Worthington Enterprises (NYSE:WOR – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, September 24th. Parties that wish to register for the company’s conference call can do so using this link.
Worthington Enterprises (NYSE:WOR – Get Free Report) last announced its earnings results on Wednesday, June 26th. The industrial products company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.14). Worthington Enterprises had a return on equity of 15.57% and a net margin of 3.79%. The business had revenue of $318.80 million for the quarter, compared to analysts’ expectations of $352.82 million. During the same quarter last year, the firm earned $2.74 earnings per share. The firm’s quarterly revenue was down 13.6% compared to the same quarter last year.
Worthington Enterprises Trading Down 1.4 %
Shares of Worthington Enterprises stock opened at $45.88 on Monday. The company has a current ratio of 3.78, a quick ratio of 2.86 and a debt-to-equity ratio of 0.33. The firm’s 50 day simple moving average is $45.97 and its two-hundred day simple moving average is $52.74. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 20.76 and a beta of 1.25. Worthington Enterprises has a 12-month low of $36.29 and a 12-month high of $69.96.
Worthington Enterprises Increases Dividend
Wall Street Analyst Weigh In
Several research firms have recently weighed in on WOR. Canaccord Genuity Group dropped their price objective on shares of Worthington Enterprises from $64.00 to $52.00 and set a “hold” rating for the company in a research note on Thursday, June 27th. The Goldman Sachs Group reduced their price target on Worthington Enterprises from $56.00 to $43.00 and set a “sell” rating on the stock in a report on Tuesday, July 2nd. Finally, StockNews.com downgraded Worthington Enterprises from a “hold” rating to a “sell” rating in a research report on Wednesday, June 26th. Two research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. According to data from MarketBeat.com, Worthington Enterprises presently has a consensus rating of “Hold” and an average target price of $50.33.
Read Our Latest Report on Worthington Enterprises
About Worthington Enterprises
Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.
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