WS Worthington Steel, Inc.
XNYS
38.92
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
WS
$38.92
—
What changed
Recent filings, trades and movesKey stats
$38.92
- 52-Week Range
- $27.22 – $49.17
- YTD
- +10.76%
- IV Rank (30D)
- 40.11
- Straddle Price
- $0.00
- P/C Vol Ratio
- 4.75
- Market Cap
- $1.9B
- Open
- $37.91
- Day Range
- $37.17 – $39.33
- Volume
- 229,628
- Prev Close
- $36.72
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 1.46 |
| Cost of Equity (CAPM) | 12.17% (VRP-adj) |
| WACC | 9.29% |
| Volatility Risk Premium | +2.7pp (IV − HV30), ERP adj -1bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.1B |
| Return on Equity (TTM) | -3.7% |
| Book / Price | 89.1% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 10.4% |
| FCF Margin (TTM) | 1.2% |
| Debt / Equity | 1.02 |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | +24.2% (reverse-DCF on current price) |
| SMA 50 | $37.16 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $40.26 |
| Bollinger Width / SMA20 | 17.9% (drives anchor stability) |
| Net Debt | $1.4B |
| Market Cap | $2B |
Peers used for multiples: BCPC, CE, EMN, ESI, HCC, MTRN, NUE, SXT
60-Day Conviction
95%
20-Day Fair Value
≈ by Dec 8, 2026
$39.42
α +1.3%
rank 60%
conviction
76%
40-Day Fair Value
≈ by Jan 6, 2027
$41.17
α +5.8%
rank 86%
conviction
98%
60-Day Fair Value
≈ by Feb 4, 2027
$41.44
α +6.5%
rank 87%
conviction
95%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $61.10 | 24% | |
| DDM (Gordon) | $11.72 | 19% | |
| Peer P/E | n/a | 0% | median 25.1× · 8 peers |
| Peer EV/EBITDA | $31.20 | 7% | median 13.4× · 8 peers |
| Peer P/B | $83.79 | 9% | median 2.6× · 8 peers |
| Peer P/S | $222.02 | 9% | median 1.9× · 8 peers |
| Market Anchor (SMA50) | $37.16 | 31% | stability 65% (BB-width) |
| Options Expected (B-L 30d) | $37.39 | 0% | 5 strikes · skew -0.01 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS (3310) · industry map
- Exchange
- XNYS
- Market Cap
- $1.9B
- Employees
- 5,400
- List Date
- 2023-11-28
- CIK
- 0001968487
- Next Earnings
- 2026-12-16 (After-Close)
- EPS Forecast
- $0.84
- Headquarters
- Columbus, OH
- Homepage
- https://www.worthingtonsteel.com
Worthington Steel Inc is a value-added metals processors with the ability to provide a diversified products and services that span a variety of end markets. It is a value-added processor of carbon flat-rolled steel and a producer of laser welded solutions and electrical steel laminations. It is one of the independent intermediate processors of carbon flat-rolled steel in the U.S. It occupy a niche in the steel industry by focusing on products requiring exact specifications. The company has one operating and reportable segment. It has presence in United States, Canada, Mexico, and Rest of world…
Summary
—
composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 11.38% | -7.48% | 14.48% | 6.13% |
| Feb | -- | 4.01% | -5.26% | -1.61% | -0.95% |
| Mar | -- | 15.38% | -2.35% | -27.96% | -4.98% |
| Apr | -- | -14.78% | 1.10% | 23.65% | 3.32% |
| May | -- | 9.31% | -3.04% | 7.71% | 4.66% |
| Jun | -- | 0.21% | 15.84% | -21.30% | -1.75% |
| Jul | -- | 22.15% | -0.75% | 11.31% | 10.90% |
| Aug | -- | -3.91% | 11.67% | -5.41% | 0.78% |
| Sep | -- | 5.52% | -6.12% | 3.59% | 1.00% |
| Oct | -- | 13.37% | 2.56% | 11.92% | 9.28% |
| Nov | -- | 19.19% | 6.20% | -6.91%* | 6.16% |
| Dec | 26.58% | -30.19% | 1.26% | -- | -0.78% |
| Total | 26.58% | 45.78% | 11.54% | -3.35% | 20.14% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $40.30
SMA 50: $37.26
