Recent exceptional negative changes in investment behavior have affected Kronos Worldwide Inc (NYSE: KRO): its shorter term price trend turned down, and the stock fell on very heavy volume.
Kronos Worldwide Inc (NYSE: KRO) suffers from significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
KRO is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Kronos Worldwide has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kronos Worldwide has a neutral Power Rating of 47 and a neutral Appreciation Score of 46, with the Low Neutral Value Trend Rating the result.
Recent Price Action
On 2/28/24, Kronos Worldwide Inc (NYSE: KRO) stock declined modestly by -1.6%, closing at $8.67. Moreover, this decline was accompanied by exceptionally high trading volume at 365% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.1% during the last week.
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