Worthington Enterprises
About: Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.
Employees: 5,800
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $1.09M
7% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 71
0.12% more ownership
Funds ownership: 49.84% [Q3] → 49.97% (+0.12%) [Q4]
3% less capital invested
Capital invested by funds: $1.04B [Q3] → $1.01B (-$28.1M) [Q4]
6% less funds holding
Funds holding: 248 [Q3] → 234 (-14) [Q4]
20% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 41
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
16%
upside
Avg. target
$52
23%
upside
High target
$55
30%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Seaport Global Martin Englert 60% 1-year accuracy 3 / 5 met price target | 30%upside $55 | Buy Initiated | 30 Jan 2025 |
Canaccord Genuity Brian McNamara 46% 1-year accuracy 22 / 48 met price target | 16%upside $49 | Hold Maintained | 19 Dec 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
Worthington Enterprises Supports PHMSA Cylinder Safety Advisory Seeking to Keep Americans Safe from Fraudulent Imports
PHMSA advisory regarding unsafe cylinders manufactured primarily by non-U.S. companies. Cylinders are used for various critical infrastructure purposes.
Negative
Seeking Alpha
2 months ago
Worthington Enterprises: Earnings Growth Likely To Stay Under Pressure
Despite an earnings beat, I maintain a hold rating on Worthington Enterprises due to macroeconomic headwinds and deflating steel prices impacting near-term growth. 2Q25 results showed a revenue decline of 8% y/y, with CP segment down 2% and BP segment up 4%; adj. EPS beat consensus. Elevated interest rates and poor consumer spending outlook are expected to negatively impact both CP and BP segments, leading to lower volumes and margin compression.
Positive
Seeking Alpha
2 months ago
Worthington Enterprises Stock Jumps After Earnings - The Bullish Trend Remains Intact
Worthington Enterprises has a $2.12 billion market cap and pays a $0.68 annual dividend, yielding 1.65%. Despite a 45.9% correction from its March 2024 peak, WOR's long-term bullish trend remains intact, supported by higher lows and highs. Worthington's recent earnings beat consensus forecasts, causing a 21.4% stock jump, and upcoming U.S. manufacturing support could further benefit the company.
Neutral
Seeking Alpha
2 months ago
Worthington Enterprises, Inc. (WOR) Q2 2025 Earnings Call Transcript
Worthington Enterprises, Inc. (NYSE:WOR ) Q2 2025 Earnings Conference Call December 18, 2024 8:30 AM ET Company Participants Marcus Rogier - Treasurer & IR Officer Joe Hayek - President & CEO Colin Souza - VP & CFO Conference Call Participants Kathryn Thompson - Thompson Research Group Daniel Moore - CJS Securities Susan Maklari - Goldman Sachs Brian McNamara - Canaccord Genuity Operator Good morning and welcome to the Worthington Enterprises Second Quarter Fiscal 2025 Earnings Conference Call. All participants will be able to listen-only until the question-and-answer session of the call.
Neutral
GlobeNewsWire
2 months ago
Worthington Enterprises Reports Second Quarter Fiscal 2025 Results
COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR), a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets, today reported results for its fiscal 2025 second quarter ended November 30, 2024. Second Quarter Highlights (all comparisons to the second quarter of fiscal 2024): Net sales of $274.0 million, decreased 8% driven by the deconsolidation of the former Sustainable Energy Solutions segment (“SES”) Adjusted EPS of $0.60 from continuing operations (diluted), up 5% and adjusted EBITDA of $56.2 million, up 2%, despite lower net sales Repurchased 200,000 shares of common stock for $8.1 million leaving 5,715,000 shares remaining on the Company's share repurchase authorization Declared a quarterly dividend of $0.17 per share payable on March 28, 2025, to shareholders of record at the close of business on March 14, 2025 Financial highlights, on a continuing operations basis, for the current year and prior year quarters are as follows: (U.S. dollars in millions, except per share amounts) 2Q 2025 2Q 2024 Net sales $ 274.0 $ 298.2 Operating income (loss) 3.5 (14.4 ) Earnings before income taxes 37.1 24.5 Net earnings from continuing operations 28.3 17.9 Earnings per share (“EPS”) from continuing operations - diluted 0.56 0.36 Additional Non-GAAP Financial Measures (1) Adjusted operating income $ 6.1 $ 2.4 Adjusted EBITDA from continuing operations 56.2 55.0 Adjusted EPS from continuing operations - diluted 0.60 0.57 ____________________ (1) Refer to the “Use of Non-GAAP Financial Measures and Definitions” for additional information regarding our use of non-GAAP measures, including reconciliation to the most comparable GAAP measures.
Neutral
GlobeNewsWire
2 months ago
Worthington Enterprises Declares Quarterly Dividend
COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.17 per share. The dividend is payable on March 28, 2025, to shareholders of record on March 14, 2025.
Neutral
GlobeNewsWire
3 months ago
Worthington Enterprises Schedules Second Quarter 2025 Earnings Call for December 18
COLUMBUS, Ohio, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) will hold its quarterly earnings conference call Wednesday, December 18 at 8:30 a.m. ET. The Company will discuss its fiscal second quarter results, which will be released after the market closes on December 17.
Neutral
GlobeNewsWire
4 months ago
Worthington Enterprises Names Joseph Hayek Chief Executive Officer; Effective Nov. 1
COLUMBUS, OHIO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today announced Joseph Hayek as the Company's next president and chief executive officer (CEO) effective Nov. 1, 2024. Hayek, who currently is the Company's executive vice president, chief financial and operations officer, will replace Andy Rose who is retiring.
Negative
Seeking Alpha
4 months ago
Worthington Enterprises: Earnings Growth To Be Pressured In The Near-Term
I recommend a hold rating for Worthington Enterprises (WOR) due to ongoing macro headwinds and segment-specific challenges impacting financial performance. The Building Products segment faces macro challenges like high interest rates and steel price volatility, and micro issues like heavy price competition. The Consumer Products segment is negatively impacted by poor discretionary spending and weak demand, as indicated by industry peers.
Neutral
Seeking Alpha
4 months ago
Worthington Enterprises, Inc. (WOR) Q1 2025 Earnings Call Transcript
Worthington Enterprises, Inc. (NYSE:WOR ) Q1 2025 Earnings Call Transcript September 25, 2024 8:30 AM ET Company Participants Marcus Rogier - Treasurer & IR Officer Andy Rose - President and CEo Joe Hayek - CFO and COO Conference Call Participants Kathryn Thompson - Thompson Research Group Susan Maklari - Goldman Sachs Brian McNamara - Canaccord Genuity John Tumazos - John Tumazos Very Independent Research Operator Good afternoon and welcome to the Worthington Enterprises First Quarter Fiscal 2025 Earnings Conference Call. All participants will be able to listen only until the question-and-answer session of the call.
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