NYSE:TROX

Tronox (TROX) Stock Forecast, Price & News

$13.44

+0.36 (+2.75%)

(As of 09/29/2023 ET)

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Today's Range: $13.27
▼
$13.66
50-Day Range: $12.04
▼
$14.84
52-Week Range: $10.58
▼
$17.61

Volume: 1.22 million shs
Average Volume: 1.40 million shs
Market Capitalization: $2.11 billion

P/E Ratio: N/A
Dividend Yield: 3.72%
Price Target: $15.33

Tronox MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 14.1% Upside
$15.33 Price Target
Short Interest: Bearish
5.14% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -4.43
Upright™ Environmental Score
News Sentiment: 0.32
Based on 2 Articles This Week
Insider Trading: Selling Shares
$33,519 Sold Last Quarter
Proj. Earnings Growth: 204.35%
From $0.46 to $1.40 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Basic Materials Sector

114th out of 169 stocks

Industrial Inorganic Chemicals Industry

6th out of 9 stocks

2.2

Analyst's Opinion

Consensus Rating
Tronox has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.33, Tronox has a forecasted upside of 14.1% from its current price of $13.44.
Amount of Analyst Coverage
Tronox has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.14% of the float of Tronox has been sold short.
Short Interest Ratio / Days to Cover
Tronox has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Tronox has recently increased by 27.99%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Tronox is a leading dividend payer. It pays a dividend yield of 3.72%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tronox has only been increasing its dividend for 3 years.
Dividend Sustainability
Based on earnings estimates, Tronox will have a dividend payout ratio of 35.71% next year. This indicates that Tronox will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tronox has received a -109.13% net impact score from Upright. The largest negative impact of Tronox in category "GHG emissions" seems to be driven mostly by its "Titanium dioxide", "Pig iron", and "Titanium" products. See details.
Environmental Sustainability
The Environmental Impact score for Tronox is -4.43.

1.8

News and Social Media Coverage

News Sentiment
Tronox has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Tronox this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for TROX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
3 people have added Tronox to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tronox insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $33,519.00 in company stock.
Percentage Held by Insiders
Only 1.60% of the stock of Tronox is held by insiders.
Percentage Held by Institutions
70.22% of the stock of Tronox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Tronox are expected to grow by 204.35% in the coming year, from $0.46 to $1.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tronox is -15.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tronox is -15.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Tronox has a PEG Ratio of 4.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tronox has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tronox (NYSE:TROX) Stock

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. The company's products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications. Tronox Holdings plc is based in Stamford, Connecticut.

TROX Price History

30 days | 90 days | 365 days | Advanced Chart

TROX Stock News Headlines

September 22, 2023 | finance.yahoo.com

Unveiling Tronox Holdings PLC (TROX)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 7, 2023 | msn.com

UBS Downgrades Tronox Holdings plc - (TROX)

October 1, 2023 | Behind the Markets (Ad)

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August 21, 2023 | finance.yahoo.com

Tronox (TROX) Announces Closing of $350M Incremental Term Loan

August 16, 2023 | finance.yahoo.com

Tronox Announces Closing of Incremental Term Loan

August 8, 2023 | msn.com

Credit Suisse Upgrades Tronox Holdings plc - (TROX)

August 8, 2023 | markets.businessinsider.com

Analyst Ratings for Tronox Holdings

August 6, 2023 | finance.yahoo.com

We Wouldn't Be Too Quick To Buy Tronox Holdings plc (NYSE:TROX) Before It Goes Ex-Dividend

October 1, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

August 5, 2023 | finance.yahoo.com

Tronox Holdings (NYSE:TROX) Has Announced A Dividend Of $0.125

August 2, 2023 | msn.com

Morgan Stanley Reiterates Tronox Holdings plc - (TROX) Equal-Weight Recommendation

August 2, 2023 | finance.yahoo.com

Tronox Declares Third Quarter 2023 Dividend

August 1, 2023 | finance.yahoo.com

Bear of the Day: Tronox Holdings plc (TROX)

July 29, 2023 | msn.com

BMO Capital Maintains Tronox Holdings plc - (TROX) Market Perform Recommendation

July 28, 2023 | morningstar.com

Tronox Holdings PLC Shs Class A

July 28, 2023 | finanznachrichten.de

Tronox Holdings plc: Tronox Reports Second Quarter 2023 Financial Results

July 28, 2023 | msn.com

Credit Suisse Maintains Tronox Holdings plc - (TROX) Underperform Recommendation

July 27, 2023 | seekingalpha.com

Tronox Non-GAAP EPS of $0.16 misses by $0.12, revenue of $794M misses by $23.83M

July 27, 2023 | benzinga.com

Preview: Tronox Holdings's Earnings

July 27, 2023 | finance.yahoo.com

Tronox Reports Second Quarter 2023 Financial Results

July 27, 2023 | finance.yahoo.com

Tronox (TROX) Misses Q2 Earnings and Revenue Estimates

July 19, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Tronox Holdings

July 16, 2023 | finance.yahoo.com

Boasting A 21% Return On Equity, Is Tronox Holdings plc (NYSE:TROX) A Top Quality Stock?

