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NYSE:WOR

Worthington Enterprises (WOR) Stock Price, News & Analysis

Worthington Enterprises logo
$40.78 -0.44 (-1.07%)
(As of 12/20/2024 05:31 PM ET)

About Worthington Enterprises Stock (NYSE:WOR)

Key Stats

Today's Range
$40.42
$41.74
50-Day Range
$38.13
$43.43
52-Week Range
$37.88
$69.96
Volume
1.46 million shs
Average Volume
281,503 shs
Market Capitalization
$2.05 billion
P/E Ratio
53.66
Dividend Yield
1.67%
Price Target
$46.00
Consensus Rating
Reduce

Company Overview

Worthington Enterprises, Inc. operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors. The Consumer Products segment provides products in the tools, outdoor living, and celebrations end markets. Its products include propane-filled cylinders for torches, camping stoves and other applications, LPG cylinders, handheld torches, helium-filled balloon kits, specialized hand tools and instruments, and drywall tools and accessories This segment sells its products primarily to mass merchandisers, retailers, and distributors under the Coleman, Bernzomatic, Balloon Time, Mag-Torch, General, Garden-Weasel, Pactool International, Hawkeye, Worthington Pro Grade, and Level5 brands. The Sustainable Energy Solutions segment sells onboard fueling systems and services, as well as gas containment solutions and services for storage, transport, and distribution of industrial gases. It includes high pressure and acetylene cylinders for life support systems and alternative fuel cylinders used to hold CNG and hydrogen for automobiles, buses, and light-duty trucks. The company was formerly known as Worthington Industries, Inc. Worthington Enterprises, Inc. was founded in 1955 and is headquartered in Columbus, Ohio.

Worthington Enterprises Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
61st Percentile Overall Score

WOR MarketRank™: 

Worthington Enterprises scored higher than 61% of companies evaluated by MarketBeat, and ranked 11th out of 27 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Worthington Enterprises has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Worthington Enterprises has only been the subject of 2 research reports in the past 90 days.

  • Read more about Worthington Enterprises' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Worthington Enterprises is 53.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Worthington Enterprises is 53.66, which means that it is trading at a more expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 12.05.

  • Price to Book Value per Share Ratio

    Worthington Enterprises has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.70% of the float of Worthington Enterprises has been sold short.
  • Short Interest Ratio / Days to Cover

    Worthington Enterprises has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in Worthington Enterprises has recently increased by 1.75%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Worthington Enterprises pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Worthington Enterprises does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Worthington Enterprises is 81.93%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Worthington Enterprises' dividend.
  • Percentage of Shares Shorted

    3.70% of the float of Worthington Enterprises has been sold short.
  • Short Interest Ratio / Days to Cover

    Worthington Enterprises has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in Worthington Enterprises has recently increased by 1.75%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Worthington Enterprises has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Multi-Sector Conglomerates companies.
  • News Coverage This Week

    MarketBeat has tracked 33 news articles for Worthington Enterprises this week, compared to 4 articles on an average week.
  • Search Interest

    5 people have searched for WOR on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Worthington Enterprises to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Worthington Enterprises insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,525.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    37.50% of the stock of Worthington Enterprises is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    51.59% of the stock of Worthington Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Worthington Enterprises' insider trading history.
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WOR Stock News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Worthington Enterprises Reports Mixed Q2 Fiscal 2025 Results
Worthington Enterprises Shares Jump on Higher 2Q Profit
See More Headlines

WOR Stock Analysis - Frequently Asked Questions

Worthington Enterprises' stock was trading at $57.55 at the start of the year. Since then, WOR stock has decreased by 29.1% and is now trading at $40.78.
View the best growth stocks for 2024 here
.

Worthington Enterprises, Inc. (NYSE:WOR) issued its quarterly earnings results on Tuesday, December, 17th. The industrial products company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.08. The firm's revenue was down 8.1% compared to the same quarter last year.

Top institutional shareholders of Worthington Enterprises include Pacer Advisors Inc. (3.21%), State Street Corp (2.41%), Geode Capital Management LLC (1.62%) and Charles Schwab Investment Management Inc. (0.98%). Insiders that own company stock include John P/Oh Mcconnell, B Andrew Rose, Geoffrey G Gilmore, Joseph B Hayek, Eric M Smolenski, Michael J Endres, Kerrii B Anderson, Sidney A Ribeau, Catherine M Lyttle, Jeffrey R Klingler, David P Blom and Patrick J Kennedy.
View institutional ownership trends
.

Shares of WOR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Worthington Enterprises investors own include Johnson & Johnson (JNJ), UnitedHealth Group (UNH), Gilead Sciences (GILD), Cuisine Solutions (CUSI), InnerScope Hearing Technologies (INND), Corning (GLW) and Home Depot (HD).

Company Calendar

Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Ex-Dividend for 12/27 Dividend
12/13/2024
Last Earnings
12/17/2024
Today
12/21/2024
Dividend Payable
12/27/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
Steel
CUSIP
98181110
Employees
3,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.00
High Stock Price Target
$49.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+12.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$110.62 million
Pretax Margin
3.49%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$5.37 per share
Book Value
$17.78 per share

Miscellaneous

Free Float
31,413,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
1.26

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This page (NYSE:WOR) was last updated on 12/21/2024 by MarketBeat.com Staff
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