Tronox (NYSE:TROX) Releases Earnings Results, Misses Expectations By $0.25 EPS

Tronox (NYSE:TROX) announced its quarterly earnings data on Wednesday. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.25), Zacks reports. Tronox had a negative net margin of 8.48% and a negative return on equity of 4.83%. The firm had revenue of $699.00 million for the quarter, compared to analyst estimates of $776.21 million. During the same quarter in the previous year, the company earned ($0.13) EPS. The company’s quarterly revenue was down 13.1% compared to the same quarter last year. Tronox updated its Q4 2025 guidance to EPS.

Tronox Stock Down 1.1%

TROX stock opened at $3.16 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.10 and a quick ratio of 0.52. The firm has a market capitalization of $500.15 million, a P/E ratio of -2.00 and a beta of 1.36. Tronox has a 52-week low of $2.86 and a 52-week high of $12.84. The company’s 50 day simple moving average is $4.06 and its 200-day simple moving average is $4.71.

Tronox Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, November 10th will be issued a dividend of $0.05 per share. The ex-dividend date is Monday, November 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.3%. Tronox’s payout ratio is currently -9.76%.

Insiders Place Their Bets

In other news, Director Peter Johnston bought 20,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were bought at an average cost of $3.21 per share, with a total value of $64,200.00. Following the purchase, the director directly owned 191,513 shares in the company, valued at $614,756.73. This trade represents a 11.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Tronox

Several hedge funds have recently bought and sold shares of TROX. Nomura Holdings Inc. bought a new stake in shares of Tronox during the 2nd quarter worth about $514,000. Headlands Technologies LLC acquired a new position in shares of Tronox during the 2nd quarter worth about $38,000. Captrust Financial Advisors increased its position in Tronox by 8.2% in the 2nd quarter. Captrust Financial Advisors now owns 113,854 shares of the company’s stock worth $577,000 after buying an additional 8,583 shares during the period. Voleon Capital Management LP bought a new stake in shares of Tronox in the second quarter valued at approximately $350,000. Finally, Lazard Asset Management LLC grew its position in Tronox by 472.9% in the 2nd quarter. Lazard Asset Management LLC now owns 61,124 shares of the company’s stock worth $309,000 after purchasing an additional 50,455 shares during the last quarter. 73.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Tronox in a research note on Wednesday, October 8th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Tronox in a report on Friday, October 3rd. Alembic Global Advisors restated an “overweight” rating and set a $6.00 price target on shares of Tronox in a research report on Monday, September 15th. Truist Financial dropped their price target on shares of Tronox from $6.00 to $5.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. Finally, UBS Group increased their price target on Tronox from $3.60 to $3.90 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $4.93.

About Tronox

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.