At the time of writing, Tronox Holdings plc [TROX] stock is trading at $12.96, up 6.40%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TROX shares have gain 10.67% over the last week, with a monthly amount drifted -3.64%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Tronox Holdings plc [NYSE: TROX] stock has seen the most recent analyst activity on June 07, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $22. Previously, BMO Capital Markets upgraded its rating to Outperform on December 18, 2023, and elevated its price target to $18. On October 27, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $11 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $15 on September 07, 2023. Credit Suisse upgraded its rating to a Neutral and raised its price target to $13 on August 08, 2023. Credit Suisse started tracking with a Underperform rating for this stock on November 01, 2022, and assigned it a price target of $10. In a note dated October 13, 2022, Goldman initiated an Buy rating and provided a target price of $16 on this stock.
For the past year, the stock price of Tronox Holdings plc fluctuated between $10.08 and $20.70. Currently, Wall Street analysts expect the stock to reach $20.43 within the next 12 months. Tronox Holdings plc [NYSE: TROX] shares were valued at $12.96 at the most recent close of the market. An investor can expect a potential return of 57.64% based on the average TROX price forecast.
Analyzing the TROX fundamentals
According to Tronox Holdings plc [NYSE:TROX], the company’s sales were 2.94B for trailing twelve months, which represents an 3.27% jump. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.49.
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 12.56 points at the first support level, and at 12.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.17, and for the 2nd resistance point, it is at 13.38.
Ratios To Look Out For
It is important to note that Tronox Holdings plc [NYSE:TROX] has a current ratio of 2.98. Also, the Quick Ratio is 1.08, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 1.08.
Transactions by insiders
Recent insider trading involved Engle Jeffrey A., SVP, Commercial and Strategy, that happened on Mar 06 ’24 when 12050.0 shares were sold. Principal Accounting Officer, Flood Jonathan completed a deal on Mar 06 ’24 to sell 5350.0 shares. Meanwhile, SVP, General Counsel & Sec. Neuman Jeffrey N sold 23500.0 shares on Mar 06 ’24.
