Kronos Worldwide (NYSE:KRO) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Kronos Worldwide Inc (NYSE:KRO) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.73 and traded as high as $8.86. Kronos Worldwide shares last traded at $8.43, with a volume of 259,729 shares trading hands.

Analyst Upgrades and Downgrades

KRO has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Zacks Research lowered shares of Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Kronos Worldwide from $6.00 to $9.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Wall Street Zen upgraded Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Finally, The Goldman Sachs Group restated a “sell” rating and issued a $8.00 target price on shares of Kronos Worldwide in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Kronos Worldwide currently has a consensus rating of “Reduce” and a consensus target price of $8.50.

Kronos Worldwide Price Performance

The company has a market capitalization of $969.13 million, a P/E ratio of -8.86 and a beta of 1.08. The company has a quick ratio of 1.55, a current ratio of 3.30 and a debt-to-equity ratio of 0.76. The business has a 50 day simple moving average of $7.24 and a 200-day simple moving average of $6.74.

Kronos Worldwide (NYSE:KRO) last released its quarterly earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.07 by $0.06. The business had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Kronos Worldwide had a negative net margin of 5.63% and a negative return on equity of 12.28%. Analysts predict that Kronos Worldwide Inc will post 0.35 EPS for the current fiscal year.

Kronos Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $0.05 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $0.20 annualized dividend and a dividend yield of 2.4%. Kronos Worldwide’s dividend payout ratio (DPR) is presently -21.05%.

Institutional Investors Weigh In On Kronos Worldwide

A number of hedge funds have recently made changes to their positions in KRO. Monaco Asset Management SAM acquired a new stake in Kronos Worldwide in the 2nd quarter valued at approximately $964,000. Dayah Capital LLC acquired a new position in Kronos Worldwide during the 2nd quarter worth $878,000. PDT Partners LLC bought a new position in shares of Kronos Worldwide in the second quarter worth $1,336,000. Bank of New York Mellon Corp bought a new position in shares of Kronos Worldwide in the second quarter worth $5,030,000. Finally, BlackRock Inc. acquired a new position in shares of Kronos Worldwide during the second quarter valued at $10,886,000. Institutional investors own 15.11% of the company’s stock.

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.