Forecasting The Future: 4 Analyst Projections For Worthington Enterprises

Analysts' ratings for Worthington Enterprises WOR over the last quarter vary from bullish to bearish, as provided by 4 analysts.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $56.5, with a high estimate of $64.00 and a low estimate of $50.00. Marking an increase of 6.6%, the current average surpasses the previous average price target of $53.00.

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive Worthington Enterprises. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Worthington Enterprises. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Worthington Enterprises compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Worthington Enterprises's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Worthington Enterprises's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Worthington Enterprises analyst ratings.

About Worthington Enterprises

Worthington Enterprises Inc formerly Worthington Industries Inc is a diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinders for liquefied petroleum gas, compressed natural gas, oxygen, refrigerant, and other industrial gas storage; cylinders; helium-filled balloon kits; steel and fiberglass tanks and processing equipment primarily for the oil and gas industry; cryogenic pressure vessels for liquefied natural gas and other gas storage applications; light gauge steel framing for commercial and residential construction; and several other products. The firm's operating segments are Steel Processing, Consumer Products, Building Products and Sustainable Energy Solutions.

Financial Insights: Worthington Enterprises

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Negative Revenue Trend: Examining Worthington Enterprises's financials over 3 months reveals challenges. As of 30 November, 2023, the company experienced a decline of approximately -7.54% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Worthington Enterprises's net margin is impressive, surpassing industry averages. With a net margin of 2.24%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Worthington Enterprises's ROE stands out, surpassing industry averages. With an impressive ROE of 1.36%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Worthington Enterprises's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.69%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.4.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.