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

Tronox (NYSE:TROX) announced its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate 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 Stock Down 10.5 %

TROX stock opened at $8.80 on Friday. Tronox has a 52-week low of $8.29 and a 52-week high of $20.70. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.72 and a quick ratio of 0.90. The company’s 50-day simple moving average is $10.12 and its 200-day simple moving average is $12.05.

Analysts Set New Price Targets

A number of research firms have issued reports on TROX. UBS Group reduced their price target on shares of Tronox from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday. The Goldman Sachs Group reduced their target price on shares of Tronox from $15.00 to $13.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. BMO Capital Markets lowered their price target 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. Truist Financial began coverage on Tronox in a research note on Tuesday, January 28th. They set a “buy” rating and a $17.00 price objective for the company. Finally, Barclays lowered their target price on Tronox from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Monday, October 28th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company 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.