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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 automotive, construction, machinery and equipment, heavy truck, agriculture, and energy sectors. The company was incorporated in 2023 and is headquartered in Columbus, Ohio.
Steel Giant Soars | Worthington Steel's FY24 performance exceeds expectations, with improved profit metrics and operational efficiency driving analyst optimism |
M&A on the Horizon | Explore Worthington's growth strategy, including potential accretive mergers and acquisitions, aiming to expand market share and enhance shareholder value |
Industry Tailwinds | Delve into the improved near-term value-added spreads benefiting Worthington, signaling a favorable pricing environment and potential for higher profit margins |
Bullish Outlook | Analysts project a long-term stock price range of $40-$50, with KeyBanc Capital Markets maintaining an Overweight rating and $40 price target |
Metrics to compare | WS | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipWSPeersSector | |
---|---|---|---|---|
P/E Ratio | 14.5x | −2.8x | 0.5x | |
PEG Ratio | −0.49 | 0.00 | 0.00 | |
Price/Book | 1.5x | 0.6x | 1.6x | |
Price / LTM Sales | 0.5x | 0.3x | 1.3x | |
Upside (Analyst Target) | 7.5% | 8.6% | 18.8% | |
Fair Value Upside | Unlock | 5.5% | 0.5% | Unlock |