Seaport Res Ptn Has Bullish Forecast for WOR FY2025 Earnings

Worthington Enterprises, Inc. (NYSE:WOR - Free Report) - Investment analysts at Seaport Res Ptn lifted their FY2025 earnings estimates for shares of Worthington Enterprises in a report issued on Thursday, April 3rd. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will post earnings per share of $2.75 for the year, up from their prior forecast of $2.67. Seaport Res Ptn has a "Strong-Buy" rating on the stock. The consensus estimate for Worthington Enterprises' current full-year earnings is $2.67 per share. Seaport Res Ptn also issued estimates for Worthington Enterprises' Q4 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.76 EPS, FY2025 earnings at $2.75 EPS, Q4 2026 earnings at $0.97 EPS, Q4 2026 earnings at $0.97 EPS, FY2026 earnings at $3.14 EPS and FY2026 earnings at $3.14 EPS.

Several other analysts have also recently weighed in on the stock. The Goldman Sachs Group increased their price target on shares of Worthington Enterprises from $39.00 to $44.00 and gave the company a "sell" rating in a research note on Thursday, April 3rd. Canaccord Genuity Group raised their target price on Worthington Enterprises from $49.00 to $54.00 and gave the stock a "hold" rating in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Worthington Enterprises has a consensus rating of "Hold" and an average price target of $48.00.

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Worthington Enterprises Trading Up 8.5 %

Worthington Enterprises stock traded up $3.75 during midday trading on Friday, hitting $47.84. 134,064 shares of the stock were exchanged, compared to its average volume of 299,285. The company has a current ratio of 3.56, a quick ratio of 2.50 and a debt-to-equity ratio of 0.32. The stock's 50-day simple moving average is $43.29 and its 200 day simple moving average is $41.62. Worthington Enterprises has a fifty-two week low of $37.88 and a fifty-two week high of $61.70. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 57.64 and a beta of 1.06.

Worthington Enterprises (NYSE:WOR - Get Free Report) last issued its earnings results on Tuesday, March 25th. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.18. Worthington Enterprises had a return on equity of 14.70% and a net margin of 3.66%. The company had revenue of $304.52 million during the quarter, compared to analysts' expectations of $289.09 million. During the same period in the prior year, the business earned $0.80 EPS. The firm's quarterly revenue was down 3.9% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its holdings in shares of Worthington Enterprises by 9.7% in the 4th quarter. Pacer Advisors Inc. now owns 1,770,924 shares of the industrial products company's stock valued at $71,032,000 after buying an additional 156,762 shares during the period. Geode Capital Management LLC grew its position in Worthington Enterprises by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 813,828 shares of the industrial products company's stock valued at $33,739,000 after acquiring an additional 25,824 shares in the last quarter. American Century Companies Inc. increased its stake in Worthington Enterprises by 11.5% during the fourth quarter. American Century Companies Inc. now owns 662,149 shares of the industrial products company's stock worth $26,559,000 after purchasing an additional 68,363 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Worthington Enterprises by 8.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 533,276 shares of the industrial products company's stock worth $21,390,000 after purchasing an additional 39,996 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Worthington Enterprises by 3.6% in the fourth quarter. Bank of New York Mellon Corp now owns 414,546 shares of the industrial products company's stock valued at $16,627,000 after purchasing an additional 14,328 shares during the period. 51.59% of the stock is currently owned by institutional investors and hedge funds.

Worthington Enterprises Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.42%. Worthington Enterprises's dividend payout ratio (DPR) is presently 57.63%.

About Worthington Enterprises

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.