KRO - 6 Reasons To Avoid Kronos Worldwide

The prospects for Kronos Worldwide (KRO) look bearish despite the significant 45% rally from the lows in August. There are several concerns that investors should weigh carefully before committing capital to KRO.

1. TiO₂ prices continue to decline.
2. The company operated at a 97% average capacity utilization rate. Therefore, there is not much room for improvement there.
3. Revenue for Q3 has increased meagerly over the past seven years.
4. EBITDA dropped sharply for two consecutive Q3s.
5. Margins are compressing
6. The operational performance is not exciting.

Concerns regarding the TiO₂ segment

KRO is a

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