Worthington Enterprises Inc (NYSE: WOR) is 28.65% higher on its value in year-to-date trading and has touched a low of $37.88 and a high of $62.86 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WOR stock was last observed hovering at around $51.52 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $51.60, the stock is 22.89% and 22.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 0.16% at the moment leaves the stock 19.39% off its SMA200. WOR registered -17.24% loss for a year compared to 6-month loss of 13.93%. The firm has a 50-day simple moving average (SMA 50) of $42.1736 and a 200-day simple moving average (SMA200) of $43.219.
The stock witnessed a 22.27% gain in the last 1 month and extending the period to 3 months gives it a 25.73%, and is 24.97% 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 7.24% over the week and 3.97% over the month.
Worthington Enterprises Inc (WOR) has around 5800 employees, a market worth around $2.58B and $1.15B in sales. Current P/E ratio is 43.28 and Fwd P/E is 16.40. Profit margin for the company is 5.23%. Distance from 52-week low is 36.22% and -17.91% from its 52-week high. The company has generated returns on investments over the last 12 months (4.84%).
with sales reaching $297.83M over the same period.The EPS is expected to shrink by -1.36% this year, but quarterly earnings will post -9.09% year-over-year. Quarterly sales are estimated to shrink -6.58% in year-over-year returns.
330.0 institutions hold shares in Worthington Enterprises Inc (WOR), with institutional investors hold 85.68% of the company’s shares. The shares outstanding are 50.04M, and float is at 31.35M with Short Float at 3.75%. Institutions hold 52.90% 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 10.0605 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 5.3529 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).
