Norsk Hydro ASA (OTCQX:NHYDY) Q4 2024 Earnings Conference Call February 14, 2025 2:30 AM ET Company Participants Martine Hagen – Head-Investor Relations Eivind Kallevik – President and Chief Executive Officer Trond Olaf Christophersen – Chief Financial Officer Conference Call Participants Martine Hagen Good morning, everyone, and welcome to Hydro's Fourth Quarter 2024 Presentation and Q&A. So we will start off with the presentation by our President and CEO, Eivind Kallevik; before our CFO, Trond Olaf Christophersen, will take us through the financial results.
Norsk Hydro's valuation has become more attractive, with a price target of 70 NOK and a "Buy" rating due to its strong fundamentals and growth potential. Despite recent challenges, including geopolitical risks and weak extrusion demand, Hydro's focus on green aluminum and sustainability initiatives positions it well for long-term growth. The company's financials show resilience, with growing demand for aluminum in sustainable sectors and a well-covered dividend yield of 4.1%.
Norway's Norsk Hydro will stop funding its green hydrogen and battery businesses on the back of challenging market conditions. “Battery materials and green hydrogen will no longer be strategic growth areas for Hydro,” the hydropower and aluminium producer said on Wednesday.
Norsk Hydro ASA (NHYDY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Investors with an interest in Metal Products - Procurement and Fabrication stocks have likely encountered both Norsk Hydro ASA (NHYDY) and Esab (ESAB). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Norsk Hydro ASA (NHYDY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (NHYDY) or Northwest Pipe Co. (NWPX). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Norsk Hydro ASA (OTCQX:NHYDY) Q3 2024 Results Conference Call October 24, 2024 2:30 AM ET Company Participants Martine Hagen - Head, IR Eivind Kallevik - CEO, President Trond Olaf Christophersen - CFO Martine Hagen Good morning, and welcome to Hydro's Third Quarter 2024 Presentation and Q&A. So we will start off with the presentation from our President and CEO, Eivind Kallevik; before our CFO, Trond Olaf Christophersen, will take us through the financial results.
Norsk Hydro has seen an 11.11% RoR since my last update, outperforming the index return of 10.94%, despite significant market volatility. The company's focus on green initiatives, like Hydro Rein and Hydro CIRCAL, positions it well for the sustainable transition and decarbonization trends. Key headwinds include low scrap generation and reliance on customs measures to protect against cheap aluminum imports from China.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.