Kronos Worldwide Inc (NYSE:KRO - Get Free Report) dropped 7.2% on Monday . The company traded as low as $7.36 and last traded at $7.3150. Approximately 149,755 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 335,508 shares. The stock had previously closed at $7.88.
Wall Street Analysts Forecast Growth
KRO has been the subject of a number of recent research reports. Wall Street Zen upgraded Kronos Worldwide from a "sell" rating to a "hold" rating in a report on Saturday, April 25th. Zacks Research downgraded Kronos Worldwide from a "hold" rating to a "strong sell" rating in a report on Friday, March 13th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Kronos Worldwide in a report on Friday, March 27th. Four analysts have rated the stock with a Sell rating, According to data from MarketBeat, Kronos Worldwide has a consensus rating of "Strong Sell" and a consensus price target of $6.00.
Read Our Latest Analysis on Kronos Worldwide
Kronos Worldwide Stock Performance
The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.99 and a current ratio of 2.70. The stock has a fifty day simple moving average of $6.14 and a two-hundred day simple moving average of $5.46. The stock has a market capitalization of $851.95 million, a price-to-earnings ratio of -7.71 and a beta of 1.00.
Kronos Worldwide (NYSE:KRO - Get Free Report) last issued its quarterly earnings results on Monday, March 9th. The specialty chemicals company reported ($0.72) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.46). Kronos Worldwide had a negative return on equity of 11.72% and a negative net margin of 5.96%.The business had revenue of $418.30 million for the quarter, compared to analyst estimates of $373.26 million. Analysts forecast that Kronos Worldwide Inc will post -0.33 earnings per share for the current fiscal year.
Kronos Worldwide Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, March 10th. Kronos Worldwide's dividend payout ratio (DPR) is presently -20.83%.
Institutional Trading of Kronos Worldwide
A number of large investors have recently bought and sold shares of the business. State of Alaska Department of Revenue bought a new position in shares of Kronos Worldwide during the 3rd quarter worth about $30,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Kronos Worldwide during the 3rd quarter worth about $40,000. Raymond James Financial Inc. bought a new position in shares of Kronos Worldwide during the 2nd quarter worth about $42,000. Jain Global LLC bought a new position in shares of Kronos Worldwide during the 4th quarter worth about $46,000. Finally, Susquehanna Portfolio Strategies LLC bought a new position in shares of Kronos Worldwide during the 4th quarter worth about $53,000. 15.11% of the stock is currently owned by institutional investors and hedge funds.
Kronos Worldwide Company Profile
(
Get Free Report)
Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.
In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.
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