
Tronox (TROX) Stock Forecast & Price Target
Tronox (TROX) Analyst Ratings
Bulls say
Tronox Holdings is well-positioned competitively in the TiO2 industry due to its scale, global production footprint, and vertical integration. However, near-term challenges such as increased input and logistics costs and a highly-leveraged balance sheet may limit the potential for normalized earnings. In the longer term, we believe TROX has potential for earnings and margin growth, supported by improved TiO2 pricing dynamics and sustained market share benefits from anti-dumping duties. With these factors in mind, we rate TROX shares as a Buy with a price target of $8, reflecting a multiple of 9.0x our 2027E EBITDA estimate and 5.3x our mid-cycle EBITDA estimate.
Bears say
Tronox Holdings is facing potential risks due to the company's significant dependence on the Europe, Middle East, and Africa regions for the majority of its revenue. With efforts to increase pricing by Western competitors, along with potential reinstatement of anti-dumping duties in India, the company may face challenges in maintaining its current TiO2 volume strength. Furthermore, sustained cost pressure for sulfate production may limit the company's potential for improved pricing in the near term.
This aggregate rating is based on analysts' research of Tronox and is not a guaranteed prediction by Public.com or investment advice.
Tronox (TROX) Analyst Forecast & Price Prediction
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