Worthington Steel Inc (NYSE: WS) Now $21.30 Higher From Its Low (2.94), Does It Still Have A Growth Story?

Worthington Steel Inc (NYSE:WS) currently has a daily average trading volume of 311.90K but it saw 178868 shares traded in last market. With a market cap of 1.23B USD, the company’s current market price of $24.24 came rising about 0.71 while comparing to the previous closing price of $24.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.19 and as low as $21.30. In the recent trading on the day, stock has struck highest price mark of $23.61 while lowest mark touched by it was $24.31.

Taking a look at 20-day trading activity of Worthington Steel Inc (WS) gives us an average price of $24.74, while its current price level is -48.63% below from 52-week high level whereas it is 13.80% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $26.31 while that of 200 days or SMA-200 reads an average of $33.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.84% during that period while stretching the period over a month that increases to 6.05%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.86 which implies that the stock is in neutral territory.

Over the week, WS’s stock price is moving 2.89% up while it is -9.82% when we observe its performance for the past one month. Year-to-date it is -23.82% down and over the past year, the stock is showing a downside performance of -26.25%.

The company is expected to be releasing its next quarterly report on 2025-Mar-18, for which analysts forecasted an EPS of 0.84 while estimate for next year EPS is 1.94. In next quarter, company is expected to be making quarterly sales of $725M as analysts are expecting the sales for current fiscal year at $3.06B and seeing the company making $3.06B in sales next year. Moreover, analysts are in estimates of $800.45M for current-quarter revenue.

Currently, Worthington Steel Inc’s total number of outstanding shares is 49.54M with 36.06% of that held by the insiders while 50.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.98% and return on equity (ROE) at 11.10%. It has a price to earnings ratio (P/E ratio) of 11.07 while having a 9.16 of forward P/E ratio. Stock’s beta reads 1.69. Stock has a price to book (P/B) ratio of 1.19 while price to sale or P/S ratio amounts to 0.39. Its return on asset (ROA) is 5.93% on average.