UBS Group Issues Pessimistic Forecast for Tronox (NYSE:TROX) Stock Price

Tronox (NYSE:TROX) had its price target decreased by analysts at UBS Group from $3.90 to $3.80 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 5.12% from the stock’s current price.

A number of other brokerages also recently issued reports on TROX. The Goldman Sachs Group dropped their price target on Tronox from $7.00 to $4.50 and set a “buy” rating for the company in a research report on Thursday, August 7th. Truist Financial lowered their target price on shares of Tronox from $6.00 to $5.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. Mizuho dropped their target price on shares of Tronox from $3.50 to $3.00 and set an “underperform” rating for the company in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Tronox in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Tronox in a research report on Friday, October 3rd. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $4.92.

Tronox Stock Performance

NYSE TROX opened at $3.62 on Tuesday. The company’s 50 day simple moving average is $4.00 and its two-hundred day simple moving average is $4.65. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.10 and a quick ratio of 0.52. Tronox has a 1 year low of $2.86 and a 1 year high of $12.72. The stock has a market capitalization of $573.07 million, a PE ratio of -2.29 and a beta of 1.36.

Tronox (NYSE:TROX) last released its quarterly earnings results on Wednesday, November 5th. The company reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.25). Tronox had a negative net margin of 8.48% and a negative return on equity of 4.83%. The firm had revenue of $699.00 million for the quarter, compared to analysts’ expectations of $776.21 million. During the same quarter last year, the firm earned ($0.13) earnings per share. The firm’s revenue for the quarter was down 13.1% on a year-over-year basis. Tronox has set its Q4 2025 guidance at EPS. Analysts predict that Tronox will post 0.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Tronox by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,574 shares of the company’s stock worth $497,000 after buying an additional 3,042 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Tronox by 48.9% in the second quarter. Public Employees Retirement System of Ohio now owns 9,844 shares of the company’s stock worth $50,000 after buying an additional 3,231 shares during the period. Boston Partners lifted its holdings in Tronox by 3.2% in the first quarter. Boston Partners now owns 111,279 shares of the company’s stock worth $783,000 after buying an additional 3,423 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its position in Tronox by 20.5% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 22,255 shares of the company’s stock valued at $89,000 after acquiring an additional 3,786 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in shares of Tronox by 2.6% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 151,576 shares of the company’s stock worth $609,000 after acquiring an additional 3,828 shares during the period. Institutional investors own 73.36% of the company’s stock.

Tronox Company Profile

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products.