Notable negative changes in POSCO Holdings Inc (NYSE: PKX) fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
POSCO Holdings Inc (NYSE: PKX). Important negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PKX is expected to continue to be a major Value Builder.
POSCO Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. POSCO Holdings has a very high Power Rating of 86 and a very high Appreciation Score of 95, triggering the Highest Value Trend Rating.
Recent Price Action
POSCO Holdings Inc (NYSE: PKX) stock closed at $85.02 on 1/11/24 after a slight decline of -0.6%. However, this decline was accompanied by exceptionally low trading volume at 43% of normal. The stock has declined -5.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
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