How To Earn 500 A Month From Worthington Enterprises Stock Ahead Of Q2 Earnings
| WOR Stock | USD 41.22 0.92 2.18% |
Slightly above 63% 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 |
Worthington Enterprises, Inc. will release earnings for its second quarter, after the closing bell on Tuesday, Dec. 17. Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 52 cents per share, down from 78 cents per share in the year-ago period. Worthington projects to report quarterly revenue of 273.77 million, compared to 1.09 billion a year earlier, according to data from Benzinga Pro. On Sept. 24, Worthington posted weaker-than-expected result for its
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Worthington Industries Current Investor Sentiment
Panic Vs Confidence
37
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Worthington Industries' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Worthington Industries.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Worthington Industries Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Worthington Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Worthington Industries Historical Investor Sentiment
Investor biases related to Worthington Industries' public news can be used to forecast risks associated with an investment in Worthington. The trend in average sentiment can be used to explain how an investor holding Worthington can time the market purely based on public headlines and social activities around Worthington Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Worthington Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Worthington Industries and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Worthington Industries news discussions. The higher the estimate score, the more favorable the investor's outlook on Worthington Industries.
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.
Working Capital
Working Capital Comparative Analysis
Worthington Industries is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
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
| CRS | Carpenter Technology | 2.61 | ||||
| MLI | Mueller Industries | 0.99 | ||||
| IIIN | Insteel Industries | 0.14 | ||||
| ATI | Allegheny Technologies | 0.04 | ||||
| ESAB | ESAB Corp | 1.42 | ||||
| NWPX | Northwest Pipe | 1.56 | ||||
| MEC | Mayville Engineering | 1.85 | ||||
| RYI | Ryerson Holding | 3.88 |
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.