On Wednesday, shares of Kronos Worldwide, Inc. (NYSE:KRO) marked $9.39 per share versus a previous $9.57 closing price. With having a -1.88% loss, an insight into the fundamental values of Kronos Worldwide, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. KRO showed a fall of -29.93% within its YTD performance, with highs and lows between $6.80 – $16.00 during the period of 52 weeks, compared to the simple moving average of -15.77% in the period of the last 200 days.
Standpoint Research equity researchers changed the status of Kronos Worldwide, Inc. (NYSE: KRO) shares from “Buy” to a “Hold” rating in the report published on March 28th, 2017. Other analysts, including Barclays, also published their reports on KRO shares. Barclays repeated the rating from the previous report, marking KRO under “Underweight” rating, in the report published on March 14th, 2017. Additionally, KRO shares got another “Underweight” rating from Barclays, setting a target price of $8 on the company’s shares, according to the report published in August 28th, 2015. On August 18th, 2015, Deutsche Bank Reiterated an Hold rating and increased its price target from $13 to $8. On the other hand, Barclays Initiated the “Underweight” rating for KRO shares, as published in the report on February 3rd, 2014. Deutsche Bank seems to be going bullish on the price of KRO shares, based on the price prediction for KRO, indicating that the shares will jump from $18 to $16, giving the shares “Hold” rating based on their report from May 10th, 2013. Another “Hold” rating came from Argus, providing a prediction for $16 price target according to the report published in March 13th, 2013.
The present dividend yield for KRO owners is set at 0.08, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Kronos Worldwide, Inc., the company needs to provide a healthy cash flow, currently at the value of 188.19. In addition, the growth of sales from quarter to quarter is recording -3.60%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Kronos Worldwide, Inc. (KRO) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 10.10% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 3.00 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while KRO is currently recording an average of 370.95K in volumes. The volatility of the stock on monthly basis is set at 4.77%, while the weekly volatility levels are marked at 3.81%with -6.47% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $9.67, indicating growth from the present price of $9.39, which can represent yet another valuable research and analysis points that can help you decide whether to invest in KRO or pass.
Kronos Worldwide, Inc. (KRO) is based in the USA and it represents one of the well-known company operating with Basic Materials sector. If you wish to compare KRO shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 12.97 for Kronos Worldwide, Inc., while the value 13.23 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.72 is supported by the yearly EPS growth of -57.50%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 19.90% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.Are Institutional Investors Increasing Stakes in KRO Shares?
It appears that more than several institutional investors and hedge funds decided to increase stakes in KRO in the recent period. That is how Dimensional Fund Advisors LP now has an increase position in KRO by 5.24% in the first quarter, owning 2.19 million shares of KRO stocks, with the value of $21.4 million after the purchase of an additional 109,228 shares during the last quarter. In the meanwhile, Renaissance Technologies LLC also increased their stake in KRO shares changed 4.68% in the first quarter, which means that the company now owns 1.64 million shares of company, all valued at $15.96 million after the acquisition of additional 73,100 shares during the last quarter.
BlackRock Fund Advisors acquired a new position in Kronos Worldwide, Inc. during the first quarter, with the value of $15.5 million, and Kempen Capital Management NV increased their stake in the company’s shares by 54.88% in the first quarter, now owning 492,723 shares valued at $13.57 million after the acquisition of the additional 1.39 million shares during the last quarter. At the present, 19.90% of KRO shares are in the ownership of institutional investors.