Kronos Worldwide (NYSE:KRO) Trading Down 6% – Time to Sell?

Shares of Kronos Worldwide Inc (NYSE:KRO) dropped 6% on Wednesday . The stock traded as low as $7.84 and last traded at $7.87. Approximately 139,951 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 348,035 shares. The stock had previously closed at $8.37.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded Kronos Worldwide from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research raised shares of Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.00.

Kronos Worldwide Price Performance

The company has a current ratio of 3.30, a quick ratio of 1.55 and a debt-to-equity ratio of 0.76. The company has a market cap of $902.37 million, a PE ratio of -8.25 and a beta of 1.01. The firm has a 50 day moving average of $6.62 and a two-hundred day moving average of $6.42.

Kronos Worldwide (NYSE:KRO) last announced its quarterly earnings data on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%.The business had revenue of $558.10 million during the quarter, compared to analysts’ expectations of $484.51 million. Research analysts predict that Kronos Worldwide Inc will post -0.33 earnings per share for the current fiscal year.

Kronos Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, September 3rd. Kronos Worldwide’s payout ratio is currently -21.05%.

Institutional Trading of Kronos Worldwide

Several institutional investors have recently bought and sold shares of KRO. Ieq Capital LLC purchased a new position in Kronos Worldwide in the second quarter worth about $192,000. Allworth Financial LP purchased a new stake in shares of Kronos Worldwide during the second quarter valued at approximately $441,000. BlackRock Inc. bought a new stake in shares of Kronos Worldwide during the second quarter valued at approximately $10,886,000. Deutsche Bank AG bought a new stake in shares of Kronos Worldwide during the second quarter valued at approximately $136,000. Finally, Monaco Asset Management SAM purchased a new position in Kronos Worldwide in the 2nd quarter worth approximately $964,000. 15.11% of the stock is owned by hedge funds and other institutional investors.

Kronos Worldwide Company Profile

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.