Latest news with #PKX
Yahoo
32 minutes ago
- Business
- Yahoo
Should Value Investors Buy POSCO (PKX) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. POSCO (PKX) is a stock many investors are watching right now. PKX is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. PKX is also sporting a PEG ratio of 0.33. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. PKX's industry has an average PEG of 0.46 right now. Within the past year, PKX's PEG has been as high as 2.55 and as low as 0.27, with a median of 0.37. Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. PKX has a P/S ratio of 0.33. This compares to its industry's average P/S of 0.34. Value investors will likely look at more than just these metrics, but the above data helps show that POSCO is likely undervalued currently. And when considering the strength of its earnings outlook, PKX sticks out as one of the market's strongest value stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report POSCO (PKX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
POSCO Enters Agreement to Supply Graphite Anodes for EV Batteries
POSCO's PKX unit, POSCO Future M, has entered into an agreement with a battery company from Japan to supply natural graphite anode materials. PKX's unit will produce the materials at its Sejong plant and supply them to the battery company for the manufacture of electric vehicle (EV) batteries. Through this venture, POSCO is expanding its global market presence. Although the partner, duration and scale of the agreement are not disclosed, the addition of a new customer helps diversify its customer base. POSCO Future M has been continually building expertise in the development of various natural graphite and artificial graphite anode materials tailored to the requirements of its customers. Its pursuit of commercializing silicon anode materials and forming a self-sufficient system for graphite ore and intermediate materials has been catching momentum in the global markets. POSCO Future M is steadfast in establishing a supply chain covering everything from raw materials to material production. This is in response to supply-chain diversification efforts and trade regulations in countries including the United States and the European Union. POSCO Future M will progress to broaden its portfolio and introduce differentiated technology to enhance competitiveness in the industry. PKX stock has lost 7.7% over the past year compared with the industry's 21.4% decline. Image Source: Zacks Investment Research PKX's Zacks Rank & Key Picks PKX currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the Basic Materials space are Royal Gold, Inc. RGLD,Coeur Mining, Inc. CDE and Carpenter Technology Corporation CRS. While RGLD and CDE currently sport a Zacks Rank #1 (Strong Buy) each, CRS carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for RGLD's current-year earnings is pegged at $7.47 per share, indicating a 42% year-over-year earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 9%. RGLD's shares have gained 15.6% in the past year. The consensus estimate for CDE's current-year earnings is pegged at 69 cents per share, implying a 283.3% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 136.2%. The Zacks Consensus Estimate for CRS' fiscal 2025 earnings is pegged at $7.28 per share, indicating a rise of 53.6% from year-ago level. The company's earnings beat the consensus estimate in each of the trailing four quarters. Its shares have gained 120.8% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report POSCO (PKX) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report Coeur Mining, Inc. (CDE) : Free Stock Analysis Report Royal Gold, Inc. (RGLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
POSCO Holdings to Build US Lithium Plant, Supports EV Supply Chain
POSCO Holdings Inc. (NYSE:PKX) is one of the best hot stocks to buy according to Wall Street analysts. On July 1, POSCO Holdings announced its agreement to construct a pilot lithium processing plant in the US. This is a collaboration with Australia's Anson Resources and aims to support POSCO's EV battery raw materials supply chain while reducing its reliance on Chinese suppliers. This is in response to new import restrictions imposed by the Trump administration in the US. The two companies have formalized their partnership through an MoU. The new pilot plant is slated for construction next year in Green River City, Utah. Its primary purpose will be to evaluate the commercial viability of POSCO's proprietary Direct Lithium Extraction/DLE technology for large-scale production. A close-up shot of a worker welding steel beam together in a large steel foundry. POSCO has been developing this innovative technology since 2016, and it extracts lithium from large and low-concentration brine lakes without solely relying on natural evaporation. Anson Resources possesses the mining rights for the lithium brine site in Utah, where the plant will be located. This venture will be the first time a South Korean company directly produces lithium in North America. Unlike some domestic competitors, POSCO is engaging in direct production. POSCO Holdings Inc. (NYSE:PKX) is an integrated steel producer in Korea and internationally. While we acknowledge the potential of PKX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-07-2025
- Business
- Yahoo
POSCO Plans to Build Pilot Plant in Utah, Eyes Lithium Production
Posco Holdings PKX has announced plans to develop a trial lithium processing plant in the United States in collaboration with Australia's Anson Resources. This is in sync with the company's efforts to expand its electric vehicle (EV) battery raw materials supply chain. This is the first time a South Korean company has taken steps to directly produce lithium in North America, enabling it to lessen its reliance on Chinese suppliers in order to meet the new import limits imposed by the United two companies have signed a memorandum of understanding (MoU) to construct the new pilot plant in Green River City, UT, next year. This plant will help determine the viability of Posco's Direct Lithium Extraction (DLE) technology for large-scale commercial production. The method uses natural evaporation to recover lithium from vast, low-concentration brine lakes. Anson Resources has mining rights to a lithium brine location in Utah. Posco's collaboration with Anson Resources will give it an edge over domestic rivals, such as LG Chem, which has supply arrangements with local lithium producers to supply the U.S. market rather than producing lithium themselves. Posco aims to market the DLE technology it developed in 2016, following the successful operation of the demonstration plant in the United States. The company intends to use this technology to invest in and commercialize undeveloped lithium brine lakes across North America. Following Bolivia and Argentina, the United States possesses one of the world's greatest lithium reserves, which are contained in vast brine the past year, shares of PKX have lost 19.8% compared with the industry's 25% decline. Image Source: Zacks Investment Research PKX currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include Carpenter Technology Corporation CRS, Agnico Eagle Mines AEM and Avino Silver & Gold Mines Ltd. Technology currently carries a Zacks Rank #2 (Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 11.1%. The company's shares have soared 157.7% in the past year. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for Agnico Eagle's current-year earnings is pegged at $1.61 per share. AEM, carrying a Zacks Rank #1 (Strong Buy), surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 12.3%. The company's shares have rallied 74.4% in the past Silver, which currently carries a Zacks Rank #1, beat the consensus estimate in each of the trailing four quarters. In this time frame, it delivered an earnings surprise of roughly 104.1%, on average. ASM's shares have rallied 271.5% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report POSCO (PKX) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report Avino Silver (ASM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Washington Post
24-04-2025
- Business
- Washington Post
Posco: Q1 Earnings Snapshot
GANGNAM-GU SEOUL, Korea, Republic Of — GANGNAM-GU SEOUL, Korea, Republic Of — Posco (PKX) on Thursday reported profit of $207.8 million in its first quarter. The Gangnam-Gu seoul, Korea, Republic Of-based company said it had net income of 64 cents per share. The steelmaker posted revenue of $12 billion in the period.
