PKX - POSCO

NYSE - NYSE Delayed Price. Currency in USD
50.82
+0.35 (+0.69%)
At close: 4:04PM EST
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Previous Close50.47
Open51.38
Bid50.75 x 2200
Ask50.81 x 1200
Day's Range50.21 - 51.38
52 Week Range41.14 - 62.95
Volume345,332
Avg. Volume163,096
Market Cap16B
Beta (5Y Monthly)1.02
PE Ratio (TTM)5.89
EPS (TTM)8.63
Earnings DateN/A
Forward Dividend & Yield1.70 (3.37%)
Ex-Dividend Date2019-09-27
1y Target Est46.00
  • Moody's

    POSCO -- Moody's assigns Baa1 rating to POSCO's proposed USD notes

    Moody's Investors Service has assigned a Baa1 rating to the proposed senior unsecured USD notes to be issued by POSCO (Baa1 stable). "POSCO's Baa1 issuer and senior unsecured ratings reflect the company's leading position in Korea's steel sector, diversified product mix, and globally competitive cost position, as well as its robust financial flexibility," says Sean Hwang, a Moody's Analyst. POSCO's operating income declined 23% to KRW3.3 trillion for the first nine months of 2019, mainly reflecting increased raw material costs and insufficient selling price hikes to pass through the cost increases.

  • Is POSCO (PKX) Going To Burn These Hedge Funds?
    Insider Monkey

    Is POSCO (PKX) Going To Burn These Hedge Funds?

    Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]

  • Benzinga

    10 Stocks Trading At Half Their Book Value

    Successful investors are always balancing risk and reward depending on their own personal risk tolerance. One common metric used to gauge risk is price-to-book ratio, or P/B. A company’s book value is ...

  • Moody's

    Mong Duong Finance Holdings BV -- Moody's reviews Mong Duong Finance's Ba3 senior secured rating for downgrade

    Moody's Investors Service has today placed the Ba3 rating for Mong Duong Finance Holdings BV's USD senior secured notes on review for downgrade. Mong Duong Finance is a finance entity, whose credit profile is closely linked to AES-VCM Mong Duong Power Company Limited (MDP), because of several structural features. "The rating action reflects Moody's view that the rating on the notes is linked to Vietnam sovereign's rating, given that the government's commitment to MDP under the GGU and the BOT contract is a key driver for MDP's credit quality," says Mic Kang, a Moody's Vice President and Senior Credit Officer.

  • GuruFocus.com

    Edgbaston Investment Partners LLP Buys POSCO

    Investment company Edgbaston Investment Partners LLP (Current Portfolio) buys POSCO during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Edgbaston Investment Partners LLP. Continue reading...

  • Moody's

    Mong Duong Finance Holdings BV -- Moody's assigns first-time (P)Ba3 to Mong Duong Finance Holdings BV's USD senior notes

    Moody's Investors Service has assigned a provisional (P)Ba3 rating to the proposed senior secured USD notes of Mong Duong Finance Holdings BV due 2029. This is the first-time that Moody's has assigned a rating to Mong Duong Finance. The outlook on the rating is stable.

  • How lithium-rich Chile botched a plan to attract battery makers
    Reuters

    How lithium-rich Chile botched a plan to attract battery makers

    In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles. Chile had lured the companies with an enticing offer. In exchange for helping the South American country, the world's No. 2 miner of lithium, jumpstart its own EV battery industry, the firms would get a guaranteed supply of the coveted metal at attractive prices for nearly three decades amid a global race to lock down supplies.