SMA 200: $37.63
Current: $38.92
EMA 12: $39.46
EMA 26: $39.14
MACD: 0.3211 | Signal: -0.6230
BULLISH
ADX (14): 22.41
WEAK TREND
+DI: 23.37
−DI: 24.25
Momentum Oscillators
RSI (14): 49.45
NEUTRAL
Stoch %K: 16.24
Stoch %D: 18.81
Williams %R: -62.36
Volume & Volatility
BB Upper: $43.82
BB Lower: $36.79
NEUTRAL
OBV: -154,757
Vol SMA 20: 419,155
Vol ROC: -49.85%
ATR: $2.33
True Range: $2.61
HV 20: 60.1%
HV 30: 61.6%
HV 60: 52.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis
Written before WS’s Oct 6 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report
Executive Summary
Overall Assessment: BEARISH (Confidence Level: 6/10)
Key Drivers:
- Technical indicators suggest a bearish trend, with MACD indicating a strong bearish momentum
- High volatility and beta >1.5 indicate high risk
- Recent news headlines have been mostly negative, contributing to the bearish sentiment
Primary Risks:
- Potential breakdown below $30.70 support level
- Increasing volatility could lead to greater price swings
Investment Thesis:
WS stock is poised for further decline due to technical and fundamental factors. The stock's high beta and increasing volatility make it a high-risk investment, and the recent negative news headlines have contributed to the bearish sentiment.
Recent News Sentiment Impact:
The majority of recent news headlines have been negative, with only one positive headline about Worthington Steel's deal. This has had a bearish impact on the stock price.
Technical Analysis
Trend Direction: Bearish (Short-term and Medium-term)
Support/Resistance Levels:
- Upper Bollinger Band: $37.72
- Middle Bollinger Band: $34.21
- Lower Bollinger Band: $30.70
- Support Level 1: $35.18 (EMA 12)
- Resistance Level 1: $38.19 (SMA 50)
Momentum Signals:
- RSI: Neutral (50.71), no clear buy/sell signal
- MACD: Bearish momentum, strong bearish signal
- Bollinger Bands: Price is touching the upper band, indicating overbought conditions
Volume Analysis:
- Volume SMA 20: 328711.95 (decreasing)
- On-Balance Volume (OBV): 1874406.84 (increasing)
- Volume Rate of Change: -4.04% (negative)
News & Sentiment Analysis
Recent Headlines Summary:
The majority of recent news headlines have been negative, with themes around market volatility, earnings misses, and regulatory issues.
Sentiment Assessment:
Aggregate sentiment is mostly bearish, with only one positive headline about Worthington Steel's deal.
Catalyst Identification:
No clear catalysts identified in the recent news headlines. However, the upcoming earnings report could be a key event that drives price movement.
Market Narrative:
The market narrative is that WS stock is experiencing high volatility and declining prices due to bearish technical indicators and negative news sentiment.
Risk & Volatility Assessment
Risk Assessment:
- Beta: 1.66 (high risk)
- Volatility Regime: High
- Options Market Signals: IV rank at 40.8% indicates medium volatility
Downside Protection:
Support levels are present at $30.70, but the stock is at risk of breaking below this level due to its high beta and increasing volatility.
Market Context & Positioning
Sector Performance:
WS is underperforming its sector peers.
Institutional Activity:
Volume patterns suggest institutional interest in selling the stock.
Correlation Analysis:
WS has a moderate correlation with the market (R-squared = 0.46), indicating that it tends to follow the broader market's movements.
Relative Valuation:
The stock is trading within a trading range, but its relative strength index suggests it may be overbought.
