Worthington Steel, Inc. (WS)

Worthington Steel Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Worthington Steel stock has a target of 40, which predicts an increase of 40.89% from the current stock price of 28.39.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$40	$40	$40
Change	+40.89%	+40.89%	+40.89%	+40.89%

* Price targets were last updated on Apr 3, 2024.

Analyst Ratings

The average analyst rating for Worthington Steel stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	0	0
Buy	1	1	1	1
Hold	0	0	1	1
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	1	1	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Philip Gibbs Keybanc	Keybanc	Buy Maintains $39 → $40	Buy	Maintains	$39 → $40	+40.89%	Apr 3, 2024
Philip Gibbs Keybanc	Keybanc	Buy Maintains $31 → $39	Buy	Maintains	$31 → $39	+37.37%	Mar 26, 2024
Martin Englert Seaport Global	Seaport Global	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Mar 11, 2024
Philip Gibbs Keybanc	Keybanc	Buy Initiates $29	Buy	Initiates	$29	+2.15%	Dec 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

3.22B

Decreased by -6.14%

from 3.43B

Revenue Next Year

3.23B

Increased by 0.28%

from 3.22B

EPS This Year

2.32

Decreased by -25.32%

from 3.11

EPS Next Year

3.50

Increased by 50.55%

from 2.32

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027	May 31, 2028
Revenue	2.13B	4.07B	3.61B	3.43B	3.22B	3.23B	3.35B	3.35B
Revenue Growth	-	91.26%	-11.33%	-4.91%	-6.14%	0.28%	3.65%	0.15%
EPS	-	3.66	1.77	3.11	2.32	3.50	3.72	3.73
EPS Growth	-	-	-51.72%	76.03%	-25.32%	50.55%	6.48%	0.14%
Forward PE	-	-	-	-	12.22	8.12	7.62	7.61
No. Analysts	-	-	-	-	5	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	3.3B	3.4B	3.5B
Avg	3.2B	3.2B	3.3B
Low	3.0B	3.0B	3.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	-3.0%	6.2%	8.3%
Avg	-6.1%	0.3%	3.7%
Low	-12.0%	-8.3%	-3.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.48	3.84	3.83
Avg	2.32	3.50	3.72
Low	2.11	3.07	3.51

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-20.3%	65.5%	9.6%
Avg	-25.3%	50.6%	6.5%
Low	-32.3%	32.1%	0.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.