Tronox (TROX) to Release Earnings on Thursday

Tronox (NYSE:TROX) will likely be posting its quarterly earnings results 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.Parties interested in participating in the company’s conference call can do so using this link.

Tronox (NYSE:TROX) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 EPS 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 Up 2.2 %

NYSE:TROX opened at $8.01 on Wednesday. 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 company has a market cap of $1.26 billion, a PE ratio of -16.68 and a beta of 1.60. Tronox has a 52-week low of $7.72 and a 52-week high of $20.70. The stock has a 50-day simple moving average of $9.89 and a 200 day simple moving average of $11.84.

Tronox Announces Dividend

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

Analyst Ratings Changes

A number of research firms have weighed in on TROX. Barclays decreased their price target on Tronox from $18.00 to $16.00 and set an “overweight” rating for the company in a research note on Monday, October 28th. BMO Capital Markets reduced their target price on Tronox from $21.00 to $17.00 and set an “outperform” rating for the company in a research note on Tuesday, October 29th. UBS Group reduced their target price on Tronox from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, February 13th. Morgan Stanley reduced their target price on Tronox from $16.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, Truist Financial reduced their target price on Tronox from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.