Analysts See $0.87 EPS for Worthington Industries, Inc. (WOR)

September 17, 2017 - By Marguerite Chambers

 Analysts See $0.87 EPS for Worthington Industries, Inc. (WOR)
Investors sentiment increased to 1.42 in 2016 Q4. Its up 0.22, from 1.2 in 2016Q3. It improved, as 22 investors sold Worthington Industries, Inc. shares while 77 reduced holdings. 47 funds opened positions while 94 raised stakes. 35.40 million shares or 10.68% more from 31.99 million shares in 2016Q3 were reported.
American Group holds 0.02% of its portfolio in Worthington Industries, Inc. (NYSE:WOR) for 109,166 shares. First L P reported 0.01% of its portfolio in Worthington Industries, Inc. (NYSE:WOR). Capital One Association holds 0.27% of its portfolio in Worthington Industries, Inc. (NYSE:WOR) for 75,497 shares. Fifth Third Commercial Bank stated it has 0.01% in Worthington Industries, Inc. (NYSE:WOR). State Common Retirement Fund reported 63,685 shares. Weaver C Barksdale Associate accumulated 0.02% or 285 shares. Nomura Holdings holds 0% of its portfolio in Worthington Industries, Inc. (NYSE:WOR) for 11,572 shares. Bessemer Gru Incorporated owns 300 shares for 0% of their portfolio. Aperio Group Limited Liability owns 14,080 shares or 0.01% of their US portfolio. Dupont Capital invested in 0.1% or 91,458 shares. Globeflex Capital Lp holds 29,682 shares or 0.35% of its portfolio. The Connecticut-based Verition Fund Mgmt Ltd Liability Com has invested 0.04% in Worthington Industries, Inc. (NYSE:WOR). Macquarie Grp Incorporated stated it has 0.06% in Worthington Industries, Inc. (NYSE:WOR). 327 are owned by Us Savings Bank De. Strs Ohio invested in 24,200 shares or 0.01% of the stock.

Since May 4, 2017, it had 0 insider buys, and 1 insider sale for $85,182 activity. LYTTLE CATHERINE M sold 2,009 shares worth $85,182.

Analysts expect Worthington Industries, Inc. (NYSE:WOR) to report $0.87 EPS on September, 27 before the open.They anticipate $0.16 EPS change or 15.53 % from last quarter’s $1.03 EPS. WOR’s profit would be $54.82 million giving it 14.73 P/E if the $0.87 EPS is correct. After having $0.87 EPS previously, Worthington Industries, Inc.’s analysts see 0.00 % EPS growth. The stock increased 1.83% or $0.92 on September 15, reaching $51.26. About 801,630 shares traded or 154.11% up from the average. Worthington Industries, Inc. (NYSE:WOR) has risen 17.54% since September 17, 2016 and is uptrending. It has outperformed by 0.84% the S&P500.

Worthington Industries, Inc. (NYSE:WOR) Ratings Coverage

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries had 12 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Macquarie Research given on Tuesday, November 29. Jefferies maintained it with “Hold” rating and $47.0 target in Wednesday, September 6 report. The rating was upgraded by Jefferies to “Hold” on Tuesday, April 4. The rating was maintained by Jefferies with “Hold” on Thursday, June 29. The rating was downgraded by Zacks to “Hold” on Thursday, August 27. As per Tuesday, March 14, the company rating was upgraded by Macquarie Research. Jefferies maintained the shares of WOR in report on Thursday, September 29 with “Hold” rating. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) on Thursday, March 30 with “Sell” rating. The firm has “Neutral” rating by JP Morgan given on Thursday, March 24. The rating was downgraded by Jefferies on Monday, December 12 to “Underperform”.

Worthington Industries, Inc. is a metals manufacturing company, focused on value-added steel processing and manufactured metal products. The company has market cap of $3.23 billion. The Company’s divisions include Steel Processing, Pressure Cylinders, Engineered Cabs and Other. It has a 16.24 P/E ratio. The Steel Processing segment buys coils of steel from integrated steel mills and mini-mills, and also toll processes steel for steel mills, end users, service centers and other processors.

More notable recent Worthington Industries, Inc. (NYSE:WOR) news were published by: Seekingalpha.com which released: “Worthington Industries’ (WOR) CEO John McConnell on Q4 2017 Results – Earnings …” on June 29, 2017, also Seekingalpha.com with their article: “Worthington Industries – Amtrol Acquisition Is Set To Create Shareholder Value” published on June 07, 2017, Nasdaq.com published: “Is Worthington Industries (WOR) a Suitable Pick for Value Investors?” on August 25, 2017. More interesting news about Worthington Industries, Inc. (NYSE:WOR) were released by: Fool.com and their article: “Why Titan Machinery, Science Applications International, and Worthington …” published on March 30, 2017 as well as Nasdaq.com‘s news article titled: “Worthington Industries, Inc. (WOR) Ex-Dividend Date Scheduled for September 14 …” with publication date: September 13, 2017.

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