Worthington Steel, Inc. (WS)
Market Cap | 2.26B |
Revenue (ttm) | 3.36B |
Net Income (ttm) | 124.60M |
Shares Out | 50.78M |
EPS (ttm) | 2.48 |
PE Ratio | 17.89 |
Forward PE | 13.64 |
Dividend | $0.64 (1.44%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 74,433 |
Open | 46.04 |
Previous Close | 45.58 |
Day's Range | 44.17 - 46.20 |
52-Week Range | 21.46 - 47.19 |
Beta | n/a |
Analysts | Buy |
Price Target | 40.00 (-10.04%) |
Earnings Date | Dec 18, 2024 |
About WS
Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It serves various end-markets, including automotive, construction, machinery and equipment, heavy truck, agriculture, and energy. The company was incorporated in 2023 and is headquartered in Columbus, Ohio. [Read more]
Financial Performance
In 2024, Worthington Steel's revenue was $3.43 billion, a decrease of -4.91% compared to the previous year's $3.61 billion. Earnings were $154.70 million, an increase of 77.61%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for WS stock is "Buy." The 12-month stock price forecast is $40.0, which is a decrease of -10.04% from the latest price.
News
Worthington Steel to Acquire Controlling Equity Stake in Italy-Based Sitem Group
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will acquire an approximately 52% stake in Sitem Group with the option to increase ownership in the future.
Worthington Steel to Webcast Discussion of Second Quarter 2025 Results on December 19
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will host a conference call to discuss its fiscal second quarter results at 8:30 a.m. ET on Thursday, Dec. 19, 2024.
Worthington Steel Earns 2025 Military Friendly® Employer Designation
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY.
Worthington Steel Names President of Flat-Roll Steel Processing
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announced Cliff Larivey, sr. vice president of commercial & purchasing, has been named president of Flat-Roll Steel Processing.
Worthington Steel Releases 2024 Corporate Citizenship and Sustainability Report
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the release of its 2024 Corporate Citizenship and Sustainability Report.
Worthington Steel Announces Dividend Reinvestment Plan
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has implemented a Dividend Reinvestment Plan, which went into effect Sept. 13, 2024.
Worthington Steel, Inc. (WS) Q1 2025 Earnings Call Transcript
Worthington Steel, Inc. (NYSE:WS) Q1 2025 Earnings Conference Call September 26, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoffrey Gilmore - Presid...
Worthington Steel: Shares Fall Despite Exceeding Q1 Estimates
Worthington Steel shares dropped 6.5% despite exceeding financial forecasts due to weak industry conditions and cautious market sentiment. The company, recently split from Worthington Enterprises, has...
Worthington Steel Reports First Quarter Fiscal 2025 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Reports First Quarter Fiscal 2025 Results.
Worthington Steel Declares Quarterly Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share.
Worthington Steel to Webcast Discussion of First Quarter 2025 Results on September 26
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 25, 2024. T...
Worthington Steel, Inc. (WS) Q4 2024 Earnings Call Transcript
Worthington Steel, Inc. (NYSE:WS) Q4 2024 Earnings Call Transcript June 27, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoff Gilmore - President and ...
Worthington Steel Reports Fourth Quarter and Full Year Fiscal 2024 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added steel processing company, today reported financial results for the fiscal 2024 fourth quarter and ful...
Worthington Steel to Webcast Discussion of Fourth Quarter 2024 Results on June 27
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal fourth quarter after the market closes on Wednesday, June 26, 2024. T...
Worthington Steel Named a 2023 Supplier of the Year by General Motors
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today announced that it was named a GM Supplier of the Year winner in General Motors' 32nd annual Supplier of the Year awards. This ...
Worthington Steel Earns Recognition as a John Deere “Partner-level Supplier” for the 12th Consecutive Year
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today announced it has earned recognition as a Partner-level supplier for 2023 in the John Deere Achieving Excellence Program, marki...
This Analyst With 86% Accuracy Rate Sees More Than 62% Upside In Riot Platforms - Here Are 5 Stock Picks For March From Wall Street's Most Accurate Analysts
U.S. stocks closed mixed on Thursday, but recorded gains last month. For March, the S&P 500 gained 3.1%, while the Dow added 2.1%.
Worthington Steel, Inc. (WS) Q3 2024 Earnings Call Transcript
Worthington Steel, Inc. (WS) Q3 2024 Earnings Call Transcript
Worthington Steel Reports Third Quarter Fiscal 2024 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2024 third quarter ended February 29, 2024. The Company reported net sales of $805.8...
Worthington Steel Joint Venture, TWB Company, Signs Licensing Agreement with ArcelorMittal Tailored Blanks for Patented Ablation Technology
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that its tailor welded blanking joint venture, TWB Company, LLC (TWB), has signed a licensing agreement with Arcelor...
Worthington Steel to Webcast Discussion of Third Quarter 2024 Results on March 22
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal third quarter after the market closes on Thursday, March 21, 2024. Th...
Worthington Steel Reports Second Quarter Fiscal 2024 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2024 second quarter ended November 30, 2023.
Worthington Steel to Webcast Discussion of Second Quarter 2024 Results on December 22
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announces earnings webcast date.