Tronox Holdings Plc Stock Today

TROX Stock  USD 17.37  0.24  1.36%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 30

 
High
 
Low
Below Average
Tronox Holdings is trading at 17.37 as of the 26th of April 2024; that is -1.36 percent down since the beginning of the trading day. The stock's open price was 17.61. Tronox Holdings has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Tronox Holdings PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of May 2022 and ending today, the 26th of April 2024. Click here to learn more.
Business Domain
Materials
IPO Date
22nd of November 2005
Category
Basic Materials
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The companys products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications. The company has 157.84 M outstanding shares of which 6.46 M shares are at this time shorted by private and institutional investors with about 5.43 trading days to cover. More on Tronox Holdings PLC

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Follow Valuation Options Odds of Bankruptcy
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Tronox Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tronox Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tronox Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJohn Romano
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, NYSE Composite, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Tronox Holdings report their recommendations after researching Tronox Holdings' financial statements, talking to executives and customers, or listening in on Tronox Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tronox Holdings PLC. The Tronox consensus assessment is calculated by taking the average forecast from all of the analysts covering Tronox Holdings.
Financial Strength
Based on the key indicators related to Tronox Holdings' liquidity, profitability, solvency, and operating efficiency, Tronox Holdings PLC may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Tronox Holdings PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.640.4646
Significantly Up
Slightly volatile
Gross Profit Margin0.120.1621
Way Down
Slightly volatile
Total Current Liabilities532.9 M753 M
Way Down
Slightly volatile
Non Current Liabilities Total2.6 B3.4 B
Significantly Down
Slightly volatile
Total AssetsB6.1 B
Way Down
Slightly volatile
Total Current Assets1.8 B2.1 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities245.1 M184 M
Significantly Up
Slightly volatile
Tronox Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tronox Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tronox Holdings' financial leverage. It provides some insight into what part of Tronox Holdings' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Tronox Holdings' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Tronox Holdings deploys its capital and how much of that capital is borrowed.
Liquidity
Tronox Holdings cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.95 B in liabilities with Debt to Equity (D/E) ratio of 1.14, which is about average as compared to similar companies. Tronox Holdings PLC has a current ratio of 2.3, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Tronox Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Tronox Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tronox Holdings PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tronox to invest in growth at high rates of return. When we think about Tronox Holdings' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

(165.3 Million)
Tronox Holdings PLC (TROX) is traded on New York Stock Exchange in USA. It is located in 263 Tresser Boulevard, Stamford, CT, United States, 06901 and employs 6,500 people. Tronox Holdings is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tronox Holdings's market, we take the total number of its shares issued and multiply it by Tronox Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tronox Holdings PLC conducts business under Chemicals sector and is part of Materials industry. The entity has 157.84 M outstanding shares of which 6.46 M shares are at this time shorted by private and institutional investors with about 5.43 trading days to cover. Tronox Holdings PLC currently holds about 91 M in cash with 184 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.59.
Check Tronox Holdings Probability Of Bankruptcy
Ownership Allocation
Tronox Holdings PLC shows a total of 157.84 Million outstanding shares. The majority of Tronox Holdings PLC outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tronox Holdings to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tronox Holdings PLC. Please pay attention to any change in the institutional holdings of Tronox Holdings PLC as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tronox Ownership Details

Tronox Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Tronox Holdings jumping above the current price in 90 days from now is about 9.42%. The Tronox Holdings PLC probability density function shows the probability of Tronox Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.4638. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tronox Holdings will likely underperform. Additionally, tronox Holdings PLC has an alpha of 0.3168, implying that it can generate a 0.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 17.37HorizonTargetOdds Above 17.37
90.51%90 days
 17.37 
9.42%
Based on a normal probability distribution, the odds of Tronox Holdings to move above the current price in 90 days from now is about 9.42 (This Tronox Holdings PLC probability density function shows the probability of Tronox Stock to fall within a particular range of prices over 90 days) .

Tronox Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Tronox Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tronox Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tronox Holdings' value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
M
Marshall Wace Asset Management Ltd2023-12-31
1.5 M
Victory Capital Management Inc.2023-12-31
1.4 M
Primecap Management Company2023-12-31
1.2 M
Bridgeway Capital Management, Llc2023-12-31
1.2 M
Private Capital Management, Llc2023-12-31
1.2 M
Bank Of New York Mellon Corp2023-12-31
1.2 M
Northern Trust Corp2023-12-31
1.1 M
Fmr Inc2023-12-31
23.5 M
Vanguard Group Inc2023-12-31
12.5 M
View Tronox Holdings Diagnostics

Tronox Holdings Historical Income Statement

Tronox Holdings PLC Income Statement is one of the three primary financial statements used for reporting Tronox's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tronox Holdings PLC revenue and expense. Tronox Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tronox Holdings' Income Before Tax is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 381.1 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 207.4 M in 2024. View More Fundamentals

Tronox Stock Against Markets

Picking the right benchmark for Tronox Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tronox Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tronox Holdings is critical whether you are bullish or bearish towards Tronox Holdings PLC at a given time. Please also check how Tronox Holdings' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tronox Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Tronox Holdings Corporate Directors

Tronox Holdings corporate directors refer to members of a Tronox Holdings board of directors. The board of directors generally takes responsibility for the Tronox Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tronox Holdings' board members must vote for the resolution. The Tronox Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Tronox Stock?

Before investing in Tronox Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tronox Holdings. To buy Tronox Holdings stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tronox Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Tronox Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Tronox Holdings PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Tronox Holdings PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tronox Holdings PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tronox Stock please use our How to Invest in Tronox Holdings guide.

Already Invested in Tronox Holdings PLC?

The danger of trading Tronox Holdings PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tronox Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tronox Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tronox Holdings PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tronox Holdings PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tronox Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tronox Holdings Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tronox Holdings Plc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Tronox Holdings' price analysis, check to measure Tronox Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tronox Holdings is operating at the current time. Most of Tronox Holdings' value examination focuses on studying past and present price action to predict the probability of Tronox Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tronox Holdings' price. Additionally, you may evaluate how the addition of Tronox Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Tronox Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tronox Holdings. If investors know Tronox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tronox Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.482
Dividend Share
0.5
Earnings Share
(2.02)
Revenue Per Share
18.223
Quarterly Revenue Growth
0.057
The market value of Tronox Holdings PLC is measured differently than its book value, which is the value of Tronox that is recorded on the company's balance sheet. Investors also form their own opinion of Tronox Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tronox Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tronox Holdings' market value can be influenced by many factors that don't directly affect Tronox Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tronox Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tronox Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tronox Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.