Alert: Negative Investment/Fundamental Signals (8/5/24)-Tronox Holdings plc (NYSE: TROX)

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Meaningful negative changes in fundamentals have recently occurred for Tronox Holdings plc (NYSE: TROX): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Significant negative changes in investment behavior have recently occurred for Tronox Holdings plc (NYSE: TROX): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

TROX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Tronox Holdings plc has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tronox Holdings plc has a slightly positive Appreciation Score of 63 and a good Power Rating of 80, producing the Positive Value Trend Rating.

Recent Price Action

Tronox Holdings plc (NYSE: TROX) stock declined by -4.9% on 8/5/24. The shares closed at $12.66. Moreover, above average trading volume at 132% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -22.0% during the last week.

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