Worthington Steel, Inc.

WS

US9821041012

Iron & Steel

Market Closed - Nyse Other stock markets 04:00:02 2024-05-09 pm EDT			5-day change	1st Jan Change
32.09 ^USD	+1.26%		-0.22%	+14.20%

Apr. 30	Worthington Steel Insider Sold Shares Worth $370,620, According to a Recent SEC Filing	MT
Apr. 03	KeyBanc Adjusts Price Target on Worthington Steel to $40 From $39, Keeps Overweight Rating	MT

Worthington Steel, Inc. (NYSE:WS) completed the acquisition of Voestalpine Automotive Components Nagold Gmbh & Co.Kg for $21.9 million.

December 20, 2023

Worthington Steel, Inc. (NYSE:WS) acquired Voestalpine Automotive Components Nagold Gmbh & Co.Kg for $21 million on November 16, 2023. Total consideration was net of cash acquired. Total net assets acquired were $20.4 million, subject to closing adjustments.

Worthington Steel, Inc. (NYSE:WS) completed the acquisition of Voestalpine Automotive Components Nagold Gmbh & Co.Kg for $21.9 million on November 16, 2023. Worthington Steel acquired Voestalpine for net of cash consideration of $21.0 million and the assumption of a $0.9 million pension liability.

Latest news about Worthington Steel, Inc.

Worthington Steel Insider Sold Shares Worth $370,620, According to a Recent SEC Filing	Apr. 30	MT
KeyBanc Adjusts Price Target on Worthington Steel to $40 From $39, Keeps Overweight Rating	Apr. 03	MT
KeyBanc Raises Worthington Steel's Price Target to $39 From $31, Keeps Overweight Rating	Mar. 26	MT
RBC Capital Markets Says Worthington Steel's Fiscal Q3 Earnings A 'Neutral Read-Through' For Russel Metals	Mar. 25	MT
Worthington Steel Shares Rise Following Higher Q3 Results	Mar. 22	MT
Top Premarket Gainers	Mar. 22	MT
Transcript : Worthington Steel, Inc., Q3 2024 Earnings Call, Mar 22, 2024	Mar. 22
Worthington Steel Fiscal Q3 Non-GAAP Earnings, Sales Rise	Mar. 21	MT
Worthington Steel Keeps Quarterly Dividend at $0.16 a Share, Payable June 28 to Shareholders of Record June 14	Mar. 21	MT
Earnings Flash (WS) WORTHINGTON STEEL Posts Q3 Revenue $805.8M, vs. Street Est of $664.8M	Mar. 21	MT
Earnings Flash (WS) WORTHINGTON STEEL Posts Q3 EPS $0.99, vs. Street Est of $0.80	Mar. 21	MT
Worthington Steel, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended February 29, 2024	Mar. 21	CI
Worthington Steel, Inc. Declares Quarterly Dividend, Payable on June 28, 2024	Mar. 21	CI
Worthington Steel's Joint Venture TWB Gets Licensing Deal With ArcelorMittal for Patented Ablation Technology	Mar. 13	MT
Seaport Initiates Worthington Steel With Neutral Rating	Mar. 11	MT
Worthington Steel, Inc. Announces Executive Changes	Jan. 26	CI
Transcript : Worthington Steel, Inc., Q2 2024 Earnings Call, Dec 22, 2023	Dec. 22
Worthington Steel's Fiscal Q2 Swings to Adjusted Earnings But Sales Decline	Dec. 21	MT
Worthington Steel, Inc. (NYSE:WS) completed the acquisition of Voestalpine Automotive Components Nagold Gmbh & Co.Kg for $21.9 million.	Dec. 20	CI
Worthington Steel Sets First Quarterly Dividend Since Separation From Worthington Enterprises; $0.16 a Share Payable March 28 to Holders of Record March 14	Dec. 20	MT
Worthington Steel, Inc. Declares First Quarterly Dividend, Payable on March 28, 2024	Dec. 20	CI
Worthington Steel, Inc. Announces Board Changes	Dec. 05	CI
Worthington Steel, Inc.(NYSE:WS) added to S&P Global BMI Index	Dec. 01	CI
Worthington Steel, Inc.(NYSE:WS) added to S&P TMI Index	Dec. 01	CI
Worthington Steel, Inc.(NYSE:WS) added to S&P 600 Materials	Dec. 01	CI

Chart Worthington Steel, Inc.

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Company Profile

Worthington Steel, Inc. is a steel processor and producer of electrical steel laminations and automotive lightweighting solutions. It is engaged in processing and selling flat-rolled steel coils. Its product lines and processing capabilities include carbon flat-roll steel processing, electrical steel laminations and tailor welded products. It performs a variety of value-added processes based on customer requirements including pickling, specialty re-rolling, hot dip galvanizing, and blanking. It manufactures precision magnetic steel laminations for the automotive (including applications for electrified vehicles), industrial motor, generator and transformer industries. Tailor Welded Products include Tailor Welded Blanks and Aluminum Tailor Welded Blanks. Tailor Welded Blanks are made from individual sheets of steel of different thickness, strength and coating which are joined together by laser welding. Aluminum Tailor Welded Blanks are processed using friction stir welding technology.

Sector

Iron & Steel

Calendar

2024-12-18 - Q2 2025 Earnings Release (Projected)

Related indices

Russell 2000

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

31.69 USD

Average target price

40 USD

Spread / Average Target

+26.22%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
WORTHINGTON STEEL, INC.	+14.20%	1.6B
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JINDAL STAINLESS LIMITED	+18.77%	6.84B

Iron, Steel Mills & Foundries