Key Levels & Action Items
Critical Price Levels:
- Support Level 1: $35.18 (EMA 12)
- Resistance Level 1: $38.19 (SMA 50)
Breakout/Breakdown Levels:
- Breakout above $37.72 (Upper Bollinger Band) could trigger a bullish signal
- Breakdown below $30.70 (Lower Bollinger Band) could trigger a bearish signal
Time-Sensitive Catalysts:
No time-sensitive catalysts identified in the recent news headlines.
Risk Management:
Stop-loss levels should be set at $32.50, and position sizing should be adjusted accordingly based on the stock's high volatility.
**Please note that this report is for informational purposes only and should not be used as a basis for investment decisions. It is recommended to consult with a financial advisor or conduct further research before making any investment decisions.
Generated
News
All WS news →
Earnings History
10 of 10 under expected move
Avg Expected Move
12.78%
Avg Actual Move
4.32%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2024-06-28 | After-Close | 11.02% | 2.16% | 0.20x | Within |
| 2024-09-30 | Pre-Market | 8.16% | 2.78% | 0.34x | Within |
| 2024-12-20 | After-Close | 13.49% | 7.18% | 0.53x | Within |
| 2025-03-21 | Pre-Market | 8.79% | 6.06% | 0.69x | Within |
| 2025-06-27 | After-Close | 9.37% | 6.87% | 0.73x | Within |
| 2025-09-29 | After-Close | 13.79% | 0.23% | 0.02x | Within |
| 2025-12-19 | Pre-Market | 10.96% | 0.83% | 0.08x | Within |
| 2026-03-25 | Pre-Market | 22.40% | 3.18% | 0.14x | Within |
| 2026-06-24 | After-Close | 14.83% | 7.04% | 0.47x | Within |
| 2026-10-06 | After-Close | 14.99% | 6.89% | 0.46x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
WS Options Activity & IV Rank
WS IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 61.0%
7-DTE IV: 62.1%
Expected Move: $0.00
7-DTE Move: $3.57
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 60
Put Volume: 285
P/C Volume: 4.75
BEARISH
Call OI: 195
Put OI: 460
P/C OI: 2.359
Total OI: 655
ATM Options Pricing
ATM Call: $0.00
ATM Put: $0.00
Call %: 0.0%
Put %: 0.0%
Chain Summary
Chain Volume: 345
Chain OI: 655
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 79th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
79%
vs own history
GEX tilt
+0.69
OI-weighted, today
Vanna tilt
+1.00
δ-sensitivity to IV
Charm tilt
-1.00
δ-decay vs time
Vanna tilt +1.00: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -1.00: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 4 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)12.0LowNov 9
IV Rank (30 DTE)40.1MediumNov 9
Straddle Price (30 DTE)$0.00Nov 9
Beta Analysis
Risk Metrics
Beta: 1.7043
Alpha: 11.78%
Correlation: 0.4847
R-Squared: 23.5%
Stock Volatility: 48.3%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own WS
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $6.4M | #1311 of 3138 | +2.5% | 13F | |
| Citadel Hedge fund Ken Griffin | $4.2M | #2228 of 6285 | +181.7% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $43K | #3433 of 4729 | -2.2% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
WS Institutional Ownership (13F)
Filings for 2026-06-30 · 105 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 50,650,000 (as of 2026-08-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
2 filers$405.11K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $359.31K | 88.69% | 2026-06-30 |
| 2 | Simplex Trading, LLC Custodian | $45.80K | 11.31% | 2026-09-30 |
2 filers$419.91K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $416.39K | 99.16% | 2026-06-30 |
| 2 | Simplex Trading, LLC Custodian | $3.52K | 0.84% | 2026-09-30 |
WS Insider Trading (Form 4)
