Alert: Negative Investment/Fundamental Signals (4/26/24)-POSCO Holdings Inc (NYSE: PKX)

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Recent important negative changes in fundamentals have impacted POSCO Holdings Inc (NYSE: PKX): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

POSCO Holdings Inc (NYSE: PKX) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

PKX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

POSCO Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. POSCO Holdings has a very high Appreciation Score of 97 but a poor Power Rating of 21, with the High Neutral Value Trend Rating the result.

Recent Price Action

POSCO Holdings Inc (NYSE: PKX) stock rose modestly by 0.8% on 4/26/24. The stock closed at $71.60. Trading volume in this advance was normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 2.1% during the last week.

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