10 Best Beaten Down Stocks to Buy According to Analysts

4. Minerals Technologies Inc. (NYSE:MTX)

Stock Price as of March 21: $65.13

Average Upside Potential: ~48.7%

52-week Low: $64.30

Number of Hedge Fund Holders: 24

Minerals Technologies Inc. (NYSE:MTX) is engaged in developing, producing, and marketing various mineral, mineral-based, and related systems and services. It has outlined its strategic initiatives, demonstrating a transition towards consumer markets and a healthy cash flow generation. While the broader industrial sector has been witnessing some challenges, Minerals Technologies Inc. (NYSE:MTX) remains optimistic regarding long-term growth prospects and financial stability. The company expects industrial recovery in the steel and foundry sectors by Q2 2025, while the environmental and infrastructure segment is expected to improve by 2025. Minerals Technologies Inc. (NYSE:MTX) has made strong progress on its growth strategies through the introduction of new products and technologies and the expansion in strategic regions.

Furthermore, the company has strengthened positions throughout its product lines. Truist analyst Peter Osterland initiated coverage of Minerals Technologies Inc. (NYSE:MTX)’s stock with a “Buy” rating and a price objective of $103. The firm opines that the company’s differentiated mineral reserves, engineering capabilities, and technical know-how, together with strong market positions in core products, exhibit a competitive moat. Minerals Technologies Inc. (NYSE:MTX) happens to be a very strong cash flow generator that offers a lot of optionality regarding shareholder returns and growth. Notably, for FY 2024, its cash flow from operations came in at $236 million, while FCF was $147 million.