Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.66 and traded as high as $6.88. Kronos Worldwide shares last traded at $6.8160, with a volume of 265,062 shares changing hands.
Analyst Upgrades and Downgrades
KRO has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a research note on Friday, March 27th. Wall Street Zen upgraded Kronos Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Zacks Research upgraded Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Strong Sell” and a consensus price target of $6.00.
Get Our Latest Stock Report on KRO
Kronos Worldwide Stock Down 0.7%
Kronos Worldwide (NYSE:KRO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.29. Kronos Worldwide had a negative return on equity of 15.01% and a negative net margin of 7.12%.The business had revenue of $509.80 million during the quarter, compared to the consensus estimate of $524.00 million. Sell-side analysts expect that Kronos Worldwide Inc will post -0.33 earnings per share for the current fiscal year.
Kronos Worldwide Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.20 annualized dividend and a yield of 3.0%. Kronos Worldwide’s dividend payout ratio (DPR) is presently -17.24%.
Institutional Investors Weigh In On Kronos Worldwide
Several large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue purchased a new position in Kronos Worldwide in the 3rd quarter valued at approximately $30,000. Raymond James Financial Inc. bought a new stake in Kronos Worldwide in the second quarter worth $42,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Kronos Worldwide in the third quarter valued at about $40,000. Wealthspire Retirement LLC purchased a new position in shares of Kronos Worldwide during the first quarter valued at about $66,000. Finally, Jain Global LLC purchased a new position in shares of Kronos Worldwide during the fourth quarter valued at about $46,000. Hedge funds and other institutional investors own 15.11% of the company’s stock.
About Kronos Worldwide
Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.
In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.
See Also
- Five stocks we like better than Kronos Worldwide
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Receive News & Ratings for Kronos Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
