Worthington Enterprises Stock (NYSE: WOR)

Worthington Enterprises (NYSE:WOR) Stock, Quote.Headers.trade-ideas

Worthington Enterprises

Worthington Industries

Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.

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Worthington Enterprises has a dividend yield of 1.46%. To figure out how to earn $500 monthly, start with the yearly target of $6,000.

How To Earn $500 A Month From Worthington Enterprises Stock Ahead Of Q1 Earnings

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Futures trading reflects the same trend seen on Tuesday, with the Nasdaq and S&amp;P 500 futures firming up in early trading, while the Dow futures slipped.

Nasdaq, S&amp;P 500 Set To Open Higher On Nvidia Prop, FedEx Earnings, But Traders Could Move To Sidelines Ahead Of Key Data: Analyst Says Underweighting Techs &#39;Contrarian Bet&#39;

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Worthington Enterprises Posts Downbeat Results, Joins Taysha Gene Therapies, General Mills And Other Big Stocks Moving Lower In Wednesday&#39;s Pre-Market Session

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Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) will release earnings results for its first quarter of 2025 after the <a href="https://www.benzinga.com/quote/WOR/earnings">closing bell on Tuesday, Sept. 24.</a>
Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 74 cents per share. That&#8217;s down from $2.06 per share in the year-ago period. Worthington projects to report quarterly revenue of $300.26 million for the quarter. according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 10, Worthington Enterprises said it has begun modernization project at Chilton, Wisconsin, Campus.
With the recent buzz around Worthington Enterprises, some investors may be eyeing potential gains from the company's dividends. Worthington Enterprises currently has a dividend yield of 1.46% — a quarterly dividend of 17 cents a share. That amounts to about 68 cents a year.
To earn $500 monthly from Worthington Enterprises, start with a yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Worthington Enterprises' $0.68 dividend: $6,000 / $0.68 = 8,824 shares
So, an investor would need to own approximately $410,757 worth of Worthington Enterprises, or 8,824 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $0.68 = 1,765 shares, or $82,161 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
WOR Price Action: Shares of Worthington Enterprises rose 2.6% to close at $46.55 on Thursday.
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Image: Shutterstock

Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>), a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, has begun a modernization project at its Chilton, Wisconsin, campus where it manufactures <a href="https://www.globenewswire.com/Tracker?data=Cpx6uKFiqUf1O-40yMiB4bsAnIouWXvW62NORPo_AesXOwcZJXZw7YDsasusQXRIPv-0wRBb_0xadz10XskDQEtZDtmHg-N4KNQ4ClyzjxI=">Bernzomatic&#xAE;</a> and <a href="https://www.globenewswire.com/Tracker?data=0fnAhRNuBbLC399FA7llMKzGMZLCVmXBCsLK_jsmzQzEqJVmOmmtJ-yhY6-BxSVVzs8eWWUoWObhd-6z1TsmgQ==">Mag-Torch&#xAE;</a> hand torches and fuel cylinders. A new 58,000-square-foot building and equipment will increase automation and production efficiencies, help ensure continued product quality and safety performance and allow for future expansion.

Worthington Enterprises Begins Modernization Project At Chilton, Wisconsin, Campus Where It Manufactures Bernzomatic And Mag-Torch Hand Torches And Fuel Cylinders

Armstrong World Industries. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWI#NYSE">AWI</a>) and Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) announced today that their Worthington Armstrong joint venture (WAVE) has acquired all of the assets of Amherst, NY-based Data Center Resources, LLC (DCR) related to the design and manufacture of customizable, modular aisle containment solutions for data centers, under the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cool-shield.com&amp;esheet=54102644&amp;newsitemid=20240801526149&amp;lan=en-US&amp;anchor=Cool+Shield&amp;index=1&amp;md5=1078b4197b7687bce70af396a3f84ad0">Cool Shield</a> brand.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20240801526149/en/">https://www.businesswire.com/news/home/20240801526149/en/</a>

Armstrong World Industries And Worthington Enterprises Announces That Their Worthington Armstrong JV Has Acquired All Of The Assets Of Amherst, NY-Based Data Center Resources Related To The Design And Manufacture Of Customizable, Modular Aisle Containment Solutions For Data Centers, Under The Cool Shield Brand

Goldman Sachs analyst Susan Maklari maintains Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) with a Sell and lowers the price target from $56 to $43.

Price Target

Analyst Ratings

Goldman Sachs Maintains Sell on Worthington Enterprises, Lowers Price Target to $43

Canaccord Genuity analyst Brian McNamara maintains Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) with a Hold and lowers the price target from $64 to $52.

Canaccord Genuity Maintains Hold on Worthington Enterprises, Lowers Price Target to $52

