Kronos Worldwide (NYSE:KRO) Upgraded by Wall Street Zen to "Hold" Rating

Key Points

• Wall Street Zen upgraded Kronos Worldwide from a "sell" to a "hold," but the stock's consensus remains a Strong Sell with an average price target of $6.00.
• Kronos reported Q results with EPS of ($0.72) that missed estimates, showing a negative net margin (5.96%) and negative ROE (11.72%); shares trade around $7.11 with a market cap near $818 million and a negative P/E of -7.4.

Kronos Worldwide (NYSE:KRO - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

KRO has been the subject of a number of other research reports. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Kronos Worldwide in a report on Friday, March 27th. Zacks Research lowered Kronos Worldwide from a "hold" rating to a "strong sell" rating in a report on Friday, March 13th. Four research analysts have rated the stock with a Sell rating, Based on data from MarketBeat, Kronos Worldwide currently has an average rating of "Strong Sell" and an average price target of $6.00.

Kronos Worldwide Trading Up 3.9%

Shares of Kronos Worldwide stock opened at $7.11 on Friday. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $7.90. The stock's 50-day simple moving average is $6.06 and its 200 day simple moving average is $5.40. The stock has a market capitalization of $817.78 million, a P/E ratio of -7.40 and a beta of 1.00. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.99 and a current ratio of 2.70.

Kronos Worldwide (NYSE:KRO - Get Free Report) last announced its quarterly earnings data on Monday, March 9th. The specialty chemicals company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.46). Kronos Worldwide had a negative net margin of 5.96% and a negative return on equity of 11.72%. The firm had revenue of $418.30 million during the quarter, compared to the consensus estimate of $373.26 million. As a group, research analysts anticipate that Kronos Worldwide will post -0.33 EPS for the current year.

Institutional Trading of Kronos Worldwide

Several hedge funds and other institutional investors have recently bought and sold shares of KRO. State of Alaska Department of Revenue purchased a new stake in Kronos Worldwide in the third quarter worth approximately $30,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Kronos Worldwide in the third quarter worth $40,000. Raymond James Financial Inc. purchased a new stake in Kronos Worldwide in the second quarter worth $42,000. Jain Global LLC purchased a new stake in Kronos Worldwide in the fourth quarter worth $46,000. Finally, Susquehanna Portfolio Strategies LLC purchased a new stake in Kronos Worldwide in the fourth quarter worth $53,000. Hedge funds and other institutional investors own 15.11% of the company's stock.

Kronos Worldwide Company Profile

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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