Key Takeaways From Tronox Holdings Analyst Ratings
Portfolio Pulse from Benzinga Insights
Tronox Holdings (NYSE:TROX) has been rated by 5 analysts in the past three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for TROX has risen to $14.00, up from $13.20, with a high estimate of $18.00 and a low of $11.00. Analysts from UBS, BMO Capital, Barclays, and JP Morgan have adjusted their price targets and ratings, reflecting their latest views on the company's performance and market conditions. Tronox Holdings is a vertically integrated TiO2 pigment manufacturer with operations across various regions and has recently shown a -26.03% decline in revenue growth, a net margin of -2.11%, an ROE of -0.69%, and an ROA of -0.23%, with a debt-to-equity ratio of 1.48.
January 11, 2024 | 4:00 pm
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NEUTRAL IMPACT
Tronox Holdings has seen a shift towards a neutral stance among analysts, with an increased average price target of $14.00. The company's financial performance shows a significant revenue decline but maintains a strong net margin and debt management.
The neutral ratings and the increase in the average price target suggest a balanced view from analysts, indicating no strong short-term price movement. The financial challenges may temper investor enthusiasm, while the improved price target and solid profitability metrics could provide some support to the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100