Kronos Worldwide (NYSE:KRO) Shares Down 7% – Time to Sell?

Kronos Worldwide Inc (NYSE:KRO)’s stock price fell 7% during mid-day trading on Wednesday . The stock traded as low as $6.29 and last traded at $6.3240. Approximately 22,570 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 325,193 shares. The stock had previously closed at $6.80.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KRO. Wall Street Zen raised Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Zacks Research raised Kronos Worldwide from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Sell” and an average target price of $5.00.

Kronos Worldwide Price Performance

The firm has a market cap of $747.83 million, a price-to-earnings ratio of -5.61 and a beta of 0.98. The business’s 50-day moving average is $6.92 and its 200-day moving average is $6.01. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 3.18.

Kronos Worldwide (NYSE:KRO) last released its quarterly earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.29. The firm had revenue of $509.80 million for the quarter, compared to analyst estimates of $524.00 million. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%. On average, equities analysts predict that Kronos Worldwide Inc will post -0.33 EPS for the current year.

Kronos Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 4th. Kronos Worldwide’s payout ratio is presently -17.24%.

Institutional Investors Weigh In On Kronos Worldwide

Large investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in Kronos Worldwide in the 2nd quarter valued at $42,000. Jain Global LLC acquired a new stake in shares of Kronos Worldwide in the fourth quarter valued at $46,000. Pilgrim Partners Asia Pte Ltd increased its stake in shares of Kronos Worldwide by 68.1% in the fourth quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock valued at $51,000 after buying an additional 4,700 shares in the last quarter. Susquehanna Portfolio Strategies LLC bought a new position in shares of Kronos Worldwide in the fourth quarter valued at about $53,000. Finally, Alpine Global Management LLC bought a new position in shares of Kronos Worldwide in the fourth quarter valued at about $54,000. 15.11% of the stock is currently owned by institutional investors.

Kronos Worldwide Company Profile

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.