Worthington Enterprises has beaten earnings estimates in 3 of the last 4 quarters and is showing strong momentum with rising volume and on-balance volume accumulation, but the stock is trading above its analyst target with negative upside remaining and faces earnings event risk within 7 days.
Thesis pillars
- Target Exceeded Negative Asymmetry↓Deteriorating
- Earnings Beat Growth Trajectory→Stable
- Strong Price Momentum↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Worthington Enterprises, Inc. (WOR) Stock Analysis
Industrials · Metal Fabrication
Sell if holding. Analyst target reached at $56.24 — A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Building Products (57.0%).
Worthington Enterprises manufactures branded consumer products — propane cylinders, torches, tools, and grills under brands including Bernzomatic, Coleman (licensed), and Garden-Weasel — and building products such as refrigerant/LPG cylinders and water tanks, plus ceiling... Read more
Sell if holding. Analyst target reached at $56.24 — A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Building Products (57.0%). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.3/10, moderate confidence.
Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
About Worthington Enterprises, Inc.
About Worthington Enterprises, Inc.
Building Products generated approximately 57% of Worthington Enterprises' consolidated net sales in fiscal 2025, up from 50% in fiscal 2024, while Consumer Products contributed 43%, with 28% of that segment's sales attributable to its largest customer. International operations, primarily in Europe, made up 17% of consolidated net sales, and one retail customer accounted for 12% of total consolidated net sales in fiscal 2025.
Worthington sells Consumer Products — propane cylinders, torches, tools, and grills under brands including Bernzomatic, Coleman, Garden-Weasel, and Halo — primarily through mass merchandisers, retailers, and distributors, with demand tied to seasonal DIY activity and consumer discretionary spending. Building Products sells pressurized containment solutions (refrigerant and LPG cylinders, well water and expansion tanks) directly to gas producers and distributors, supplemented by a 50%-owned ceiling-suspension joint venture with Armstrong World Industries (WAVE) and a 25%-owned metal-framing joint venture (ClarkDietrich), whose revenue is tied to residential and non-residential construction cycles that can lag construction starts by up to 24 months. The company's most important raw materials are steel, aluminum, copper, and propane; it purchases steel in large quantities from Worthington Steel — the former steel-processing business spun off in December 2023 — under a Steel Supply Agreement, though it says steel supply relationships generally can be replaced without significant interruption. Recent acquisitions include Elgen (HVAC components, June 2025) and Ragasco (composite propane cylinders, June 2024).
Show full overview
Worthington's Building Products revenue carries a structural timing lag the 10-K quantifies directly: new non-residential construction revenue can trail construction starts by as much as 24 months, meaning today's non-residential permitting data won't show up in Worthington's results until roughly two years later. That lag sits alongside a separate, faster-cycling exposure in Consumer Products, where seasonal DIY and outdoor-recreation demand responds quickly to consumer confidence and discretionary spending — pairing a slow-moving, construction-cycle business with a fast-moving, consumer-spending-cycle business inside the same two-segment company, a structural mismatch in cyclicality timing rather than a single, uniform economic exposure.
See also: Industrials · Metal Fabrication
From Worthington Enterprises, Inc.'s most recent 10-K filing, extracted September 6, 2026.
Recent developments
updated 2026-09-14Recent Developments — Worthington Enterprises, Inc.
Latest news
- NEWS Canaccord Genuity Maintains Buy on Worthington Enterprises, Lowers Price Target to $67 — benzinga Jun 25, 2026 positive
- NEWS Worthington Enterprises Q4 2026 Earnings Call Transcript — benzinga Jun 24, 2026 neutral
- NEWS 12 Industrials Stocks Moving In Tuesday's After-Market Session — benzinga Jun 23, 2026 neutral
- NEWS Worthington Enterprises Q4 Adj. EPS $0.97 Misses $1.06 Estimate, Sales $371.456M Miss $386.493M Estimate — benzinga Jun 23, 2026 negative
- NEWS Worthington Enterprises Raises Quarterly Dividend From $0.19 To $0.20/Share — benzinga Jun 23, 2026 positive
Generated 2026-09-14T20:47:05Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductBuilding Products57%10-K Item 1: 'In fiscal 2025, Building Products generated approximately 57% of our consolidated net sales, compared to 50% and 51% in fiscal 2024 and 2023, respectively.'
- LOWCustomerone retail customer12%10-K Item 1: 'Sales to one retail customer accounted for 12% of our consolidated net sales in fiscal 2025.'
- LOWGeographicinternational operations17%10-K Item 1: 'International operations accounted for approximately 17% of consolidated net sales in fiscal 2025, primarily to customers in Europe.'
- MEDIUMSupplierWorthington Steel10-K Item 1: 'We purchase steel in large quantities at regular intervals from Worthington Steel through the Steel Supply Agreement.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $56.24 — A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Building Products (57.0%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $54.19. Score 5.3/10, moderate confidence.
Take-profit target: $57.07 (+1.8% upside). Prior stop was $54.19. Stop-loss: $54.19.
Concentration risk — Product: Building Products (57.0%); Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6).
Worthington Enterprises, Inc. trades at a P/E of 18.1 (forward 13.8). TrendMatrix value score: 6.8/10. Verdict: Sell.
8 analysts cover WOR with a consensus score of 3.8/5. Average price target: $66.
What does Worthington Enterprises, Inc. do?Worthington Enterprises manufactures branded consumer products — propane cylinders, torches, tools, and grills under...
Worthington Enterprises manufactures branded consumer products — propane cylinders, torches, tools, and grills under brands including Bernzomatic, Coleman (licensed), and Garden-Weasel — and building products such as refrigerant/LPG cylinders and water tanks, plus ceiling suspension systems and metal framing through unconsolidated joint ventures WAVE and ClarkDietrich. Building Products generated 57% of fiscal 2025 consolidated net sales and Consumer Products 43%, with international operations contributing 17% (mostly Europe) and one retail customer accounting for 12% of consolidated net sales