Tronox (TROX) to Release Quarterly Earnings on Wednesday

Tronox (NYSE:TROX - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $745.96 million for the quarter. Tronox has set its FY 2025 guidance at EPS.

Tronox (NYSE:TROX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.03). Tronox had a negative net margin of 1.56% and a negative return on equity of 0.63%. On average, analysts expect Tronox to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tronox Trading Down 0.4 %

Tronox stock traded down $0.03 during midday trading on Monday, hitting $5.58. 550,419 shares of the stock were exchanged, compared to its average volume of 1,398,109. The company has a current ratio of 2.47, a quick ratio of 0.90 and a debt-to-equity ratio of 1.54. The stock's 50-day simple moving average is $6.56 and its 200 day simple moving average is $9.48. Tronox has a fifty-two week low of $4.35 and a fifty-two week high of $20.70. The stock has a market capitalization of $880.50 million, a price-to-earnings ratio of -18.02 and a beta of 1.53.

Tronox Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 3rd were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 8.97%. The ex-dividend date of this dividend was Monday, March 3rd. Tronox's payout ratio is presently -161.29%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TROX shares. Morgan Stanley cut 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. Mizuho cut their price objective on Tronox from $11.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. The Goldman Sachs Group decreased their target price on shares of Tronox from $13.00 to $11.50 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. Truist Financial lowered their target price on shares of Tronox from $14.00 to $10.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, UBS Group lowered their price objective on shares of Tronox from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Tronox presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.93.

Insiders Place Their Bets

In other news, Director Stephen J. Jones purchased 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 18th. The stock was bought at an average price of $7.17 per share, for a total transaction of $215,100.00. Following the completion of the purchase, the director now directly owns 30,000 shares of the company's stock, valued at $215,100. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.70% of the company's stock.

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.