Worthington Steel, Inc. (WS)
NYSE:WS
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WS Stock Chart & Stats
$30.35
-$0.71(-2.31%)
At close: 4:00 PM EST
$30.35
-$0.71(-2.31%)
Day’s Range― - ―
52-Week Range$24.23 - $49.17
Previous CloseN/A
Volume28.81K
Average Volume (3M)225.74K
Market Cap
$2.07B
Enterprise Value$2.25B
Total Cash (Recent Filing)$90.00M
Total Debt (Recent Filing)$352.60M
Price to Earnings (P/E)16.7
Beta1.78
Next Earnings
Jun 24, 2026EPS Estimate
0.73Next Dividend Ex-DateN/A
Dividend Yield1.78%
Share Statistics
EPS (TTM)2.46
Shares Outstanding50,806,340
10 Day Avg. Volume244,276
30 Day Avg. Volume225,739
Financial Highlights & Ratios
PEG Ratio-0.39
Price to Book (P/B)1.15
Price to Sales (P/S)0.40
P/FCF Ratio12.34
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit5.48
Enterprise Value/Ebitda8.80
Forecast
1Y Price Target
$46.00Price Target Upside51.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)2.45
Revenue Forecast (FY)$3.60B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationSustained positive TTM operating cash flow and a marked free cash flow improvement provide durable internal funding for capex, dividends and strategic M&A. Reliable cash generation increases optionality, reduces reliance on short-term markets and supports continued investment in higher-margin processing.
Higher‑margin Direct Sales MixA structural shift toward direct sales increases exposure to higher-margin, customer‑facing contracts and reduces dependence on lower-margin toll processing. Sustained mix improvement typically supports better margin resilience across cycles and enables stronger pricing and customer relationships over multiple quarters.
Strategic European AcquisitionAcquiring a leading European service center expands scale, product breadth and cross‑regional customer access. If integrated well, the deal can diversify end‑market exposure, provide operational synergies and create a more resilient revenue base across North America and Europe over the medium term.
Bears Say
Acquisition‑related Secured LeverageLarge secured financings materially increase fixed obligations and collateralized liens, reducing financial flexibility. Higher secured leverage raises refinancing and covenant risk during industry downturns and leaves less cushion for cyclical working‑capital swings, making execution on integration critical.
Balance‑sheet Data UncertaintyInconsistent reported equity impairs visibility into true capital adequacy and leverage metrics, complicating lender and investor assessments. Structural uncertainty in balance‑sheet reporting elevates perceived credit and governance risk and can constrain strategic initiatives until clarity is restored.
Cyclical Demand & Regional WeaknessMeaningful volume declines and pronounced toll‑processing weakness reflect durable cyclicality and competitive pressure in Europe. Prolonged end‑market softness or structural overcapacity would depress utilization and margins, limiting the durability of recent margin gains and stressing cash flow under higher leverage.
Worthington Steel, Inc. News
WS FAQ
What was Worthington Steel, Inc.’s price range in the past 12 months?
Worthington Steel, Inc. lowest stock price was $24.23 and its highest was $49.17 in the past 12 months.
What is Worthington Steel, Inc.’s market cap?
Worthington Steel, Inc.’s market cap is $2.07B.
When is Worthington Steel, Inc.’s upcoming earnings report date?
Worthington Steel, Inc.’s upcoming earnings report date is Jun 24, 2026 which is in 5 days.
How were Worthington Steel, Inc.’s earnings last quarter?
Worthington Steel, Inc. released its earnings results on Mar 25, 2026. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.462 by -$0.192.
Is Worthington Steel, Inc. overvalued?
According to Wall Street analysts Worthington Steel, Inc.’s price is currently Undervalued.
Does Worthington Steel, Inc. pay dividends?
Worthington Steel, Inc. pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 1.78%. See more information on Worthington Steel, Inc. dividends here
What is Worthington Steel, Inc.’s EPS estimate?
Worthington Steel, Inc.’s EPS estimate is 0.73.
How many shares outstanding does Worthington Steel, Inc. have?
Worthington Steel, Inc. has 50,806,340 shares outstanding.
What happened to Worthington Steel, Inc.’s price movement after its last earnings report?
Worthington Steel, Inc. reported an EPS of $0.27 in its last earnings report, missing expectations of $0.462. Following the earnings report the stock price went down -14.911%.
Which hedge fund is a major shareholder of Worthington Steel, Inc.?
Currently, no hedge funds are holding shares in WS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Worthington Steel, Inc. Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.00 (51.57% Upside)
$46.00 (51.57% Upside)
Blogger Sentiment
Bullish
WS Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 229.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.32%
12-Months-Change
Fundamentals
Return on Equity
10.97%
Trailing 12-Months
Asset Growth
28.66%
Trailing 12-Months
Company Description
Worthington Steel, Inc.
Worthington Steel, Inc. functions as a specialized steel processing enterprise serving the North American market. The company supplies a variety of steel products, notably flat-rolled carbon steel, custom-welded blanks (both steel and aluminum varieties), and laminated electrical steel components. These materials are crucial for numerous industries, including automotive manufacturing, heavy truck production, agriculture, construction, and energy. Worthington Steel, Inc. was established in 2023 and maintains its headquarters in Columbus, Ohio.
WS Company Deck
WS Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a balanced picture: tangible strategic progress (Kloeckner acquisition advancing, clear automotive share gains, meaningful transformation and free cash flow generation) and several operational positives (direct sales mix shift, electrical steel progress). Offsetting these were near-term operational and regional headwinds (7% shipment decline, 22% toll-processing drop, Europe/CEDIM underperformance), acquisition-related expenses, OEM timing delays, and working-capital pressure from volatile steel prices. Management’s tone was cautiously optimistic about market recovery in the back half of the year but pragmatic about current softness.View all WS earnings summariesWS Stock 12 Month Forecast
Average Price Target
$46.00
▲(51.57% Upside)
Technical Analysis
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Ownership Overview
2.20% Insiders
15.45% Mutual Funds
8.10% Other Institutional Investors
50.56% Public Companies and
Individual Investors