Worthington Industries, Inc. (WOR) With $44.07 Price Forms Bearish Double Bottom

May 3, 2018 - By Matthew Medley

Worthington Industries, Inc. (NYSE:WOR) Corporate Logo

Big Money Sentiment decreased to 0.93 in 2017 Q4. It has change of 0.27, from 2017Q3’s 1.2. The ratio worsened due to Worthington Industries, Inc. positioning: 31 sold and 71 reduced. 36 funds amassed holdings and 59 increased holdings. Investors holded 32.39 million in 2017Q3 but now own 31.16 million shares or 3.79% less.
Globeflex Capital L P invested in 20,938 shs. 100 are owned by Shamrock Asset Mngmt Limited Liability Company. Schwab Charles Invest Inc, California-based fund reported 338,046 shs. Ahl Prtnrs Llp, a United Kingdom-based fund reported 178,641 shs. Parallax Volatility Advisers Limited Partnership reported 8,156 shs stake. State Of Tennessee Treasury Department invested 0.01% of its capital in Worthington Industries, Inc. (NYSE:WOR). First Mercantile accumulated 2,685 shs. Fmr Ltd Liability Company has 513,133 shs for 0% of their capital. Louisiana State Employees Retirement Systems has invested 0.02% in Worthington Industries, Inc. (NYSE:WOR). Employees Retirement Association Of Colorado invested in 9,814 shs or 0% of the stock. Brandywine has invested 0.19% in Worthington Industries, Inc. (NYSE:WOR). Capital Fund Sa invested 0.04% of its capital in Worthington Industries, Inc. (NYSE:WOR). Old Savings Bank In stated it has 0.03% in Worthington Industries, Inc. (NYSE:WOR). Pacad Investment Limited has 0.03% invested in Worthington Industries, Inc. (NYSE:WOR) for 3,200 shs. Raymond James Fincl Ser Inc invested in 0% or 4,947 shs.

Worthington Industries, Inc. registered $1.96 million net activity with 1 insider purchase and 3 insider sales since January 24, 2018. 7,500 shs were sold by LAMPRINAKOS JOHN G, worth $343,725 on Monday, April 23. LYTTLE CATHERINE M sold $1.40 million worth of Worthington Industries, Inc. (NYSE:WOR) or 34,500 shs on Wednesday, April 4. On Wednesday, April 4 $119,340 worth of stock was bought by ENDRES MICHAEL J.

Worthington Industries, Inc. (WOR) has a double bottom technical setup today and has $41.43 PT or 6.00 % below today’s $44.07 share price. $2.67 billion MC has the stock. Finviz.com reported it on May, 3. At our $41.43 PT, the company worth will be $160.32M less.

WOR is reaching $44.07 during the last trading session, after decreased 0.70%.Worthington Industries, Inc. has volume of 200,358 shares. Since May 3, 2017 WOR has declined 16.89% and is downtrending. WOR underperformed the S&P500 by 28.44%.

On June, 27 is awaited Worthington Industries, Inc. (NYSE:WOR)’s earnings report, RTT reports. Analysts forecast $1.04 earnings per share, which is $0.17 up or 19.54 % from 2017’s $0.87 earnings per share. This could be $63.06M profit for WOR assuming the current $1.04 earnings per share will become reality. 70.49 % EPS growth is what Wall Street’s sees after $0.61 reported EPS previous quarter.

Worthington Industries, Inc. (NYSE:WOR) Institutional Investors Chart

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