Futures trading reflects the <a href="https://www.benzinga.com/news/earnings/24/06/39476084/nasdaq-s-p-500-futures-firm-up-as-nvidia-poised-to-lead-tech-rebound-expert-says-a-major-gaffe-by-o">same trend seen on Tuesday,</a> with the Nasdaq and S&amp;P 500 futures firming up in early trading, while the Dow futures slipped. Notwithstanding the tech strength, the underlying sentiment is likely to be one of caution ahead of some key market-moving economic catalysts scheduled for the next two sessions. The Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rally continues, with the stock firmer in premarket trading. It remains to be seen if the concentrated tech strength could be strong enough to lift the broader market.
The market could also receive a shot in the arm from FedEx Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) positive earnings and M&amp;A rumors.
The Federal Reserve&#8217;s favorite inflation gauge, more Fed speeches, consumer sentiment data and durables goods order are among the key reports due on Thursday and Friday. More importantly, traders may also focus on the presidential debate that is scheduled for late Thursday.
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<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.21%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.05%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.14%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.30%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">In premarket trading on Wednesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.01% at $544.90 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.16% to $480.15, according to <a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>. Cues From Last Session:</figcaption></figure>
The tech rally, spearheaded by Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), imparted strength to the broader market on Tuesday, although weakness elsewhere dragged the Dow Jones Industrial Average lower. IT and communication services stocks launched into a strong rally and energy stocks saw modest strength but most other S&amp;P 500 sectors closed on the red.
The tech-heavy Nasdaq Composite outperformed, hovering in positive territory throughout the session, while the S&amp;P 500 Index braved some mid-session weakness before recovering. The two averages snapped a three-session losing streak but they did not have enough momentum to break above their previous highs.
Among the economic data released on Tuesday, consumer confidence slowed in line with expectations in June and house price growth slowed in April &#8211; all pointers toward softening growth.
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<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.26%</td>
<td>17,717.65</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.39%</td>
<td>5,469.30</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.76%</td>
<td>39,112.16</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.42%</td>
<td>2,022.35</td>
</tr>
</tbody>
</table>
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Insights From Analysts:
Fund manager Louis Navellier is confident of the tech rally continuing. &#8220;Being underweight in tech remains a contrarian bet,&#8221; he said in a note to clients. &#8220;With the end of the quarter this week, we will shortly get another round of earnings which may give new perspectives on earnings momentum, but may also reemphasize the concentration at the top, as the AI theme gains momentum,&#8221; he said.
Carson Group&#8217;s Chief Market Strategist Ryan Detrick pointed to a historical trend that is positive for the market. Since 1950, the market has never peaked in June, he said. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Did stocks peak in June? History would say no, as stocks have never peaked for the year in June. This is the only month that can say this. Another feather in the cap for the bulls. <a href="https://t.co/Vt4L89So4P">pic.twitter.com/Vt4L89So4P</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1805786314706448417?ref_src=twsrc%5Etfw">June 26, 2024</a></blockquote>
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Upcoming Economic Data:
<ul>
<li>The Commerce Department is scheduled to release the new home sales data for May at 8:30 a.m. EDT. Economists, on average, expect new home sales to come in at a seasonally adjusted annual rate of 640,000 up from a 634,000 rate in April.</li>
<li>The Energy Information Administration will release its weekly petroleum status report at 10:30 a.m. EDT.</li>
<li>The Treasury is set to auction five-year notes at 1 p.m. EDT.</li>
</ul>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Stocks In Focus:
<ul>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) climbed over 33% in premarket in reaction to its <a href="https://www.benzinga.com/markets/equities/24/06/39497161/rivian-stock-skyrockets-premarket-set-to-open-at-4-month-high-whats-going-on">plan to forge a partnership </a>with Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>). Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) moved higher in sympathy.</li>
<li>FedEx climbed over 14% in reaction to the company&#8217;s quarterly results, while Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) fell over 7.50%.</li>
<li>Whirlpool Corporation (WHR) rose nearly 14% after Reuters reported that Bosch is weighing a bid for the former.</li>
<li>General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) and Paychex, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NYSE">PAYX</a>) are among the notable companies reporting earnings ahead of the market opening.</li>
<li>Those reporting after the close include Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), H.B. Fuller Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUL#NYSE">FUL</a>), Worthington Steel, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WS#NYSE">WS</a>) and Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures firmed up, while gold futures pulled back. The benchmark 10-year U.S. Treasury note rose 4.1 basis points to 4.279%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) flatlined around the $61K mark.
Asian stocks closed higher, tracking the positive close on Wall Street overnight amid the tech rally, although the Australian market bucked the uptrend. The European markets showed tentativeness in early trading.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39495728/nvidia-set-for-another-100-rally-before-year-end-says-fund-manager-theyve-got-80-ya">Nvidia Set For Another 100% Rally Before Year-End, Says Fund Manager: &#8216;They&#8217;ve Got 80 Yards Of A Clear Turf…Nobody&#8217;s Catching Up To Them&#8217;</a>
Image Via Shutterstock

Nasdaq, S&P 500 Set To Open Higher On Nvidia Prop, FedEx Earnings, But Traders Could Move To Sidelines Ahead Of Key Data: Analyst Says Underweighting Techs 'Contrarian Bet'

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.2% on Wednesday.
Shares of Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) fell sharply in today's pre-market trading after the company posted downbeat <a href="https://www.benzinga.com/quote/WOR/earnings">quarterly results</a>.
Worthington Industries posted adjusted earnings of 74 cents per share, missing analysts' estimates of 94 cents per share. The company posted quarterly sales of $318.801 million versus estimates of $359.390 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Worthington shares dipped 7.5% to $46.38 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Taysha Gene Therapies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) shares tumbled 14% to $2.12 in pre-market trading after the company reported a proposed public offering of common stock and pre-funded warrants.</li>
<li>Aptiv PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) fell 6.6% to $68.49 in pre-market trading. Piper Sandler analyst Alexander Potter downgraded Aptiv from Neutral to Underweight and lowered the price target from $78 to $63.</li>
<li>Qudian Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QD#NYSE">QD</a>) shares fell 5.9% to $1.90 in pre-market trading.</li>
<li>Wave Life Sciences Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WVE#NASDAQ">WVE</a>) shares declined 5.8% to $4.49 in pre-market trading after falling over 8% on Tuesday. The company announced results from its Phase 1b/2a SELECT-HD clinical trial of WVE-003.</li>
<li>General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) shares slipped 4.5% to $64.24 in pre-market trading following fourth-quarter results.</li>
<li>Larimar Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRMR#NASDAQ">LRMR</a>) shares fell 3.8% to $6.77 in pre-market trading. JP Morgan analyst Ranjan Sharma downgraded Sea from Overweight to Neutral and lowered the price target from $84 to $78.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) fell 3.7% to $35.00 in pre-market trading after gaining over 8% on Tuesday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/06/39478022/wall-streets-most-accurate-analysts-spotlight-on-3-risk-off-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

Worthington Enterprises Posts Downbeat Results, Joins Taysha Gene Therapies, General Mills And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

&quot;We are optimistic heading into our new fiscal year having recently completed the acquisition of Hexagon Ragasco along with the formation of our Sustainable Energy Solutions joint venture,&quot; the company said.

Guidance

Worthington Enterprises Says Optimistic Heading Into Its New Fiscal Year

The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968.

Dividends

Worthington Enterprises Boosts Quarterly Dividend By 6.25% From $0.16 To $0.17 Per Share

Worthington Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) reported quarterly earnings of $0.74 per share which missed the analyst consensus estimate of $0.94 by 21.28 percent. The company reported quarterly sales of $318.801 million which missed the analyst consensus estimate of $359.390 million by 11.29 percent.&nbsp;

Earnings Misses

Worthington Industries Q4 2024 Adj EPS $0.74 Misses $0.94 Estimate, Sales $318.801M Miss $359.390M Estimate

The Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968.

Worthington Enterprises Increases Quarterly Dividend From $0.16 To $0.17 Per Share

Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) is set to release earnings results for its fourth quarter, after the <a href="https://www.benzinga.com/quote/WOR/earnings">closing bell on Tuesday.</a>
Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 94 cents per share, down sharply from $2.74 per share in the year-ago period. Worthington Enterprises is projected to post revenue of $359.39 million for the quarter, compared to $1.23 billion in the year-earlier quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 3, Worthington Enterprises reported the closing of its planned acquisition of Hexagon Ragasco.
With the recent buzz around Worthington Enterprises, some investors may be eyeing potential gains from the company's dividends too. As of now, Worthington Enterprises offers an annual dividend yield of 1.25%, which is a quarterly dividend amount of 16 cents per share (64 cents a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $480,656 or around 9,375 shares. For a more modest $100 per month or $1,200 per year, you would need $96,131 or around 1,875 shares.
Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39454516/more-than-24m-bet-on-pbf-energy-check-out-these-3-stocks-insiders-are-buying">More than $24M Bet On PBF Energy? Check Out These 3 Stocks Insiders Are Buying</a>
To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($0.64 in this case). So, $6,000 / $0.64 = 9,375 ($500 per month), and $1,200 / $0.64 = 1,875 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock&#8217;s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
WOR Price Action: Shares of Worthington Enterprises gained 1.5% to close at $51.27 on Monday.
Check This Out: <a href="https://www.youtube.com/watch?v=pVF0O2lsEH4">How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro</a>
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How To Earn $500 A Month From Worthington Enterprises Stock Ahead Of Q4 Earnings

