Shares of Worthington Enterprises, Inc. (NYSE:WOR – Get Free Report) have been given an average recommendation of “Hold” by the four brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $46.00.
WOR has been the subject of a number of research reports. Canaccord Genuity Group lifted their price objective on Worthington Enterprises from $46.00 to $49.00 and gave the stock a “hold” rating in a research report on Thursday, December 19th. Seaport Res Ptn upgraded Worthington Enterprises to a “strong-buy” rating in a research report on Wednesday, January 29th.
Check Out Our Latest Stock Report on WOR
Hedge Funds Weigh In On Worthington Enterprises
Worthington Enterprises Price Performance
Shares of WOR stock opened at $42.41 on Thursday. The stock has a 50-day moving average price of $40.91 and a 200 day moving average price of $42.32. The company has a quick ratio of 2.50, a current ratio of 3.56 and a debt-to-equity ratio of 0.32. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 51.09 and a beta of 1.24. Worthington Enterprises has a 12 month low of $37.88 and a 12 month high of $69.96.
Worthington Enterprises (NYSE:WOR – Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $273.77 million. Worthington Enterprises had a return on equity of 14.70% and a net margin of 3.66%. The company’s revenue was down 8.1% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share. Research analysts expect that Worthington Enterprises will post 2.67 EPS for the current year.
Worthington Enterprises Announces Dividend
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 dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.60%. Worthington Enterprises’s payout ratio is currently 81.93%.
About Worthington Enterprises
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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