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Why Tronox (TROX) Could Be Positioned for a Surge? - Tale of the Tape

Tronox Limited ( TROX ) is a producer and marketer of titanium products that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TROX's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Tronox could be a solid choice for investors.

Current Quarter Estimates for TROX

In the past 30 days, 2 estimates have gone higher for Tronox while 1 has moved lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a oss of 18 cents a share 30 days ago, to a loss of 13 cents today, a move of 27.8%.

Current Year Estimates for TROX

Meanwhile, Tronox's current year figures are also looking quite promising. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of $1.17 per share 30 days ago to a loss of $1.02 per share today, an increase of 12.8%.

Bottom Line

The stock has also started to move higher lately, adding 18.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.

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TRONOX LTD (TROX): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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