Kronos Worldwide Inc with ticker code (KRO) have now 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 8 calculating the mean target price we have $9.67. Now with the previous closing price of $8.86 this indicates there is a potential upside of 9.1%. It’s also worth noting that there is a 50 day moving average of $10.77 and the 200 day MA is $12.29. The company has a market cap of $1,003m. Company Website: https://kronostio2.com
The potential market cap would be $1,095m based on the market consensus.
Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. It also produces ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; specialty chemicals for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices, as well as for use in pearlescent pigments, natural gas pipe, and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. operates as a subsidiary of Valhi, Inc.
The company has a dividend yield of 8.81% with the ex dividend date set at 6-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.46, revenue per share of 16.71 and a 4.28% return on assets.