July 10, 2023 | finance.yahoo.com

Tronox Announces Dates for Second Quarter 2023 Earnings Release & Webcast Conference Call

July 6, 2023 | seekingalpha.com

Tronox Holdings: Still Trading At A Double-Digit Free Cash Flow Yield

May 31, 2023 | markets.businessinsider.com

J.P. Morgan Keeps Their Buy Rating on TRONOX (TROX)

May 31, 2023 | msn.com

JP Morgan Maintains Tronox Holdings plc - (TROX) Overweight Recommendation

See More Headlines

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TROX Company Calendar

Last Earnings: 7/26/2023
Ex-Dividend for 9/15 Dividend: 8/11/2023
Dividend Payable: 9/15/2023
Today: 10/01/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Industrial inorganic chemicals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:TROX
CUSIP: N/A
CIK: 1530804
Web: www.tronox.com
Phone: (203) 705-3800
Fax: 203-705-3703
Employees: 6,500
Year Founded: 2005

Price Target and Rating

Average Stock Price Forecast: $15.33
High Stock Price Forecast: $18.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +14.1%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.89)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 29.22
P/E Growth: 4.46
Net Income: $497 million
Net Margins: -4.60%
Pretax Margin: 6.86%
Return on Equity: 5.60%
Return on Assets: 2.07%

Debt

Debt-to-Equity Ratio: 1.17
Current Ratio: 2.22
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: $3.45 billion
Price / Sales: 0.61
Cash Flow: $3.91 per share
Price / Cash Flow: 3.44
Book Value: $15.55 per share
Price / Book: 0.86

Miscellaneous

Outstanding Shares: 156,790,000
Free Float: 154,278,000
Market Cap: $2.11 billion
Optionable: Optionable
Beta: 1.94

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Key Executives

Mr. John D. Romano (Age 58)
Co-CEO & Director
Comp: $1.93M

Mr. Jean-Francois Turgeon (Age 57)
Co-CEO & Director
Comp: $1.97M

Mr. D. John Srivisal (Age 44)
Sr. VP & CFO
Comp: $850.67k

Mr. Russell Austin (Age 57)
Sr. VP of Operations
Comp: $909.12k

Mr. Jeffrey N. Neuman
Sr. VP, Corp. Sec. & Gen. Counsel

Mr. Jonathan P. Flood (Age 42)
VP, Controller & Principal Accounting Officer

Mr. Michael Miller
Chief Information Officer

Ms. Jennifer Guenther
Chief Sustainability Officer and Head of Investor Relations & Financial Planning

Ms. Melissa H. Zona
Sr. VP of External Affairs & Chief HR Officer

Mr. Emad AlJunaidi
Chief Procurement Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TROX Stock - Frequently Asked Questions

Should I buy or sell Tronox stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tronox in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TROX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TROX, but not buy additional shares or sell existing shares.
View TROX analyst ratings or view top-rated stocks.
What is Tronox's stock price forecast for 2023?: 6 brokers have issued 12 month price objectives for Tronox's shares. Their TROX share price forecasts range from $13.00 to $18.00. On average, they anticipate the company's share price to reach $15.33 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for TROX or view top-rated stocks among Wall Street analysts.
How have TROX shares performed in 2023?: Tronox's stock was trading at $13.71 at the beginning of 2023. Since then, TROX shares have decreased by 2.0% and is now trading at $13.44.
View the best growth stocks for 2023 here.
Are investors shorting Tronox?: Tronox saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,990,000 shares, an increase of 28.0% from the August 31st total of 4,680,000 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is presently 4.8 days. Approximately 5.1% of the shares of the company are sold short.
View Tronox's Short Interest.
When is Tronox's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our TROX earnings forecast.
How were Tronox's earnings last quarter?: Tronox Holdings plc (NYSE:TROX) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.11. The company had revenue of $794 million for the quarter, compared to analysts' expectations of $821.82 million. Tronox had a positive trailing twelve-month return on equity of 5.60% and a negative net margin of 4.60%. The company's revenue for the quarter was down 16.0% compared to the same quarter last year. During the same period last year, the company earned $0.84 earnings per share.
How often does Tronox pay dividends? What is the dividend yield for Tronox?: Tronox declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, August 14th will be given a dividend of $0.125 per share on Friday, September 15th. This represents a $0.50 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Friday, August 11th.
Read our dividend analysis for TROX.
What ETFs hold Tronox's stock?: ETFs with the largest weight of Tronox (NYSE:TROX) stock in their portfolio include VanEck Rare Earth/Strategic Metals ETF (REMX), Virtus Real Asset Income ETF (VRAI), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Optica Rare Earths & Critical Materials ETF (CRIT).USCF Sustainable Battery Metals Strategy Fund (ZSB).

Is Tronox a good dividend stock?: Tronox (NYSE:TROX) pays an annual dividend of $0.50 per share and currently has a dividend yield of 3.82%.
Read our dividend analysis for TROX.
What other stocks do shareholders of Tronox own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tronox investors own include Obsidian Energy (OBE), General Mills (GIS), Supervalu (SVU), Energy Transfer (ET), (JPEP) (JPEP), Ford Motor (F), Pfizer (PFE), General Electric (GE), Murphy Oil (MUR) and Target (TGT).
What is Tronox's stock symbol?: Tronox trades on the New York Stock Exchange (NYSE) under the ticker symbol "TROX."
How do I buy shares of Tronox?: Shares of TROX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tronox's stock price today?: One share of TROX stock can currently be purchased for approximately $13.44.
How much money does Tronox make?: Tronox (NYSE:TROX) has a market capitalization of $2.11 billion and generates $3.45 billion in revenue each year. The company earns $497 million in net income (profit) each year or ($0.89) on an earnings per share basis.
How many employees does Tronox have?: The company employs 6,500 workers across the globe.
How can I contact Tronox?: Tronox's mailing address is LAPORTE ROAD STALLINGBOROUGH, GRIMSBY X0, DN40 2PR. The official website for the company is www.tronox.com. The company can be reached via phone at (203) 705-3800, via email at investorrelations@tronox.com, or via fax at 203-705-3703.

This page (NYSE:TROX) was last updated on 10/1/2023 by MarketBeat.com Staff

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