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In the latest session, Tronox Holdings plc (NYSE: TROX) closed at $15.95 up 0.19% from its previous closing price of $15.92. In other words, the price has increased by $0.19 from its previous closing price. On the day, 0.72 million shares were traded. TROX stock price reached its highest trading level at $16.286 during the session, while it also had its lowest trading level at $15.78.
Ratios:
For a deeper understanding of Tronox Holdings plc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 2.84. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.49.
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 the company, BMO Capital Markets on December 18, 2023, Upgraded its rating to Outperform and sets its target price to $18 from $11 previously.
On October 27, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $16 to $11.
UBS Downgraded its Buy to Neutral on September 07, 2023, whereas the target price for the stock was revised from $17 to $15.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’24 when Turgeon Jean Francois sold 51,996 shares for $14.95 per share. The transaction valued at 777,085 led to the insider holds 735,647 shares of the business.
Romano John D sold 42,768 shares of TROX for $639,168 on Mar 06 ’24. The Co-CEO and Director now owns 942,171 shares after completing the transaction at $14.95 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 2517516032 and an Enterprise Value of 5413522944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 1.899 whereas that against EBITDA is 11.82.
Stock Price History:
Over the past 52 weeks, TROX has reached a high of $17.89, while it has fallen to a 52-week low of $10.08. The 50-Day Moving Average of the stock is 1.62%, while the 200-Day Moving Average is calculated to be 17.24%.
Shares Statistics:
For the past three months, TROX has traded an average of 1.15M shares per day and 872760 over the past ten days. A total of 156.79M shares are outstanding, with a floating share count of 115.82M. Insiders hold about 26.13% of the company’s shares, while institutions hold 73.69% stake in the company. Shares short for TROX as of 1711584000 were 6461993 with a Short Ratio of 5.64, compared to 1709164800 on 7114886. Therefore, it implies a Short% of Shares Outstanding of 6461993 and a Short% of Float of 6.859999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for TROX is 0.50, from 0.5 in the trailing year. The stock’s 5-year Average Dividend Yield is 2.62.
Earnings Estimates
Currently, Crocs, Inc. analysts are dedicated to thoroughly evaluating and rating the performance of Tronox Holdings plc (TROX) in the stock market.The consensus estimate for the next quarter is $108.72, with high estimates of $87.95 and low estimates of $0.46.
Analysts are recommending an EPS of between $Industrials and $Basic Materials for the fiscal current year, implying an average EPS of $Financial Services.
