Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Kronos Worldwide Inc (NYSE: KRO) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Kronos Worldwide Inc (NYSE: KRO) stock closed at $13.67 on 6/14/24 after a decline of -4.3%. Moreover, above average trading volume at 141% of normal accompanied the decline. The stock has declined -1.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KRO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Kronos Worldwide has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Kronos Worldwide has a poor Appreciation Score of 26 but a very high Power Rating of 95, leading to the High Neutral Value Trend Rating.
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