Worthington Steel (WS) Set to Announce Earnings on Wednesday

Worthington Steel (NYSE:WS) is scheduled to release its earnings data after the market closes on Wednesday, June 26th. Persons interested in participating in the company’s earnings conference call can do so using this link.

Worthington Steel Stock Down 2.9 %

Shares of NYSE:WS opened at $30.78 on Tuesday. The stock’s 50-day moving average is $32.19 and its 200-day moving average is $31.23. Worthington Steel has a 52-week low of $21.00 and a 52-week high of $40.15.

Insider Transactions at Worthington Steel

In other news, Director Carl A. Nelson, Jr. sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $30.89, for a total transaction of $370,680.00. Following the completion of the sale, the director now owns 85,583 shares of the company’s stock, valued at $2,643,658.87. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Wall Street Analysts Forecast Growth

WS has been the subject of several research reports. Seaport Res Ptn reiterated a “neutral” rating on shares of Worthington Steel in a research note on Monday, March 11th. KeyCorp increased their target price on shares of Worthington Steel from $39.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, April 3rd.

Worthington Steel Company Profile

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.