Analyst Ratings for Worthington Industries Inc. (WOR)Updated: 2017-07-27
Shares of Worthington Industries Inc. (NYSE:WOR) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for WOR last month.
4 analysts issued ratings on the stock, where 0 gave WOR a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for WOR. The highest price target was 53.5, implying potential capital gains of 3.04 percent. The lowest price target was 47, which equates to a potential downside of -9.48 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 12.62 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 15.3 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of WOR to grow at a rate of 5.93 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. WOR has a PEG ratio of 2.77.
In the trailing 52-weeks, WOR hit 62.44 at the highest peak, while it's lowest trading point was 39.28. Today's price is 32.18 percent above the 52-week low, and 16.85 percent below the high. WOR has a price/earnings ratio of 16.43. Investors typically compare the P/E ratio to a company's peers in the industry. The WOR value stock report compares WOR to some of its peers using value stock charts. The stock has a market capitalization of $3.27 billion. WOR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.