Stock events for Kronos Worldwide, Inc. (KRO)
Kronos Worldwide, Inc.'s stock price has decreased by 22.37% in the past six months and 55.50% over the last 12 months. Key events impacting the stock price include recent earnings reports. The second-quarter EPS was $-0.08, which was $0.22 worse than the analyst estimate of $0.13. The third-quarter EPS was $-0.18, significantly missing the consensus EPS forecast of $-0.06 by -200%. The net income for the last quarter was -$37.00 million USD, a -302.17% change from the previous quarter's -$9.20 million USD.
Demand Seasonality affecting Kronos Worldwide, Inc.’s stock price
The demand for titanium dioxide (TiO2) is closely tied to global economic activity and is sensitive to the performance of industries such as construction, automotive, and coatings. Economic downturns typically lead to decreased demand, which can impact sales volumes and pricing. The provided information does not explicitly detail specific seasonal patterns for Kronos Worldwide, Inc.'s products and services.
Overview of Kronos Worldwide, Inc.’s business
Kronos Worldwide, Inc. is a global producer and marketer of value-added titanium dioxide (TiO2) pigments, operating within the Basic Materials sector. They offer over 50 different grades of TiO2 pigments under the KRONOS brand, used in paints, coatings, plastics, paper, fibers, and ceramics. Besides TiO2, Kronos produces ilmenite, iron-based chemicals, and other specialty chemicals. The company was founded in 1916 and is headquartered in Dallas, Texas, operating as a subsidiary of Valhi, Inc.
KRO’s Geographic footprint
Kronos Worldwide, Inc. has a significant global presence, producing and marketing titanium dioxide pigments in Europe, North America, and the Asia Pacific region. The company serves over 3,000 customers across approximately 100 countries through its sales network. Kronos has nine production locations worldwide, with five in Europe and four in North America, including sites in Norway, USA, Belgium, Germany, and Canada.
KRO Corporate Image Assessment
Kronos Worldwide, Inc. has a reputation for high-quality pigment performance, technical support, and reliable supply. The company emphasizes its commitment to product quality, customer service, and environmental responsibility. Kronos highlights its long-standing expertise in TiO2 pigment production, enabling it to develop and manufacture high-quality, specialized products. There is no specific information available detailing events that have negatively or positively affected Kronos Worldwide, Inc.'s brand reputation in the past year.
Ownership
Kronos Worldwide, Inc. has a mixed ownership structure comprising institutional, retail, and individual investors. Approximately 9.67% of the company's stock is owned by Institutional Investors, 0.17% by Insiders, and 90.16% by Public Companies and Individual Investors. Major institutional owners include Dimensional Fund Advisors Lp, Boston Partners Global Investors, Inc., The Vanguard Group, Inc., BlackRock, Inc., State Street Corp., Renaissance Technologies Llc, BNY Mellon Investment Adviser, Inc., and Contran Corp.
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