The U.S. stocks could be primed for another mixed session on Tuesday, with techs looking poised for a bounce back from <a href="https://www.benzinga.com/markets/equities/24/06/39462808/semiconductor-nvidia-woes-deepen-nasdaq-100-slips-dow-rallies-bitcoin-sinks-to-60-400-whats-driv">the previous session&#8217;s losses.</a> Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) could lead from the front, with the stock climbing over 2% in the premarket. The spotlight is likely to be on a couple of speeches by Federal Reserve officials and a consumer confidence reading.
Traders may, all the same, prefer staying on the sidelines as they look ahead to the back-end loaded economic calendar and the first presidential debate to be hosted late Thursday. Fund manager Louis Navellier sees the recent market pullback as a blessing in disguise. &#8220;For now, the bull market continues, and a stalling of the leaders finds investors turning to bargain shopping and broadening the breath, a healthy development,&#8221; he said.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.43%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.16%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.13%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.09%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) gained 0.18% at $543.74 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.43 at $476.02, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>. Cues From Last Session:</figcaption></figure>
Tech stocks led the retreat by the Nasdaq Composite and the S&amp;P 500 indices on Monday, while the Dow Jones Industrial Average ended higher for the fifth straight session. Nvidia spearheaded the tech sell-off, as the stock pulled back further away from its record high and ended lower for a third straight session.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-1.09%</td>
<td>17,496.82</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>-0.31%</td>
<td>5,447.87</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.67%</td>
<td>39,411.21</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.43%</td>
<td>2,030.81</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
LPL Financial analysts see disruptive technologies such as AI likely turning out to be an antidote to the headwinds of today. The firm&#8217;s Chief Economist Jeffrey Roach and Chief Equity Strategist Jeffrey Buchbinder noted that &#8220;excitement — plus maybe some &#8216;irrational exuberance&#8217; — on artificial intelligence and other disruptive technologies generated record highs for the major stock market indexes over the past week and pushed implied volatility to historical lows.&#8221;
The analysts shrugged off the comparisons with the late-1990s tech bubble. &#8220;This market environment is&nbsp;very&nbsp;different,&nbsp;given&nbsp;who&nbsp;is&nbsp;leading&nbsp;the&nbsp;charge&nbsp;–&nbsp;the&nbsp;highest&nbsp;quality,&nbsp;most&nbsp;profitable&nbsp;companies in the world – and much lower valuations,&#8221; they said.
&#8220;A likely path&nbsp;for&nbsp;markets,&nbsp;we&nbsp;believe,&nbsp;is&nbsp;a&nbsp;pullback&nbsp;or&nbsp;mild&nbsp;correction&nbsp;in&nbsp;the&nbsp;second&nbsp;half,&nbsp;offering&nbsp;investors the&nbsp;opportunity&nbsp;to&nbsp;buy&nbsp;on&nbsp;dips.&#8221;
Wharton Professor and Wisdom Tree Senior Economist Jeremy Siegel said the upcoming presidential debate could also play a key role in shaping market sentiment. &#8220;A major gaffe by one of the candidates could alter the trajectory,&#8221; he said.
Trump&#8217;s policies, though considered more favorable for the stock market, his approach brings a degree of unpredictability, which can be a double-edged sword for investors, the economist said. &#8220;On the other hand, while Biden might imply a shift towards higher taxes and increased regulation, his policy approach promises more stability and predictability,&#8221; he added.
Upcoming Economic Data:
<ul>
<li>S&amp;P/Case-Shiller and the Federal House Finance Agency are scheduled to release the results of two separate house price surveys at 9 a.m. EDT.</li>
<li>The Conference Board is due to release the results of its consumer confidence survey for June at 10 a.m. EDT. The consensus estimate calls for a dip in the index from 102 in May to 100 in June.</li>
<li>Fed Governor Lisa Cook will make a public appearance at 12 p.m. EDT. </li>
<li>The Treasury will auction two-year notes at 1 p.m. EDT.</li>
</ul>
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Stocks In Focus:
<ul>
<li>Carnival Corporation &amp; plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>), FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), Progress Software Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) and Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) are among the companies due to <a href="https://www.benzinga.com/calendars/earnings">release their quarterly results </a>on Tuesday.</li>
<li>Nvidia is rebounding by over 2% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the sell-off in the previous three sessions.</li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) climbed over 2% on a positive analyst action.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures pulled back but held above the $81-a-barrel level, while gold futures extended gains and were approaching the $2,350-an-ounce mark. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was flattish just above the $61K mark. The benchmark 10-year U.S. Treasury note eased 1.8 basis points to 4.23%.
Among the global equities, most Asian markets closed mostly higher, with the exception of Chinese, Indonesian and Malaysian markets. European stocks fell in early trading,
Read Next:<a href="https://www.benzinga.com/general/biotech/24/06/39450738/5-biotech-stocks-with-key-catalysts-this-week-merck-intellia-verona-and-more"> 5 Biotech Stocks With Key Catalysts This Week: Merck, Intellia, Verona, And More</a>
Photo via Shutterstock

PRGS

Nasdaq, S&P 500 Futures Firm Up As Nvidia Poised To Lead Tech Rebound: Expert Says 'A Major Gaffe By One Of The Candidates' In Presidential Debate Could Alter Market Trajectory

Worthington Enterprises Signs Agreements With Hexagon Composites To Acquire Hexagon Ragasco For $98M

Worthington Enterprises Signs Agreements With Hexagon Composites To Acquire Hexagon Ragasco And Form Joint Venture For Sustainability Energy Solutions Business Segment

The Nasdaq 100 closed lower by around 0.3% on Monday. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company&rsquo;s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Trade Desk </h3>
<ul>
<li>The Trade: The Trade Desk, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ttd#NASDAQ">TTD</a>) President and CEO Jeffrey Terry Green <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 225,000 shares </a> at an average price of $84.98. The insider received around $19.12 million from selling those shares.</li>
<li>What&rsquo;s Happening: On Feb. 15, Trade Desk reported better-than-expected fourth-quarter revenue results.</li>
<li>What Trade Desk Does: The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs.</li>
</ul>
Have a look at our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
<h3>Amazon.com</h3>
<ul>
<li>The Trade: Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) CEO Amazon Web Services Adam Selipsky <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 1,000 shares </a> at an average price of $178.79. The insider received around $178,790 from selling those shares.</li>
<li>What&rsquo;s Happening: On March 22, Truist Securities analyst Youssef Squali reiterated Amazon.com with a Buy and maintained a $195 price target.</li>
<li>What Amazon.com Does: Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021.</li>
</ul>
<h3>Worthington Enterprises </h3>
<ul>
<li>The Trade: Worthington Enterprises, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wor#NYSE">WOR</a>) Director Michael J Endres <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 66,000 shares </a> at an average price of $64.26. The insider received around $4.24 million from selling those shares.</li>
<li>What&rsquo;s Happening: On March 25, Canaccord Genuity analyst Brian McNamara maintained Worthington with a Hold and raised the price target from $56 to $64.</li>
<li>What Worthington Enterprises Does: Worthington Enterprises Inc formerly Worthington Industries Inc is a diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products.</li>
</ul>
<h3>Maplebear </h3>
<ul>
<li>The Trade: Maplebear Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cart#NASDAQ">CART</a>) General Counsel &amp; Secretary Morgan Fong <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 18,689 shares </a> at an average price of $37.62. The insider received around $703,103 from selling those shares.</li>
<li>What&rsquo;s Happening: On March 25, JP Morgan analyst Doug Anmuth maintained Maplebear with an Overweight and raised the price target from $35 to $45.</li>
<li>What Maplebear Does: Maplebear, which does business as Instacart, is an online grocery pickup and delivery service provider currently in the United States and Canada.</li>
</ul>
&nbsp;
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Short Ideas

