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.
A number of analysts gave price targets for WOR. The highest price target was 53.5, which equates to a potential upside of 3.04 percent. The minimum price target given was 47, implying a possible loss of -9.48 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. 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. 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. WOR has a PEG ratio of 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 lower than its 52-week 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.