Analysts Set Tronox Holdings PLC (NYSE:TROX) Target Price at $6.03

Tronox Holdings PLC (NYSE:TROX) has been given an average rating of “Hold” by the eleven ratings firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $6.0250.

TROX has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tronox in a report on Wednesday, January 21st. Truist Financial boosted their price objective on Tronox from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Mizuho upped their price objective on Tronox from $3.00 to $3.50 and gave the stock an “underperform” rating in a research note on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $8.00 target price on shares of Tronox in a research note on Tuesday, January 27th. Finally, UBS Group boosted their price target on Tronox from $3.80 to $5.25 and gave the stock a “neutral” rating in a report on Monday, January 12th.

Hedge Funds Weigh In On Tronox

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC purchased a new position in Tronox during the first quarter valued at $1,188,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Tronox by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,574 shares of the company’s stock valued at $497,000 after purchasing an additional 3,042 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Tronox by 12.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 366,203 shares of the company’s stock valued at $2,578,000 after purchasing an additional 41,092 shares during the last quarter. Jane Street Group LLC grew its position in shares of Tronox by 93.2% during the first quarter. Jane Street Group LLC now owns 118,637 shares of the company’s stock valued at $835,000 after purchasing an additional 57,237 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Tronox by 105.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 67,582 shares of the company’s stock worth $377,000 after purchasing an additional 34,646 shares during the last quarter. Institutional investors own 73.36% of the company’s stock.

Tronox Price Performance

NYSE TROX opened at $7.46 on Monday. The company has a current ratio of 2.72, a quick ratio of 0.73 and a debt-to-equity ratio of 1.97. Tronox has a 12 month low of $2.86 and a 12 month high of $10.24. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of -3.64 and a beta of 1.18. The company’s 50 day moving average is $5.16 and its two-hundred day moving average is $4.37.

Tronox Company Profile

Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.

Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.