On 11/6/24, Worthington Industries Inc. (NYSE: WOR) stock enjoyed a major increase of 10.5%, closing at $43.42. Moreover, this advance was accompanied by unusually high trading volume at 160% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 11.2% during the last week.
Current PriceTarget Research Rating
WOR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Worthington Industries has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Worthington Industries has a poor Appreciation Score of 21 and a very low Power Rating of 1, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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