Ratio Analysis: Unpacking Worthington Steel Inc (WS)’s Price-to-Cash and Price-to-Free Cash Flow

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After finishing at $37.92 in the prior trading day, Worthington Steel Inc (NYSE: WS) closed at $32.46, down -14.40%. In other words, the price has decreased by -$14.40 from its previous closing price. On the day, 0.98 million shares were traded. WS stock price reached its highest trading level at $33.52 during the session, while it also had its lowest trading level at $30.0.

Ratios:

Our goal is to gain a better understanding of WS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.06.

On December 04, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $29.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 26 ’24 when NELSON CARL A JR sold 12,000 shares for $30.89 per share. The transaction valued at 370,620 led to the insider holds 85,583 shares of the business.

Chiappone Charles M bought 1,850 shares of WS for $51,954 on Jan 12 ’24. The Director now owns 7,033 shares after completing the transaction at $28.08 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WS now has a Market Capitalization of 1648195456 and an Enterprise Value of 2219532032. As of this moment, Worthington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.20, and their Forward P/E ratio for the next fiscal year is 9.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 0.661 whereas that against EBITDA is 8.925.

Stock Price History:

Over the past 52 weeks, WS has reached a high of $47.19, while it has fallen to a 52-week low of $23.82. The 50-Day Moving Average of the stock is -20.29%, while the 200-Day Moving Average is calculated to be -7.86%.

Shares Statistics:

The stock has traded on average 210.03K shares per day over the past 3-months and 265150 shares per day over the last 10 days, according to various share statistics. A total of 49.48M shares are outstanding, with a floating share count of 32.55M. Insiders hold about 35.90% of the company’s shares, while institutions hold 46.22% stake in the company. Shares short for WS as of 1732838400 were 372381 with a Short Ratio of 1.77, compared to 1730332800 on 353588. Therefore, it implies a Short% of Shares Outstanding of 372381 and a Short% of Float of 1.66.

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