Here Are Reasons Why Tronox Holdings plc (NYSE: TROX) Is A Great Choice Now

The trading price of Tronox Holdings plc (NYSE:TROX) closed higher on current market day and closing at $7.37, 1.80% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $7.255 and $7.41. In examining the 52-week price action we see that the stock hit a 52-week high of $20.70 and a 52-week low of $6.64. Over the past month, the stock has lost -5.99% in value.

Tronox Holdings plc, whose market valuation is $1.16 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-Feb-11. The dividend yield on the company stock is 6.78%, while its Forward Dividend ratio is 0.50. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.04 per share this quarter, however they have predicted annual earnings per share of 0.48 for current year and 0.94 for next year.

Analysts have forecast the company to bring in revenue of 745.96M for the current quarter, with the likely lows of 687.9M and highs of 795.64M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 3.21B.

On the technical side, indicators suggest TROX has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned TROX a recommendation rating is 10. Out of them, 2 rate it a Hold, while 7 recommend Buy, whereas 1 assign an Overweight rating. 0 analyst(s) have tagged Tronox Holdings plc (TROX) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that TROX’s price is currently 0.67% off the SMA20 and -14.89% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.85, and weekly volatility stands at 3.94%. When measured over the past 30 days, the indicator reaches 5.07%. Tronox Holdings plc (NYSE:TROX)’s beta value is currently sitting at 1.51, while the Average True Range indicator is currently displaying 0.40. With analysts defining $14-$19 as the low and high price targets, we arrive at a consensus price target of $17 for the trailing 12-month period. The current price is about -89.96% off the estimated low and -157.8% off the forecast high, based on this estimate. Investors will be thrilled if TROX’s share price rises to $17, which is the median consensus price. At that level, TROX’s share price would be -130.66% below current price.

To see how Tronox Holdings plc stock has been performing in comparison to its peers in the industry, here are the numbers: TROX stock’s performance was 1.80% in the latest trading, and -56.95% in the past year.

An evaluation of the daily trading volume of Tronox Holdings plc (NYSE:TROX) indicates that the 3-month average is 1.66 million. However, this figure has increased over the past 10 days to an average of 1.9.

Currently, records show that 157.94 million of the company’s shares remain outstanding. The insiders hold 26.84% of outstanding shares, whereas institutions hold 73.85%. The stats also highlight that short interest as of 2025-02-28, stood at 6.23 million shares, resulting in a short ratio of 3.19 at that time. From this, we can conclude that short interest is 661.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were down slightly from the previous month’s figure, which was 7.5 million. However, since the stock’s price has seen -26.81% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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