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.
Several price targets were given for WOR by the analysts covering the stock. The most optimistic price target was 53.5, implying potential capital gains of 3.04 percent. The most pessimistic analyst gave a price target of 47, implying potential capital losses of -9.48 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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.
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, 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.
The growth rate of WOR's earnings is estimated by analysts to be 5.93 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. 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 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.