Tronox Holdings PLC (NYSE:TROX – Get Free Report)’s stock price gapped up prior to trading on Thursday after Truist Financial upgraded the stock from a sell rating to a hold rating. The stock had previously closed at $7.15, but opened at $7.58. Truist Financial now has a $7.00 price target on the stock. Tronox shares last traded at $7.62, with a volume of 210,425 shares changing hands.
Several other equities analysts have also issued reports on the stock. Wall Street Zen lowered shares of Tronox from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Mizuho lifted their price target on Tronox from $4.50 to $5.00 and gave the company an “underperform” rating in a report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft set a $10.00 price target on Tronox in a research report on Wednesday, May 20th. The Goldman Sachs Group lowered Tronox from a “buy” rating to a “sell” rating and set a $9.00 target price on the stock. in a research note on Tuesday, May 12th. Finally, Zacks Research upgraded shares of Tronox from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $6.63.
View Our Latest Analysis on TROX
Institutional Trading of Tronox
Tronox Stock Performance
The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -2.63 and a beta of 0.76. The company has a current ratio of 2.42, a quick ratio of 0.66 and a debt-to-equity ratio of 2.36. The firm has a 50-day moving average of $8.77 and a 200-day moving average of $6.97.
Tronox (NYSE:TROX – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.07). The firm had revenue of $760.00 million for the quarter, compared to analyst estimates of $751.38 million. Tronox had a negative return on equity of 19.93% and a negative net margin of 15.82%.The business’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.15) EPS. As a group, sell-side analysts predict that Tronox Holdings PLC will post -1.17 earnings per share for the current year.
Tronox Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Monday, May 11th will be given a $0.05 dividend. The ex-dividend date is Monday, May 11th. This represents a $0.20 dividend on an annualized basis and a yield of 2.6%. Tronox’s dividend payout ratio is currently -6.85%.
Tronox Company Profile
Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.
Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.
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