Worthington Steel Stock Analysis

Worthington Stock Analysis Notes

About 34.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.35. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Worthington Steel last dividend was issued on the 13th of March 2024. For more information please call Geoffrey Gilmore at 614-438-3210 or visit https://www.worthingtonsteel.com.

Worthington Steel Investment Alerts

Worthington Steel Upcoming and Recent Events

Worthington Largest EPS Surprises

View All Earnings Estimates

Worthington Steel Thematic Classifications

Worthington Market Capitalization

The company currently falls under 'Mid-Cap' category with a market capitalization of 1.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Worthington Steel's market, we take the total number of its shares issued and multiply it by Worthington Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Worthington Profitablity

The company has Net Profit Margin (PM) of 0.04 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.01 %, which signifies that for every $100 of sales, it has a net operating income of $0.01.

Management Efficiency

Return On Tangible Assets is likely to gain to 0.10 in 2024. Return On Capital Employed is likely to gain to 0.19 in 2024. At this time, Worthington Steel's Total Current Assets are comparatively stable compared to the past year. Return On Tangible Assets is likely to gain to 0.10 in 2024, whereas Net Tangible Assets are likely to drop slightly above 899.8 M in 2024. Worthington Steel's management efficiency ratios could be used to measure how well Worthington Steel manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 5th of May, Worthington Steel maintains the Downside Deviation of 3.21, mean deviation of 2.48, and Market Risk Adjusted Performance of 0.1136. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Worthington Steel, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Worthington Steel, which can be compared to its peers. Please check out Worthington Steel value at risk, as well as the relationship between the semi variance and kurtosis to decide if Worthington Steel is priced fairly, providing market reflects its latest price of 33.34 per share. Given that Worthington Steel has jensen alpha of 0.0732, we strongly advise you to confirm Worthington Steel's prevalent market performance to make sure the company can sustain itself at a future point.

Worthington Steel Price Movement Analysis

Worthington Steel Insider Trading Activities

Worthington Steel Predictive Daily Indicators

Worthington Steel Forecast Models

Worthington Steel's time-series forecasting models are one of many Worthington Steel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Worthington Steel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Worthington Steel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Worthington shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Worthington Steel. By using and applying Worthington Stock analysis, traders can create a robust methodology for identifying Worthington entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Worthington analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Worthington analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Worthington Steel stock analysis indicators help investors evaluate how Worthington Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Worthington Steel shares will generate the highest return on investment. By understating and applying Worthington Steel stock analysis, traders can identify Worthington Steel position entry and exit signals to maximize returns.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worthington Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

When running Worthington Steel's price analysis, check to measure Worthington Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.

Is Worthington Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Worthington Steel. If investors know Worthington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Worthington Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Worthington Steel is measured differently than its book value, which is the value of Worthington that is recorded on the company's balance sheet. Investors also form their own opinion of Worthington Steel's value that differs from its market value or its book value, called intrinsic value, which is Worthington Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Worthington Steel's market value can be influenced by many factors that don't directly affect Worthington Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Worthington Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worthington Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worthington Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.