Analyst Vincent Andrews from Morgan Stanley maintained a Hold rating on TRONOX (TROX – Research Report) and keeping the price target at $12.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Vincent Andrews has given his Hold rating due to a combination of factors influencing Tronox’s financial outlook. Despite the fourth-quarter EBITDA slightly surpassing Morgan Stanley’s estimates and consensus expectations, the guidance for 2025 EBITDA remains below the consensus. This discrepancy suggests that while Tronox’s current performance is stable, future projections are less optimistic.
Furthermore, Tronox’s TiO2 volumes have declined, and while there have been slight improvements in pigment production costs, these are countered by increased mining costs. Additionally, while Tronox has identified considerable cost savings for 2026, the immediate financial benefits are not evident, leading to a cautious stance. These dynamics, along with the company’s significant debt level, contribute to the Hold rating, as they present both challenges and potential opportunities for Tronox in the coming year.
Andrews covers the Basic Materials sector, focusing on stocks such as Eastman Chemical, Dow Inc, and Mosaic Co. According to TipRanks, Andrews has an average return of 5.9% and a 63.79% success rate on recommended stocks.