Will $WOR Continue Its Bullish Trend Post-Earnings?

TigerPicks
03-31

A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy.

The best-performing concepts is Tariff beneficiary stocks. Considering the different perceptions of the stock, this time TigerPicks chose $Worthington(WOR)$ to have a fundamental highlight to help users understand it better.

$Worthington(WOR)$

Worthington is an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. It operates through Steel Processing, Consumer Products, Building Products, and Sustainable Energy Solutions segments.

An impressive rally since late 2024

After an initial spike to $46 per share on December 18, 2024, WOR shares consolidated between $39.05 and $44.53 over the next three months. In late 2024, WOR shares reached a low right before the earnings announcement that vaulted the shares higher, and that pattern repeated in March 2025, as WOR fell to $39.05 on March 21.

Explosive rally on March 26 after earningsExplosive rally on March 26 after earnings

As the daily chart highlights, the latest March 25, 2025, earnings report caused an explosive rally in WOR shares that took the stock nearly 24% higher on March 26.

Earnings cause WOR to explode higher

As in December, WOR shares took off on the upside after reporting better-than-expected earnings.

Latest earningsLatest earnings

WOR turned in stellar results, beating forecasts for EPS normalized actual EPS by 21 cents per share and revenues by $15.44 million.

A bullish trend since 2020

WOR shares reached a record $69.96 high in March 2024.

Bullish trend since the 2020 lowBullish trend since the 2020 low

The long-term quarterly chart shows a pattern of higher lows and higher highs since the 2020 pandemic-inspired $11.89 per share low. The stock’s trend remains bullish, with the latest earnings report creating another higher low. Technicals point to higher prices and a challenge of the March 2024 peak at just below the $70 per share level.

Tariffs and made-in-the-USA favor higher highs for WOR

Aside from earnings, the Trump administration’s tariffs on imports from other countries could improve WOR’s earnings potential over the coming months and years. The company’s profile states:

Company profileCompany profile

Located in Columbus, Ohio, the industrial machinery, supplies, and components company could benefit from the Made-in-America initiatives under the Trump administration. The considerable tariffs on imports will likely favor companies like Worthington Enterprises, giving them a pricing advantage over foreign competitors.

WOR shares were trading above $51 per share on March 27, 2025; higher highs could be on the horizon. As the company continues to exceed earnings expectations, fundamentals and technicals point to a continuation of the stock’s appreciation that began at the 2020 low.

Earnings forecast for June 2025 reporting periodEarnings forecast for June 2025 reporting period

The current expectations for earnings and revenue when WOR next reports in late June show EPS and revenue estimates below the most recent March 25, 2025, levels. WOR could be setting up for another upside surprise in late June that could keep the bullish party going as U.S. trade policy favors companies that make and distribute their products within the United States.

Stock Price Forecast:

Here are the target price forecasts for the next 12 months from analysts.

Based on 2 Wall Street analysts offering 12 month price targets for Worthington Industries in the last 3 months. The average price target is $54.50 with a high forecast of $55.00 and a low forecast of $54.00. The average price target represents a 7.96% change from the last price of $50.48.

Resource:

https://seekingalpha.com/article/4770949-earnings-propel-worthington-enterprises-shares-higher

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Comment（4）

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  • Enid Bertha
    ·03-31
    on one side, tariffs could make them more competitive but on the other side, tariffs will mean US consumers have less to spend on anything but food, clothing and other essentials which means less sales of the stuff this company makes.
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  • Valerie Archibald
    ·03-31
    Up wayy too much in a short time. I can see a healthy pull back before it goes back up gradually.
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  • bubblyo
    ·03-31
    Impressive analysis on $WOR! 👍 [Great]
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  • MoiraHorace
    ·03-31
    I see potential here
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