Michael Endres - Worthington Industries Independent Director
| WOR Stock | USD 40.92 0.29 0.71% |
Director
Mr. Michael J. Endres is an Independent Director of the Company. He has served continuously as a director of the Company since 1999 and is a member of the Executive Committee and the Compensation Committee. Mr. Endres serves as a special limited partner in Stonehenge Partners, Inc., a private equity investment firm he cofounded in August 1999. His duties include, among other things, the examination of specific company financial characteristics, balance sheet and income statement analysis, as well as industry growth rates and trends, and management of the acquisition and disposition of the firms investments. Mr. Endres has served as a director of Huntington Bancshares Incorporated since April 2003 and is a member of its Technology Committee and its Executive Committee. Mr. Endres has also served as a director of W.W. Williams Company, a privatelyheld company, since October 2011, Conterra AG, a privatelyheld company since 2014, and Calibre Group LLC, a privatelyheld company since 2015. Mr. Endres served as a director of Tim Hortons Inc. from 2006 until December 2014 when it was acquired by Restaurant Brands International, where he was Chair of its Audit Committee and a member of its Executive Committee. Mr. Endres received a B.S. from Miami University. Mr. Endres has a depth of experience in equity investing, business development, strategic initiatives and acquisitions, financial analysis, leadership and management, and is a director of various companies. This experience, along with his financial expertise and his history as a director with the Company, make him a valuable asset to the Board and its various committees, and well qualified to continue to serve on the Board. since 1999.
| Age | 72 |
| Tenure | 25 years |
| Address | 200 Old Wilson Bridge Road, Columbus, OH, United States, 43085 |
| Phone | 614 438 3210 |
| Web | https://www.worthingtonenterprises.com |
Michael Endres Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Endres against Worthington Industries stock is an integral part of due diligence when investing in Worthington Industries. Michael Endres insider activity provides valuable insight into whether Worthington Industries is net buyers or sellers over its current business cycle. Note, Worthington Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell Worthington Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Endres over six months ago Acquisition by Michael Endres of 66000 shares of Worthington Industries subject to Rule 16b-3 |
Worthington Industries Management Efficiency
As of 12/01/2024, Return On Assets is likely to grow to 0.08, while Return On Tangible Assets are likely to drop 0.06. At this time, Worthington Industries' Total Assets are relatively stable compared to the past year. As of 12/01/2024, Other Current Assets is likely to grow to about 71.6 M, while Non Currrent Assets Other are likely to drop slightly above 16.1 M. Worthington Industries' management efficiency ratios could be used to measure how well Worthington Industries manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0229 | ||||
| Return On Asset | 7.0E-4 |
Worthington Industries Leadership Team
Elected by the shareholders, the Worthington Industries' board of directors comprises two types of representatives: Worthington Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Worthington. The board's role is to monitor Worthington Industries' management team and ensure that shareholders' interests are well served. Worthington Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Worthington Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| B Rose, President, Chief Executive Officer | ||
| Kevin Chan, Accounting VP | ||
| Richard Welch, Corporate Controller | ||
| Josie Lewis, Vice Resources | ||
| John McConnell, Chairman, CEO and Chairman of Executive Committee | ||
| Kerrii Anderson, Independent Director | ||
| Dale Brinkman, Senior Vice President - Administration, General Counsel, Secretary | ||
| Marcus Rogier, Treasurer, Investor Relations Officer | ||
| Peter Karmanos, Independent Director | ||
| Andrew Rose, CFO and Executive VP | ||
| John Blystone, Lead Independent Director | ||
| Patrick Kennedy, Vice President General Counsel, Company Secretary | ||
| Sonya Higginbotham, Vice President - Corporate Communications and Brand Management | ||
| Eric Smolenski, President - Building Products and Sustainable Energy Solutions | ||
| Priya Rao, Vice Officer | ||
| Michael Endres, Independent Director | ||
| James Bowes, President Products | ||
| Geoffrey Gilmore, Chief Operating Officer, Executive Vice President | ||
| Virgil Winland, Senior Vice President - Manufacturing | ||
| David Blom, Director | ||
| Catherine Lyttle, Vice President - Communications and Investor Relations | ||
| Mary Schiavo, Independent Director | ||
| Tak Wing, Controller | ||
| Sidney Ribeau, Independent Director | ||
| Carl Nelson, Independent Director | ||
| Jeff Klingler, President – The Worthington Steel Company | ||
| Matthew Schlabig, Chief Officer | ||
| Joseph Hayek, Vice President - Mergers & Acquisitions (M&A) and Corporate Development | ||
| Steven Witt, Chief Accounting Officer, Corporate Controller | ||
| Patrick JD, General VP | ||
| Mark Davis, Independent Director | ||
| Steven Caravati, President - Consumer Products | ||
| Ozey Horton, Independent Director | ||
| Colin Souza, VP CFO |
Worthington Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Worthington Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0229 | ||||
| Return On Asset | 7.0E-4 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 2.21 B | ||||
| Shares Outstanding | 50.26 M | ||||
| Shares Owned By Insiders | 38.09 % | ||||
| Shares Owned By Institutions | 52.89 % | ||||
| Number Of Shares Shorted | 1.14 M | ||||
| Price To Earning | 4.88 X |
Pair Trading with Worthington Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Worthington Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Worthington Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Worthington Stock
| 0.7 | B | Barnes Group | PairCorr |
| 0.68 | CMPO | CompoSecure | PairCorr |
| 0.67 | CMPOW | CompoSecure | PairCorr |
| 0.65 | J | Jacobs Solutions | PairCorr |
| 0.61 | AZ | A2Z Smart Technologies | PairCorr |
The ability to find closely correlated positions to Worthington Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worthington Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Worthington Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Worthington Industries to buy it.
The correlation of Worthington Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Worthington Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worthington Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Worthington Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Worthington Stock Analysis
When running Worthington Industries' price analysis, check to measure Worthington Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.