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How to buy Tronox stock

Own Tronox stock in just a few minutes.

Tronox Holdings plc is a chemicals business based in the US. Tronox shares (TROX) are listed on the NYSE and all prices are listed in US Dollars. Tronox employs 6,500 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Tronox

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TROX – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Tronox share price

Use our graph to track the performance of TROX stocks over time.

Tronox shares at a glance

Information last updated 2021-04-27.
52-week range$5.58 - $21.99
50-day moving average $18.93
200-day moving average $15.42
Wall St. target price$23.50
PE ratio 3.207
Dividend yield $0.28 (1.3%)
Earnings per share (TTM) $6.69

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Tronox stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Tronox under- or over-valued?

Valuing Tronox stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tronox's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tronox's P/E ratio

Tronox's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Tronox shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Tronox's EBITDA

Tronox's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $605 million.

The EBITDA is a measure of a Tronox's overall financial performance and is widely used to measure a its profitability.

Tronox financials

Revenue TTM $2.8 billion
Operating margin TTM 10.91%
Gross profit TTM $621 million
Return on assets TTM 3.18%
Return on equity TTM 71.4%
Profit margin 35.13%
Book value $11.83
Market capitalisation $3.3 billion

TTM: trailing 12 months

Shorting Tronox shares

There are currently 5.5 million Tronox shares held short by investors – that's known as Tronox's "short interest". This figure is 28.9% up from 4.2 million last month.

There are a few different ways that this level of interest in shorting Tronox shares can be evaluated.

Tronox's "short interest ratio" (SIR)

Tronox's "short interest ratio" (SIR) is the quantity of Tronox shares currently shorted divided by the average quantity of Tronox shares traded daily (recently around 1.4 million). Tronox's SIR currently stands at 3.93. In other words for every 100,000 Tronox shares traded daily on the market, roughly 3930 shares are currently held short.

However Tronox's short interest can also be evaluated against the total number of Tronox shares, or, against the total number of tradable Tronox shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tronox's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Tronox shares in existence, roughly 40 shares are currently held short) or 0.0484% of the tradable shares (for every 100,000 tradable Tronox shares, roughly 48 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Tronox.

Find out more about how you can short Tronox stock.

Tronox share dividends

52%

Dividend payout ratio: 51.79% of net profits

Recently Tronox has paid out, on average, around 51.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tronox shareholders could enjoy a 1.49% return on their shares, in the form of dividend payments. In Tronox's case, that would currently equate to about $0.28 per share.

Tronox's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Tronox's most recent dividend payout was on 18 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 March 2021 (the "ex-dividend date").

Have Tronox's shares ever split?

Tronox's shares were split on a 5:1 basis on 25 July 2012. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Tronox shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Tronox shares which in turn could have impacted Tronox's share price.

Tronox share price volatility

Over the last 12 months, Tronox's shares have ranged in value from as little as $5.576 up to $21.99. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tronox's is 2.6553. This would suggest that Tronox's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Tronox overview

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines, and beneficiation and smelting operations. Its products include TiO2, zircon, and pig iron, as well as feedstock and other products comprising rutile prime, ilmenite, chloride slag, and other mining products. The company's products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications. Tronox Holdings plc is based in Stamford, Connecticut. .

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