What is Seaport Res Ptn’s Estimate for WOR FY2025 Earnings?

Worthington Enterprises, Inc. (NYSE:WOR) – Research analysts at Seaport Res Ptn issued their FY2025 EPS estimates for Worthington Enterprises in a research note issued on Wednesday, January 29th. Seaport Res Ptn analyst W. Liptak anticipates that the industrial products company will post earnings per share of $2.67 for the year. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Worthington Enterprises’ current full-year earnings is $2.67 per share.

Worthington Enterprises (NYSE:WOR) last posted its quarterly earnings data on Tuesday, December 17th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.08. Worthington Enterprises had a net margin of 3.66% and a return on equity of 14.70%. The business had revenue of $274.05 million during the quarter, compared to analysts’ expectations of $273.77 million. During the same period last year, the firm posted $0.78 earnings per share. The business’s revenue was down 8.1% on a year-over-year basis.

Separately, Canaccord Genuity Group lifted their target price on Worthington Enterprises from $46.00 to $49.00 and gave the stock a “hold” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Worthington Enterprises currently has an average rating of “Hold” and an average target price of $46.00.

Worthington Enterprises Price Performance

NYSE:WOR opened at $42.08 on Monday. The company has a quick ratio of 2.50, a current ratio of 3.56 and a debt-to-equity ratio of 0.32. The business’s 50-day moving average price is $40.91 and its 200 day moving average price is $42.32. Worthington Enterprises has a 52-week low of $37.88 and a 52-week high of $69.96. The firm has a market cap of $2.11 billion, a P/E ratio of 50.69 and a beta of 1.24.

Institutional Investors Weigh In On Worthington Enterprises

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. KBC Group NV raised its position in shares of Worthington Enterprises by 45.1% during the third quarter. KBC Group NV now owns 1,136 shares of the industrial products company’s stock valued at $47,000 after buying an additional 353 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of Worthington Enterprises in the 3rd quarter valued at approximately $83,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Worthington Enterprises in the 3rd quarter valued at $85,000. Point72 DIFC Ltd acquired a new stake in shares of Worthington Enterprises in the 3rd quarter valued at $110,000. Finally, Eastern Bank acquired a new stake in shares of Worthington Enterprises in the 3rd quarter valued at $121,000. 51.59% of the stock is currently owned by institutional investors and hedge funds.

Worthington Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.62%. Worthington Enterprises’s dividend payout ratio (DPR) is currently 81.93%.

About Worthington Enterprises

Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.