Worthington Industries (WOR) Stock Forecast, Price Target & Predictions
WOR Stock Forecast
Worthington Industries stock forecast is as follows: an average price target of $46.00 (represents a 12.80% upside from WOR’s last price of $40.78) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
WOR Price Target
The average price target for Worthington Industries (WOR) is $46.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $46.00. This represents a potential 12.80% upside from WOR's last price of $40.78.
WOR Analyst Ratings
According to 3 Wall Street analysts, Worthington Industries's rating consensus is 'Hold'. The analyst rating breakdown for WOR stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (66.67%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Worthington Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 26, 2024 | Brian McNamara | Canaccord Genuity | $46.00 | $42.74 | 7.63% | 12.80% |
| Jun 27, 2024 | Brian McNamara | Canaccord Genuity | $52.00 | $47.54 | 9.38% | 27.51% |
| Mar 25, 2024 | Brian McNamara | Canaccord Genuity | $64.00 | $62.35 | 2.65% | 56.94% |
| Sep 30, 2022 | BMO Capital | $32.08 | $25.36 | 26.50% | -21.33% |
The latest Worthington Industries stock forecast, released on Sep 26, 2024 by Brian McNamara from Canaccord Genuity, set a price target of $46.00, which represents a 7.63% increase from the stock price at the time of the forecast ($42.74), and a 12.80% increase from WOR last price ($40.78).
Worthington Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $46.00 | $54.00 |
| Last Closing Price | $40.78 | $40.78 | $40.78 |
| Upside/Downside | -100.00% | 12.80% | 32.42% |
In the current month, the average price target of Worthington Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Worthington Industries's last price of $40.78. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Jun 27, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Mar 22, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Sep 30, 2022 | BMO Capital | Market Perform | Market Perform | Hold |
Worthington Industries's last stock rating was published by Canaccord Genuity on Oct 04, 2024. The company gave WOR a "Hold" rating, the same as its previous rate.
Worthington Industries Financial Forecast
Worthington Industries Revenue Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $1.19B | $1.23B | - | - | $1.41B | $1.52B | - | - | $1.11B | $978.32M | - | - | $702.91M | $611.63M | - | - | $855.86M | $938.84M | - |
| Avg Forecast | $302.30M | $304.70M | $287.30M | $268.98M | $300.59M | $297.88M | $273.77M | $296.05M | $352.82M | $326.70M | $666.15M | $1.23B | $1.37B | $1.01B | $1.21B | $1.32B | $1.24B | $1.21B | $1.19B | $1.08B | $1.04B | $872.50M | $688.30M | $594.40M | $669.70M | $775.50M | $786.60M | $884.95M | $986.47M | $927.27M |
| High Forecast | $314.60M | $317.09M | $298.99M | $279.92M | $312.82M | $310.00M | $277.80M | $298.16M | $352.82M | $339.99M | $693.24M | $1.28B | $1.42B | $1.05B | $1.45B | $1.36B | $1.28B | $1.25B | $1.22B | $1.11B | $1.07B | $897.13M | $707.73M | $611.18M | $688.61M | $797.40M | $808.81M | $909.94M | $1.01B | $953.45M |
| Low Forecast | $291.71M | $294.03M | $277.24M | $259.55M | $290.06M | $287.45M | $265.00M | $293.95M | $352.82M | $315.25M | $642.81M | $1.18B | $1.32B | $976.58M | $968.44M | $1.28B | $1.20B | $1.17B | $1.15B | $1.05B | $1.01B | $843.20M | $665.18M | $574.44M | $647.21M | $749.45M | $760.18M | $855.23M | $953.33M | $896.12M |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 1 | 14 | 16 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 9 | 13 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.90% | - | - | 1.06% | 1.22% | - | - | 1.03% | 0.94% | - | - | 1.18% | 0.91% | - | - | 0.97% | 0.95% | - |
Worthington Industries's average Quarter revenue forecast for Dec 23 based on 2 analysts is $666.15M, with a low forecast of $642.81M, and a high forecast of $693.24M. WOR's average Quarter revenue forecast represents a -44.17% decrease compared to the company's last Quarter revenue of $1.19B (Aug 23).
