Worthington Story

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WOR -- USA Stock  

USD 56.10  0.12  0.21%

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?
Published over a month ago
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Should you continue to hold Worthington Industries (NYSE:WOR) based on the latest analyst consensus?
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.

How Worthington utilizes its cash?

To perform a cash flow analysis of Worthington Industries, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Worthington Industries is receiving and how much cash it distributes out in a given period. The Worthington Industries cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Worthington Industries Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Worthington Industries reported last year Net Cash Flow from Operations of 303.05 Million

Is Worthington a risky opportunity?

Let's check the volatility. Worthington is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Worthington (NYSE:WOR) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. buying a share of a Worthington Industries stock makes you a part-owner of that company.

Over 3 percent fall for Worthington Industries. What does it mean for retail investors?

Worthington Industries latest total risk alpha advances over 0.22. Worthington Industries currently demonstrates below-verage downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.32. However, we do advice investors to further question Worthington Industries expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Perspective on Worthington Industries

While few other entities in the metal fabrication industry are either recovering or due for a correction, Worthington Industries may not be performing as strong as the other in terms of long-term growth potentials. The bottom line, as of the 17th of December 2020, we believe that at this point, Worthington Industries is very steady with below average chance of financial distress within the next 2 years. From a slightly different point of view, the entity appears to be undervalued. Our concluding 30 days Buy-Hold-Sell recommendation on the enterprise is Strong Buy.

About Contributor

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.

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