The stock of Kronos Worldwide, Inc. (NYSE:KRO) is a huge mover today! About 117,821 shares traded hands. Kronos Worldwide, Inc. (NYSE:KRO) has risen 30.14% since February 29, 2016 and is uptrending. It has outperformed by 17.93% the S&P500.
The move comes after 6 months positive chart setup for the $991.23 million company. It was reported on Oct, 3 by Barchart.com. We have $12.86 PT which if reached, will make NYSE:KRO worth $515.44M more.
Analysts await Kronos Worldwide, Inc. (NYSE:KRO) to report earnings on November, 4. They expect $0.07 earnings per share, up 333.33% or $0.10 from last year’s $-0.03 per share. KRO’s profit will be $8.20M for 30.21 P/E if the $0.07 EPS becomes a reality. After $0.01 actual earnings per share reported by Kronos Worldwide, Inc. for the previous quarter, Wall Street now forecasts 600.00% EPS growth.
Kronos Worldwide, Inc. (NYSE:KRO) Ratings Coverage
Out of 2 analysts covering Kronos Worldwide (NYSE:KRO), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Kronos Worldwide has been the topic of 2 analyst reports since August 19, 2015 according to StockzIntelligence Inc.
According to Zacks Investment Research, “KRONOS WORLDWIDE, INC. is a global producer and marketer of value-added titanium dioxide pigments. The Company along with its distributors and agents, sells and provides technical services for its products to over 4,000 customers in approximately 100 countries with the majority of sales in Europe and North America.”
Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.28, from 1.36 in 2016Q1. The ratio dived, as 11 funds sold all Kronos Worldwide, Inc. shares owned while 29 reduced positions. 12 funds bought stakes while 31 increased positions. They now own 14.28 million shares or 15.98% less from 17.00 million shares in 2016Q1.
The New York-based Quantbot Tech L P has invested 0% in Kronos Worldwide, Inc. (NYSE:KRO). Moreover, Sei Investments Company has 0% invested in Kronos Worldwide, Inc. (NYSE:KRO) for 19,161 shares. Deprince Race Zollo has invested 0.38% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO). Goldman Sachs Gru holds 0% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO) for 36,454 shares. Thompson Davis & holds 0.01% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO) for 1,099 shares. Eqis holds 0.02% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO) for 44,141 shares. Manufacturers Life The reported 3,268 shares or 0% of all its holdings. Bnp Paribas Arbitrage Sa accumulated 0% or 2,281 shares. Whittier, a California-based fund reported 50 shares. Comerica Comml Bank has invested 0.01% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO). The Pennsylvania-based Nationwide Fund Advisors has invested 0% in Kronos Worldwide, Inc. (NYSE:KRO). Ent Services Corporation accumulated 0% or 1,603 shares. Raymond James Associates holds 49,450 shares or 0% of its portfolio. Creative Planning accumulated 0% or 318 shares. Vanguard last reported 0% of its portfolio in the stock.
KRO Company Profile
Kronos Worldwide, Inc. (Kronos), incorporated on October 13, 1989, is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products in over 100 countries with sales in Europe and North America. The Firm offers its clients a portfolio of products that include over 40 different TiO2 pigment grades under the Kronos brand, which provides a range of performance properties. It offers its products to domestic and international paint, plastics, decorative laminate and paper manufacturers. It ships TiO2 to its clients in either a powder or slurry form through rail, truck or ocean carrier. It sells and provides technical services for its products in three end-use markets, which include coatings, plastics and paper. It produces TiO2 in over two crystalline forms, which include rutile and anatase. Rutile TiO2 is manufactured using both a chloride production process and a sulfate production process, whereas anatase TiO2 is only produced using a sulfate production process.
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