Insider Trades

AMZN

CART

Amazon.com, Worthington Enterprises And 2 Other Stocks Insiders Are Selling

Analysts' ratings for Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $56.5, with a high estimate of $64.00 and a low estimate of $50.00. Marking an increase of 6.6%, the current average surpasses the previous average price target of $53.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1711368031_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Worthington Enterprises. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian McNamara</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Hold</td>
<td>$64.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Susan Maklari</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Sell</td>
<td>$56.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Brian McNamara</td>
<td>Canaccord Genuity</td>
<td>Announces</td>
<td>Hold</td>
<td>$56.00</td>
<td>-</td>
</tr>
<tr>
<td>Susan Maklari</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Sell</td>
<td>$50.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Worthington Enterprises. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Worthington Enterprises compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Worthington Enterprises's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Worthington Enterprises's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/WOR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Worthington Enterprises analyst ratings.</a>
<h2>About Worthington Enterprises</h2>
Worthington Enterprises Inc formerly Worthington Industries Inc is a diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinders for liquefied petroleum gas, compressed natural gas, oxygen, refrigerant, and other industrial gas storage; cylinders; helium-filled balloon kits; steel and fiberglass tanks and processing equipment primarily for the oil and gas industry; cryogenic pressure vessels for liquefied natural gas and other gas storage applications; light gauge steel framing for commercial and residential construction; and several other products. The firm's operating segments are Steel Processing, Consumer Products, Building Products and Sustainable Energy Solutions.
<h3>Financial Insights: Worthington Enterprises</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Negative Revenue Trend: Examining Worthington Enterprises's financials over 3 months reveals challenges. As of 30 November, 2023, the company experienced a decline of approximately -7.54% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Worthington Enterprises's net margin is impressive, surpassing industry averages. With a net margin of 2.24%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Worthington Enterprises's ROE stands out, surpassing industry averages. With an impressive ROE of 1.36%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Worthington Enterprises's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.69%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.4.
<h2>Analyst Ratings: What Are They?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 4 Analyst Projections For Worthington Enterprises

Canaccord Genuity analyst Brian McNamara maintains Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) with a Hold and raises the price target from $56 to $64.

Canaccord Genuity Maintains Hold on Worthington Enterprises, Raises Price Target to $64

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Wedbush boosted the price target for Chipotle Mexican Grill, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cmg#NYSE">CMG</a>) from $2,400 to $2,850. Wedbush analyst Nick Setyan maintained a Neutral rating. Chipotle shares gained 0.3% to close at $2,904.98 on Thursday. <a href="https://www.benzinga.com/quote/CMG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham cut the price target for Lululemon Athletica Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lulu#NASDAQ">LULU</a>) from $525 to $500. Needham analyst Anna Andreeva maintained a Buy rating. Lululemon shares gained 2.1% to close at $478.84 on Thursday. <a href="https://www.benzinga.com/quote/LULU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS slashed NIKE, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nke#NYSE">NKE</a>) price target from $138 to $125. UBS analyst Jay Sole maintained a Buy rating. NIKE shares rose 0.6% to close at $100.82 on Thursday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut the price target for Li Auto Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/li#NASDAQ">LI</a>) from $56 to $39. Barclays analyst Jiong Shao maintained an Overweight rating. Li Auto shares dipped 7.5% to close at $31.53 on Thursday. <a href="https://www.benzinga.com/quote/LI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. lowered Nkarta, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nktx#NASDAQ">NKTX</a>) price target from $22 to $20. HC Wainwright &amp; Co. analyst Emily Bodnar maintained a Buy rating. Nkarta shares rose 1.5% to close at $12.98 on Thursday. <a href="https://www.benzinga.com/quote/NKTX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup boosted the price target for The Macerich Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mac#NYSE">MAC</a>) from $8 to $17. Citigroup analyst Nicholas Joseph upgraded the stock from Sell to Neutral. Macerich shares gained 1.3% to close at $17.24 on Thursday. <a href="https://www.benzinga.com/quote/MAC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Compass Point increased U.S. Bancorp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/usb#NYSE">USB</a>) price target from $46 to $49. Compass Point analyst David Rochester upgraded the stock from Neutral to Buy. U.S. Bancorp shares gained 2.3% to close at $44.45 on Thursday. <a href="https://www.benzinga.com/quote/USB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays slashed FactSet Research Systems Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fds#NYSE">FDS</a>) price target from $480 to $460. Barclays analyst Manav Patnaik downgraded the stock from Overweight to Equal-Weight. FactSet Research shares fell 7.6% to close at $450.66 on Thursday. <a href="https://www.benzinga.com/quote/FDS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs raised Worthington Enterprises, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wor#NYSE">WOR</a>) price target from $50 to $56. Goldman Sachs analyst Susan Maklari maintained a Sell rating. Worthington shares gained 5.2% to close at $66.98 on Thursday. <a href="https://www.benzinga.com/quote/WOR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays raised FedEx Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>) price target from $310 to $350. Barclays analyst Brandon Oglenski maintained an Overweight rating. FedEx shares rose 1.9% to close at $264.85 on Thursday. <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/03/37885620/fedex-nike-and-3-stocks-to-watch-heading-into-friday"> FedEx, Nike And 3 Stocks To Watch Heading Into Friday </a>

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FedEx To Rally Over 32%? Here Are 10 Top Analyst Forecasts For Friday

Goldman Sachs analyst Susan Maklari maintains Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) with a Sell and raises the price target from $50 to $56.

Goldman Sachs Maintains Sell on Worthington Enterprises, Raises Price Target to $56

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
In today&rsquo;s volatile market, identifying stocks to sell is critical to preserving capital invested. As economic uncertainties loom, learning which investments might falter can safeguard portfolios. Here, the focus is on three stocks that hold vulnerabilities, signaling potential downturns. Each company faces unique adversities.&nbsp;



To begin with, the first one contends with fluctuating international currencies impacting the&nbsp;top-line. Meanwhile, the second one needs help with subdued consumer spending on high-ticket items. Finally, the third one navigates turbulence stemming from strategic restructuring moves. These factors collectively highlight their susceptibility to broader economic downturns. They are making these companies prime candidates for investors considering a strategic exit.&nbsp;



To put it briefly, these businesses suffer from&nbsp;basic&nbsp;market dynamics flaws. Selling them can reduce risk and improve the portfolio&rsquo;s performance. It is crucial to actively manage assets, investigate novel approaches, and understand why certain stocks are worth watching during economic ups and downs. Investigating these businesses&rsquo; complexities can help one make informed investing choices in today&rsquo;s erratic stock market.



