
Tronox (TROX) Stock Forecast & Price Target
Tronox (TROX) Analyst Ratings
Bulls say
Tronox Holdings PLC is anticipated to experience a positive shift in its operational metrics, with projected volume increases of high single digits to low double digits in 2024, accompanied by a gradual price improvement of 2% by the fourth quarter. The company is expected to benefit from the end of destocking, modestly improving demand, and potential relief from tariffs, positioning it well for growth as it integrates its newTRON project aimed at significantly reducing greenhouse gas emissions. Furthermore, a favorable economic backdrop, including potential improvements in the U.S. housing market and a recovering GDP, is likely to drive both volume and pricing improvements, reinforcing a positive outlook for the fiscal years 2024 and 2025.
Bears say
Tronox Holdings PLC is experiencing a pronounced downturn in demand, particularly in the Europe and Asia-Pacific regions, which could lead to significant volume reductions in the event of a prolonged housing and construction downturn. The company is also facing persistent pricing pressures due to increased Chinese exports and a strategic shift among Western producers prioritizing production rates over pricing, which is likely to exacerbate financial strain. Despite an anticipated improvement in leverage and a decrease in net debt, the combination of declining sales volumes and modest pricing outlook paints a concerning picture for the stock's future performance.
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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