Tronox (NYSE:TROX) Posts Earnings Results, Misses Expectations By $0.03 EPS

Tronox (NYSE:TROX) posted its quarterly earnings data on Wednesday. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03), Zacks reports. Tronox had a negative return on equity of 3.91% and a negative net margin of 2.40%. Tronox updated its FY 2025 guidance to EPS.

Tronox Trading Down 1.2 %

Shares of Tronox stock traded down $0.12 during trading hours on Wednesday, hitting $9.83. The company’s stock had a trading volume of 1,374,628 shares, compared to its average volume of 1,237,033. The company has a quick ratio of 0.90, a current ratio of 2.72 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $1.55 billion, a PE ratio of -20.48 and a beta of 1.60. The business has a fifty day moving average of $10.22 and a 200 day moving average of $12.09. Tronox has a 1-year low of $8.73 and a 1-year high of $20.70.

Analyst Ratings Changes

Several brokerages have weighed in on TROX. Barclays cut their price target on Tronox from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Monday, October 28th. BMO Capital Markets reduced their target price 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 lowered their price target on Tronox from $15.00 to $13.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. Morgan Stanley cut their price objective on shares of Tronox from $16.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Finally, Truist Financial assumed coverage on shares of Tronox in a research report on Tuesday, January 28th. They issued a “buy” rating and a $17.00 target price on the stock. Three equities research 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 has an average rating of “Moderate Buy” and a consensus target price of $16.57.

About Tronox

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.