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.
WOR was given price targets by several analysts. The maximum price target given was 53.5, implying a possible profit of 3.04 percent. The most pessimistic analyst gave a price target of 47, which equates to a potential downside of -9.48 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 12.62 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 15.3 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, 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, while 0 analysts decreased their estimates.
Analysts estimate earnings of WOR to grow at a rate of 5.93 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of WOR is 2.77.
WOR has a 52-week high of 62.44 and a 52-week low of 39.28. Currently the stock is 32.18 percent higher than its low, and 16.85 percent below the high. WOR has a P/E 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 market cap of WOR is $3.27 billion. WOR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.