News headlines about POSCO (NYSE:PKX) have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. POSCO earned a news impact score of 1.43 on their scale. InfoTrie also gave news stories about the basic materials company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have effected POSCO’s score:
- POSCO C&C Completes Factory with Annual Capacity of 400,000 Tons of Color Steel Plates (businesskorea.co.kr)
- POSCO (PKX) Getting Somewhat Favorable Press Coverage, Study Finds (americanbankingnews.com)
- POSCO may take lead in fixing ship building quality plates in 2019 (steelguru.com)
- POSCO (PKX) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- POSCO to Acquire Lithium Mining Rights in Argentina (businesskorea.co.kr)
A number of brokerages have issued reports on PKX. Zacks Investment Research raised POSCO from a “sell” rating to a “hold” rating in a report on Monday, September 24th. Daiwa Capital Markets began coverage on POSCO in a research report on Monday, September 10th. They issued an “outperform” rating on the stock. Goldman Sachs Group lowered POSCO from a “buy” rating to a “neutral” rating in a research report on Monday, October 8th. Morgan Stanley began coverage on POSCO in a research report on Wednesday, November 7th. They issued a “weight” rating on the stock. Finally, ValuEngine lowered POSCO from a “sell” rating to a “strong sell” rating in a research report on Monday, November 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. POSCO has a consensus rating of “Hold” and an average target price of $98.00.
NYSE PKX opened at $56.28 on Friday. POSCO has a 12 month low of $52.53 and a 12 month high of $93.12. The stock has a market capitalization of $19.86 billion, a price-to-earnings ratio of 7.26, a P/E/G ratio of 1.22 and a beta of 1.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.14 and a current ratio of 1.67.
POSCO (NYSE:PKX) last released its quarterly earnings results on Tuesday, September 4th. The basic materials company reported $1.56 EPS for the quarter. POSCO had a return on equity of 6.21% and a net margin of 4.77%. The firm had revenue of $14.96 billion for the quarter. Equities research analysts expect that POSCO will post 9.35 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, November 30th. Shareholders of record on Friday, September 28th were given a $0.361 dividend. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.57%. POSCO’s dividend payout ratio (DPR) is presently 18.58%.
POSCO manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, steel plates, wire rods, galvanized and electrical galvanized steel, electrical and stainless steel, automotive materials, titanium, magnesium, and aluminum-plated products.
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