Brokerages Expect Kronos Worldwide To Post $0.23 EPS (NYSE: KRO)

July 31, 2015 Admin Worldwide News

Kronos Worldwide (NYSE: KRO) has actually made a typical broker rating score of 3.50 (Offer) from the four experts that cover the company, Zacks Financial investment Research study reports. One equities research study analyst has actually rated the stock with a strong sell rating and three have offered a hold rating to the company.

Brokers have set a 12-month agreement target price of $11.83 for the business and are anticipating that the company will certainly post $0.23 earnings per share for the existing quarter, according to Zacks. Zacks has actually also provided Kronos Worldwide an industry rank of 172 out of 265 based on the scores offered to relevant business.

Shares of Kronos Worldwide (NYSE: KRO) opened at 10.33 on Friday. Kronos Worldwide has a one year low of $10.33 and a one year high of $16.07. The stock’s 50-day moving average is $11.76 and its 200-day moving average is $12.31. The business has a market cap of $1.20 billion and a price-to-earnings ratio of 11.59.

Kronos Worldwide (NYSE: KRO) last published its quarterly revenues results on Wednesday, May 6th. The company reported $0.16 EPS for the quarter, meeting the Thomson Reuters agreement estimate of $0.16. The business had profits of $365.10 million for the quarter, compared to the consensus quote of $410.30 million. Throughout the same quarter in the previous year, the business published $0.12 profits per share. The business’s quarterly revenue was down 13.1 % on a year-over-year basis. Experts anticipate that Kronos Worldwide will publish $0.78 EPS for the current fiscal year.

The company likewise recently stated a quarterly dividend, which was paid on Thursday, June 18th. Financiers of record on Monday, June 8th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.81 %. The ex-dividend date of this dividend was Thursday, June 4th.

Several experts have actually recently talked about the stock. Analysts at Barclays reduced their rate target on shares of Kronos Worldwide from $12.00 to $11.00 and set an undernourished score on the stock in a research study note on Wednesday, May 20th. Analysts at SunTrust updated shares of Kronos Worldwide from a reduce score to a neutral score in a research study note on Wednesday, March 18th. Finally, analysts at Deutsche Bank reduced their rate target on shares of Kronos Worldwide from $15.00 to $13.50 and set a hold score on the stock in a research study note on Monday, March 16th.

In other Kronos Worldwide news, Chairman Steven L. Watson bought 10,000 shares of Kronos Worldwide stock in a deal that took place on Friday, Might 8th. The shares were acquired at an average price of $12.04 per share, for a total deal of $120,400.00. The transaction was divulged in a document submitted with the Securities amp; Exchange Commission, which can be accessed through this link.

Kronos Worldwide, Inc. (NYSE: KRO) is an international manufacturer and marketer of titanium dioxide pigments (TiO2). TiO2 is utilized for a variety of producing applications, including layers, plastics, paper, and other industrial and specialized items. The Business’s products consist of anatase pigments; rutile pigments for finishes, plastics and paper; non-pigmentary; food, drug and cosmetic grades; picture drivers; and titanium chemicals. The Company’s range of products includes over 40 various TiO2 pigment grades under the Kronos brand. It ships TiO2 to its customers in either a powder or slurry kind through rail, truck or ocean provider. The Company, and its agents and distributors offer and provide technical services for its items in 3 end-use markets: coverings, plastics and paper.

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