Tronox (TROX) Stock Price, News & Analysis

Company Overview

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. The company's products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications. Tronox Holdings plc is based in Stamford, Connecticut.

Key Stats

• Today's Range: $11.28 to $11.78
• 50-Day Range: $10.88 to $14.75
• 52-Week Range: $10.69 to $20.70
• Volume: 895,975 shs
• Average Volume: 1.24 million shs
• Market Capitalization: $1.84 billion
• P/E Ratio: N/A
• Dividend Yield: 4.28%
• Price Target: $18.00
• Consensus Rating: Moderate Buy

Tronox Stock Analysis - MarketRank™

Tronox scored higher than 85% of companies evaluated by MarketBeat, and ranked 49th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tronox has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Tronox has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Tronox are expected to grow in the coming year, from ($0.04) to $0.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tronox is -24.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tronox is -24.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Tronox has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.44% of the float of Tronox has been sold short.

Short Interest Ratio / Days to Cover

Tronox has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Tronox has recently decreased by 10.77%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Tronox is a leading dividend payer. It pays a dividend yield of 4.53%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Tronox does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Tronox will have a dividend payout ratio of 63.29% next year. This indicates that Tronox will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -4.43

Percentage of Shares Shorted

5.44% of the float of Tronox has been sold short.

Short Interest Ratio / Days to Cover

Tronox has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Tronox has recently decreased by 10.77%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.38

News Sentiment

Tronox has a news sentiment score of 1.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tronox this week, compared to 4 articles on an average week.

Search Interest

6 people have searched for TROX on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

9 people have added Tronox to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tronox insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.60% of the stock of Tronox is held by insiders.

Percentage Held by Institutions

73.36% of the stock of Tronox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TROX Stock Analysis - Frequently Asked Questions

How have TROX shares performed this year?

Tronox's stock was trading at $14.16 on January 1st, 2024. Since then, TROX shares have decreased by 17.5% and is now trading at $11.68.
View the best growth stocks for 2024 here.

How were Tronox's earnings last quarter?

Tronox Holdings plc (NYSE:TROX) issued its quarterly earnings results on Thursday, October, 24th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.30. Tronox's revenue for the quarter was up 21.5% compared to the same quarter last year.

Who are Tronox's major shareholders?

Tronox's top institutional investors include FMR LLC (15.07%), Thrivent Financial for Lutherans (2.74%), State Street Corp (1.75%) and Geode Capital Management LLC (1.72%). Insiders that own company stock include Jean Francois Turgeon, Timothy C Carlson, Jeffrey N Neuman, John Srivisal, Vanessa Ann Guthrie and Jonathan Flood.
View institutional ownership trends.

How do I buy shares of Tronox?

Shares of TROX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tronox own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tronox investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/26/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 10/24/2024
• Ex-Dividend for 12/13 Dividend: 11/08/2024
• Today: 11/20/2024
• Dividend Payable: 12/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Industrial inorganic chemicals
• Sub-Industry: Chemicals
• Current Symbol: NYSE:TROX
• CUSIP: N/A
• CIK: 1530804
• Web: www.tronox.com
• Phone: (203) 705-3800
• Fax: 203-705-3703
• Employees: 6,500
• Year Founded: 2005

Price Target and Rating

• Average Stock Price Target: $18.00
• High Stock Price Target: $22.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +54.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.48)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-316,000,000.00
• Net Margins: -2.40%
• Pretax Margin: 0.84%
• Return on Equity: -3.91%
• Return on Assets: -1.24%

Debt

• Debt-to-Equity Ratio: 1.42
• Current Ratio: 2.72
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $2.85 billion
• Price / Sales: 0.65
• Cash Flow: $1.76 per share
• Price / Cash Flow: 6.65
• Book Value: $12.63 per share
• Price / Book: 0.92

Miscellaneous

• Outstanding Shares: 157,930,000
• Free Float: 155,398,000
• Market Cap: $1.84 billion
• Optionable: Optionable
• Beta: 1.66