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.

Is Minerals Technologies Inc. (MTX) The Most Undervalued Stock With Smart Money Ratings?

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.

While we acknowledge the potential of MTX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MTX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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