News coverage about Kronos Worldwide (NYSE:KRO) has been trending somewhat positive on Saturday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kronos Worldwide earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 48.1454923670205 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Why Is Kronos Worldwide (KRO) Down 10% Since Last Earnings Report? (finance.yahoo.com)
- Time’s up for the five day working week – Kronos (voxy.co.nz)
- Nearly Half of Employees Worldwide Could Do Their Jobs in 5 Hours or Less Each Day (bravotv.com)
- The Case for a 4-day Workweek? Nearly Half of Employees Worldwide Could Do Their Jobs in 5 Hours or Less Each Day (kronos.com)
Shares of NYSE:KRO opened at $19.37 on Friday. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 1.51 and a beta of 2.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.08 and a current ratio of 4.64. Kronos Worldwide has a 52-week low of $19.07 and a 52-week 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 the consensus estimate of $0.77 by ($0.10). Kronos Worldwide had a return on equity of 40.78% and a net margin of 14.81%. The firm had revenue of $471.80 million during the quarter. equities research analysts anticipate that Kronos Worldwide will post 2.6 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 13th. Stockholders of record on Tuesday, September 4th will be issued 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 3.51%. Kronos Worldwide’s dividend payout ratio is presently 36.17%.
Several brokerages have issued reports on KRO. ValuEngine lowered Kronos Worldwide from a “sell” rating to a “strong sell” rating in a report on Saturday, September 1st. Barclays cut their price target on Kronos Worldwide from $26.00 to $24.00 and set an “underweight” rating on the stock in a report on Monday, August 13th. SunTrust Banks reiterated a “hold” rating and issued a $24.00 price target on shares of Kronos Worldwide in a report on Friday, July 20th. Zacks Investment Research upgraded Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Tuesday, July 10th. Finally, Deutsche Bank upgraded Kronos Worldwide from a “hold” rating to a “buy” rating and increased their price target for the stock from $8.00 to $28.00 in a report on Wednesday, May 23rd. Two 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. The stock currently has a consensus rating of “Hold” and an average price target of $25.50.
About Kronos Worldwide
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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