Minerals Technologies (MTX)
(Real Time Quote from BATS)
$81.54 USD
-0.36 (-0.44%)
Updated Jul 9, 2024 01:26 PM ET
3-Hold of 5 3
B Value A Growth C Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MTX 81.54 -0.36(-0.44%)
Will MTX be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for MTX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MTX
Minerals Technologies Inc. (MTX) Hit a 52 Week High, Can the Run Continue?
Is Minerals Technologies (MTX) Stock Outpacing Its Basic Materials Peers This Year?
MTX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Minerals Technologies (MTX) is a Great Momentum Stock: Should You Buy?
4 Must-Buy Momentum Stocks Banking on the Driehaus Strategy
Zacks.com featured highlights include M/I Homes, Minerals Technologies, GMS, YPF Sociedad Anonima and ADT
Other News for MTX
GLOBAL BROKER RATINGS: DZ cuts Carl Zeiss, Morgan Stanley cuts 3i
Minerals Technologies Announces Second Quarter 2024 Conference Call
GLOBAL BROKER RATINGS: Bryan Garnier raises Adyen; BofA likes Kering
Deutsche Numis Reaffirms Their Hold Rating on MTU Aero Engines (0FC9)
EXTRA: Airbus nosedives on profit warning and unwelcome space charge