Profile
Sector:
Basic MaterialsIndustry:
Steel & IronCountry:
South KoreaIPO:
14 October 1994Website:
http://www.posco-inc.comNext earnings report:
14 November 2024Last dividends:
28 June 2024Next dividends:
N/APrice
regular market | 8 min agoAnalysts recommendations
Institutional Ownership
PKX Latest News
POSCO Holdings' Q3 2024 bottom line fell short of expectations, but I think investors should focus on the stock's future prospects and valuation re-rating potential. The stock is currently trading at a mid-single-digit forward EV/EBITDA ratio and below 0.5 times P/B. The potential re-rating catalysts for PKX include a fourth-quarter earnings turnaround and the successful conclusion of its portfolio restructuring exercise by 2026.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Posco (PKX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
POSCO Holdings Inc. (NYSE:PKX ) Q2 2024 Earnings Conference Call July 25, 2024 2:00 AM ET Company Participants Ki-Seop Jeong - Chief Strategy Officer Conference Call Participants Park Hyun-Wook - Hyundai Motor Company Kim Yoon Sang - HI Investment Securities Eugene Lee - Eugene Securities Operator Good afternoon. Thank you for joining us for the POSCO Holdings Earnings Call for Q2 2024.
Investors interested in stocks from the Steel - Producers sector have probably already heard of Posco (PKX) and Siderurgica Nacional (SID). But which of these two stocks presents investors with the better value opportunity right now?
Korean steel giant POSCO has made a successful pivot to green material business, supplying battery parts for EV leaders like LG & Samsung. PKX has delivered 24% & 29% return over the past 1 & 5 years despite challenging growth and earnings outlook. My target price of $72 means the stock appears overvalued. I advise interested investors to watch for potential correction, especially under the currently weak macro environment.
Posco Holdings' shares climbed after the steelmaker unveiled a joint venture project to produce rare gases for making semiconductors in South Korea.
POSCO Holdings Inc. (NYSE:PKX ) Q3 2023 Earnings Call Transcript October 24, 2023 2:00 AM ET Company Participants Jeong Ki-Seop - President, Co-CEO, CSO Han Young-Ah - Head of Investor Relations Lee Kyung-seop - Chief of LiB Materials Business Conference Call Participants Kim Sang-hoon - HI Investment & Securities Operator We will now begin the 2023 Third Quarter Earnings Release Conference Call of POSCO Holdings. As for today's conference call, after the presentation of POSCO Holdings, we will have a Q&A session with the participants.
Posco (PKX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
POSCO Holdings Inc. (NYSE:PKX ) Q1 2023 Earnings Conference Call April 27, 2023 3:00 AM ET Company Participants Jeong Ki-Seop - President, Co-CEO, CSO Han Young-Ah - Head of Investor Relations Eom Gichen - Head of marketing strategy Kyungsub Lee - Chief of LiB Materials Business Kyung-Jin Chung - Executive Officer and Head of Finance Office Chon, Jung-Son - Head of Corporate Strategy Kyung-han Kim - Head of the International Trade Affairs Office Conference Call Participants Pat Canon - Hyundai Motor Securities Sung Hun Kim - Hai Investment Lee SangHun - Citi Group Jeong Ki-Seop Good afternoon, ladies and gentlemen, the 2023 Q1 Earnings Release Conference Call will now begin. POSCO Holdings will first present, which will be followed by a Q&A session with the participants.
What type of business is POSCO Holdings?
POSCO Holdings Inc., together with its subsidiaries, operates as an integrated steel producer in Korea and internationally. It operates through six segments: Steel, Trading, Construction, Logistics and Others, Green Materials and Energy, and Others. The company engages in the production, import, sale, and export of steel products, such as hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets, as well as pig iron, billets, blooms, and slabs; trading of steel and raw materials, textiles, agricultural commodities, and other goods; natural resources development and power generation activities; and planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings. It is also involved in the manufacture and sale of various energy-related and other industrial materials, including anode and cathode materials for rechargeable batteries; investment business; and provision of alternative environmentally-friendly energy solutions, as well as information technology and operational technology, and integrated logistics services. POSCO Holdings Inc. was incorporated in 1968 and is based in Seoul, South Korea.
What sector is POSCO Holdings in?
POSCO Holdings is in the Basic Materials sector
What industry is POSCO Holdings in?
POSCO Holdings is in the Steel & Iron industry
What country is POSCO Holdings from?
POSCO Holdings is headquartered in South Korea
When did POSCO Holdings go public?
POSCO Holdings initial public offering (IPO) was on 14 October 1994
What is POSCO Holdings website?
https://www.posco-inc.com
Is POSCO Holdings in the S&P 500?
No, POSCO Holdings is not included in the S&P 500 index
Is POSCO Holdings in the NASDAQ 100?
No, POSCO Holdings is not included in the NASDAQ 100 index
Is POSCO Holdings in the Dow Jones?
No, POSCO Holdings is not included in the Dow Jones index
When was POSCO Holdings the previous earnings report?
No data
When does POSCO Holdings earnings report?
The next expected earnings date for POSCO Holdings is 14 November 2024