NYSE:TROXTronox Stock Price, Forecast & News

Tronox's stock was trading at $5.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TROX shares have increased by 25.5% and is now trading at $7.33. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tronox in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tronox.

Tronox is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Tronox.

Tronox Ltd (NYSE:TROX) posted its earnings results on Wednesday, May, 6th. The company reported $0.29 EPS for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.08. The company had revenue of $722 million for the quarter, compared to analysts' expectations of $720.46 million. Tronox had a negative net margin of 1.45% and a positive return on equity of 15.41%. Tronox's quarterly revenue was up 85.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.18) earnings per share. View Tronox's earnings history.

Tronox announced a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, May 18th will be given a dividend of $0.07 per share on Friday, May 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Friday, May 15th. View Tronox's dividend history.

Tronox updated its first quarter 2020 Pre-Market earnings guidance on Friday, April, 17th. The company provided earnings per share (EPS) guidance of 0.20-0.26 for the period, compared to the Thomson Reuters consensus estimate of $0.12. The company issued revenue guidance of $722-722 million, compared to the consensus revenue estimate of $704.71 million.

4 brokerages have issued 1-year target prices for Tronox's shares. Their forecasts range from $5.00 to $19.00. On average, they anticipate Tronox's stock price to reach $13.50 in the next year. This suggests a possible upside of 84.2% from the stock's current price. View analysts' price targets for Tronox.

Headlines about TROX stock have trended negative on Friday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tronox earned a news impact score of -2.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Tronox.

Tronox saw a increase in short interest in June. As of June 15th, there was short interest totaling 8,230,000 shares, an increase of 22.5% from the May 31st total of 6,720,000 shares. Based on an average daily trading volume, of 1,990,000 shares, the short-interest ratio is presently 4.1 days. Currently, 9.3% of the shares of the stock are sold short. View Tronox's Current Options Chain.

Some companies that are related to Tronox include Minerals Technologies (MTX), Kronos Worldwide (KRO), Luxfer (LXFR), Valhi (VHI), Venator Materials (VNTR), NL Industries (NL), LSB Industries (LXU), TOR Minerals International (TORM) and Polydex Pharmaceuticals (POLXF). View all competitors.

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 LP Unit (ET), JP Energy Partners (JPEP), Ford Motor (F), Murphy Oil (MUR), AT&T (T), Advanced Micro Devices (AMD) and Helmerich & Payne (HP).

Tronox trades on the New York Stock Exchange (NYSE) under the ticker symbol "TROX."

Shares of TROX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TROX stock can currently be purchased for approximately $7.33.

Tronox has a market capitalization of $1.05 billion and generates $2.64 billion in revenue each year. The company earns $-109,000,000.00 in net income (profit) each year or $0.47 on an earnings per share basis. Tronox employs 6,660 workers across the globe.

The official website for Tronox is www.tronox.com.

Tronox's mailing address is LAPORTE ROAD STALLINGBOROUGH, GRIMSBY X0, DN40 2PR. The company can be reached via phone at 203-705-3800 or via email at investor.tronox.com.