Truist Financial Maintains a Buy Rating on Minerals Technologies (MTX)

Minerals Technologies Inc. (NYSE:MTX) is one of the most undervalued small cap stocks to invest in now. Truist Financial analyst Pete Osterland reiterated a Buy rating on Minerals Technologies Inc. (NYSE:MTX) on October 24, setting an $84 price target.

The rating update came after the company reported its fiscal Q3 2025 results on October 23, reporting worldwide net sales of $532 million, up 1% sequentially and up 1% year-over-year.

Reported operating income for the quarter was $71 million, or $78 million excluding special items, reflecting a 1% drop sequentially and year-over-year. Operating margin, excluding special items, was 14.7% of sales.

Minerals Technologies Inc. (NYSE:MTX) also reported $71 million in cash flow from operations, while free cash flow came up to $44 million. EPS for fiscal Q3 was $1.37, or $1.55 excluding special items, setting a third-quarter record for the company.

Minerals Technologies Inc. (NYSE:MTX) is a resource and technology-based company that provides mineral, mineral-based, and synthetic mineral products. The company’s operations are divided into the Consumer and Specialties and Engineered Solutions segments.

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Disclosure: None. This article is originally published at Insider Monkey.