Tronox (TROX) to Release Earnings on Thursday

Tronox (NYSE:TROX) is anticipated to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Tronox to post earnings of $0.06 per share and revenue of $693.27 million for the quarter. Tronox has set its FY 2025 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

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

Tronox Price Performance

Shares of NYSE TROX opened at $8.01 on Wednesday. The stock has a market capitalization of $1.26 billion, a PE ratio of -16.68 and a beta of 1.60. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.72 and a quick ratio of 0.90. The business has a fifty day moving average price of $9.89 and a two-hundred day moving average price of $11.84. Tronox has a fifty-two week low of $7.72 and a fifty-two week high of $20.70.

Tronox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 3rd will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 6.25%. Tronox’s dividend payout ratio is presently -104.16%.

Analyst Ratings Changes

Several brokerages have weighed in on TROX. Morgan Stanley dropped their price objective on Tronox from $16.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. UBS Group reduced their price objective on Tronox from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. BMO Capital Markets reduced 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. The Goldman Sachs Group reduced 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. Finally, Barclays dropped their price objective on Tronox from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Monday, October 28th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.57.

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.