Recent significant 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.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PKX is expected to continue to be an important Value Builder.
POSCO Holdings has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. POSCO Holdings has a very high Appreciation Score of 97 but a very low Power Rating of 14, producing the Neutral Value Trend Rating.
Recent Price Action
On 5/10/24, POSCO Holdings Inc (NYSE: PKX) stock declined modestly by -1.0%, closing at $72.86. Moreover, trading volume in this decline was unusually high at 163% of normal. Relative to the market the stock has been extremely weak over the last nine months and is unchanged during the last week.
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