Jun. 20 at 11:33 PM
Heads up alert! upcoming earnings next week for
$WS
Bearish (2.5)
In the latest analysis of Worthington Steel (NYSE: WS), the company exhibits mixed financial performance, which has contributed to a negative sentiment surrounding its stock.
The P/E ratio currently stands at 15.2, slightly above the industry average of 14.5, suggesting that the stock might be overvalued relative to its peers.
Earnings per share (EPS) growth has been stagnant at 1.5%, while revenue forecasts indicate a modest growth rate of 3% for the upcoming fiscal year, which is below the industry expected average of 5.5%.
Furthermore, comparisons to industry peers reveal that major competitors are outperforming WS in key metrics, which has raised concerns among investors regarding its competitive positioning.
The recent acquisition of a controlling stake in Sitem Group, while strategic, has not yet demonstrated clear synergies or benefits to justify the investment, further dampening investor confidence.
Looking ahead, Worthington Steel is preparing for its upcoming earnings report scheduled for June 26, 2025.
Analysts are projecting a slight decline in earnings due to ongoing challenges in the market, with estimates suggesting EPS of
$0.50, down from
$0.52 in the previous quarter.
Historical performance has shown volatility, with the stock often reacting negatively to earnings misses, which could lead to heightened scrutiny from investors.
The consensus among analysts remains cautious, reflecting concerns about the company's ability to navigate current market conditions.
In terms of sector performance, the steel industry has experienced a downturn driven by fluctuating raw material costs and reduced demand in key markets.
The overall sector has seen a decline of approximately 10% year-to-date, which has impacted companies like Worthington Steel that rely heavily on stable pricing and demand for their products.
This broader environmental context adds to the challenges facing WS, making a recovery seem uncertain in the near term.
- Funds were net buyers of
$WS during the previous reporting quarter.
- Top 3 funds with large holdings in
$WS:
- Mangrove Partners, MV:
$24MM. Fund Rank: 88%
www.mangrovepartners.com
- Meros Investment Management, MV:
$2MM. New position. Fund Rank: 62%
www.merosinv.com
- GW&K Investment Management LLC, MV:
$2MM. Fund Rank: 79%
- Last 10 days performance: -6%
- Last 30 days performance: -6%
- Last 90 days performance: -6%
Some of the latest news articles:
- Title: Worthington Steel to Webcast Discussion of Fourth Quarter 2025 Results on June 26
Publication Date: 6/11/2025 12:34:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/worthington-steel-webcast-discussion-fourth-123400422.html?.tsrc=rss
- Title: Worthington Steel Completes Acquisition of Controlling Equity Stake in Italy-Based Sitem Group
Publication Date: 6/3/2025 12:15:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/worthington-steel-completes-acquisition-controlling-121500702.html?.tsrc=rss
- Title: Are Worthington Steel, Inc.'s (NYSE:WS) Mixed Financials Driving The Negative Sentiment?
Publication Date: 5/31/2025 12:49:05 PM, Source: yahoo
URL: https://finance.yahoo.com/news/worthington-steel-inc-nyse-ws-124905803.html?.tsrc=rss
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