Tronox Holdings plc (TROX) – Long Run Forecast Pointing to Profits

Neuman Jeffrey N, SVP, General Counsel & Sec., added 4,000 shares of Tronox Holdings plc (TROX) to its portfolio at the rate of $7.60 per share valuing $30,392 on Aug 15. The insider has now 83,510 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $10.98, with a 2nd Resistance Point sitting at $11.31. Meanwhile, this company’s stock has a 1st Support Level at $10.42 and a 2nd Support Level at $10.18. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Tronox Holdings plc (TROX) was $10.65. Tronox Holdings plc (TROX) stock has lost -$0.95, or -6.17%, in the past five days. In the last full month, these shares have gained $1.44, or 15.64%. In the past three months, this stock’s price has risen by $3.57, or 50.42%. This year-to-date, Tronox Holdings plc (TROX) shares have gained $2.87, or 36.89%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Tronox Holdings plc (TROX) stock, 50% of short-term indicators suggest that these shares are a “ Buy .”

With 141,888 K shares outstanding, this company currently has a market capitalization of $1,623,199K. Tronox Holdings plc (TROX) generates $1,819 M in annual sales, amounting to annual net income of -$7,000 K. This stock has generated a 1-Year Total Return of -2.47%, a 3-Year Total Return of -2.80%, and a 5-year Total Return of -47.40%. This stock’s 5-Year Dividend Growth is -82.00%, with its most recent dividend valued at $0.045 per share on 11/18/19. Its Annual Dividend Yield is 1.57%, and its Annual Dividend Rate is 0.18.

In the most recently-reported fiscal quarter, which ended in 09/19, Tronox Holdings plc (TROX) reported earnings of $0.21 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.15 per share, representing a 0.06 difference and 40.00% surprise. In the previous quarter ending in 06/19, the reported earnings of $0.26 represented a 0.17 difference from the consensus estimate calling for $0.09 per share, which was a 188.89% surprise.

For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is $0.15 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.22 and the low estimate was $0.07. In the year-ago quarter, Tronox Holdings plc (TROX) generated per-share earnings of $0.06. If the analysts are correct about the current quarter’s earnings, the growth will be +150.00%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 9 insider buys amounting to 41,555 shares and 2 insider sales amounting to 421 shares. In the past full year, 37 insider purchases were made (involving 1,236,468 shares) and 24 insider sell-offs equivalent to 265,406 shares.

Moving onto liquidity, Tronox Holdings plc (TROX) has a Current Ratio of 8.48, a Quick Ratio of 6.88 and a Cash Ratio of 5.65. Looking at this company’s capital structure, its Total Debt to Total Equity is 462.81, its Total Debt to Total Capital is 82.23, and its Total Debt to Total Assets is now 68.10. Looking even further ahead into the future, its Long-Term Debt to Equity is 1.18 and its Long-Term Debt to Total Capital is 459.59.