New Analyst Coverage 3 Stocks in Focus for Higher Returns
| WOR Stock | USD 40.86 0.05 0.12% |
Slightly above 61% of Worthington Industries' investor base is looking to short. The current sentiment regarding investing in Worthington Industries stock implies that many traders are alarmed. Worthington Industries' investing sentiment overview a quick insight into current market opportunities from investing in Worthington Industries. Many technical investors use Worthington Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Worthington |
The recent surge in analyst coverage for stocks such as Dream Finders Homes , Worthington and ePlus indicates the potential for significant price appreciation in the near term.
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Worthington Industries Fundamental Analysis
We analyze Worthington Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Worthington Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Worthington Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Worthington Industries is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Worthington Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Worthington Industries stock to make a market-neutral strategy. Peer analysis of Worthington Industries could also be used in its relative valuation, which is a method of valuing Worthington Industries by comparing valuation metrics with similar companies.
Peers
Worthington Industries Related Equities
| MLI | Mueller Industries | 4.89 | ||||
| ATI | Allegheny Technologies | 0.71 | ||||
| MEC | Mayville Engineering | 0.41 | ||||
| NWPX | Northwest Pipe | 0.22 | ||||
| CRS | Carpenter Technology | 0.38 | ||||
| IIIN | Insteel Industries | 0.71 | ||||
| ESAB | ESAB Corp | 0.95 | ||||
| RYI | Ryerson Holding | 1.71 |
Additional Tools for Worthington Stock Analysis
When running Worthington Industries' price analysis, check to measure Worthington Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.