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MTX - Minerals Technologies: Strong Financials Performance With An Attractive Valuation
Minerals Technologies Inc.
2024-02-08 01:18:48 ET
Summary
Minerals Technologies Inc. is a leading mineral product and services provider with consistent profit margin expansion and investment in technological advancement.
MTX reported strong Q4 results, with revenues and EPS beating estimates. The Household & Personal Care division outperformed, but Specialty Additives saw a decline.
MTX is trading at a cheap valuation compared to the industry, with a favorable risk-reward profile and a potential 26% upside in the stock price.