Stock Rating Upgrade
The Value Trend Rating for Kronos Worldwide Inc (NYSE: KRO) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Kronos Worldwide Inc (NYSE: KRO) stock closed at $13.14 on 6/21/24 after a slight decline of -0.5%. Moreover, trading volume in this decline was unusually high at 163% of normal. The stock has declined -5.7% 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 B (Positive). This VT Rating improved in recent days from C previously. 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 28 but a very high Power Rating of 95, with the Positive Value Trend Rating the result.
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