POSCO (PKX) to Release Earnings on Wednesday

POSCO (NYSE:PKX) is projected to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect POSCO to post earnings of $0.74 per share and revenue of $12.48 billion for the quarter.

POSCO Trading Down 0.4 %

Shares of NYSE:PKX opened at $42.76 on Tuesday. The company’s 50-day moving average price is $44.33 and its two-hundred day moving average price is $55.49. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.95 and a quick ratio of 1.35. POSCO has a one year low of $39.40 and a one year high of $86.10. The stock has a market capitalization of $12.98 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 1.93 and a beta of 1.39.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of POSCO from a “buy” rating to a “hold” rating in a research report on Thursday, January 2nd.

POSCO Company Profile

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.