock price target of $90 does not support the claim that Minerals can reach $110 in the near future.

What are Minerals's analysts' financial forecasts?

Minerals's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.23B (high $2.24B, low $2.22B), average EBITDA is $364.95M (high $366.73M, low $363.38M), average net income is $220.72M (high $222.12M, low $219.48M), average SG&A $223.22M (high $224.31M, low $222.26M), and average EPS is $6.83 (high $6.88, low $6.8). MTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.33B (high $2.34B, low $2.32B), average EBITDA is $380.8M (high $382.65M, low $379.16M), average net income is $256.95M (high $258.58M, low $255.51M), average SG&A $232.92M (high $234.05M, low $231.91M), and average EPS is $7.96 (high $8.01, low $7.91).

Did the MTX's actual financial results beat the analysts' financial forecasts?

Based on Minerals's last annual report (Dec 2023), the company's revenue was $2.17B, beating the average analysts forecast of $2.15B by 0.77%. Apple's EBITDA was $171.8M, missing the average prediction of $354.97M by -51.60%. The company's net income was $84.1M, missing the average estimation of $166.39M by -49.46%. Apple's SG&A was $0, missing the average forecast of $214.29M by -100.00%. Lastly, the company's EPS was $2.59, missing the average prediction of $4.87 by -46.82%. In terms of the last quarterly report (Sep 2023), Minerals's revenue was $547.8M, missing the average analysts' forecast of $551.85M by -0.73%. The company's EBITDA was $77M, missing the average prediction of $90.38M by -14.80%. Minerals's net income was $-19.2M, missing the average estimation of $42.47M by -145.20%. The company's SG&A was $50.9M, missing the average forecast of $55.28M by -7.93%. Lastly, the company's EPS was $-0.59, missing the average prediction of $1.31 by -144.87%