News articles about Kronos Worldwide (NYSE:KRO) have been trending somewhat positive recently, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kronos Worldwide earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the specialty chemicals company an impact score of 47.0124361904049 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Kronos Worldwide (NYSE:KRO) traded up $0.84 during trading on Thursday, reaching $27.39. The company’s stock had a trading volume of 505,101 shares, compared to its average volume of 485,640. The company has a quick ratio of 2.86, a current ratio of 4.26 and a debt-to-equity ratio of 0.66. Kronos Worldwide has a twelve month low of $11.12 and a twelve month high of $27.92. The company has a market capitalization of $3,160.00, a P/E ratio of 18.28, a price-to-earnings-growth ratio of 3.32 and a beta of 2.16.
Kronos Worldwide (NYSE:KRO) last released its earnings results on Wednesday, November 8th. The specialty chemicals company reported $0.64 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.21. Kronos Worldwide had a return on equity of 31.38% and a net margin of 20.52%. The business had revenue of $464.50 million for the quarter, compared to the consensus estimate of $448.00 million. During the same period in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. equities analysts expect that Kronos Worldwide will post 1.61 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, December 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Tuesday, December 5th. Kronos Worldwide’s dividend payout ratio (DPR) is 21.05%.
Several research firms have recently issued reports on KRO. Barclays PLC boosted their target price on Kronos Worldwide from $15.00 to $17.00 and gave the company an “underweight” rating in a research note on Thursday, August 10th. BidaskClub lowered Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 9th. ValuEngine lowered Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded Kronos Worldwide from a “hold” rating to a “strong-buy” rating and set a $24.00 price target on the stock in a research report on Friday, July 28th. Finally, SunTrust Banks, Inc. lifted their price target on Kronos Worldwide from $21.00 to $24.00 and gave the company a “hold” rating in a research report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $24.00.
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Kronos Worldwide Company Profile
Kronos Worldwide, Inc (Kronos) is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe and North America.
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