Minerals Technologies Stock Fair Value – Northern Trust Corp Invests $29.16 Million in Minerals Technologies

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Minerals Technologies ($NYSE:MTX) Inc. recently announced an investment of $29.16 million into Northern Trust Corp. This marks an important milestone for Minerals Technologies Inc., which specializes in the production and sale of specialty mineral, mineral-based, and synthetic mineral products for various applications. The company operates through four main segments: Specialty Minerals, Performance Materials, Refractories, and Energy Services. The company’s products are sourced from high-grade natural mineral deposits and include talc, kaolin, calcium carbonate, and other specialty minerals. Minerals Technologies Inc. is committed to sustainability and has established several sustainable business practices to ensure that their operations are environmentally responsible.

They have developed a number of innovative technologies to help reduce their overall energy consumption and emissions, as well as water use. With its investment in Northern Trust Corp., Minerals Technologies Inc. is positioned to continue its growth and success in the global minerals technologies market. With their commitment to sustainability and innovative technologies, they are sure to remain a leader in the industry for years to come.

Share Price

On Friday, Minerals Technologies Inc. (MINERALS TECHNOLOGIES) saw a slight decrease in its stock prices, opening at $64.3 and closing at $63.8, a 0.2% decrease from its prior closing price of $64.0. However, Northern Trust Corp made a major investment in the company, infusing $29.16 million into MINERALS TECHNOLOGIES. It is speculated that this investment is part of Northern Trust’s strategy to increase its investments in the mining industry in order to generate long-term returns for its investors. With this new influx, MINERALS TECHNOLOGIES now has the funds necessary to continue to develop new technologies to extract and process minerals. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Minerals Technologies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Minerals Technologies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Minerals Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Minerals Technologies are shown below. More…

Analysis – Minerals Technologies Stock Fair Value

At GoodWhale, we have done a thorough analysis of MINERALS TECHNOLOGIES‘ fundamentals. Our proprietary Valuation Line has calculated the intrinsic value of MINERALS TECHNOLOGIES share to be around $80.5. However, the current market price of MINERALS TECHNOLOGIES is only $63.8. This implies that the stock is undervalued by 20.7%. Consequently, it may be a good idea for investors to add MINERALS TECHNOLOGIES to their portfolio. More…

Peers

The company’s products are used in a variety of industries including building & construction, transportation, ceramics & glass, and more. The company has a wide range of competitors including Cabot Corp, Borregaard ASA, and Koppers Holdings Inc.

– Cabot Corp ($NYSE:CBT)

Cabot Corporation is a leading global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in five segments: Carbon Black, Reinforcement Materials, Specialty Fluids, Purification Solutions, and Performance Chemicals. Cabot’s products are used in a variety of applications, including tires, plastics, textiles, inks, coatings, and adhesives. The company has approximately 3,700 employees and operates in more than 30 countries.

As of 2022, Cabot Corporation had a market capitalization of 4.15 billion dollars. The company’s return on equity was 27.26%. Cabot Corporation is a leading global specialty chemicals and performance materials company. The company’s products are used in a variety of applications, including tires, plastics, textiles, inks, coatings, and adhesives. Cabot Corporation has approximately 3,700 employees and operates in more than 30 countries.

– Borregaard ASA ($OTCPK:BRRDF)

Borregaard ASA is a Norwegian chemical company. The company produces chemicals and bio-based products derived from wood. Its products are used in a variety of industries, including paper, food and beverage, construction, textiles, and cosmetics. The company has a market cap of 1.42B as of 2022 and a return on equity of 17.66%.

– Koppers Holdings Inc ($NYSE:KOP)

Koppers Holdings Inc is a chemical and wood products company with a market cap of 591.83M as of 2022. The company has a Return on Equity of 26.29%. Koppers Holdings Inc produces a variety of treated wood products, chemicals, and coke. The company’s products are used in a variety of applications, including the construction, transportation, and industrial sectors.

Summary

Minerals Technologies Inc. has recently seen an influx of investment from Northern Trust Corp. with a reported $29.16 million in holdings. This represents a significant increase in investments for the company and suggests confidence in its future prospects. An analysis of the company’s performance suggests a strong track record of consistent revenue and earnings growth, while its balance sheet indicates a strong liquidity position. The company’s return on equity is above the industry average, indicating a high level of profitability.

Its dividend yield is also relatively attractive, providing investors with a steady income stream. Overall, Minerals Technologies Inc. appears to be a solid investment for investors looking for a long-term growth option.