Latest: 2026-10-28Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-28 | George John Ganem III | CEO Americas Kloeckner Metals | Buy (P) | +800 | $39.37 | $31.5K | EDGAR |
| 2026-10-28 | Joseph Heuer | General Counsel | Tax (F) | −1,441 | $42.23 | -$60.9K | EDGAR |
| 2026-10-21 | Clifford Larivey | President Flat Rolled Stl Proc | Sell (S) | −7,168 | $40.18 | -$288.0K | EDGAR |
| 2026-10-19 | Clifford Larivey | President Flat Rolled Stl Proc | Sell (S) | −19,470 | $40.30 | -$784.6K | EDGAR |
| 2026-10-13 | Sidney A Ribeau | Director | Award (A) | +5,625 | — | EDGAR | |
| 2026-10-13 | Charles M Chiappone | Director | Award (A) | +5,625 | — | EDGAR | |
| 2026-10-13 | Joseph Heuer | General Counsel | Award (A) | +5,485 | — | EDGAR | |
| 2026-10-13 | Scott J Kelly | Director | Award (A) | +5,625 | — | EDGAR | |
| 2026-10-13 | John B Blystone | Executive Chairman | Award (A) | +7,086 | — | EDGAR | |
| 2026-10-13 | Clifford Larivey | President Flat Rolled Stl Proc | Award (A) | +4,642 | — | EDGAR | |
| 2026-10-13 | John H McConnell II | Director | Award (A) | +5,625 | — | EDGAR | |
| 2026-10-13 | Nancy G. Mistretta | Director | Award (A) | +5,625 | — | EDGAR | |
| 2026-10-13 | Timothy A Adams | Chief Financial Officer | Award (A) | +6,494 | — | EDGAR | |
| 2026-10-13 | Mary Fackler Schiavo | Director | Award (A) | +5,625 | — | EDGAR | |
| 2026-10-13 | Geoffrey G Gilmore | President and CEO | Award (A) | +17,084 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
WS Insider Holdings
17 insiders · @ $38.92
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Geoffrey G Gilmore | President and CEO | 366,050 | $14.25M | $0 | 13 | 2026-10-13 |
| 2 | John B Blystone | Executive Chairman | 249,043 | $9.69M | $0 | 7 | 2026-10-13 |
| 3 | Jeffrey R Klingler | Chief Operating Officer | 117,075 | $4.56M | -$886.7K | 14 | 2026-10-13 |
| 4 | Mary Fackler Schiavo | Director | 102,404 | $3.99M | $0 | 7 | 2026-10-13 |
| 5 | Sidney A Ribeau | Director | 84,468 | $3.29M | $0 | 4 | 2026-10-13 |
| 6 | Timothy A Adams | Chief Financial Officer | 59,970 | $2.33M | -$100.1K | 13 | 2026-10-13 |
| 7 | John H McConnell II | Director | 49,037 | $1.91M | $0 | 4 | 2026-10-13 |
| 8 | Steven R Witt | Controller | 38,137 | $1.48M | $0 | 8 | 2025-06-30 |
| 9 | George P Stoe | Director | 29,516 | $1.15M | $0 | 4 | 2026-10-13 |
| 10 | Mark C Davis | Director | 26,844 | $1.04M | $0 | 3 | 2026-10-13 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
WS Board & Officers
As of SEC filings through Oct 28, 2026Directors 11
- Charles M Chiappone · since Dec 1, 2023
- George P Stoe · since Dec 1, 2023
- John B Blystone · since Dec 1, 2023
- John H McConnell II · since Dec 1, 2023
- Jon J Bowsher · since Dec 1, 2023
- Mary Fackler Schiavo · since Dec 1, 2023
- Nancy G. Mistretta · since Dec 1, 2023
- Sidney A Ribeau · since Dec 1, 2023
- Geoffrey G Gilmore · listed since Dec 2023
- Scott J Kelly · since Dec 18, 2024
- Mark C Davis · since Jun 25, 2025
Officers 9
- Geoffrey G Gilmore · President and CEO · since Nov 16, 2023
- George John Ganem III · CEO Americas Kloeckner Metals · since Jun 3, 2026
- Guido Kerkhoff · CEO Kloeckner & Co. SE · since Jun 3, 2026
- Clifford Larivey · President Flat Rolled Stl Proc · since Dec 18, 2024
- Timothy A Adams · Chief Financial Officer · listed since Dec 2023
- Jeffrey R Klingler · Chief Operating Officer · listed since Dec 2023
- Joseph Heuer · General Counsel · since Feb 19, 2024
- John B Blystone · Executive Chairman · listed since Dec 2023
- Gwen Joseph · Corporate Controller · since Jun 23, 2026
Changes in the last 10 years (30)
