Tronox (NYSE:TROX - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $690.94 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Tronox Trading Down 2.9 %
Shares of TROX stock traded down $0.30 during trading hours on Friday, reaching $9.92. The company's stock had a trading volume of 796,271 shares, compared to its average volume of 1,091,989. The stock has a market capitalization of $1.57 billion, a P/E ratio of -20.66 and a beta of 1.60. Tronox has a one year low of $8.73 and a one year high of $20.70. The firm's fifty day simple moving average is $10.31 and its 200 day simple moving average is $12.20. The company has a current ratio of 2.72, a quick ratio of 0.90 and a debt-to-equity ratio of 1.42.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on TROX shares. Barclays cut their price objective on Tronox from $18.00 to $16.00 and set an "overweight" rating on the stock in a research report on Monday, October 28th. Truist Financial started coverage on Tronox in a research report on Tuesday, January 28th. They set a "buy" rating and a $17.00 price target on the stock. The Goldman Sachs Group dropped their price target on Tronox from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. BMO Capital Markets dropped their price target on Tronox from $21.00 to $17.00 and set an "outperform" rating on the stock in a research report on Tuesday, October 29th. Finally, Morgan Stanley dropped their price target on Tronox from $16.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Tronox currently has a consensus rating of "Moderate Buy" and an average target price of $16.57.
Read Our Latest Stock Analysis on Tronox
About Tronox
(
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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.
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