Tronox Ltd (TROX) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS
- Author: Joanne Flowers Feb 23, 2017,
Feb 23, 2017, 14:45
According to 2 analysts, Price Target for Tronox Limited (NYSE:TROX) may hit a high of $17. The Stock now has the market capitalization of $2.24 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 4.84% and monthly volatility of 4.22% respectively.
On Sep 16 Tronox Limited (NYSE:TROX) reported its EPS in the last quarter as $-0.34/Share beating the analyst estimate of $-0.37/Share by the difference of $0.03. Revenue is expected in between 503.09 Million and 503.09 Million with an average of 503.09 Million. During the same quarter in the prior year, the company earned ($0.66) earnings per share. 2 Analysts reported that the Price Target for Tronox Limited might touch $17 high while the Average Price Target and Low price Target is $12 and $7 respectively. Investors of record on Monday, March 6th will be given a $0.045 dividend. In a research note issued on Aug 06, 2015, analysts at downgraded the stock to Neutral from Buy.
Looking forward, the company is expected to report earnings of $-0.17 per share for the current quarter. Out of rating recommendations 0 have given the stock a Buy while 1 recommend the stock as Outperform.
The company shows its Return on Assets (ROA) value of -5.5%.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 47.25% where SMA50 and SMA200 are 59.69% and 124.35% respectively.
On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. This represents a $0.18 annualized dividend and a yield of 0.92%. The Stock has YTD (year to date) performance of 88.85 percent. The Stock now has a Weekly Volatility of 4.84% and Monthly Volatility of 4.22%. In the last six months the stock's performance soared 131.79% while yearly performance of the company advanced 454.70%. Its weekly performance showed upward trend of 34.65 percent.
Tronox Limited (NYSE:TROX) topped its 52-week high price of $19.79 on Feb 21, 2017 and 52-Week Low Price of $2.99 on Feb 24, 2016. Total debt to equity ratio of the company for most recent quarter is 3.53 whereas long term debt to equity ratio for most recent quarter is 3.34.
Relative strength index (RSI-14) for Tronox Ltd (NYSE:TROX) is at 89.35. The business's quarterly revenue was up 2.4% on a year-over-year basis.