Tronox Holdings PLC (NYSE:TROX) Given Consensus Rating of “Hold” by Analysts

Tronox Holdings PLC (NYSE:TROX) has earned an average rating of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $5.3250.

TROX has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $6.00 target price on shares of Tronox in a research report on Tuesday, December 16th. The Goldman Sachs Group increased their price objective on Tronox from $4.25 to $5.50 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Mizuho raised their target price on Tronox from $3.00 to $3.50 and gave the company an “underperform” rating in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tronox in a research note on Wednesday, October 8th. Finally, UBS Group increased their price target on Tronox from $3.80 to $5.25 and gave the stock a “neutral” rating in a research note on Monday.

Tronox Price Performance

Shares of NYSE TROX opened at $5.72 on Thursday. The company has a debt-to-equity ratio of 1.97, a current ratio of 2.72 and a quick ratio of 0.73. The firm has a market capitalization of $907.39 million, a PE ratio of -2.79 and a beta of 1.16. Tronox has a 1-year low of $2.86 and a 1-year high of $10.60. The business’s fifty day moving average price is $4.15 and its two-hundred day moving average price is $4.27.

Tronox (NYSE:TROX) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.25). Tronox had a negative net margin of 11.39% and a negative return on equity of 8.10%. The firm had revenue of $699.00 million for the quarter, compared to analyst estimates of $776.21 million. During the same period last year, the firm posted ($0.13) EPS. The business’s revenue was down 13.1% compared to the same quarter last year. On average, research analysts expect that Tronox will post 0.49 EPS for the current year.

Tronox Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, November 10th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Monday, November 10th. Tronox’s dividend payout ratio is currently -9.76%.

Institutional Trading of Tronox

A number of hedge funds and other institutional investors have recently made changes to their positions in TROX. AQR Capital Management LLC bought a new position in shares of Tronox in the first quarter valued at approximately $1,188,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Tronox by 4.5% in 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 period. Empowered Funds LLC boosted its stake in Tronox by 1.6% during the 1st quarter. Empowered Funds LLC now owns 739,720 shares of the company’s stock valued at $5,208,000 after purchasing an additional 11,438 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position 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 period. Finally, Jane Street Group LLC increased its position in shares of Tronox by 93.2% during the 1st 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 during the period. 73.36% of the stock is currently owned by institutional investors.

About Tronox

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.