Kronos Worldwide (NYSE:KRO) Upgraded to “Strong-Buy” at Zacks Research

Kronos Worldwide (NYSE:KRO) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other research firms have also issued reports on KRO. Wall Street Zen raised Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $5.00.

Kronos Worldwide Stock Up 0.7%

KRO stock opened at $5.92 on Wednesday. The stock has a market capitalization of $681.10 million, a price-to-earnings ratio of -5.10 and a beta of 1.00. The company has a 50-day moving average of $6.79 and a two-hundred day moving average of $6.13. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $7.89. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.18 and a quick ratio of 1.41.

Kronos Worldwide (NYSE:KRO) last posted its quarterly earnings data on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.29. Kronos Worldwide had a negative return on equity of 15.01% and a negative net margin of 7.12%.The business had revenue of $509.80 million for the quarter, compared to analyst estimates of $524.00 million. As a group, equities research analysts anticipate that Kronos Worldwide will post -0.33 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of KRO. Squarepoint Ops LLC increased its holdings in Kronos Worldwide by 13.6% in the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after buying an additional 4,092 shares during the period. Jane Street Group LLC raised its stake in shares of Kronos Worldwide by 20.3% in the 1st quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock valued at $182,000 after buying an additional 4,104 shares in the last quarter. Barclays PLC lifted its holdings in shares of Kronos Worldwide by 10.6% during the 4th quarter. Barclays PLC now owns 34,015 shares of the specialty chemicals company’s stock worth $150,000 after acquiring an additional 3,273 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Kronos Worldwide by 30.7% during the 4th quarter. Wells Fargo & Company MN now owns 25,990 shares of the specialty chemicals company’s stock worth $115,000 after acquiring an additional 6,100 shares during the period. Finally, EP Wealth Advisors LLC bought a new position in shares of Kronos Worldwide during the 4th quarter worth about $110,000. 15.11% of the stock is 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.