Worthington Industries EBITDA Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 1 | 14 | 16 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 9 | 13 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $168.86M | $217.72M | - | - | $120.55M | $145.02M | - | - | $202.42M | $170.64M | - | - | $810.25M | $52.59M | - | - | $28.70M | $80.37M | - |
| Avg Forecast | $28.66M | $28.89M | $27.24M | $25.50M | $28.50M | $28.24M | $25.96M | $28.07M | $33.45M | $157.26M | $63.16M | $116.19M | $129.51M | $142.96M | $121.93M | $197.71M | $185.47M | $129.96M | $177.09M | $161.89M | $155.55M | $92.61M | $102.86M | $88.83M | $100.08M | $53.24M | $117.55M | $132.25M | $147.42M | $76.67M |
| High Forecast | $29.83M | $30.06M | $28.35M | $26.54M | $29.66M | $29.39M | $26.34M | $28.27M | $33.45M | $188.71M | $65.73M | $120.92M | $134.78M | $171.55M | $146.32M | $203.29M | $190.71M | $155.96M | $182.09M | $166.46M | $159.95M | $111.13M | $105.77M | $91.34M | $102.91M | $63.89M | $120.87M | $135.98M | $151.58M | $92.01M |
| Low Forecast | $27.66M | $27.88M | $26.28M | $24.61M | $27.50M | $27.25M | $25.12M | $27.87M | $33.45M | $125.80M | $60.95M | $112.12M | $124.97M | $114.37M | $97.55M | $191.07M | $179.24M | $103.97M | $171.14M | $156.45M | $150.33M | $74.09M | $99.41M | $85.85M | $96.72M | $42.59M | $113.60M | $127.81M | $142.47M | $61.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.45% | 1.68% | - | - | 0.61% | 0.78% | - | - | 1.25% | 1.10% | - | - | 9.12% | 0.53% | - | - | 0.22% | 0.55% | - |
2 analysts predict WOR's average Quarter EBITDA for Dec 23 to be $63.16M, with a high of $65.73M and a low of $60.95M. This is -62.60% lower than Worthington Industries's previous annual EBITDA (Aug 23) of $168.86M.
Worthington Industries Net Income Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 1 | 14 | 16 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 9 | 13 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $96.11M | $129.90M | - | - | $64.08M | $80.25M | - | - | $132.49M | $113.56M | - | - | $616.67M | $16.18M | - | - | $-4.78M | $37.74M | - |
| Avg Forecast | $36.94M | $35.35M | $28.85M | $26.48M | $35.17M | $33.31M | $26.21M | $35.76M | $44.32M | $80.12M | $22.04M | $63.23M | $58.99M | $72.83M | $79.15M | $50.69M | $25.77M | $66.21M | $57.75M | $59.15M | $54.33M | $61.66M | $21.58M | $13.66M | $7.92M | $16.21M | $17.90M | $22.20M | $24.01M | $30.12M |
| High Forecast | $38.89M | $37.22M | $30.38M | $27.88M | $37.03M | $39.87M | $28.23M | $36.26M | $46.66M | $96.14M | $23.21M | $66.57M | $59.52M | $87.40M | $94.98M | $52.55M | $26.72M | $79.45M | $59.87M | $60.93M | $56.04M | $73.99M | $22.37M | $14.16M | $8.21M | $19.45M | $18.56M | $23.01M | $24.89M | $36.14M |
| Low Forecast | $35.26M | $33.74M | $27.54M | $25.27M | $33.57M | $28.27M | $24.70M | $35.26M | $42.30M | $64.09M | $21.04M | $59.90M | $58.46M | $58.27M | $63.32M | $48.47M | $24.64M | $52.97M | $55.23M | $57.36M | $52.63M | $49.33M | $20.64M | $13.06M | $7.57M | $12.97M | $17.12M | $21.23M | $22.96M | $24.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.52% | 2.20% | - | - | 1.26% | 3.11% | - | - | 2.24% | 2.09% | - | - | 45.14% | 2.04% | - | - | -0.22% | 1.57% | - |
Worthington Industries's average Quarter net income forecast for Dec 23 is $22.04M, with a range of $21.04M to $23.21M. WOR's average Quarter net income forecast represents a -77.06% decrease compared to the company's last Quarter net income of $96.11M (Aug 23).
