Worthington Industries (WOR) Scheduled to Post Earnings on Wednesday

Worthington Industries (NYSE:WOR) is set to release its earnings data after the market closes on Wednesday, June 26th. Analysts expect Worthington Industries to post earnings of $0.77 per share for the quarter.

Shares of NYSE:WOR opened at $38.21 on Monday. Worthington Industries has a 1-year low of $31.42 and a 1-year high of $48.57. The company has a market cap of $2.19 billion, a PE ratio of 13.27 and a beta of 1.09. The company has a current ratio of 2.13, a quick ratio of 1.27 and a debt-to-equity ratio of 0.77.

Several brokerages have recently weighed in on WOR. Zacks Investment Research raised Worthington Industries from a “sell” rating to a “hold” rating in a report on Thursday, April 4th. TheStreet lowered Worthington Industries from a “b-” rating to a “c+” rating in a report on Monday, June 10th. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $44.67.

In related news, Director Sidney A. Ribeau sold 9,750 shares of the business’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $40.41, for a total value of $393,997.50. Following the sale, the director now owns 52,369 shares of the company’s stock, valued at approximately $2,116,231.29. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark C. Davis sold 14,985 shares of the business’s stock in a transaction on Thursday, April 25th. The shares were sold at an average price of $39.57, for a total value of $592,956.45. Following the completion of the sale, the director now directly owns 35,165 shares in the company, valued at approximately $1,391,479.05. The disclosure for this sale can be found here. 33.20% of the stock is currently owned by company insiders.

About Worthington Industries

Worthington Industries, Inc, a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Austria, Canada, Mexico, Poland, Portugal, and Turkey. The company operates through three segments: Steel Processing, Pressure Cylinders, and Engineered Cabs.

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Earnings History for Worthington Industries (NYSE:WOR)

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