<h2>Nu Skin Enterprises (NUS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/skincare-1600-300x169.jpg" alt="woman smiling with white background"><div>Source: Odua Images via Shutterstock</div></div>Nu Skin Enterprises (NYSE:<a href="https://investorplace.com/stock-quotes/nus-stock-quote/">NUS</a>) is a direct-selling company that offers a range of skincare and nutritional products. The company had a top-line of&nbsp;<a href="https://www.nuskin.com/content/corpcom/en_US/newsroom/press_releases1/2024/nu-skin-enterprises-reports-first-quarter-results.html" target="_blank">$417.3 million for Q1 2024</a>.&nbsp;This&nbsp;was impacted negatively by foreign currency fluctuations, amounting to a 3.8% decrease or approximately $18.2 million.&nbsp;This&nbsp;indicates that a considerable portion of Nu Skin&rsquo;s&nbsp;top-line&nbsp;is subject to currency exchange rates. It can fluctuate unpredictably and impact performance adversely. The negative FX impact of<a href="https://www.nuskin.com/content/corpcom/en_US/newsroom/press_releases1/2024/nu-skin-enterprises-reports-first-quarter-results.html" target="_blank">&nbsp;3.8% on&nbsp;top-line</a>&nbsp;highlights the vulnerability of Nu Skin&rsquo;s results to international currency movements. This dependency makes forecasting complex and hinders consistent growth.



Moreover, Nu Skin has adversities in several international markets due to macroeconomic conditions, such as heavy inflationary pressures affecting consumer spending. Specific regions, like South Korea and Japan, were mentioned. Economic factors like housing market crises and unfavorable consumer sentiments have dampened growth prospects. Despite moves to manage expenses and optimize costs, Nu Skin&rsquo;s gross margin decreased to 70.5% from&nbsp;<a href="https://finance.yahoo.com/news/nu-skin-enterprises-inc-nyse-140303594.html" target="_blank">72.3% annually,</a>&nbsp;partly due to these external economic pressures.



Overall, Nu Skin&rsquo;s exposure to forex volatility and economic adversities in&nbsp;key&nbsp;markets makes it a top mark on the top stocks to sell list.



<h2>Big Lots (BIG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/big1600-300x169.jpg" alt="Photo of a Big Lots (BIG) store shot from the parking lot with a shopping cart in the foreground and clear blue sky in the background. BIG stock"><div>Source: Jonathan Weiss / Shutterstock.com</div></div>Big Lots (NYSE:<a href="https://investorplace.com/stock-quotes/big-stock-quote/">BIG</a>) is a discount retailer that sells a variety of merchandise, including furniture, home decor and consumer goods. There is a considerable consumer pullback on big-ticket items. Despite moves to maintain market lead, these discretionary categories experienced a solid decline, negatively impacting sales performance. In Q1 2024, Big Lots delivered a comp sales&nbsp;<a href="https://biglotsinc.gcs-web.com/static-files/b9edeaec-1280-44bf-a9c3-9f8805752d8f" target="_blank">decline of 9.9%,</a>&nbsp;missing their mid-single-digit guidance. The high-ticket&nbsp;items like furniture and patio furniture needed to perform better, contributing to the sales miss.



Additionally, Big Lots has made strides in increasing the penetration of extreme bargains and optimizing its product assortment.&nbsp;This&nbsp;is particularly true through its five key action strategies. The heavy mix in home furnishing categories remains a drag on performance. The strategy to achieve&nbsp;<a href="https://biglotsinc.gcs-web.com/static-files/b9edeaec-1280-44bf-a9c3-9f8805752d8f" target="_blank">75% bargain penetration</a>&nbsp;and increase extreme bargain penetration to&nbsp;<a href="https://seekingalpha.com/article/4697800-big-lots-inc-big-q1-2024-earnings-call-transcript" target="_blank">50% by year-end</a>&nbsp;reflects a proactive pricing and assortment management approach. However, the disproportionate impact of slow-moving categories like furniture underscores a strategic vulnerability that limits the company&rsquo;s agility in responding to changing consumer preferences.



Therefore, Big Lots is at the top&nbsp;of the&nbsp;list of stocks to sell due to declining consumer spending on high-ticket items and reliance on underperforming product categories.



<h2>Worthington Industries (WOR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/steel1600c-300x169.jpg" alt="Steel stocks: rods, bars and other forms of steel"><div>Source: Shutterstock</div></div>Worthington Industries (NYSE:<a href="https://investorplace.com/stock-quotes/wor-stock-quote/">WOR</a>) leads in products such as steel, aluminum and specialty metals. In Q4 fiscal 2024, Worthington delivered a loss from continuing operations amounting to 64 cents, a stark contrast to the earnings of&nbsp;<a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx" target="_blank">$1.01 per share&nbsp;</a>delivered in Q4 2023. This downturn in profitability can largely&nbsp;be attributed&nbsp;to restructuring, impairment and one-time charges totaling $74 million.&nbsp;This&nbsp;translates to&nbsp;<a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx" target="_blank">$1.38 per share</a>. These charges primarily stem from selling a 51% stake in their Sustainable Energy Solutions segment to form a joint venture with Hexagon Composites.



Such strategic moves may also improve focus or streamline processes but they have had a significant instant impact. Furthermore, Worthington&rsquo;s performance represented&nbsp;larger&nbsp;obstacles across all of its parts. Adjusted EBITDA decreased from $94 million in Q4 2023 to&nbsp;<a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000108516/73543447-da9f-4d5a-b996-a4938a41704f.pdf" target="_blank">$63 million in Q4 2024</a>, indicating a drop in profitability even with efforts to lessen the impact. Additionally, the yearly gross profit dropped from $94 million to $79 million.&nbsp;This&nbsp;illustrates how difficult it has been for the business to continue operating profitably despite operation changes.



In conclusion, Worthington&rsquo;s position on the list of the top stocks to sell is reinforced by its challenges to profitability and the competitive pressures it faces in the metals sector.



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/sell-these-3-stocks-before-the-upcoming-recession/">Sell These 3 Stocks Before the Upcoming Recession</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Sell These 3 Stocks Before the Upcoming Recession

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The end of the pandemic served as a springboard for the economy, launching us into a new bull market. I can&rsquo;t blame people for being optimistic after seeing the meteoric rise of several big-name stocks. AI continues to dominate tech, carrying the rest of the sectors. As a direct result, the <a href="https://www.cnbc.com/2024/07/09/stock-market-today-live-updates.html">S&amp;P 500 closed above $5,600 for the first time</a>. So that&rsquo;s the good news. However, even in this market condition, savvy investors should be on the lookout for stocks to sell now.



