Worthington Enterprises, Inc. (NYSE:WOR – Free Report) – Equities research analysts at Seaport Res Ptn issued their FY2025 earnings estimates for shares of Worthington Enterprises in a research note issued to investors on Wednesday, January 29th. Seaport Res Ptn analyst W. Liptak forecasts that the industrial products company will earn $2.67 per share for the year. Seaport Res Ptn has a “Strong-Buy” rating on the stock.
Separately, Canaccord Genuity Group increased their target price on shares of Worthington Enterprises from $46.00 to $49.00 and gave the company a “hold” rating in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Worthington Enterprises currently has a consensus rating of “Hold” and an average price target of $46.00.
Worthington Enterprises Price Performance
WOR stock opened at $41.84 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.50 and a current ratio of 3.56. Worthington Enterprises has a 52 week low of $37.88 and a 52 week high of $69.96. The firm’s fifty day moving average is $40.86 and its 200 day moving average is $42.43. The firm has a market cap of $2.09 billion, a P/E ratio of 50.41 and a beta of 1.25.
Worthington Enterprises (NYSE:WOR – Get Free Report) last issued its quarterly earnings results on Tuesday, December 17th. The industrial products company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. The firm had revenue of $274.05 million for the quarter, compared to analyst estimates of $273.77 million. Worthington Enterprises had a net margin of 3.66% and a return on equity of 14.70%. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.78 EPS.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of WOR. KBC Group NV grew its stake in shares of Worthington Enterprises by 45.1% in the third quarter. KBC Group NV now owns 1,136 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 353 shares during the period. nVerses Capital LLC purchased a new position in Worthington Enterprises during the third quarter valued at approximately $83,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Worthington Enterprises in the third quarter worth $85,000. Point72 DIFC Ltd purchased a new position in shares of Worthington Enterprises in the third quarter worth $110,000. Finally, Eastern Bank purchased a new position in shares of Worthington Enterprises in the third quarter worth $121,000. 51.59% of the stock is owned by hedge funds and other institutional investors.
Worthington Enterprises Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.63%. Worthington Enterprises’s dividend payout ratio is 81.93%.
Worthington Enterprises Company Profile
Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.
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