Worthington Enterprises (WOR) Stock Drops Despite Market Gains: Important Facts to Note

Company Performance - Worthington Enterprises (WOR) closed at $58.76, down 0.36% from the previous session, underperforming the S&P 500's gain of 1.07% [1] - The company's shares increased by 7.34% over the past month, outperforming the Conglomerates sector's gain of 0.65% and the S&P 500's gain of 2.93% [1] - The upcoming earnings report is expected to show an EPS of $1.24, reflecting a 19.23% increase year-over-year, with projected net sales of $1.46 billion, up 32.15% from the previous year [1] Earnings Estimates - The full-year Zacks Consensus Estimates predict earnings of $5.60 per share and revenue of $4.9 billion, indicating year-over-year changes of -4.44% and -0.25%, respectively [2] - Recent changes to analyst estimates for Worthington Enterprises are important as they reflect short-term business trends, with positive revisions indicating analyst optimism [2] Valuation and Ranking - Worthington Enterprises has a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [3] - The company has a Forward P/E ratio of 10.53, which is lower than the industry average Forward P/E of 15.89, suggesting it is trading at a discount [3] - The Diversified Operations industry, part of the Conglomerates sector, holds a Zacks Industry Rank of 97, placing it in the top 39% of over 250 industries [3]