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Tuesday, August 9, 2022

Is Kronos Worldwide Inc. (NYSE: KRO) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Kronos Worldwide Inc. (KRO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$0.41, or +2.37%, to $17.69. Volume reached 1,201 shares, with price reaching a high of $17.28 and a low of $17.28. Yahoo Finance discussed the stock recently as it posted Kronos Worldwide, Inc. Announces Quarterly Dividend and Results of Annual Stockholder Meeting.

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Stocks Info

This NYSE-listed company operates within the Specialty Chemicals industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $17.28 and fluctuated between $17.49 as its day high and $17.12 as its day low. The current market capitalization of Kronos Worldwide Inc. is $2.02B. A total of 0.22 million shares were traded on the day, compared to an average of 263.38K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, KRO has seen 7 BUY and 0 SELL insider trades, representing the acquisition of 8,400 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 0 SELLs from insiders. Insiders purchased 8,900 shares during that period but sold 0.

In the most recent transaction, CONTRAN CORP sold 3,000 shares of KRO for 21.94 per share on Jun 01. After the transaction, the 10% Owner now owns 0 company shares. In a previous transaction on Jun 01, CONTRAN CORP sold 5,900 shares at 21.94 per share. KRO shares that 10% Owner owns now total 0.

Among the insiders who sold shares, CONTRAN CORP disposed of 2,000 shares on Jun 01 at a per-share price of $8.23. This resulted in the 10% Owner holding 0 shares of KRO after the transaction. In another insider transaction, Hanley Bryan A. bought 500 shares at $12.84 per share on Sep 02. Company shares held by the Vice President and Treasurer now total 1,500.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Kronos Worldwide Inc. pays an annual dividend of $0.76, resulting in a dividend yield of 4.40%, and it has a price to earnings (P/E) ratio of 13.23. KRO’s most recent ex-dividend date was 06/03/2022 when it declared a $0.19 quarterly dividend that was paid in cash on 06/16/2022. Previously, the company paid the dividend on 03/17/2022 with an ex-dividend date of 03/07/2022. The dividend was $0.19 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for KRO in the last 3 months, the mean price target is $18.00 with high estimates of $20.00 and low estimates of $16.00. In terms of 52-week highs and lows, KRO has a high of $19.78 and a low of $12.06.

As of this writing, KRO has an earnings estimate of $0.51 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.51 per share and a lower estimate of $0.51. The company reported an EPS of $0.5 in the last quarter, which was 78.57% higher than expectations of $0.28.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 2 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KRO is Buy with a score of 5.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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