Tronox (TROX) Expected to Announce Quarterly Earnings on Wednesday

Tronox (NYSE:TROX - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect Tronox to post earnings of ($0.02) per share and revenue of $802.03 million for the quarter. Tronox has set its FY 2025 guidance at EPS.

Tronox (NYSE:TROX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.17). The business had revenue of $738.00 million during the quarter, compared to the consensus estimate of $745.96 million. Tronox had a negative return on equity of 1.57% and a negative net margin of 4.94%. The business's revenue was down 4.7% on a year-over-year basis. During the same period last year, the business posted ($0.05) earnings per share. 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 3.6%

Shares of TROX traded up $0.20 during trading hours on Friday, hitting $5.82. The stock had a trading volume of 4,055,669 shares, compared to its average volume of 2,532,551. The firm has a market capitalization of $922.87 million, a P/E ratio of -6.13 and a beta of 1.37. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.28 and a quick ratio of 0.61. Tronox has a 1-year low of $4.35 and a 1-year high of $16.57. The firm has a 50 day simple moving average of $5.48 and a 200-day simple moving average of $6.72.

Tronox Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 2nd. Shareholders of record on Monday, May 19th were given a dividend of $0.125 per share. The ex-dividend date was Monday, May 19th. This represents a $0.50 annualized dividend and a dividend yield of 8.59%. Tronox's dividend payout ratio is currently -52.63%.

Insider Transactions at Tronox

In other Tronox news, SVP Jeffrey N. Neuman purchased 10,266 shares of the stock in a transaction dated Wednesday, May 7th. The stock was purchased at an average price of $4.89 per share, with a total value of $50,200.74. Following the transaction, the senior vice president owned 10,266 shares of the company's stock, valued at approximately $50,200.74. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tronox

Large investors have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Tronox by 12.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 366,203 shares of the company's stock worth $2,578,000 after buying an additional 41,092 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of Tronox in the first quarter valued at about $1,188,000. Jane Street Group LLC raised its position in shares of Tronox by 93.2% in the first quarter. Jane Street Group LLC now owns 118,637 shares of the company's stock valued at $835,000 after buying an additional 57,237 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Tronox by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,574 shares of the company's stock worth $497,000 after purchasing an additional 3,042 shares during the last quarter. 73.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. raised Tronox from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $5.00 to $7.00 in a report on Friday, May 30th. Truist Financial cut their target price on shares of Tronox from $14.00 to $10.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Mizuho cut their price target on shares of Tronox from $6.00 to $5.00 and set a "neutral" rating for the company in a research report on Tuesday, July 15th. Wall Street Zen downgraded shares of Tronox from a "hold" rating to a "sell" rating in a research note on Monday, May 5th. Finally, BMO Capital Markets downgraded shares of Tronox from a "market perform" rating to an "underperform" rating and decreased their price target for the stock from $7.00 to $3.00 in a research note on Monday, June 30th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $7.06.

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.