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Tronox Holdings plc (NYSE: TROX) closed the day trading at $12.64 down -2.32% from the previous closing price of $12.94. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 0.81 million shares were traded. TROX stock price reached its highest trading level at $13.05 during the session, while it also had its lowest trading level at $12.57.
Ratios:
For a better understanding of TROX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on June 07, 2024, initiated with a Neutral rating and assigned the stock a target price of $22.
On December 18, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $11 to $18.
JP Morgan Downgraded its Overweight to Neutral on October 27, 2023, whereas the target price for the stock was revised from $16 to $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when Engle Jeffrey A. sold 12,050 shares for $14.95 per share. The transaction valued at 180,091 led to the insider holds 98,409 shares of the business.
Flood Jonathan sold 5,350 shares of TROX for $79,925 on Mar 06 ’24. The Principal Accounting Officer now owns 37,555 shares after completing the transaction at $14.94 per share. On Mar 06 ’24, another insider, Neuman Jeffrey N, who serves as the SVP, General Counsel & Sec. of the company, sold 23,500 shares for $14.95 each. As a result, the insider received 351,250 and left with 260,212 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TROX now has a Market Capitalization of 2043483520 and an Enterprise Value of 4731102720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 1.608 whereas that against EBITDA is 10.901.
Stock Price History:
Over the past 52 weeks, TROX has reached a high of $20.70, while it has fallen to a 52-week low of $10.08. The 50-Day Moving Average of the stock is -15.27%, while the 200-Day Moving Average is calculated to be -18.81%.
Shares Statistics:
Over the past 3-months, TROX traded about 1.10M shares per day on average, while over the past 10 days, TROX traded about 738400 shares per day. A total of 156.79M shares are outstanding, with a floating share count of 117.29M. Insiders hold about 25.73% of the company’s shares, while institutions hold 76.38% stake in the company. Shares short for TROX as of 1723680000 were 4212143 with a Short Ratio of 3.81, compared to 1721001600 on 5812929. Therefore, it implies a Short% of Shares Outstanding of 4212143 and a Short% of Float of 4.4699997.
Dividends & Splits
TROX’s forward annual dividend rate is 0.50, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.038639877The stock’s 5-year Average Dividend Yield is 2.74.
Earnings Estimates
The stock of Tronox Holdings plc (TROX) is currently being evaluated by 9.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.19, with high estimates of $0.28 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.58 and $0.19 for the fiscal current year, implying an average EPS of $0.42. EPS for the following year is $1.33, with 9.0 analysts recommending between $1.58 and $0.94.
Revenue Estimates
7 analysts predict $800.7M in revenue for the current quarter. It ranges from a high estimate of $812.9M to a low estimate of $783M. As of the current estimate, Tronox Holdings plc’s year-ago sales were $662MFor the next quarter, 7 analysts are estimating revenue of $776.76M. There is a high estimate of $823.54M for the next quarter, whereas the lowest estimate is $724M.
A total of 9 analysts have provided revenue estimates for TROX’s current fiscal year. The highest revenue estimate was $3.21B, while the lowest revenue estimate was $3.1B, resulting in an average revenue estimate of $3.17B. In the same quarter a year ago, actual revenue was $2.85BBased on 9 analysts’ estimates, the company’s revenue will be $3.38B in the next fiscal year. The high estimate is $3.55B and the low estimate is $3.23B.
