Minerals (MTX) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

MTX Stock Forecast

Minerals stock forecast is as follows: an average price target of $90.00 (represents a 15.87% upside from MTX’s last price of $77.67) 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 15.87% upside from MTX's last price of $77.67.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Feb 05, 2024	Michael Harrison	Seaport Global	$90.00	$69.18	30.10%	15.87%

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 15.87% increase from MTX last price ($77.67).

Minerals Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$90.00
Last Closing Price	$77.67	$77.67	$77.67
Upside/Downside	-100.00%	-100.00%	15.87%

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 $77.67. 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

Date	Company	Previous Rating	New Rating	Rating Change
Feb 05, 2024	Seaport Global	Neutral	Buy	Upgrade
Jul 31, 2023	Piper Sandler		Overweight	Upgrade
Jul 31, 2023	Raymond James		Market Perform	Downgrade
Jul 31, 2023	Tudor Pickering		Buy	Upgrade
Jul 31, 2023	Wedbush		Outperform	Upgrade
Jul 31, 2023	Deutsche Bank		Buy	Upgrade
Jul 31, 2023	Barclays		Underweight	Downgrade
Jul 31, 2023	Oppenheimer		Perform	Downgrade
Jul 31, 2023	Credit Suisse		Neutral	Downgrade
Jul 31, 2023	Jefferies		Underperform	Downgrade
Jul 31, 2023	Seaport Global		Neutral	Upgrade
Feb 03, 2023	Sidoti & Co.		Neutral	Downgrade

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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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	$560.86M	$567.58M	$575.64M	$559.99M	$542.78M	$545.80M	$556.31M	$544.49M	$522.23M	$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	$566.95M	$573.74M	$581.89M	$566.07M	$548.67M	$551.73M	$562.35M	$550.40M	$527.25M	$538.83M	$567.70M	$551.47M	$512.17M	$557.84M	$573.23M	$533.46M	$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	$554.77M	$561.41M	$569.38M	$553.91M	$536.88M	$539.87M	$550.27M	$538.58M	$517.22M	$533.33M	$555.50M	$539.63M	$501.16M	$545.86M	$560.92M	$521.99M	$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
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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 $501.16M, and a high forecast of $512.17M. 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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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	$91.86M	$92.96M	$94.28M	$91.71M	$88.89M	$89.39M	$91.11M	$89.17M	$85.53M	$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	$92.85M	$93.96M	$95.30M	$92.71M	$89.86M	$90.36M	$92.10M	$90.14M	$86.35M	$88.25M	$92.98M	$117.13M	$83.88M	$91.36M	$93.88M	$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	$90.86M	$91.95M	$93.25M	$90.72M	$87.93M	$88.42M	$90.12M	$88.21M	$84.71M	$87.35M	$90.98M	$78.09M	$82.08M	$89.40M	$91.86M	$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 $83.88M and a low of $82.08M. This is 7.77% upper than Minerals's previous annual EBITDA (Sep 23) of $77.00M.

Minerals Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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	$59.65M	$62.91M	$66.21M	$59.39M	$51.36M	$54.75M	$58.46M	$50.39M	$44.68M	$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	$60.49M	$63.80M	$67.15M	$60.23M	$52.08M	$55.52M	$59.29M	$51.10M	$45.01M	$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	$58.80M	$62.02M	$65.28M	$58.55M	$50.63M	$53.98M	$57.64M	$49.68M	$44.03M	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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	$56.18M	$56.86M	$57.66M	$56.10M	$54.37M	$54.68M	$55.73M	$54.54M	$52.31M	$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	$56.79M	$57.47M	$58.29M	$56.71M	$54.96M	$55.27M	$56.33M	$55.14M	$52.82M	$53.98M	$56.87M	$67.90M	$51.31M	$55.88M	$57.42M	$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	$55.57M	$56.24M	$57.04M	$55.49M	$53.78M	$54.08M	$55.12M	$53.95M	$51.81M	$53.43M	$55.65M	$45.27M	$50.20M	$54.68M	$56.19M	$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 $50.20M to $51.31M. The forecast indicates a -0.28% fall compared to MTX last annual SG&A of $50.90M (Sep 23).

Minerals EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	5	5
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	$1.85	$1.95	$2.05	$1.84	$1.59	$1.70	$1.81	$1.56	$1.38	$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	$1.87	$1.98	$2.08	$1.86	$1.61	$1.72	$1.84	$1.58	$1.39	$1.52	$1.60	$1.30	$1.26	$1.35	$1.30	$1.06	$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	$1.82	$1.92	$2.02	$1.81	$1.57	$1.67	$1.78	$1.54	$1.36	$1.48	$1.60	$1.26	$1.24	$1.28	$1.23	$1.03	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NTIC	Northern Technologies	$12.13	$20.00	64.88%	Sell
CBT	Cabot	$87.80	$127.00	44.65%	Hold
KWR	Quaker Chemical	$142.01	$195.00	37.31%	Buy
FUL	H.B. Fuller	$62.88	$85.60	36.13%	Buy
MTX	Minerals	$77.67	$90.00	15.87%	Buy
SXT	Sensient	$76.13	$85.00	11.65%

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 15.87% from its last price of $77.67. 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 15.87% (from the last price of $77.67 to the average price target of $90), up by 15.87% based on the highest stock price target, and up by 15.87% based on the lowest stock price target.

Can Minerals stock reach $120?

MTX's average twelve months analyst stock price target of $90 does not support the claim that Minerals can reach $120 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 $2.19B (high $2.21B, low $2.17B), average EBITDA is $358.57M (high $362.46M, low $354.67M), average net income is $214.96M (high $217.99M, low $211.92M), average SG&A $219.32M (high $221.7M, low $216.94M), and average EPS is $6.66 (high $6.75, low $6.56). MTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.26B (high $2.29B, low $2.24B), average EBITDA is $370.8M (high $374.83M, low $366.77M), average net income is $248.16M (high $251.66M, low $244.66M), average SG&A $226.8M (high $229.27M, low $224.34M), and average EPS is $7.68 (high $7.79, low $7.57).

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%