Kronos Worldwide (NYSE:KRO) Stock Price Down 7.2% – Time to Sell?

Shares of Kronos Worldwide Inc (NYSE:KRO) fell 7.2% during mid-day trading on Monday . The company traded as low as $7.36 and last traded at $7.3150. 149,755 shares traded hands during trading, a decline of 55% from the average session volume of 335,508 shares. The stock had previously closed at $7.88.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on KRO. Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a research report on Friday, March 27th. Wall Street Zen raised shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Zacks Research cut shares of Kronos Worldwide from a “hold” rating to a “strong sell” rating in a research report on Friday, March 13th. Four investment analysts have rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Strong Sell” and a consensus target price of $6.00.

Kronos Worldwide Stock Performance

The firm has a market cap of $851.95 million, a P/E ratio of -7.71 and a beta of 1.00. The company has a current ratio of 2.70, a quick ratio of 0.99 and a debt-to-equity ratio of 0.74. The company’s 50-day moving average is $6.14 and its two-hundred day moving average is $5.46.

Kronos Worldwide (NYSE:KRO) last announced its quarterly earnings results on Monday, March 9th. The specialty chemicals company reported ($0.72) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.46). Kronos Worldwide had a negative net margin of 5.96% and a negative return on equity of 11.72%. The business had revenue of $418.30 million during the quarter, compared to the consensus estimate of $373.26 million. As a group, equities analysts predict that Kronos Worldwide Inc will post -0.33 EPS for the current fiscal year.

Kronos Worldwide Announces Dividend

The firm also recently declared 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 of this dividend was Tuesday, March 10th. This represents a $0.20 annualized dividend and a yield of 2.7%. Kronos Worldwide’s dividend payout ratio (DPR) is presently -20.83%.

Hedge Funds Weigh In On Kronos Worldwide

Several large investors have recently added to or reduced their stakes in the business. PDT Partners LLC lifted its position in Kronos Worldwide by 5.0% in the 2nd quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock valued at $327,000 after acquiring an additional 2,500 shares in the last quarter. Tolleson Wealth Management Inc. lifted its position in Kronos Worldwide by 9.6% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after acquiring an additional 2,800 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Kronos Worldwide by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 175,962 shares of the specialty chemicals company’s stock valued at $778,000 after acquiring an additional 3,244 shares in the last quarter. Barclays PLC lifted its position in Kronos Worldwide by 10.6% in the 4th quarter. Barclays PLC now owns 34,015 shares of the specialty chemicals company’s stock valued at $150,000 after acquiring an additional 3,273 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its position in Kronos Worldwide by 13.6% in the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after acquiring an additional 4,092 shares in the last quarter. 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 (TiO?) 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 TiO? 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.