Kronos Worldwide, Inc (NYSE: KRO) is -1.71% lower on its value in year-to-date trading and has touched a low of $8.26 and a high of $14.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KRO stock was last observed hovering at around $9.76 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $9.77, the stock is -5.62% and -12.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.1 million and changing 0.10% at the moment leaves the stock -17.44% off its SMA200. KRO registered -3.27% loss for a year compared to 6-month loss of -23.55%. The firm has a 50-day simple moving average (SMA 50) of $11.239 and a 200-day simple moving average (SMA200) of $11.8395.
The stock witnessed a -16.35% gain in the last 1 month and extending the period to 3 months gives it a -18.58%, and is -1.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.21% over the week and 3.01% over the month.
Kronos Worldwide, Inc (KRO) has around 2196 employees, a market worth around $1.13B and $1.86B in sales. Current P/E ratio is 11.94 and Fwd P/E is 11.96. Profit margin for the company is 5.05%. Distance from 52-week low is 18.28% and -32.62% from its 52-week high. The company has generated returns on investments over the last 12 months (7.04%).
with sales reaching $463.86M over the same period.The EPS is expected to grow by 234.53% this year, but quarterly earnings will post 24.73% year-over-year. Quarterly sales are estimated to grow 15.94% in year-over-year returns.
Kronos Worldwide, Inc (KRO) Top Institutional Holders
204.0 institutions hold shares in Kronos Worldwide, Inc (KRO), with institutional investors hold 85.28% of the company’s shares. The shares outstanding are 115.04M, and float is at 21.54M with Short Float at 2.32%. Institutions hold 15.97% of the Float.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 2.94 million shares valued at $36.86 million. The investor’s holdings represent 2.554% of the KRO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.19 million shares valued at $27.54 million to account for 1.9084 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.75 million shares representing 1.518% and valued at over $21.91 million, while BANK OF NEW YORK MELLON CORP holds 0.7104 of the shares totaling 0.82 million with a market value of $10.25 million.
Kronos Worldwide, Inc (KRO) Insider Activity
The most recent transaction is an insider purchase by NACE ANDREW B, the company’s Executive Vice President. SEC filings show that NACE ANDREW B bought 500 shares of the company’s common stock on Aug 19 ’24 at a price of $11.34 per share for a total of $5670.0. Following the purchase, the insider now owns 16453.0 shares.
Kronos Worldwide, Inc disclosed in a document filed with the SEC on Aug 15 ’24 that NACE ANDREW B (Executive Vice President) bought a total of 250 shares of the company’s common stock. The trade occurred on Aug 15 ’24 and was made at $11.50 per share for $2875.0. Following the transaction, the insider now directly holds 15703.0 shares of the KRO stock.
Still, SEC filings show that on Aug 16 ’24, NACE ANDREW B (Executive Vice President) acquired 250 shares at an average price of $11.21 for $2802.0. The insider now directly holds 15,953 shares of Kronos Worldwide, Inc (KRO).