This brings us to the bad news. Unfortunately, bull markets can&rsquo;t do much for companies already struggling to keep their heads above the water. Warning signs include deteriorating financial conditions, unflattering Wall Street ratings and bleak prospects. All these point to a downward spiral, and prudent investors might want to jump ship to keep their portfolios intact.&nbsp;



To come up the list of stocks to sell now, I screened for the following criteria:&nbsp;



<ul><li>Must have a sell, underperform or strong sell rating from analysts,</li>



<li>Negative YOY revenue growth on its latest annual report,</li>



<li>Negative YOY earnings growth on its latest annual report.</li>
</ul>Then, I arranged the stocks from highest to lowest revenue percentage loss. Here are the results:



<h2>Marcus &amp; Millichap (MMI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/01/real-estate-stocks-keys-city-1600-300x169.jpg" alt="hand of person in a suit dangling keys with a house symbol on the ring. Windows overlooking city skyline in background."><div>Source: ImageFlow/shutterstock.com</div></div>Marcus &amp; Millichap (NYSE:<a href="https://investorplace.com/stock-quotes/mmi-stock-quote/">MMI</a>) is a brokerage firm specializing in commercial real estate sales, research, advisory and financing services. It operates in four main commercial real estate business segments:



<ul><li>Properties&nbsp;</li>



<li>Middle market</li>



<li>Private client market</li>



<li>Larger transaction market.</li>
</ul>The company serves its clients with different types of property portfolios that match their needs, helping to maximize their value while securing competitive financing from lenders. Marcus &amp; Millichap also caters to the private market through its investment brokerage and financing.&nbsp;



Marcus &amp; Millichap had a rough 2023. <a href="https://ir.marcusmillichap.com/news-events/press-releases/detail/342/marcus-millichap-inc-reports-results-for-fourth-quarter">President and CEO Hessam Nadji</a> states that the &ldquo;ongoing market disruption created by the Fed&rsquo;s fight against inflation and persistent interest rate volatility impacting real estate valuations&rdquo; negatively impacts the company&rsquo;s performance.&nbsp;



So, let&rsquo;s get into the gory details. FY 2023&rsquo;s revenue is down a full 50.4% YOY, reflected evenly across all its revenue sources. The year ended with a $0.88 net loss per share, compared to FY 2022&rsquo;s $2.59 profit.&nbsp;



Nadji states that the company is focused on maintaining a strong balance sheet and improving client relations. However, analysts aren&rsquo;t impressed with the news; MMI stock currently <a href="https://www.nasdaq.com/market-activity/stocks/mmi/analyst-research">has a sell rating</a>, which might be a good enough reason to tack MMI on your list of stocks to sell now.&nbsp;



<h2>Medifast (MED)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/healthcare-1600-300x169.jpg" alt="Nurse holding a tablet with icons representing different aspects of healthcare and healthcare data representing CANO stock. Healthcare Tech Stocks. Healthcare Stocks to Buy"><div>Source: metamorworks / Shutterstock</div></div>Known for being the parent company of OPTAVIA, one of the fastest-growing health and wellness communities, Medifast (NYSE:<a href="https://investorplace.com/stock-quotes/med-stock-quote/">MED</a>) provides a comprehensive approach to achieving lasting optimal health and well-being through clinically proven health benefits and evidence-based tools. These tools include a habit-creation framework guided by its independent coaches and supportive community.



The company also provides access to board-certified affiliated clinicians and medications that help treat obesity and other health conditions.



Medifast&rsquo;s FY 2023 report painted quite a bleak picture for the company. Revenue is down 32.9% YOY to $1.1 billion. The bottom line is no better, dropping from $12.73 per diluted share in FY 2022 to $9.10. Even on a non-GAAP basis, EPS is still 33.5% lower YOY.&nbsp;



&ldquo;We are realigning our business to respond to the evolving dynamics of the weight loss industry and to aggressively execute on bold initiatives to transform our business model,&rdquo; said <a href="https://ir.medifastinc.com/2024-02-20-Medifast-Announces-Fourth-Quarter-and-Full-Year-2023-Financial-Results">Chairman and CEO Dan Chard</a>.&nbsp;



Analysts maintain MED stock an &ldquo;<a href="https://www.nasdaq.com/market-activity/stocks/med/analyst-research">underperform</a>&rdquo; rating until things turn around. So when exactly is that?&nbsp;



&ldquo;This remains a challenging market,&rdquo; says Chard, &ldquo;and it will take time to navigate the transformational path that we are on.&rdquo;



In the meantime, investors holding onto Medifast stock might want to sell the stock and shop around for better prospects.



<h2>Worthington Enterprises (WOR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/manufacturing-1600-300x169.jpg" alt="Male and Female Industrial Engineers in Hard Hats Discuss New Project while Using Laptop. They Make Showing Gestures.They Work in a Heavy Industry Manufacturing Factory. manufacturing stocks"><div>Source: Gorodenkoff via Shutterstock</div></div>Worthington Enterprises (NYSE:<a href="https://investorplace.com/stock-quotes/wor-stock-quote/">WOR</a>) is a diversified manufacturing company that operates into two main business segments:



<ul><li>Consumer products: tools, celebrations and outdoor living products.</li>



<li>Building products: heating, water and cooling solutions.</li>
</ul>Worthington Enterprises is known for its focus on providing value-added steel processing and manufacturing. The company&rsquo;s product brand portfolio includes Coleman, Garden-Weasel, PowerCore and HALO. It also operates in lightweight, customizable LPG composite cylinders.&nbsp;



Worthington recently announced its FY 2024 results &mdash; and, in case you hadn&rsquo;t guessed, it&rsquo;s not pretty. Net sales dropped from $1.42 billion to $1.25 billion, a 12% decrease. While expenses were down for the year, the report still recorded a <a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx">$73.5 million operating loss</a>.&nbsp;



The company was profitable in FY 2024, but diluted EPS decreased from $5.19 to $2.20. While management is cautiously optimistic, analysts still rate WOR stock an &ldquo;<a href="https://www.nasdaq.com/market-activity/stocks/wor/analyst-research">underperform</a>.&rdquo; If you&rsquo;re holding on to the company, maybe it&rsquo;s time to consider WOR as an option in stocks to sell.&nbsp;



On the date of publication, Rick Orford did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Rick Orford is a Wall Street Journal best-selling author, investor, influencer, and mentor. His work has appeared in the most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/time-to-unload-3-stocks-in-deep-trouble-to-sell-now/">Time to Unload: 3 Stocks in Deep Trouble to Sell Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Time to Unload: 3 Stocks in Deep Trouble to Sell Now

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Understanding which stocks to sell is critical for protecting the downside, especially during market volatility. Identifying companies with weak fundamentals helps avoid potential losses. Here are three such companies countering fundamental adversities. 



