We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Kronos Worldwide (KRO) Stock Moves -1.61%: What You Should Know
Read MoreHide Full Article
Kronos Worldwide (KRO - Free Report) closed at $14.66 in the latest trading session, marking a -1.61% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.89%. Elsewhere, the Dow lost 1.3%, while the tech-heavy Nasdaq lost 0.17%.
Coming into today, shares of the maker of titanium dioxide pigments had gained 1.5% in the past month. In that same time, the Basic Materials sector gained 6.9%, while the S&P 500 lost 1.79%.
Kronos Worldwide will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.27, up 200% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $489.69 million, up 18.03% from the prior-year quarter.
Investors might also notice recent changes to analyst estimates for Kronos Worldwide. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Kronos Worldwide is currently a Zacks Rank #1 (Strong Buy).
Valuation is also important, so investors should note that Kronos Worldwide has a Forward P/E ratio of 11.92 right now. Its industry sports an average Forward P/E of 12.73, so we one might conclude that Kronos Worldwide is trading at a discount comparatively.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 152, which puts it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Kronos Worldwide (KRO) Stock Moves -1.61%: What You Should Know
Kronos Worldwide (KRO - Free Report) closed at $14.66 in the latest trading session, marking a -1.61% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.89%. Elsewhere, the Dow lost 1.3%, while the tech-heavy Nasdaq lost 0.17%.
Coming into today, shares of the maker of titanium dioxide pigments had gained 1.5% in the past month. In that same time, the Basic Materials sector gained 6.9%, while the S&P 500 lost 1.79%.
Kronos Worldwide will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.27, up 200% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $489.69 million, up 18.03% from the prior-year quarter.
Investors might also notice recent changes to analyst estimates for Kronos Worldwide. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Kronos Worldwide is currently a Zacks Rank #1 (Strong Buy).
Valuation is also important, so investors should note that Kronos Worldwide has a Forward P/E ratio of 11.92 right now. Its industry sports an average Forward P/E of 12.73, so we one might conclude that Kronos Worldwide is trading at a discount comparatively.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 152, which puts it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.