Kronos Worldwide (NYSE:KRO) Upgraded by Wall Street Zen to Strong-Buy Rating

Key Points

• Wall Street Zen upgraded Kronos Worldwide to “strong buy” from “buy,” while overall analyst sentiment remains “Hold,” with one strong-buy rating and two sell ratings and an average price target of $8.00.
• Kronos reported quarterly EPS of $0.13, beating the $0.07 consensus estimate, and revenue of $558.1 million versus expectations of $484.5 million. Analysts nevertheless expect a full-year loss of $0.33 per share.
• KRO opened at $8.42, near its 52-week high of $8.90, with a market capitalization of approximately $969.6 million; hedge funds and institutional investors own 15.11% of the stock.

Kronos Worldwide (NYSE:KRO - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Sunday.

A number of other equities research analysts have also commented on KRO. The Goldman Sachs Group reiterated a "sell" rating and set a $8.00 price target on shares of Kronos Worldwide in a report on Thursday. Weiss Ratings raised shares of Kronos Worldwide from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, July 10th. Finally, Zacks Research upgraded shares of Kronos Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $8.00.

Kronos Worldwide Price Performance

KRO stock opened at $8.42 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.55 and a current ratio of 3.30. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $8.90. The business has a 50-day simple moving average of $6.71 and a two-hundred day simple moving average of $6.47. The company has a market capitalization of $969.60 million, a P/E ratio of -8.87 and a beta of 1.01.

Kronos Worldwide (NYSE:KRO - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.06. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%.The firm had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Research analysts expect that Kronos Worldwide will post -0.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Kronos Worldwide

Several hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC raised its holdings in shares of Kronos Worldwide by 478.7% during the first quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company's stock valued at $942,000 after acquiring an additional 104,202 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Kronos Worldwide by 11.1% during the first quarter. Goldman Sachs Group Inc. now owns 220,663 shares of the specialty chemicals company's stock valued at $1,651,000 after buying an additional 22,046 shares during the period. Jane Street Group LLC increased its position in shares of Kronos Worldwide by 20.3% during the first quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company's stock valued at $182,000 after buying an additional 4,104 shares during the period. Geode Capital Management LLC raised its stake in Kronos Worldwide by 2.4% in the second quarter. Geode Capital Management LLC now owns 527,839 shares of the specialty chemicals company's stock worth $3,273,000 after buying an additional 12,260 shares in the last quarter. Finally, Creative Planning raised its stake in Kronos Worldwide by 13.1% in the second quarter. Creative Planning now owns 42,064 shares of the specialty chemicals company's stock worth $261,000 after buying an additional 4,857 shares in the last quarter. 15.11% of the stock is owned by hedge funds and other institutional investors.

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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