POSCO Holdings Inc (NYSE: PKX) has recently experienced extremely meaningful negative changes in investment behavior: its longer term price trend turned down, and its shorter term price trend turned down.
POSCO Holdings Inc (NYSE: PKX) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
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
PKX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
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 24, triggering the High Neutral Value Trend Rating.
Recent Price Action
POSCO Holdings Inc (NYSE: PKX) stock increased 1.1% on 4/9/24. The shares closed at $75.75. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months and has declined -1.2% during the last week.
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