Analysts Set Tronox Holdings PLC (NYSE:TROX) Price Target at $5.18

Tronox Holdings PLC (NYSE:TROX) has been assigned a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $5.18.

Several equities analysts have recently commented on TROX shares. UBS Group lowered their target price on Tronox from $3.90 to $3.80 and set a “neutral” rating for the company in a report on Tuesday, November 11th. Mizuho boosted their price objective 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 report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $6.00 target price on shares of Tronox in a research note on Tuesday, December 16th. Finally, Truist Financial reduced their price target on shares of Tronox from $6.00 to $5.00 and set a “buy” rating for the company in a report on Monday, October 20th.

Tronox Stock Up 6.6%

TROX stock opened at $5.66 on Thursday. The firm has a market cap of $897.39 million, a price-to-earnings ratio of -2.76 and a beta of 1.16. Tronox has a 1-year low of $2.86 and a 1-year high of $10.60. The firm has a fifty day moving average price of $4.00 and a two-hundred day moving average price of $4.27. The company has a debt-to-equity ratio of 1.97, a current ratio of 2.72 and a quick ratio of 0.73.

Tronox (NYSE:TROX) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.46) 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 business had revenue of $699.00 million during the quarter, compared to analyst estimates of $776.21 million. During the same period last year, the firm posted ($0.13) earnings per share. The company’s quarterly revenue was down 13.1% on a year-over-year basis. Research analysts predict that Tronox will post 0.49 EPS for the current year.

Tronox Announces Dividend

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

Institutional Investors Weigh In On Tronox

Several large investors have recently made changes to their positions in the company. Headlands Technologies LLC acquired a new position in shares of Tronox during the second quarter worth approximately $38,000. Caitong International Asset Management Co. Ltd bought a new stake in Tronox during the 3rd quarter valued at $37,000. Public Employees Retirement System of Ohio boosted its position in Tronox by 48.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 9,844 shares of the company’s stock worth $50,000 after acquiring an additional 3,231 shares during the period. Westview Management dba Westview Investment Advisors acquired a new position in Tronox during the 4th quarter worth $42,000. Finally, Amplius Wealth Advisors LLC bought a new position in shares of Tronox in the second quarter worth $64,000. Institutional investors and hedge funds own 73.36% of the company’s stock.

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.