Worthington Enterprises (WOR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $38.24 to $38.63
• 50-Day Range: $38.30 to $46.55
• 52-Week Range: $38.24 to $69.96
• Volume: 151,419 shs
• Average Volume: 279,530 shs
• Market Capitalization: $1.94 billion
• P/E Ratio: 50.80
• Dividend Yield: 1.76%
• Price Target: $45.00
• Consensus Rating: Reduce

Worthington Enterprises Stock Analysis - MarketRank™

Worthington Enterprises scored higher than 65% of companies evaluated by MarketBeat, and ranked 10th out of 26 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Reduce

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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Worthington Enterprises is 50.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Worthington Enterprises is 50.80, 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 12.78.

Price to Book Value per Share Ratio

Worthington Enterprises has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.45% 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.

Change versus previous month

Short interest in Worthington Enterprises has recently increased by 12.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Worthington Enterprises pays a meaningful dividend of 1.72%, 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 89.47%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 1.1 / 5
• Environmental Score: -3.16

Percentage of Shares Shorted

3.45% 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.

Change versus previous month

Short interest in Worthington Enterprises has recently increased by 12.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.96

News Sentiment

Worthington Enterprises has a news sentiment score of 0.96. 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 is a higher news sentiment than the 0.58 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Worthington Enterprises this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for WOR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

3 people have added Worthington Enterprises to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

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.

WOR Stock Analysis - Frequently Asked Questions

How have WOR shares performed this year?

Worthington Enterprises' stock was trading at $57.55 at the start of the year. Since then, WOR shares have decreased by 32.9% and is now trading at $38.61.
View the best growth stocks for 2024 here.

How were Worthington Enterprises' earnings last quarter?

Worthington Enterprises, Inc. (NYSE:WOR) announced its quarterly earnings results on Tuesday, September, 24th. The industrial products company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.21. The business's quarterly revenue was down 17.5% on a year-over-year basis.

Who are Worthington Enterprises' major shareholders?

Top institutional investors 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.

How do I buy shares of Worthington Enterprises?

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.

What other stocks do shareholders of Worthington Enterprises own?

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
• Last Earnings: 9/24/2024
• Dividend Payable: 9/27/2024
• Today: 11/20/2024
• Ex-Dividend for 12/27 Dividend: 12/13/2024
• Next Earnings (Estimated): 12/17/2024
• Dividend Payable: 12/27/2024
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Multi-Sector Conglomerates
• Industry: Steel works, blast furnaces, & rolling & finishing mills
• Sub-Industry: Steel
• Current Symbol: NYSE:WOR
• CUSIP: 98181110
• CIK: 108516
• Web: www.worthingtonindustries.com
• Phone: (614) 438-3210
• Fax: 614-438-3136
• Employees: 3,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $45.00
• High Stock Price Target: $46.00
• Low Stock Price Target: $43.00
• Potential Upside/Downside: +16.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.76
• Trailing P/E Ratio: 50.80
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $110.62 million
• Net Margins: 1.96%
• Pretax Margin: 3.49%
• Return on Equity: 12.23%
• Return on Assets: 6.61%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 3.47
• Quick Ratio: 2.34

Sales & Book Value

• Annual Sales: $1.19 billion
• Price / Sales: 1.63
• Cash Flow: $5.03 per share
• Price / Cash Flow: 7.68
• Book Value: $17.78 per share
• Price / Book: 2.17

Miscellaneous

• Outstanding Shares: 50,260,000
• Free Float: 31,413,000
• Market Cap: $1.94 billion
• Optionable: Optionable
• Beta: 1.26