Significant negative changes in Tronox Holdings plc (NYSE: TROX) fundamentals have recently occurred: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Important negative changes in Tronox Holdings plc (NYSE: TROX) investment behavior have recently occurred: negative upside/downside volume developed.
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
TROX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Tronox Holdings plc has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Tronox Holdings plc has a good Appreciation Score of 81 but a poor Power Rating of 20, producing the Neutral Value Trend Rating.
Recent Price Action
On 11/9/23, Tronox Holdings plc (NYSE: TROX) stock declined modestly by -0.4%, closing at $10.98. Relative to the market the stock has been weak over the last nine months but has risen 4.9% during the last week.
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