On 12/1/23, Worthington Industries Inc. (NYSE: WOR) stock suffered a major decline of -36.5%, closing at $45.56. Moreover, trading volume in this decline was exceptionally high at 288% of normal. Relative to the market the stock has been strong over the last nine months but has declined -30.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WOR is expected to continue to be a Value Builder.
Worthington Industries has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Worthington Industries has a good Power Rating of 77 and a good Appreciation Score of 83, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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