In the last trading session, 1.75 million Tronox Holdings plc (NYSE:TROX) shares changed hands as the company’s beta touched 1.51. With the company’s per share price at $7.27 changed hands at -$0.02 or -0.27% during last session, the market valuation stood at $1.15B. TROX’s last price was a discount, traded about -184.73% off its 52-week high of $20.70. The share price had its 52-week low at $6.64, which suggests the last value was 8.67% up since then. When we look at Tronox Holdings plc’s average trading volume, we note the 10-day average is 2.09 million shares, with the 3-month average coming to 1.66 million.
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 0.04.
Tronox Holdings plc (NYSE:TROX) trade information
Instantly TROX was in red as seen at the end of in last trading. With action 5.52%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -27.81%, with the 5-day performance at 5.52% in the green. However, in the 30-day time frame, Tronox Holdings plc (NYSE:TROX) is -7.15% down. Looking at the short shares, we see there were 6.23 million shares sold at short interest cover period of 3.19 days.
The consensus price target for the stock as assigned by Wall Street analysts is 17, meaning bulls need an upside of 57.24% from its current market value. According to analyst projections, TROX’s forecast low is 14 with 19 as the target high. To hit the forecast high, the stock’s price needs a -161.35% plunge from its current level, while the stock would need to soar -92.57% for it to hit the projected low.
Tronox Holdings plc (TROX) estimates and forecasts
Year-over-year growth is forecast to reach 4.49% 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 745.96M. 6 analysts are of the opinion that Tronox Holdings plc’s revenue for the current quarter will be 846.53M. 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 -3.62%. The estimates for the next quarter sales put growth at 3.24%.
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 786.48%.
TROX Dividends
Tronox Holdings plc is expected to release its next quarterly earnings report on 2025-Feb-11. The 6.88% annual yield figure for the share gives it an annual dividend of 0.50. It is important to note, however, that the 6.88% 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. During the past 5 years, the average dividend yield was 3.0 per year.
Tronox Holdings plc (NYSE:TROX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 25.89% of Tronox Holdings plc shares while 75.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.30%. There are 75.07% institutions holding the Tronox Holdings plc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 14.4482% of the shares, roughly 22.73 million TROX shares worth $356.66 million.
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 Dec 31, 2024 were Smallcap World Fund and Fidelity Low-Priced Stock Fund . With 6.06 shares estimated at $44.06 million under it, the former controlled 3.84% of total outstanding shares. On the other hand, Fidelity Low-Priced Stock Fund held about 2.64% of the shares, roughly 4.17 shares worth around $30.31 million.