Worthington Industries SG&A Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 1 | 14 | 16 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 9 | 13 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $112.35M | $111.55M | - | - | $103.45M | $104.64M | - | - | $95.85M | $99.92M | - | - | $82.20M | $67.82M | - | - | $90.82M | $87.86M | - |
| Avg Forecast | $36.82M | $37.11M | $34.99M | $32.76M | $36.61M | $36.28M | $33.35M | $36.06M | $42.97M | $146.38M | $81.14M | $149.26M | $166.38M | $133.08M | $68.98M | $161.14M | $151.16M | $120.98M | $144.33M | $131.94M | $126.78M | $79.25M | $83.83M | $72.40M | $81.57M | $85.69M | $95.81M | $107.79M | $120.15M | $84.62M |
| High Forecast | $38.32M | $38.62M | $36.42M | $34.09M | $38.10M | $37.76M | $33.83M | $36.32M | $42.97M | $175.66M | $84.44M | $155.33M | $173.14M | $159.69M | $82.77M | $165.69M | $155.43M | $145.17M | $148.41M | $135.67M | $130.36M | $95.10M | $86.20M | $74.44M | $83.87M | $102.83M | $98.51M | $110.83M | $123.54M | $101.55M |
| Low Forecast | $35.53M | $35.81M | $33.77M | $31.61M | $35.33M | $35.01M | $32.28M | $35.80M | $42.97M | $117.11M | $78.29M | $144.03M | $160.55M | $106.46M | $55.18M | $155.73M | $146.09M | $96.78M | $139.48M | $127.51M | $122.52M | $63.40M | $81.02M | $69.97M | $78.83M | $68.55M | $92.59M | $104.17M | $116.11M | $67.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.67% | - | - | 0.64% | 0.69% | - | - | 0.73% | 0.79% | - | - | 1.14% | 0.83% | - | - | 0.84% | 0.73% | - |
Worthington Industries's average Quarter SG&A projection for Dec 23 is $81.14M, based on 2 Wall Street analysts, with a range of $78.29M to $84.44M. The forecast indicates a -27.78% fall compared to WOR last annual SG&A of $112.35M (Aug 23).
Worthington Industries EPS Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 1 | 14 | 16 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 9 | 13 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.97 | $2.67 | - | - | $1.32 | $1.65 | - | - | $2.61 | $2.20 | - | - | $11.41 | $0.30 | - | - | $-0.09 | $0.68 | - |
| Avg Forecast | $0.73 | $0.70 | $0.57 | $0.53 | $0.70 | $0.66 | $0.52 | $0.71 | $0.88 | $0.69 | $0.44 | $1.26 | $1.17 | $0.48 | $1.95 | $1.01 | $0.51 | $0.74 | $1.15 | $1.17 | $1.08 | $0.77 | $0.43 | $0.27 | $0.16 | $0.42 | $0.36 | $0.44 | $0.48 | $0.34 |
| High Forecast | $0.77 | $0.74 | $0.60 | $0.55 | $0.74 | $0.79 | $0.56 | $0.72 | $0.93 | $0.73 | $0.46 | $1.32 | $1.18 | $0.51 | $2.06 | $1.04 | $0.53 | $0.76 | $1.19 | $1.21 | $1.11 | $0.80 | $0.44 | $0.28 | $0.16 | $0.43 | $0.37 | $0.46 | $0.49 | $0.36 |
| Low Forecast | $0.70 | $0.67 | $0.55 | $0.50 | $0.67 | $0.56 | $0.49 | $0.70 | $0.84 | $0.66 | $0.42 | $1.19 | $1.16 | $0.46 | $1.86 | $0.96 | $0.49 | $0.70 | $1.10 | $1.14 | $1.05 | $0.74 | $0.41 | $0.26 | $0.15 | $0.40 | $0.34 | $0.42 | $0.46 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 2.28% | - | - | 1.31% | 3.22% | - | - | 2.22% | 2.04% | - | - | 42.07% | 1.91% | - | - | -0.20% | 1.43% | - |
According to 2 Wall Street analysts, Worthington Industries's projected average Quarter EPS for Dec 23 is $0.44, with a low estimate of $0.42 and a high estimate of $0.46. This represents a -77.78% decrease compared to WOR previous annual EPS of $1.97 (Aug 23).
Worthington Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RYI | Ryerson | $21.66 | $36.50 | 68.51% | Hold |
| MEC | Mayville Engineering Company | $16.68 | $24.00 | 43.88% | Buy |
| ATI | ATI | $55.25 | $77.00 | 39.37% | Buy |
| WOR | Worthington Industries | $38.20 | $46.00 | 20.42% | Hold |
| NWPX | Northwest Pipe Company | $52.15 | $50.00 | -4.12% | |
| ESAB | ESAB | $129.51 | $117.50 | -9.27% | Buy |
| CRS | Carpenter | $172.56 | $144.00 | -16.55% | Buy |