What Is The Outlook For Tronox Holdings plc (TROX) Now?

Wall Street analysts will be watching closely when Tronox Holdings plc (NYSE:TROX) reports its quarterly earnings next, which is scheduled for Thu 9 May (In 23 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.32 per share. In the preceding quarter, the company reportedly generated EPS of $0.06 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 9.30%, a profit margin of -0.40% and a gross margin of 27.40%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Tronox Holdings plc (NYSE:TROX). Most recently, on February 7th, 2018, Wells Fargo Initiated a Outperform rating. Before that, on January 30th, 2018, Morgan Stanley Initiated to Equal-Weight. Barclays Initiated a Overweight rating on December 14th, 2017, JP Morgan Initiated an Overweight rating on October 24th, 2017, and RBC Capital Mkts Reiterated a Outperform rating on August 13th, 2015.

At its current price point, combined with the fact that this company has 123.03M shares outstanding, the current market capitalization sits at 1.87B. In the last trading day, 3,582,414 shares of Tronox Holdings plc were traded, which compares to its usual volume of about 1.42M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $2.16 in the past five trading days, resulting in a percentage change of +16.62% and a moving average of 14.67. In the past 20 days, its price changed by $2.46 (which is +19.37%) and the stock’s moving average was 13.44. Looking back a full 50 days, shares of TROX changed by $5.79 (which is +61.79%) and demonstrated a moving average of 12.12.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 90.64%, a 14-day Stochastic %K score of 92.60% and a 20-day Stochastic %K score of 93.66%. Using a similar metric, Tronox Holdings plc (TROX) shares showed a Stochastic %D of 81.66% over the past 9 days, a Stochastic %D score of 86.21% over the last 14 days, and a 20-day Stochastic %D of 88.43%. Meanwhile, this stock’s MACD Oscillator was 0.94 over the past 9 days, 1.26 over the past two weeks, and 1.58 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $15.16 level. Over the past 12 months, this stock has experienced a high price of $21.04 and a low of $6.46. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

TIAACREF Investment Management L sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Tronox Holdings plc (NYSE:TROX) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 9,806,545 shares of the company’s stock following the subtraction of -515,763 to this investor’s holdings during the three-month period. This share count represents that TIAACREF Investment Management L now held 10.39% stake in Tronox Holdings plc (TROX)’s shares.

Just in the most recent trading day, Tronox Holdings plc (NYSE:TROX) experienced a high price of $15.41 and low point of $15.00. At the end of the last trading session, this stock was at 15.16 per share, following a loss of -$15.22, or -0.39% during the full day.