The first company is experiencing declining gross profit and adjusted EBITDA.&nbsp;This&nbsp;is signaling operational inefficiencies and rising costs. Meanwhile, despite recent gross margin improvements, the second company needs consistent vehicle margins and cost management issues.&nbsp;This&nbsp;raises concerns about its long-term profitability. Finally, the third company&nbsp;is burdened&nbsp;by high infrastructure costs and declining gross margins.&nbsp;This impacts its financial stability despite cost-cutting measures.&nbsp;



Understanding these fundamental weaknesses allows sharp decisions on&nbsp;stocks to sell&nbsp;before the market drops. This proactive approach preserves the portfolio and positions it to capitalize on better opportunities. It ensures long-term financial growth and stability. Here, the focus is on each company&rsquo;s core financial standing. With that, one can strategically exit positions that are likely to underperform. Thereby, it leads to optimizing investment strategy and minimization of risks. In summary, timely positional action on these three stocks may lead to maintaining a solid investment portfolio.



<h2>Worthington Enterprises (WOR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/09/cobalt-300x169.jpg" alt="A close-up shot of a cobalt pile in front of a black background."><div>Source: Shutterstock</div></div>Worthington Enterprises (NYSE:<a href="https://investorplace.com/stock-quotes/wor-stock-quote/">WOR</a>) is a leading producer of industrial gases and metal products. It focuses on solutions for industries like automotive, construction and energy. However, recent performance indicates potential trouble. Gross profit for Q4 fiscal 2024 decreased to&nbsp;<a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx" target="_blank">$79 million&nbsp;</a>from $94 million in Q4 fiscal 2023. The gross margin decreased to 24.8% from 25.5%,&nbsp;indicating a marginal decline in profitability despite lower volumes. Adjusted EBITDA dropped considerably from $94 million in Q4 of 2023 to $63 million in Q4. With that, the trailing 12-month adjusted EBITDA&nbsp;<a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx" target="_blank">margin fell to 20.1%</a>.&nbsp;&nbsp;



Moreover, the drop in gross profit and adjusted EBITDA suggests higher costs or lower sales prices erode the bottom line. The trailing 12-month adjusted EBITDA margin points to the company&rsquo;s operational edge and profitability&nbsp;under pressure. As Worthington&rsquo;s&nbsp;<a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000108516/73543447-da9f-4d5a-b996-a4938a41704f.pdf" target="_blank">gross profit margins narrow,</a>&nbsp;adjusted EBITDA may continue to decline unless offset by rapid cost reductions and immediate efficiency improvements. Worthington Enterprises needs help managing costs and maintaining profitability amid declining sales. 



These financial difficulties highlight operational inefficiencies and higher costs. Therefore, Worthington Enterprises is a candidate among the hyped stocks to sell.



<h2>Xpeng (XPEV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/xpev1600-300x169.png" alt="Xpeng (XPEV) car logo in Shanghai International Automobile Industry Exhibition. EV stocks to Buy"><div>Source: THINK A / Shutterstock.com</div></div>Xpeng (NYSE:<a href="https://investorplace.com/stock-quotes/xpev-stock-quote/">XPEV</a>) is a Chinese electric vehicle (EV) manufacturer specializing in&nbsp;smart, connected vehicles. Despite recent improvements in gross margins, Xpeng faces considerable issues. These include vehicle margin variability and inefficiencies related to its P5 model. Xpeng&rsquo;s gross margin improved to 12.9% in Q1 2024 from&nbsp;<a href="https://ir.xiaopeng.com/system/files-encrypted/nasdaq_kms/assets/2024/05/21/5-30-50/XPENG%20Reports%20First%20Quarter%202024%20Unaudited%20Financial%20Results.pdf" target="_blank">6.2% in Q4 2023.</a>&nbsp;However, this improvement comes after considerable losses. Further, the increase in gross margin is partly due to cost reduction and improved product mix. However, inventory provisions and losses related to the P5 model offset these gains.&nbsp;



Indeed, the negative impact of 3.2 percentage points on vehicle margin due to the P5 model indicates potential inefficiencies in inventory and forecasting.&nbsp;This&nbsp;could adversely affect profitability if not managed carefully. The vehicle margin for&nbsp;<a href="https://ir.xiaopeng.com/system/files-encrypted/nasdaq_kms/assets/2024/05/21/5-30-50/XPENG%20Reports%20First%20Quarter%202024%20Unaudited%20Financial%20Results.pdf" target="_blank">Q1 2024 was 5.5%</a>, a solid improvement from negative 2.5% in Q1 2023. However, this margin was also subject to fluctuations, as observed about&nbsp;<a href="https://seekingalpha.com/article/4694811-xpeng-inc-xpev-q1-2024-earnings-call-transcript" target="_blank">4.1% in Q4 2023</a>. Indeed, the inconsistencies in vehicle margins point to potential issues in cost management and product profitability. Therefore, Xpeng is on the list of the hyped stocks to sell.



<h2>Snap (SNAP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/snap-stock-3-300x169.jpg" alt="Advertiser Appeal and Innovations Will Continue to Lift Snap Stock"><div>Source: Christopher Penler / Shutterstock.com</div></div>Snap (NYSE:<a href="https://investorplace.com/stock-quotes/snap-stock-quote/">SNAP</a>) operates as a multimedia messaging platform, Snapchat. The company focuses on social networking, AI and augmented reality. However, Snap counters considerable adversities due to its high infrastructure costs. In Q1 2024, the company&rsquo;s total adjusted cost of revenue was&nbsp;<a href="https://s25.q4cdn.com/442043304/files/doc_financials/2024/q1/Q1-24-Press-Release_FINAL-4-25-24.pdf" target="_blank">$570 million</a>,&nbsp;representing a 31% increase annually. While Snap has improved cloud infrastructure efficiency,&nbsp;the cost structure must be revised. The adjusted gross margin for Q1 2024 was 52%, down from 55% in the previous quarter and<a href="https://s25.q4cdn.com/442043304/files/doc_financials/2024/q1/Q1-24-Press-Release_FINAL-4-25-24.pdf" target="_blank">&nbsp;56% a year prior</a>. High operational costs place a considerable strain on profitability. They may hinder Snap&rsquo;s fundamental ability to scale rapidly while maintaining a prolonged growth trajectory.



Additionally, Snap has implemented various cost-cutting measures, including a restructuring initiative,&nbsp;resulting in a 7% reduction in headcount annually. However, adjusted operating expenses in Q1 2024&nbsp;amounted to&nbsp;<a href="https://s25.q4cdn.com/442043304/files/doc_financials/2024/q1/Transcript-2024-Q1-Earnings-Call.pdf" target="_blank">$579 million</a>,&nbsp;reflecting a 5% increase from the previous year. Personnel costs increased by 4% annually, driven primarily by higher costs per full-time employee despite a reduction in team size.



In short, the company has&nbsp;been burdened&nbsp;by high infrastructure costs and declining gross margins. Thus, Snap is a high pick among top hyped stocks to sell.



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/sell-alert-3-hyped-stocks-to-dump-before-the-market-drops/">Sell Alert: 3 Hyped Stocks to Dump Before the Market Drops</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Sell Alert: 3 Hyped Stocks to Dump Before the Market Drops

Worthington Armstrong JV expands solutions for data centers with acquisition

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
In today&rsquo;s unpredictable stock market, investors must discern which stocks to sell to protect their portfolios. The focus here is on three companies facing significant challenges that suggest they may be candidates for the stocks to sell list. Each company experiences fundamental weaknesses that could impact its future performance.



