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)224.29K
Market Cap
$2.04B
Enterprise Value$2.30B
Total Cash (Recent Filing)$90.00M
Total Debt (Recent Filing)$352.60M
Price to Earnings (P/E)49.8
Beta1.75
Next Earnings
Jul 01, 2026EPS Estimate
0.73Next Dividend Ex-DateN/A
Dividend Yield1.78%
Share Statistics
EPS (TTM)2.46
Shares Outstanding50,806,340
10 Day Avg. Volume229,993
30 Day Avg. Volume224,286
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 Cap1.13
Enterprise Value/Revenue0.69
Enterprise Value/Gross Profit5.59
Enterprise Value/Ebitda10.60
Forecast
1Y Price Target
$38.00Price Target Upside25.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)2.26
Revenue Forecast (FY)$3.55B
Bulls Say, Bears Say
Bulls Say
Transformational European AcquisitionWorthington’s successful tender for a controlling stake in Klöckner is a structural expansion of geographic reach and capabilities. Combining a North American processor with a leading European service-center adds scale, broader service offerings and customer diversification that can sustainably lift revenue and higher value‑added processing over years.
Consistent Positive Free Cash FlowSustained positive operating and free cash flow provides durable internal funding for capex, dividends and strategic moves. While conversion has been uneven historically, multi‑year FCF enables disciplined capital allocation, supports the dividend and funds acquisitions or facility investments without immediate reliance on equity markets.
Automotive Wins And Higher‑margin Direct MixGaining share in automotive and increasing direct-sales mix represent a structural move up the value chain. Direct programs and OEM wins deepen customer relationships, raise average realized margins versus tolling, and reduce reliance on lower‑margin processing, supporting more stable earnings through product/program continuity.
Bears Say
Cyclical, Lower-margin Earnings ProfileWorthington operates in a cyclical steel processing market where margins and volumes swing with commodity prices and industrial demand. Current margins are below prior peaks and revenue has been uneven, which constrains durable earnings visibility and amplifies downside during downturns despite operational improvements.
Balance‑sheet Data Consistency ConcernsInconsistent equity reporting clouds assessment of true leverage and solvency, raising uncertainty for lenders and investors. Unclear capital metrics increase perceived financing risk, could elevate borrowing costs or limit access to capital, and complicate planning for M&A or large capex over the medium term.
Working‑capital Pressure And Near‑term Leverage IncreaseVolatile steel prices raise inventory funding needs and push up working capital consumption structurally during price spikes. Management also used ABL borrowing to acquire ~8% of Klöckner shares, elevating net debt. These factors reduce near‑term liquidity flexibility and increase financing risk until synergies and cash flow materialize.
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 $2.04B.
When is Worthington Steel, Inc.’s upcoming earnings report date?
Worthington Steel, Inc.’s upcoming earnings report date is Jul 01, 2026 which is in 36 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 -14.91%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.00 (25.21% Upside)
$38.00 (25.21% Upside)
Blogger Sentiment
Bullish
WS Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 229.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 18.4%
Last 30 Days ▼ 18.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.76%
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. operates as a steel processor in North America. It offers carbon flat-rolled steel and tailor welded blanks, as well as electrical steel laminations; and aluminum tailor welded blanks. The company serves various end-markets, including automotive, heavy truck, agriculture, construction, and energy. Worthington Steel, Inc. was incorporated in 2023 and is based 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
$38.00
▲(25.21% Upside)
Technical Analysis
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Ownership Overview
2.21% Insiders
14.97% Mutual Funds
8.10% Other Institutional Investors
50.86% Public Companies and
Individual Investors