Should you continue to hold Worthington Industries (NYSE:WOR) based on the latest analyst consensus?
By Raphi Shpitalnik | Macroaxis Story |
Worthington Industries is scheduled to announce its earnings today. The next earnings report is expected on the 25th of March 2021. As many baby boomers are still indifferent towards industrials space, it makes sense to break down Worthington as a potential position. What exactly are Worthington Industries shareholders getting in January?
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Reviewed by Rifka Kats
Worthington Industries is UNDERVALUED at 57.13 per share with modest projections ahead. Our trade advice tool can be used to complement Worthington Industries recommendation provided by experts. It analyzes the company's potential to grow against your specific risk preferences and investment horizon. What is the right price you would pay to acquire a share of Worthington Industries? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.
What is happening with Worthington Industries this year
Annual and quarterly reports issued by Worthington Industries are formal financial statements that are published yearly and quarterly and sent to Worthington stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Worthington Industries often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Worthington Industries Gross Profit
Worthington Industries Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Worthington Industries previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Worthington Industries Gross Profit growth over the last 10 years. Please check Worthington Industries' gross profit and other fundamental indicators for more details.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Worthington Industries. Please refer to our Terms of Use for any information regarding our disclosure principles.