Investors are poised to add Tronox Holdings plc (TROX) Stock to their long term portfolios

Tronox Holdings plc [TROX] stock prices are up 5.13% to $14.35 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TROX shares have gain 1.85% over the last week, with a monthly amount glided 22.23%, and 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 October 10, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $19 from $17. Previously, Mizuho started tracking the stock with Neutral rating on June 07, 2024, and set its price target to $22. On December 18, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $18 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $11 on October 27, 2023. UBS downgraded its rating to a Neutral and reduced its price target to $15 on September 07, 2023. Credit Suisse upgraded its rating to Neutral for this stock on August 08, 2023, and upped its price target to $13. In a note dated November 01, 2022, Credit Suisse initiated an Underperform rating and provided a target price of $10 on this stock.

The stock price of Tronox Holdings plc [TROX] has been fluctuating between $10.08 and $20.70 over the past year. 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 $14.35 at the most recent close of the market. An investor can expect a potential return of 42.37% based on the average TROX price forecast.

Analyzing the TROX fundamentals

The Tronox Holdings plc [NYSE:TROX] reported sales of 2.94B for trailing twelve months, representing a surge of 3.27%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.49.

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 14.00 points at the first support level, and at 13.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.67, and for the 2nd resistance point, it is at 14.98.

Ratios To Look Out For

It’s worth pointing out that Tronox Holdings plc [NYSE:TROX]’s Current Ratio is 2.98. On the other hand, the Quick Ratio is 1.08, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 1.19.

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.

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