| Jun 23, 2026 | The company announced the departure of Steven R Witt as Controller in an SEC filing |
| Jun 23, 2026 | Gwen Joseph became Corporate Controller |
| Jun 3, 2026 | Guido Kerkhoff became CEO Kloeckner & Co. SE |
| Jun 3, 2026 | George John Ganem III became CEO Americas Kloeckner Metals |
| Jun 25, 2025 | Mark C Davis became a director |
| Jun 24, 2025 | The company announced the departure of Carl A Nelson Jr from the board in an SEC filing |
| Dec 18, 2024 | Scott J Kelly became a director |
| Dec 18, 2024 | Clifford Larivey became President Flat Rolled Stl Proc |
| Feb 19, 2024 | Joseph Heuer became General Counsel |
| Jan 22, 2024 | The company announced the departure of Michaune D Tillman as VP, General Counsel and Secy in an SEC filing |
| Dec 27, 2023 | Timothy A Adams listed as Chief Financial Officer (previously VP, Chief Financial Officer) in SEC filings |
| Dec 27, 2023 | John B Blystone first listed as Executive Chairman in an SEC filing |
| Dec 27, 2023 | Jeffrey R Klingler listed as Chief Operating Officer (previously Exec VP and Chief Oper Ofcr) in SEC filings |
| Dec 5, 2023 | Geoffrey G Gilmore first listed as a director in an SEC filing |
| Dec 1, 2023 | Sidney A Ribeau became a director |
| Dec 1, 2023 | Nancy G. Mistretta became a director |
| Dec 1, 2023 | Mary Fackler Schiavo became a director |
| Dec 1, 2023 | Jon J Bowsher became a director |
| Dec 1, 2023 | John P/oh McConnell became a 10% owner |
| Dec 1, 2023 | John H McConnell II became a director |
| Dec 1, 2023 | John B Blystone became a director |
| Dec 1, 2023 | George P Stoe became a director |
| Dec 1, 2023 | Charles M Chiappone became a director |
| Nov 28, 2023 | Carl A Nelson Jr became a director |
| Nov 16, 2023 | Worthington Enterprises, Inc. became a 10% owner |
| Nov 16, 2023 | Timothy A Adams became VP, Chief Financial Officer |
| Nov 16, 2023 | Steven R Witt became Controller |
| Nov 16, 2023 | Michaune D Tillman became VP, General Counsel and Secy |
| Nov 16, 2023 | Jeffrey R Klingler became Exec VP and Chief Oper Ofcr |
| Nov 16, 2023 | Geoffrey G Gilmore became President and CEO |
Not reported recently (2)
- John P/oh McConnell · Last reported as a 10% owner in an SEC filing dated Dec 11, 2023
- Worthington Enterprises, Inc. · Last reported as a 10% owner in an SEC filing dated Dec 5, 2023
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
WS Proposed Insider Sales (Form 144)
Latest: 2026-10-06
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $1.0M notice value
· 1 unique filer
· 100% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
CLIFFORD LARIVEY (1, $1.0M)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-06 | CLIFFORD LARIVEY | Officer | 26,838 | $1.05M | 2026-10-06 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-06-01 | JEFFREY KLINGLER | Officer | 20,236 | $853.8K | 2026-06-01 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-06-01 | TIM A ADAMS | Officer | 2,367 | $99.9K | 2026-06-01 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-05-22 | CLIFFORD LARIVEY | Officer | 11,105 | $433.1K | 2026-05-22 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2024-04-25 | Nelson Carl A Jr | Director | 12,000 | — | 2024-04-25 | BNY Capital Markets, LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-10-23
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-10-23 | Regulation FD disclosure | EDGAR |
| 2026-10-21 | Regulation FD disclosure | EDGAR |
| 2026-10-07 | Earnings results · Other events | EDGAR |
| 2026-09-24 | Shareholder vote results | EDGAR |
| 2026-09-08 | Material agreement · Regulation FD disclosure | EDGAR |
| 2026-07-15 | Regulation FD disclosure | EDGAR |
