• Posco International’s operating profit for the 1st quarter was 265.4 billion won, indicating a decrease of 5.1% year on year. This surpassed the estimated 254.88 billion won.
• The net figure stood at 176.3 billion won, which denotes a 2.5% year on year drop. However, it outperformed the projected 156.38 billion won by a fair margin.
• Sales recorded were on the lower side with 7.76 trillion won, a 6.6% decrease compared to last year. This was lower than the expected 8.49 trillion won.
• Despite a drop in numbers compared to last year, the stock remains popular with 8 buys and no holds or sells being recorded.
• The comparisons are made on the basis of the disclosed numbers from the company’s original disclosures.
Posco International Corporation on Smartkarma
Analyst coverage of Posco International Corporation on Smartkarma is showing a bearish sentiment according to Douglas Kim. In his recent report titled “End of Mandatory Lock-Up Periods for 41 Companies in Korea in January 2024“, Kim discusses the implications of the end of mandatory lock-up periods for 41 stocks in Korea, including Posco International. The report highlights the potential for further selling pressures in January, signaling a possibility of underperformance for these stocks compared to the overall market.
Posco International is identified as one of the top five market cap stocks among the 41 companies facing the end of lock-up periods. This insight provides investors with valuable information regarding the market sentiment towards Posco International Corporation, allowing them to make informed decisions based on the analysis of independent analysts on Smartkarma like Douglas Kim.
A look at Posco International Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Posco International Corporation, a general trading company known for its diverse portfolio of steel, cement, crude oil, heavy machinery, automobile parts, and textiles, has received encouraging ratings in various aspects. With a solid dividend score of 4 indicating strong payout to investors and a growth score of 4 signifying potential for future expansion, the company seems well-positioned for long-term success.
However, challenges may lie ahead as reflected in lower resilience and momentum scores of 2 each. This suggests a need for the company to enhance its ability to withstand market fluctuations and boost its operational efficiency to capitalize on growth opportunities effectively. Overall, while there are areas for improvement, the positive dividend and growth scores underscore a promising outlook for Posco International Corporation in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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