For instance, a player in the semiconductor equipment industry relies heavily on a single market, which exposes one company to market volatility and restricts growth opportunities. Similarly, a diversified metal manufacturer struggles with declining sales volumes and operational inefficiencies, leading to substantial financial losses. Meanwhile, a global leader in personal care products can face revenue impacts from foreign currency fluctuations and adverse consumer sentiment in critical markets.



Finally, learning these challenges points to why specific stocks might be less favorable for investment. Analyzing each company&rsquo;s issues can help make sharper investment decisions, potentially avoiding pitfalls and optimizing portfolios.&nbsp;



<h2>Axcelis (ACLS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600e-300x169.jpg" alt="semiconductor stocks Close-up electronic circuit board. technology style concept. representing semiconductor stocks. top semiconductor stocks to buy now. semiconductor stocks to sell"><div>Source: Shutterstock</div></div>Axcelis (NASDAQ:<a href="https://investorplace.com/stock-quotes/acls-stock-quote/">ACLS</a>) designs and manufactures ion implantation equipment for semiconductor chips. Axcelis&rsquo; revenue depends heavily on the mature segment,&nbsp;<a href="https://investor.axcelis.com/news-releases/news-release-details/axcelis-announces-financial-results-second-quarter-2024" target="_blank">making up 98%</a>&nbsp;of total system revenue. This concentration is a significant weakness, exposing the company to market volatility. It also limits growth potential in other emerging segments.



Axcelis relies on power applications, including silicon carbide and&nbsp;silicon&nbsp;insulated-gate bipolar transistors (IGBTs). General Mature and image sensors also contribute, indicating a lack of diversification. In Q2, Axcelis reported&nbsp;<a href="https://investor.axcelis.com/news-releases/news-release-details/axcelis-announces-financial-results-second-quarter-2024" target="_blank">$199 million</a>&nbsp;from the Mature segment, forming 98% of the $257 million total system revenue.&nbsp;



Moreover, silicon carbide applications show strong demand due to EV market growth. However, silicon applications (IGBT) have shown softness, potentially affecting future revenue. Any downturn in the mature segment could severely impact Axcelis&rsquo; overall revenue.&nbsp;<a href="https://seekingalpha.com/article/4709193-axcelis-technologies-inc-acls-q2-2024-earnings-call-transcript" target="_blank">Advanced&nbsp;Logic&nbsp;comprises only 2%</a>&nbsp;of total system revenue, restricting growth in lucrative markets. The underpenetration in advanced&nbsp;logic&nbsp;presents a weakness. Slow progress in this segment limits the company&rsquo;s ability to capitalize on technological advancements.&nbsp;



Overall, Axcelis is on the list of stocks to sell due to its heavy reliance on the mature segment. This reliance exposes the company to market volatility and limits growth in emerging segments.



<h2>Worthington Enterprises (WOR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/manufacturing-1600-300x169.jpg" alt="Male and Female Industrial Engineers in Hard Hats Discuss New Project while Using Laptop. They Make Showing Gestures.They Work in a Heavy Industry Manufacturing Factory. manufacturing stocks"><div>Source: Gorodenkoff via Shutterstock</div></div>Worthington Enterprises (NYSE:<a href="https://investorplace.com/stock-quotes/wor-stock-quote/">WOR</a>) is a diversified metal manufacturing company. They produce steel processing, pressure cylinders, and engineered cabs. For Q4 of fiscal 2024, Worthington reported net sales of $318.8 million, marking a decline of&nbsp;<a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx" target="_blank">$50 million</a>, or 13.6%, from $368.8 million in the prior year quarter. Lower volumes across all segments caused this decrease. The decline indicates weakened demand for the company&rsquo;s products. Moreover, Worthington reported an operating loss of&nbsp;<a href="https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Reports-Fourth-Quarter-Fiscal-2024-Results/default.aspx" target="_blank">$56.1 million</a> for Q4.&nbsp;This&nbsp;is a significant shift from an operating income of $15.3 million in the prior year quarter.



Further, impairment and restructuring charges primarily drove this unfavorable $71.4 million shift. The substantial operating loss highlights inefficiencies in managing operating costs. Adjusted earnings from continuing operations were $0.74 per share in the current quarter.&nbsp;This&nbsp;is down from&nbsp;<a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000108516/73543447-da9f-4d5a-b996-a4938a41704f.pdf" target="_blank">$1.19</a>&nbsp;per share in Q4 of the previous year, a 37.8% decrease and the lower adjusted EPS reflects reduced profitability. Declining sales volumes and significant operational inefficiencies pose a challenge. The substantial operating loss further impacts profitability. Hence, these factors undermine investor confidence and hinder attracting new investment. 



Finally, these issues flag Worthington Enterprises on the list of stocks to sell. The company needs help in sustaining revenue growth and managing costs effectively.



<h2>Nu Skin (NUS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/04/cosmetics-beauty-products-300x169.jpg" alt="a collection of various cosmetic products on a black table"><div>Source: Africa Studio/Shutterstock.com</div></div>Nu Skin (NYSE:<a href="https://investorplace.com/stock-quotes/nus-stock-quote/">NUS</a>) is a global direct selling company, specializing in personal care products and dietary supplements. Nu Skin&rsquo;s financial performance faces challenges from foreign currency fluctuations. In the first quarter, revenue dropped due to a&nbsp;<a href="https://www.nuskin.com/content/corpcom/en_US/newsroom/press_releases1/2024/nu-skin-enterprises-reports-first-quarter-results.html" target="_blank">$18.2 million</a> currency loss. This trend may continue, with a 2% to 3% currency headwind projected for 2024. Currency fluctuations reduce revenue and profitability.&nbsp;This&nbsp;makes rapid growth difficult, especially in volatile international markets.



Further, consumer sentiment is another significant challenge for Nu Skin. Key markets like South Korea and Japan are affected. South Korea&rsquo;s housing market crisis negatively impacts consumer sentiment. In Japan, significant FX pressure complicates growth. These factors hinder customer base expansion and sales channel growth.



Additionally, Nu Skin is trying to improve margins and reduce expenses and achieved a&nbsp;<a href="https://www.nuskin.com/content/corpcom/en_US/newsroom/press_releases1/2024/nu-skin-enterprises-reports-first-quarter-results.html" target="_blank">0.5% improvement</a>&nbsp;in gross margin. Selling expenses as a percentage of&nbsp;<a href="https://finance.yahoo.com/news/nu-skin-enterprises-inc-nyse-140303594.html" target="_blank">revenue decreased by 2.3%</a>. However, general and administrative expenses increased as a percentage of revenue. Restructuring charges highlight ongoing difficulties in maintaining growth momentum. 



Nu Skin is considered a stock to sell. Foreign currency fluctuations significantly impact revenue growth, and challenges in consumer sentiment in&nbsp;key&nbsp;markets hinder sales and profitability.



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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Worthington Enterprises

Worthington Enterprises (WOR) Forecast

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