Worthington Industries Inc. (NYSE:WOR) previous close was $59.33 while the outstanding shares total 52.99M. The firm has a beta of 1.15, a 12-month trailing P/E ratio of 5.74, and a growth ratio of 0.14. WOR’s shares traded higher over the last trading session, gaining 0.62% on 02/12/21. The shares fell to a low of $59.03 before closing at $59.70. Intraday shares traded counted 0.13 million, which was 48.97% higher than its 30-day average trading volume of 262.97K. The stock’s Relative Strength Index (RSI) is 64.93, with weekly volatility at 2.68% and ATR at 2.02. The WOR stock’s 52-week price range has touched low of $19.28 and a $60.99 high.
Investors have identified the Steel company Worthington Industries Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.10 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Worthington Industries Inc. (WOR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For WOR, the company has in raw cash 713.13 million on their books with 0.16 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.69 billion total, with 557.17 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.20 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on WOR sounds very interesting.
Is the stock of WOR attractive?
In related news, President, Worthington Steel, KLINGLER JEFFREY R sold 759 shares of the company’s stock in a transaction that recorded on Jan 06. The sale was performed at an average price of 56.88, for a total value of 43,172. As the sale deal closes, the Sr, VP-Admin & Secretary, BRINKMAN DALE T now sold 1,789 shares of the company’s stock, valued at 91,507. Also, EVP & Chief Operating Officer, GILMORE GEOFFREY G sold 28,923 shares of the company’s stock in a deal that was recorded on Nov 10. The shares were price at an average price of 52.48 per share, with a total market value of 1,517,990. Following this completion of acquisition, the President, Worthington Steel, KLINGLER JEFFREY R now holds 3,867 shares of the company’s stock, valued at 204,139. In the last 6 months, insiders have changed their ownership in shares of company stock by 6.70%.
0 out of 2 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Worthington Industries Inc.. 0 analysts has assigned a Sell rating on the WOR stock. The 12-month mean consensus price target for the company’s shares has been set at $50.00.