Tronox (TROX) Projected to Post Quarterly Earnings on Thursday

Tronox (NYSE:TROX - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $693.27 million for the quarter. Tronox has set its FY 2025 guidance at EPS.Investors that are interested in registering for the company's conference call can do so using this link.

Tronox (NYSE:TROX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.03). Tronox had a negative return on equity of 3.91% and a negative net margin of 2.40%. On average, analysts expect Tronox to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tronox Stock Down 10.8 %

Shares of NYSE TROX traded down $0.95 during mid-day trading on Friday, reaching $7.81. The company had a trading volume of 3,548,957 shares, compared to its average volume of 1,091,989. Tronox has a twelve month low of $7.72 and a twelve month high of $20.70. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.90 and a current ratio of 2.72. The stock has a market capitalization of $1.23 billion, a PE ratio of -16.26 and a beta of 1.60. The stock's 50 day moving average is $10.04 and its 200-day moving average is $11.94.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TROX shares. BMO Capital Markets dropped their price target on shares of Tronox from $21.00 to $17.00 and set an "outperform" rating on the stock in a research note on Tuesday, October 29th. Morgan Stanley dropped their price target on shares of Tronox from $16.00 to $12.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. UBS Group decreased their price objective on shares of Tronox from $16.00 to $15.00 and set a "buy" rating for the company in a report on Thursday. Barclays decreased their price objective on shares of Tronox from $18.00 to $16.00 and set an "overweight" rating for the company in a report on Monday, October 28th. Finally, Truist Financial initiated coverage on shares of Tronox in a report on Tuesday, January 28th. They issued a "buy" rating and a $17.00 price objective for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $16.00.

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.