Tronox (TROX) Scheduled to Post Earnings on Wednesday

Tronox (NYSE:TROX) will be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Tronox to post earnings of $0.00 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Tronox (NYSE:TROX) last announced its earnings results on Thursday, February 15th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.33). The business had revenue of $686.00 million for the quarter, compared to analysts’ expectations of $668.95 million. Tronox had a negative net margin of 11.09% and a negative return on equity of 1.13%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.17) EPS. On average, analysts expect Tronox to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tronox Stock Up 1.9 %

Shares of NYSE TROX opened at $17.46 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.95 and a current ratio of 2.84. The firm has a market capitalization of $2.74 billion, a price-to-earnings ratio of -8.64, a PEG ratio of 22.15 and a beta of 1.93. The stock has a 50 day moving average price of $15.94 and a 200 day moving average price of $13.83. Tronox has a 52-week low of $10.08 and a 52-week high of $17.89.

Tronox Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Monday, March 4th were issued a $0.125 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.86%. Tronox’s payout ratio is -24.75%.

Analysts Set New Price Targets

Several research firms recently issued reports on TROX. UBS Group upped their target price on Tronox from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, January 11th. BMO Capital Markets upped their price target on shares of Tronox from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Tuesday, February 20th. Finally, StockNews.com raised shares of Tronox to a “sell” rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $14.86.

About Tronox

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.