Tronox (TROX) to Release Earnings on Thursday

Tronox (NYSE:TROX) is projected to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Tronox to post earnings of $0.06 per share and revenue of $693.27 million for the quarter. Tronox has set its FY 2025 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Tronox (NYSE:TROX) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.03). Tronox had a negative return on equity of 3.91% and a negative net margin of 2.40%. On average, analysts expect Tronox to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tronox Stock Performance

Tronox stock opened at $7.81 on Tuesday. The company has a 50 day moving average price of $9.96 and a 200-day moving average price of $11.88. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.90 and a current ratio of 2.72. Tronox has a fifty-two week low of $7.72 and a fifty-two week high of $20.70. The company has a market capitalization of $1.23 billion, a PE ratio of -16.26 and a beta of 1.60.

Analyst Upgrades and Downgrades

TROX has been the topic of a number of research analyst reports. The Goldman Sachs Group dropped their price objective on shares of Tronox from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. UBS Group dropped their price objective on shares of Tronox from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. BMO Capital Markets dropped their price objective on shares of Tronox from $21.00 to $17.00 and set an “outperform” rating on the stock in a report on Tuesday, October 29th. Barclays dropped their price objective on shares of Tronox from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Monday, October 28th. Finally, Truist Financial initiated coverage on shares of Tronox in a report on Tuesday, January 28th. They set a “buy” rating and a $17.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Tronox currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

Tronox Company Profile

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products.