Kronos Worldwide (NYSE:KRO) Stock Crosses Above 200 Day Moving Average – What’s Next?

Kronos Worldwide Inc (NYSE:KROGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.32 and traded as high as $5.62. Kronos Worldwide shares last traded at $5.4050, with a volume of 664,656 shares.

Analysts Set New Price Targets

KRO has been the subject of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a research note on Tuesday, December 16th. Zacks Research cut shares of Kronos Worldwide from a “hold” rating to a “strong sell” rating in a research report on Friday, March 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat, Kronos Worldwide has an average rating of “Strong Sell” and a consensus price target of $6.00.

View Our Latest Stock Analysis on Kronos Worldwide

Kronos Worldwide Trading Down 2.3%

The company has a quick ratio of 0.99, a current ratio of 2.70 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $621.86 million, a P/E ratio of -5.63 and a beta of 1.12. The firm’s 50-day simple moving average is $5.69 and its 200-day simple moving average is $5.32.

Kronos Worldwide (NYSE:KROGet Free Report) last issued its quarterly earnings results on Monday, March 9th. The specialty chemicals company reported ($0.72) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.46). The company had revenue of $418.30 million during the quarter, compared to the consensus estimate of $373.26 million. Kronos Worldwide had a negative return on equity of 11.72% and a negative net margin of 5.96%.

Kronos Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Tuesday, March 10th were given a $0.05 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.20 annualized dividend and a yield of 3.7%. Kronos Worldwide’s payout ratio is -20.83%.

Institutional Investors Weigh In On Kronos Worldwide

A number of large investors have recently added to or reduced their stakes in KRO. State of Alaska Department of Revenue bought a new stake in Kronos Worldwide during the third quarter worth about $30,000. Raymond James Financial Inc. bought a new position in shares of Kronos Worldwide during the 2nd quarter valued at about $42,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Kronos Worldwide during the 3rd quarter valued at about $40,000. Jain Global LLC purchased a new position in shares of Kronos Worldwide during the 4th quarter valued at about $46,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Kronos Worldwide in the 2nd quarter worth approximately $70,000. Hedge funds and other institutional investors own 15.11% of the company’s stock.

Kronos Worldwide Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Kronos Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.