Kronos Worldwide (NYSE:KRO) Stock Price Up 5.1% – Should You Buy?

Kronos Worldwide Inc (NYSE:KRO)’s stock price shot up 5.1% during trading on Monday . The stock traded as high as $8.65 and last traded at $8.6150. 154,603 shares were traded during mid-day trading, a decline of 56% from the average session volume of 347,880 shares. The stock had previously closed at $8.20.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on KRO. Zacks Research lowered shares of Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Wall Street Zen upgraded Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $8.00 target price on shares of Kronos Worldwide in a research report on Thursday, August 13th. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Sell” and a consensus target price of $8.00.

Kronos Worldwide Trading Up 5.5%

The company has a debt-to-equity ratio of 0.76, a current ratio of 3.30 and a quick ratio of 1.55. The company has a market cap of $995.60 million, a price-to-earnings ratio of -9.11 and a beta of 1.01. The business has a 50 day simple moving average of $6.85 and a 200 day simple moving average of $6.58.

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

Kronos Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio (DPR) is -21.05%.

Institutional Trading of Kronos Worldwide

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KRO. Monaco Asset Management SAM bought a new stake in Kronos Worldwide in the 2nd quarter valued at $964,000. GSA Capital Partners LLP acquired a new position in shares of Kronos Worldwide during the 2nd quarter worth approximately $582,000. Group One Trading LLC acquired a new position in shares of Kronos Worldwide during the 2nd quarter worth approximately $41,000. Allworth Financial LP acquired a new position in shares of Kronos Worldwide during the 2nd quarter worth approximately $441,000. Finally, IMC Chicago LLC bought a new position in shares of Kronos Worldwide during the second quarter worth approximately $65,000. 15.11% of the stock is currently owned by institutional investors and hedge funds.

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.