  • Here’s What Hedge Funds Think About POSCO (PKX)
    Insider Monkey

    Here’s What Hedge Funds Think About POSCO (PKX)

    Is POSCO (NYSE:PKX) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of news […]

  • GuruFocus.com

    Charlie Munger's Only 4 Stocks

    Warren Buffett's business partner has triple-digit gains on 3 stocks, and substantially closed down another at a gain

  • Reuters

    UPDATE 1-South Korea's POSCO drops plans for Chilean battery material plant

    SANTIAGO/SEOUL, June 21(Reuters) - South Korea's POSCO has pulled out of a project to build battery parts in Chile, the Asian steelmaker said, little more than a year after winning guaranteed access to cheap lithium from top producer Albemarle. POSCO, together with partner Samsung SDI, won a 2018 Chilean government tender to build a battery-parts factory in the country's northern desert in exchange for a 27-year supply of low-cost lithium. The problem, POSCO told Reuters, is that the project it proposed requires lithium hydroxide, a type of the metal increasingly favored by makers of batteries for electric vehicles (EV) but one not produced by Albemarle in Chile.

  • Gale International to File Arbitration seeking $2 Billion in Damages against the Republic of Korea at the International Centre for Settlement of Investment Disputes
    PR Newswire

    Gale International to File Arbitration seeking $2 Billion in Damages against the Republic of Korea at the International Centre for Settlement of Investment Disputes

    NEW YORK, June 11, 2019 /PRNewswire/ -- The Gale Investments Co., LLC (Gale), a U.S. family-owned real estate development company, today announced that it has submitted a notification of intent to arbitrate a $2+ billion dispute with the Republic of Korea (Korea) at the World Bank's International Centre for Settlement of Investment Disputes (ICSID) as a result of contested actions by Korea relating to the development of the $35 billion Songdo International Business District (Songdo). In 2001, Korea invited Gale and it's best-in-class partners to spearhead the development of Songdo, a brand-new city and gateway to Northeast Asia, which has become an international model for smart-connected cities and city-scale sustainable development.

  • Prem Watsa Exits POSCO, Trims Helmerich & Payne
    GuruFocus.com

    Prem Watsa Exits POSCO, Trims Helmerich & Payne

    The present, chairman and CEO of Fairfax Financial Holdings, Prem Watsa (Trades, Portfolio) sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 2 Warning Sign with BKNG. The steel producer has a market cap of $15.41 billion and an enterprise value of $27.94 billion.

  • PR Newswire

    POSCO Files its Annual Report on Form 20-F

    SEOUL, South Korea , April 30, 2019 /PRNewswire/ -- On April 30 , 2019, POSCO (NYSE: PKX) filed its Annual Report on Form 20-F for the year ended December 31 , 2018 with the U.S. Securities and Exchange ...

  • Reuters

    South Korean steelmaker POSCO warns of rising costs after first-quarter profit drop

    South Korean steelmaker POSCO on Wednesday said its first-quarter operating profit slid 19 percent from a year earlier amid higher costs for raw materials, matching analyst forecasts. POSCO said it expected higher costs for materials and slowing demand for steel to crimp profitability this year, even as steel prices are expected to inch up. The world's fifth-biggest steelmaker said in a statement that it posted a consolidated operating profit of 1.2 trillion won ($1.05 billion) in the first quarter, compared with 1.49 trillion won a year earlier.

  • The Largest Steel Manufacturers Are a Buy
    GuruFocus.com

    The Largest Steel Manufacturers Are a Buy

    Few sectors are as economically sensitive as the steel industry, and even top steel producers are not immune. Steel production is now just an incidental player on a world stage that is dominated by China, the largest producer and importer of the metal. Warning! GuruFocus has detected 1 Warning Sign with MT.

  • Moody's

    POSCO -- Moody's announces completion of a periodic review of ratings of POSCO

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of POSCO and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Should You Buy POSCO (NYSE:PKX)?
    Insider Monkey

    Should You Buy POSCO (NYSE:PKX)?

    The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]

  • GlobeNewswire

    Market Trends Toward New Normal in Dropbox, Sysco, Monotype Imaging, Lamar Advertising, POSCO, and Comtech Telecommunications — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Feb. 25, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Reuters

    POSCO fourth-quarter operating profit up 10 percent, matches estimates

    SEOUL (Reuters) - South Korean steelmaker POSCO's fourth-quarter operating profit rose 10 percent on increased sales and higher profit margins, according to Reuters' calculations, meeting analysts' forecasts. ...