Worthington Enterprises Inc (NYSE: WOR) is -28.57% lower on its value in year-to-date trading and has touched a low of $37.88 and a high of $69.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WOR stock was last observed hovering at around $41.04 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $41.11, the stock is 1.11% and 1.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 0.17% at the moment leaves the stock -15.41% off its SMA200. WOR registered -29.64% loss for a year compared to 6-month loss of -15.15%. The firm has a 50-day simple moving average (SMA 50) of $40.397 and a 200-day simple moving average (SMA200) of $48.70365.
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The stock witnessed a 1.71% gain in the last 1 month and extending the period to 3 months gives it a -3.81%, and is 7.62% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.63% over the week and 3.00% over the month.
Worthington Enterprises Inc (WOR) has around 5800 employees, a market worth around $2.07B and $1.17B in sales. Current P/E ratio is 49.24 and Fwd P/E is 14.50. Profit margin for the company is 3.66%. Distance from 52-week low is 8.53% and -41.24% from its 52-week high. The company has generated returns on investments over the last 12 months (3.49%).
with sales reaching $291.76M over the same period.The EPS is expected to shrink by -9.32% this year, but quarterly earnings will post -9.66% year-over-year. Quarterly sales are estimated to shrink -7.89% in year-over-year returns.
Worthington Enterprises Inc (WOR) Top Institutional Holders
348.0 institutions hold shares in Worthington Enterprises Inc (WOR), with institutional investors hold 85.48% of the company’s shares. The shares outstanding are 50.26M, and float is at 31.36M with Short Float at 3.68%. Institutions hold 52.92% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.95 million shares valued at $234.25 million. The investor’s holdings represent 10.0113% of the WOR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.74 million shares valued at $177.08 million to account for 7.5682 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 2.63 million shares representing 5.3267% and valued at over $124.64 million, while DIMENSIONAL FUND ADVISORS LP holds 4.6872 of the shares totaling 2.32 million with a market value of $109.67 million.
Worthington Enterprises Inc (WOR) Insider Activity
The most recent transaction is an insider purchase by HAYEK JOSEPH B, the company’s EVP and CFO. SEC filings show that HAYEK JOSEPH B bought 2,500 shares of the company’s common stock on Oct 11 ’24 at a price of $40.21 per share for a total of $0.1 million. Following the purchase, the insider now owns 0.17 million shares.
Worthington Enterprises Inc disclosed in a document filed with the SEC on Apr 05 ’24 that HORTON OZEY K JR (Director) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Apr 05 ’24 and was made at $61.34 per share for $61340.0. Following the transaction, the insider now directly holds 40688.0 shares of the WOR stock.
Still, SEC filings show that on Apr 01 ’24, ROSE B ANDREW (President & CEO) disposed off 75,568 shares at an average price of $61.27 for $4.63 million. The insider now directly holds 437,698 shares of Worthington Enterprises Inc (WOR).
