Here is how Tronox Holdings plc (TROX) stock might take investors finances to the next level

Tronox Holdings plc [TROX] stock is trading at $17.16, up 0.18%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TROX shares have gain 2.94% over the last week, with a monthly amount glided 15.25%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Tronox Holdings plc [NYSE: TROX] stock has seen the most recent analyst activity on December 18, 2023, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $18 from $11. Previously, JP Morgan downgraded its rating to Neutral on October 27, 2023, and dropped its price target to $11. On September 07, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $15 on the stock. Credit Suisse upgraded its rating to a Neutral and increased its price target to $13 on August 08, 2023. Credit Suisse initiated its recommendation with a Underperform and recommended $10 as its price target on November 01, 2022. Goldman started tracking with a Buy rating for this stock on October 13, 2022, and assigned it a price target of $16. In a note dated September 19, 2022, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $21 to $16.

Tronox Holdings plc [TROX] stock has fluctuated between $10.08 and $17.42 over the past year. Currently, Wall Street analysts expect the stock to reach $18.5 within the next 12 months. Tronox Holdings plc [NYSE: TROX] shares were valued at $17.16 at the most recent close of the market. An investor can expect a potential return of 7.81% based on the average TROX price forecast.

Analyzing the TROX fundamentals

Tronox Holdings plc [NYSE:TROX] reported sales of 2.85B for the trailing twelve months, which represents a growth of 7.19%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.15 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.47.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.05 points at the first support level, and at 16.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.33, and for the 2nd resistance point, it is at 17.51.

Ratios To Look Out For

For context, Tronox Holdings plc’s Current Ratio is 2.84. As well, the Quick Ratio is 0.95, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 1.39.

Transactions by insiders

Recent insider trading involved Turgeon Jean Francois, Co-CEO and Director, that happened on Mar 06 ’24 when 51996.0 shares were sold. Co-CEO and Director, Romano John D completed a deal on Mar 06 ’24 to sell 42768.0 shares. Meanwhile, SVP, General Counsel & Sec. Neuman Jeffrey N sold 23500.0 shares on Mar 06 ’24.

Related Posts