Tronox (TROX) to Release Quarterly Earnings on Wednesday

Tronox (NYSE:TROX - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $745.96 million for the quarter. Tronox has set its FY 2025 guidance at EPS.

Tronox (NYSE:TROX - Get Free Report) last posted its 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 0.63% and a negative net margin of 1.56%. On average, analysts expect Tronox to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tronox Stock Up 6.4 %

Shares of TROX opened at $5.47 on Wednesday. The stock has a market capitalization of $863.92 million, a price-to-earnings ratio of -17.64 and a beta of 1.53. Tronox has a 52 week low of $4.35 and a 52 week high of $20.70. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.90 and a current ratio of 2.47. The stock has a fifty day moving average of $6.69 and a 200-day moving average of $9.68.

Tronox Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 9.14%. The ex-dividend date was Monday, March 3rd. Tronox's payout ratio is -161.29%.

Insider Buying and Selling at Tronox

In other Tronox news, Director Stephen J. Jones purchased 30,000 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were purchased at an average cost of $7.17 per share, with a total value of $215,100.00. Following the completion of the purchase, the director now owns 30,000 shares in the company, valued at $215,100. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Tronox from $16.00 to $12.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Mizuho cut their price target on shares of Tronox from $11.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. UBS Group decreased their price objective on Tronox from $16.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, February 13th. The Goldman Sachs Group cut their target price on Tronox from $13.00 to $11.50 and set a "buy" rating on the stock in a report on Wednesday, February 26th. Finally, Truist Financial reduced their price target on Tronox from $14.00 to $10.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $12.93.

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.

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