Somewhat Positive News Coverage Somewhat Unlikely to Impact Tronox (TROX) Share Price

Media stories about Tronox (NYSE:TROX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tronox earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3940857450836 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

TROX has been the topic of several recent research reports. ValuEngine raised shares of Tronox from a “sell” rating to a “hold” rating in a report on Thursday, February 15th. BMO Capital Markets initiated coverage on shares of Tronox in a report on Wednesday, March 28th. They issued an “outperform” rating and a $24.00 price target on the stock. Finally, Barclays reaffirmed an “overweight” rating on shares of Tronox in a report on Monday, March 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $27.00.

NYSE:TROX opened at $18.30 on Friday. Tronox has a one year low of $12.88 and a one year high of $28.40. The company has a debt-to-equity ratio of 3.02, a quick ratio of 6.73 and a current ratio of 8.20. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of -67.78, a price-to-earnings-growth ratio of 2.59 and a beta of 3.21.

Tronox (NYSE:TROX) last posted its quarterly earnings results on Wednesday, May 9th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.13). Tronox had a negative net margin of 14.67% and a positive return on equity of 3.68%. The business had revenue of $442.00 million during the quarter, compared to analysts’ expectations of $471.14 million. sell-side analysts anticipate that Tronox will post 0.7 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Monday, May 21st will be paid a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Friday, May 18th. Tronox’s payout ratio is currently -66.67%.

About Tronox

Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. The company engages in the exploration, mining, and beneficiation of mineral sands deposits. It also produces titanium feedstock, including chloride slag, slag fines, rutile, synthetic rutile, leucoxene, titanium slag, and ilmenite, as well as pig iron and zircon; and suplies and markets TiO2 under the TRONOX brand name, which is used in the manufacture of paint and other coatings, and plastics and paper, as well as in various other applications comprising inks, fibers, rubber, food, cosmetics, and pharmaceuticals.

Insider Buying and Selling by Quarter for Tronox (NYSE:TROX)

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