Kronos Worldwide (KRO) Earns News Sentiment Rating of 0.16

Headlines about Kronos Worldwide (NYSE:KRO) have trended somewhat positive on Friday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kronos Worldwide earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the specialty chemicals company an impact score of 46.891631283098 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

NYSE KRO traded down $0.07 on Friday, reaching $20.13. The company had a trading volume of 458,600 shares, compared to its average volume of 458,351. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.08 and a current ratio of 4.64. The company has a market cap of $2.37 billion, a P/E ratio of 10.64, a P/E/G ratio of 1.58 and a beta of 2.44. Kronos Worldwide has a 12 month low of $19.07 and a 12 month high of $29.49.

Kronos Worldwide (NYSE:KRO) last announced its quarterly earnings results on Tuesday, August 7th. The specialty chemicals company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.10). Kronos Worldwide had a net margin of 14.81% and a return on equity of 40.78%. The company had revenue of $471.80 million during the quarter. analysts forecast that Kronos Worldwide will post 2.6 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 13th. Shareholders of record on Tuesday, September 4th will be paid a $0.17 dividend. The ex-dividend date is Friday, August 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.38%. Kronos Worldwide’s payout ratio is currently 36.17%.

A number of equities analysts have weighed in on KRO shares. Deutsche Bank raised shares of Kronos Worldwide from a “hold” rating to a “buy” rating and raised their target price for the company from $8.00 to $28.00 in a research note on Wednesday, May 23rd. Zacks Investment Research raised shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. SunTrust Banks reiterated a “hold” rating and set a $24.00 price target on shares of Kronos Worldwide in a report on Friday, July 20th. ValuEngine cut shares of Kronos Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Finally, Barclays cut their price target on shares of Kronos Worldwide from $26.00 to $24.00 and set an “underweight” rating on the stock in a report on Monday, August 13th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $25.50.

Kronos Worldwide Company Profile

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. It produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, such as paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, food, and cosmetics.

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