WOR Stock Summary and Trading Ideas (Worthington Enterprises Common Shares | NYSE:WOR)

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 November 26, 2024, WOR stock price declined to $40.17 with 149,835 million shares trading.

WOR has a beta of 1.32, meaning it tends to be more sensitive to market movements. WOR has a correlation of 0.21 to the broad based SPY ETF.

WOR has a market cap of $2.02 billion. This is considered a Mid Cap stock.

Last quarter Worthington Enterprises Common Shares reported $257 million in Revenue and $.50 earnings per share. This fell short of revenue expectation by $-43 million and missed earnings estimates by -$.24.

In the last 3 years, WOR traded as high as $77.42 and as low as $38.01.

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 price return of -5.2% while the SPY ETF gained +33.5%. WOR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.2% and -3.4%, respectively, while the SPY returned +7.4% and +0.6%, respectively.

WOR support price is $40.21 and resistance is $41.97 (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.