Tronox (NYSE:TROX) Announces Earnings Results, Misses Estimates By $0.03 EPS

Tronox (NYSE:TROX) posted its earnings results on Wednesday. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03), Zacks reports. Tronox had a negative return on equity of 3.91% and a negative net margin of 2.40%. Tronox updated its FY 2025 guidance to EPS.

Tronox Trading Down 10.5 %

NYSE:TROX opened at $8.80 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.72 and a quick ratio of 0.90. Tronox has a twelve month low of $8.29 and a twelve month high of $20.70. The company’s 50 day moving average is $10.12 and its two-hundred day moving average is $12.05.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Morgan Stanley decreased their price objective on Tronox from $16.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. UBS Group lowered their price target on shares of Tronox from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday. BMO Capital Markets reduced their price objective on shares of Tronox from $21.00 to $17.00 and set an “outperform” rating for the company in a research note on Tuesday, October 29th. Truist Financial assumed coverage on shares of Tronox in a research report on Tuesday, January 28th. They set a “buy” rating and a $17.00 target price for the company. Finally, Barclays cut their price target 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. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.