For its third fiscal quarter (ending September 30), Tronox Holdings plc (NYSE: TROX) has reported a 78% increase in E.P.S. from $-0.09 a year ago to $-0.16 in the current quarter. E.P.S. were $-0.47 for the latest four quarters through September 30 versus $-1.75 for the same period a year ago — a decline of -73%.
Recent Price Action
On 10/24/24, Tronox Holdings plc (NYSE: TROX) stock rose slightly by 0.1%, closing at $13.44. Moreover, unusually high trading volume at 157% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -7.8% during the last week.
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 D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tronox Holdings plc has a slightly positive Appreciation Score of 62 but a poor Power Rating of 19, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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