Worthington Enterprises: A Compelling Buy with Strategic Transformation and Growth Potential
TipRanks (Wed, 29-Jan 11:25 PM ET)
Globe Newswire (Wed, 29-Jan 9:10 AM ET)
Worthington Enterprises Reports Second Quarter Fiscal 2025 Results
Globe Newswire (Tue, 17-Dec 4:15 PM ET)
Worthington Enterprises Declares Quarterly Dividend
Globe Newswire (Tue, 17-Dec 12:10 PM ET)
Worthington Enterprises Schedules Second Quarter 2025 Earnings Call for December 18
Globe Newswire (Thu, 21-Nov 8:20 AM ET)
Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.
Worthington Enterprises Common Shares trades on the NYSE stock market under the symbol WOR.
As of January 30, 2025, WOR stock price climbed to $44.01 with 127,717 million shares trading.
WOR has a beta of 1.12, meaning it tends to be more sensitive to market movements. WOR has a correlation of 0.20 to the broad based SPY ETF.
WOR has a market cap of $2.20 billion. This is considered a Mid Cap stock.
Last quarter Worthington Enterprises Common Shares reported $274 million in Revenue and $.60 earnings per share. This beat revenue expectation by $276,000 and exceeded earnings estimates by $.08.
In the last 3 years, WOR traded as high as $77.42 and as low as $37.88.
The top ETF exchange traded funds that WOR belongs to (by Net Assets): IJR, CALF, VTI, IWM, VB.
WOR has underperformed the market in the last year with a return of -21.1%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in WOR shares. However, WOR has outperformed the market in the last 3 month and 2 week periods, returning +13.1% and +5.6%, while SPY returned +4.1% and +1.9%, respectively. This indicates WOR has been having a stronger performance recently.
WOR support price is $40.53 and resistance is $42.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WOR shares will trade within this expected range on the day.