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How to Buy Worthington Steel Stock

Worthington Steel Inc

Worthington Steel is a metal fabrication company located in Ohio, United States, which is part of the Industrials sector, and is traded under the ticker WS on the NYSE exchange.

Worthington Steel stock last closed at $31.69, down 2.67% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Metal Fabrication industry by N/A percentage points. Worthington Steel stock is currently +50.9% from its 52-week low of $21.00, and -21.07% from its 52-week high of $40.15.

At the moment, there are 50.38M shares of WS outstanding. The market value of WS is $1.60B. In the last 24 hours, 124,155 WS shares were traded.

How to Buy Worthington Steel Stock

Wondering how to invest in Worthington Steel stock? Here's how.
  1. Decide where to buy Worthington Steel stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Worthington Steel stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your method of payment and add your details.
  4. Analyze Worthington Steel stock: The Worthington Steel ticker symbol is WS. Is Worthington Steel stock a good investment? Should you buy shares of WS? How do WS's underlying business fundamentals look? Do top analysts think Worthington Steel is a good buy? Why has WS's stock price moved recently? (Hint: Our stock analysis website can help you decide if WS is a good stock to buy).
  5. Place your WS purchase: Decide if you will purchase WS shares at the current market price or use a limit order to buy WS shares at a given price.
  6. Monitor your WS position: Create a watchlist to keep tabs on your position in Worthington Steel shares.

Step 1: Decide where to buy Worthington Steel stock

You need an online brokerage account to access the NYSE market and buy WS stock.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal information so you can buy WS today.

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Step 3: Deposit money your investment account

Now that you've filled out your info on the best stock trading app for beginners, you need to deposit funds:

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Step 4: Analyze Worthington Steel stock

After you have identified the best place to buy Worthington Steel stock, it's very important to analyze their stock prior to investing, so you can comprehend the risk and upside.

Worthington Steel Metrics

WS Price
$31.69
1w %
5%
1y %
N/A
5y %
N/A
P/E
N/A
P/B
1.7x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.60B
Next Earnings
N/A
Next Dividend
N/A

Worthington Steel Zen Score

WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on WS's stock page.

How is WS stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge WS's fair value.

Using relative valuations metrics:

  • WS may be undervalued based on its P/B ratio of 1.7x, relative to Metal Fabrication industry P/B ratio of 3.15x

You can do more valuation analysis on WS's stock here.

WS Financials at a glance

Signs that WS is financially healthy:

  • There are more short-term assets than long-term liabilities on the WS balance sheet.
  • There are more short-term assets than short-term liabilities on the WS balance sheet.

Signs that WS is not financially healthy:

  • WS has a relatively high debt to equity ratio of 0.83.

Do Wall Street analysts think it's a good time to buy WS stock

Out of 1 sell side analysts who give forecasts on WS, the consensus analyst rating on Worthington Steel is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Worthington Steel stock forecast page.

WS Momentum

SMA10
31.76
SMA20
32.5
SMA50
32.77
SMA100
31.19
SMA200
N/A
MACD
-0.33
MACD Signal
-0.33
MACD Histogram
0
RSI
45.02
Stochastic %K
66.29
Stochastic %D
73.99
StochRSI %K
76.35
StochRSI %D
88.92

What are WS executives and large shareholders up to?

In the last year, insiders at WS have sold more shares than they have bought.

Carl A. Nelson Jr., Director of WS, was the latest WS insider to sell. They sold $370,620.00 worth of WS shares on Apr 26, 2024.

Get more info about who owns WS stock here.

Can I rely on WS as an income stream?

No, Worthington Steel doesn't provide an income stream by paying out dividends.

What do other traders have to say about WS?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your WS purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will place your order.

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Step 6: Monitor your WS position

Now that you own some WS stock, you'll want to keep up with your new investment.

Make a watchlist to track the latest developments regarding your WS stock.

WS Feed

How to Buy Stock in Worthington Steel

To reiterate, here are the 6 steps to buy Worthington Steel stock:

  1. Decide where to buy Worthington Steel stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Worthington Steel stock
  5. Place your WS purchase
  6. Monitor your WS position

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Worthington Steel, add WS to your watchlist below.

NYSE: WS
$31.69-0.87 (-2.67%)
Updated May 8, 2024
Open eToro Account
NYSE: WS
$31.69-0.87 (-2.67%)
Updated May 8, 2024
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FAQ

How much does it cost to buy one Worthington Steel share?

As of May 8, 2024, it costs $31.69 to buy one share of Worthington Steel stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.316 shares of WS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Worthington Steel stock?

According to 1 Wall Street analysts who monitor Worthington Steel, their consensus recommendation is to buy Worthington Steel stock.

What is the best way to buy Worthington Steel stock?

One way to place an order for Worthington Steel stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.