In today’s recent session, 0.44 million shares of the Tronox Holdings plc (NYSE:TROX) have been traded, and its beta is 1.44. Most recently the company’s share price was $5.44, and it changed around $0.21 or 4.06% from the last close, which brings the market valuation of the company to $862.42M. TROX at last check was trading at a discount to its 52-week high of $20.70, offering almost -280.51% off that amount. The share price’s 52-week low was $4.35, which indicates that the recent value has risen by an impressive 20.04% since then. We note from Tronox Holdings plc’s average daily trading volume that its 10-day average is 3.7 million shares, with the 3-month average coming to 2.13 million.
Tronox Holdings plc stock received a consensus recommendation rating of Buy, based on a mean score of 1.64. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 3 recommended TROX as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Tronox Holdings plc is expected to report earnings per share of 0.02 for the current quarter.
Tronox Holdings plc (NYSE:TROX) trade information
Instantly TROX has been showing a green trend so far today with a performance of 4.06% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.53 on recent trading dayincreased the stock’s daily price by 1.63%. The company’s shares are currently down -45.95% year-to-date, but still up 11.07% over the last five days. On the other hand, Tronox Holdings plc (NYSE:TROX) is -23.13% down in the 30-day period. We can see from the shorts that 6.12 million shares have been sold at a short interest cover period of 3.1 day(s).
The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to increase their stock price by 64.9% from its current value. Analyst projections state that TROX is forecast to be at a low of $14 and a high of $17.
Tronox Holdings plc (TROX) estimates and forecasts
The year-over-year growth rate is expected to be 3.97%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 742.11M in revenue for the current quarter. 6 analysts expect Tronox Holdings plc to make 838.88M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 774M and 820M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.12%. Forecasts for the next quarter put sales growth at 2.30%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.16%.
TROX Dividends
Tronox Holdings plc’s next quarterly earnings report is expected to be released on 2025-Feb-11. The annual dividend yield of the stock is 9.19 percent and its annual dividend per share was 0.50. It is important to note, however, that the 9.19% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.05 per year.
Tronox Holdings plc (NYSE:TROX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 25.49% of Tronox Holdings plc shares, and 74.89% of them are in the hands of institutional investors. The stock currently has a share float of 100.51%. Tronox Holdings plc stock is held by 280.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 14.3764% of the shares, which is about 22.73 million shares worth $356.66 million.
VANGUARD GROUP INC, with 7.935% or 12.48 million shares worth $195.88 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SMALLCAP WORLD FUND INC and Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 6.06 shares worth $33.64 million, making up 3.82% of all outstanding shares. On the other hand, Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund held roughly 4.17 shares worth around $23.14 million, which represents about 2.63% of the total shares outstanding.
