Worthington Steel
About: Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
Employees: 4,600
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
381% more call options, than puts
Call options by funds: $582K | Put options by funds: $121K
25% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 59
2.4% more ownership
Funds ownership: 45.94% [Q3] → 48.34% (+2.4%) [Q4]
1% less capital invested
Capital invested by funds: $787M [Q3] → $782M (-$5.77M) [Q4]
5% less funds holding
Funds holding: 216 [Q3] → 205 (-11) [Q4]
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keybanc Philip Gibbs 22% 1-year accuracy 4 / 18 met price target | 44%upside $34 | Overweight Maintained | 7 Mar 2025 |
Financial journalist opinion
Based on 4 articles about WS published over the past 30 days
