Is Worthington Steel Stock a Good Investment?
Worthington Steel Investment Advice | WS |
- Examine Worthington Steel's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Worthington Steel's leadership team and their track record. Good management can help Worthington Steel navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Worthington Steel's business and its evolving consumer preferences.
- Compare Worthington Steel's performance and market position to its competitors. Analyze how Worthington Steel is positioned in terms of product offerings, innovation, and market share.
- Check if Worthington Steel pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Worthington Steel's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Worthington Steel stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Worthington Steel is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Worthington Steel Stock
Researching Worthington Steel's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 36.0% of the company outstanding shares are owned by insiders. The book value of Worthington Steel was at this time reported as 20.42. The company last dividend was issued on the 13th of December 2024.
To determine if Worthington Steel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Worthington Steel's research are outlined below:
| Worthington Steel appears to be risky and price may revert if volatility continues | |
| Worthington Steel has a strong financial position based on the latest SEC filings | |
| About 36.0% of the company outstanding shares are owned by insiders | |
| Latest headline from gurufocus.com: Worthington Steel Inc Trading 3.41 percent Higher on Nov 22 |
Worthington Steel Quarterly Good Will |
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Worthington Steel uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Worthington Steel. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Worthington Steel's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of December 2023 Upcoming Quarterly Report | View | |
| 30th of November 2023 Next Fiscal Quarter End | View | |
| 31st of August 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Worthington Steel's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Worthington Steel's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-12-12 | 2023-11-30 | 0.15 | 0.11 | -0.04 | 26 | ||
2024-03-21 | 2024-02-29 | 0.84 | 0.99 | 0.15 | 17 | ||
2024-06-26 | 2024-05-31 | 0.84 | 1.06 | 0.22 | 26 |
Worthington Steel's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 2.27 B.Market Cap |
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Worthington Steel's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.10 | |
| Return On Capital Employed | 0.16 | 0.19 | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.16 | 0.18 |
Determining Worthington Steel's profitability involves analyzing its financial statements and using various financial metrics to determine if Worthington Steel is a good buy. For example, gross profit margin measures Worthington Steel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Worthington Steel's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Worthington Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Worthington Steel. Check Worthington Steel's Beneish M Score to see the likelihood of Worthington Steel's management manipulating its earnings.
Evaluate Worthington Steel's management efficiency
Worthington Steel has Return on Asset (ROA) of 0.0626 % which means that for every $100 of assets, it generated a profit of $0.0626. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1173 %, which means that it produced $0.1173 on every 100 dollars invested by current stockholders. Worthington Steel's management efficiency ratios could be used to measure how well Worthington Steel manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.10 in 2024. Return On Capital Employed is likely to gain to 0.19 in 2024. At this time, Worthington Steel's Total Assets are comparatively stable compared to the past year. Other Current Assets is likely to gain to about 82.2 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 795.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 22.67 | 17.47 | |
| Tangible Book Value Per Share | 19.49 | 15.36 | |
| Enterprise Value Over EBITDA | 6.30 | 4.48 | |
| Price Book Value Ratio | 1.65 | 1.62 | |
| Enterprise Value Multiple | 6.30 | 4.48 | |
| Price Fair Value | 1.65 | 1.62 |
Leadership at Worthington Steel emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0143 | Forward Dividend Yield 0.0143 | Forward Dividend Rate 0.64 |
Basic technical analysis of Worthington Stock
As of the 30th of November, Worthington Steel maintains the Downside Deviation of 3.44, market risk adjusted performance of 0.1794, and Mean Deviation of 2.3. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Worthington Steel, as well as the relationship between them. Please check out Worthington Steel value at risk, as well as the relationship between the semi variance and kurtosis to decide if Worthington Steel is priced fairly, providing market reflects its latest price of 44.84 per share. Given that Worthington Steel has jensen alpha of 0.1133, we strongly advise you to confirm Worthington Steel's prevalent market performance to make sure the company can sustain itself at a future point.Worthington Steel's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Worthington Steel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Worthington Steel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Worthington Steel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Schiavo Mary Fackler over a month ago Acquisition by Schiavo Mary Fackler of 4374 shares of Worthington Steel subject to Rule 16b-3 | ||
Joseph Heuer over six months ago Worthington Steel exotic insider transaction detected | ||
Schiavo Mary Fackler over six months ago Exercise or conversion by Schiavo Mary Fackler of 287 shares of Worthington Steel subject to Rule 16b-3 | ||
Chiappone Charles M over six months ago Purchase by Chiappone Charles M of 1850 shares of Worthington Steel | ||
Adams Timothy A over six months ago Acquisition by Adams Timothy A of 14520 shares of Worthington Steel subject to Rule 16b-3 | ||
Nelson Carl A Jr over a year ago Worthington Steel exotic insider transaction detected | ||
Adams Timothy A over a year ago Worthington Steel exotic insider transaction detected |
Worthington Steel's Outstanding Corporate Bonds
Worthington Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Worthington Steel uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Worthington bonds can be classified according to their maturity, which is the date when Worthington Steel has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Worthington Steel's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Worthington Steel's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1131 | |||
| Market Risk Adjusted Performance | 0.1794 | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 2.87 | |||
| Downside Deviation | 3.44 | |||
| Coefficient Of Variation | 725.76 | |||
| Standard Deviation | 3.41 | |||
| Variance | 11.6 | |||
| Information Ratio | 0.0974 | |||
| Jensen Alpha | 0.1133 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0963 | |||
| Treynor Ratio | 0.1694 | |||
| Maximum Drawdown | 18.06 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 3.98 | |||
| Downside Variance | 11.86 | |||
| Semi Variance | 8.26 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 0.261 | |||
| Kurtosis | 4.82 |
| Risk Adjusted Performance | 0.1131 | |||
| Market Risk Adjusted Performance | 0.1794 | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 2.87 | |||
| Downside Deviation | 3.44 | |||
| Coefficient Of Variation | 725.76 | |||
| Standard Deviation | 3.41 | |||
| Variance | 11.6 | |||
| Information Ratio | 0.0974 | |||
| Jensen Alpha | 0.1133 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0963 | |||
| Treynor Ratio | 0.1694 | |||
| Maximum Drawdown | 18.06 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 3.98 | |||
| Downside Variance | 11.86 | |||
| Semi Variance | 8.26 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 0.261 | |||
| Kurtosis | 4.82 |
Consider Worthington Steel's intraday indicators
Worthington Steel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Worthington Steel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Worthington Steel Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 15th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 1st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 30th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Worthington Stock media impact
Far too much social signal, news, headlines, and media speculation about Worthington Steel that are available to investors today. That information is available publicly through Worthington media outlets and privately through word of mouth or via Worthington internal channels. However, regardless of the origin, that massive amount of Worthington data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Worthington Steel news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Worthington Steel relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Worthington Steel's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Worthington Steel alpha.
Worthington Steel Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Worthington Steel can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Worthington Steel Corporate Management
| Bill Wertz | VP Officer | Profile | |
| Michaune Tillman | VP Counsel | Profile | |
| Nikki Ballinger | Vice Resources | Profile | |
| Clifford Larivey | Senior Purchasing | Profile |
Already Invested in Worthington Steel?
The danger of trading Worthington Steel is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Worthington Steel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Worthington Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Worthington Steel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Worthington Stock Analysis
When running Worthington Steel's price analysis, check to measure Worthington Steel's 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 Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.