In the last trading session, 1.58 million Tronox Holdings plc (NYSE:TROX) shares changed hands as the company’s beta touched 1.62. With the company’s per share price at $7.86 changed hands at -$0.13 or -1.63% during last session, the market valuation stood at $1.24B. TROX’s last price was a discount, traded about -163.36% off its 52-week high of $20.70. The share price had its 52-week low at $7.72, which suggests the last value was 1.78% up since then.
Analysts gave the Tronox Holdings plc (TROX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 2 recommended TROX as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Tronox Holdings plc’s EPS for the current quarter is expected to be 0.03.
Tronox Holdings plc (NYSE:TROX) trade information
Instantly TROX was in red as seen at the end of in last trading. With action -2.00%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -21.95%, with the 5-day performance at -2.00% in the red. However, in the 30-day time frame, Tronox Holdings plc (NYSE:TROX) is -23.32% down.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need an upside of 56.33% from its current market value. According to analyst projections, TROX’s forecast low is 14 with 22 as the target high. To hit the forecast high, the stock’s price needs a -179.9% plunge from its current level, while the stock would need to soar -78.12% for it to hit the projected low.
Tronox Holdings plc (TROX) estimates and forecasts
Year-over-year growth is forecast to reach 4.74% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 747.96M. 5 analysts are of the opinion that Tronox Holdings plc’s revenue for the current quarter will be 848.83M. The company’s revenue for the corresponding quarters a year ago was 774M and 820M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.36%. The estimates for the next quarter sales put growth at 3.52%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 17.16%. The 2025 estimates are for Tronox Holdings plc earnings to increase by 792.73%.
TROX Dividends
Tronox Holdings plc is expected to release its next quarterly earnings report in March. The 6.36% annual yield figure for the share gives it an annual dividend of 0.50. It is important to note, however, that the 6.36% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.935% or 12.48 million shares worth $195.88 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Smallcap World Fund and Fidelity Low-Priced Stock Fund . With 5.28 shares estimated at $41.5 million under it, the former controlled 3.34% of total outstanding shares. On the other hand, Fidelity Low-Priced Stock Fund held about 2.65% of the shares, roughly 4.18 shares worth around $32.85 million.
