KRONOS WORLDWIDE, INC. REPORTS THIRD QUARTER 2024 RESULTS
KRO Stock | USD 10.55 0.76 6.72% |
About 64% of all Kronos Worldwide's investors are looking to take a long position. The analysis of overall sentiment of trading Kronos Worldwide stock suggests that some investors are interested at this time. Kronos Worldwide's investing sentiment overview a quick insight into current market opportunities from investing in Kronos Worldwide. Many technical investors use Kronos Worldwide stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Kronos |
Dallas, Texas, Nov. 06, 2024 -- Kronos Worldwide, Inc. today reported net income of 71.8 million, or .62 per share, in the third quarter of 2024 compared to a net loss of 20.4 million, or .18 per share, in the third quarter of 2023. For the first nine months of 2024, Kronos Worldwide reported net income of 99.4 million, or .86 per share, compared to a net loss of 43.8 million, or .38 per share, in the first nine months of 2023. Net income increased in the thir
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Kronos Worldwide Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Kronos Worldwide can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Kronos Worldwide Fundamental Analysis
We analyze Kronos Worldwide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kronos Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kronos Worldwide based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Kronos Worldwide is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Kronos Worldwide Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kronos Worldwide stock to make a market-neutral strategy. Peer analysis of Kronos Worldwide could also be used in its relative valuation, which is a method of valuing Kronos Worldwide by comparing valuation metrics with similar companies.
Peers
Kronos Worldwide Related Equities
ECVT | Ecovyst | 8.43 | ||||
OEC | Orion Engineered | 4.78 | ||||
NGVT | Ingevity Corp | 2.35 | ||||
MTX | Minerals Technologies | 1.92 | ||||
HWKN | Hawkins | 1.59 | ||||
WTTR | Select Energy | 1.56 | ||||
FF | FutureFuel Corp | 1.54 | ||||
KWR | Quaker Chemical | 1.51 | ||||
ODC | Oil Dri | 1.27 | ||||
SXT | Sensient Technologies | 1.04 | ||||
PRM | Perimeter Solutions | 0.70 | ||||
FUL | H B | 0.09 | ||||
ESI | Element Solutions | 0.73 | ||||
TSE | Trinseo SA | 6.93 |
Check out Kronos Worldwide Hype Analysis, Kronos Worldwide Correlation and Kronos Worldwide Performance. To learn how to invest in Kronos Stock, please use our How to Invest in Kronos Worldwide guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kronos Worldwide. If investors know Kronos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kronos Worldwide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 0.62 | Earnings Share 0.81 | Revenue Per Share 16.206 | Quarterly Revenue Growth 0.221 |
The market value of Kronos Worldwide is measured differently than its book value, which is the value of Kronos that is recorded on the company's balance sheet. Investors also form their own opinion of Kronos Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Kronos Worldwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kronos Worldwide's market value can be influenced by many factors that don't directly affect Kronos Worldwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kronos Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kronos Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kronos Worldwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.