| 2026-06-30 | Material agreement · Agreement terminated · New debt obligation | EDGAR |
| 2026-06-25 | Earnings results · Director or officer change · Other events | EDGAR |
| 2026-06-03 | Acquisition or sale completed · Regulation FD disclosure | EDGAR |
| 2026-06-02 | Material agreement · New debt obligation · Other events | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-07-30 | 0001968487-26-000026 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-10-13 | 0001968487-26-000036 | EDGAR |
ETF Holders
101 ETFs hold WS
25 shown · $418.75M total exposure · 0.08% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.07% | $72.5M | $103.8B | 2026-11-06 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $42.7M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.04% | $31.7M | $76.6B | 2026-11-06 |
| 4 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.02% | $30.3M | — | 2026-09-30 |
| 5 | XME State Street® SPDR® S&P® Metals & Mining ETF | SPDR (State Street) | 0.79% | $26.5M | $3.4B | 2026-11-05 |
| 6 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.09% | $25.4M | — | 2026-11-05 |
| 7 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.07% | $21.3M | — | 2026-11-05 |
| 8 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.06% | $20.7M | $31.6B | 2026-11-05 |
| 9 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.03% | $19.7M | — | 2026-09-30 |
| 10 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.04% | $13.2M | — | 2026-11-05 |
| 11 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $13.0M | — | 2026-09-30 |
| 12 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.08% | $11.6M | $13.9B | 2026-11-06 |
| 13 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.07% | $10.7M | $15.7B | 2026-11-05 |
| 14 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.13% | $10.0M | $7.5B | 2026-11-06 |
| 15 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.14% | $9.3M | $6.6B | 2026-11-05 |
| 16 | BSVO EA Bridgeway Omni Small-Cap Value ETF | Nport | 0.34% | $8.1M | — | 2026-06-30 |
| 17 | FNDA Schwab Fundamental U.S. Small Company ETF | Nport | 0.09% | $8.1M | — | 2026-08-31 |
| 18 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.01% | $7.3M | — | 2026-11-05 |
| 19 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.04% | $6.8M | — | 2026-09-30 |
| 20 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.13% | $6.3M | $4.9B | 2026-11-05 |
| 21 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.02% | $5.3M | — | 2026-08-31 |
| 22 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.07% | $5.2M | — | 2026-11-05 |
| 23 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.00% | $4.6M | — | 2026-09-30 |
| 24 | RWJ Invesco S&P SmallCap 600 Revenue ETF | Invesco | 0.23% | $4.6M | — | 2026-11-05 |
| 25 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.07% | $4.1M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-0.76
TTM Revenue
$5.30B
TTM Net Income
$-38.30M
TTM Op. Cash Flow
$217.00M
Quarterly figures (11 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '27 | 2026-08-31 | $2.73B | $-10.00M | $-0.20 | $9.50M |
| Q4 '26 | 2026-05-31 | $929.20M | $-57.50M | $-1.13 | $44.90M |
| Q3 '26 | 2026-02-28 | $769.80M | $10.40M | $0.20 | $63.30M |
| Q2 '26 | 2025-11-30 | $871.90M | $18.80M | $0.37 | $99.30M |
| Q1 '26 | 2025-08-31 | $872.90M | $36.80M | $0.73 | $-6.30M |
| Q4 '25 | 2025-05-31 | $832.90M | $55.70M | $1.10 | $53.90M |
| Q3 '25 | 2025-02-28 | $687.40M | $13.80M | $0.27 | $53.80M |
| Q2 '25 | 2024-11-30 | $739.00M | $12.80M | $0.25 | $68.00M |
| Q1 '25 | 2024-08-31 | $834.00M | $28.40M | $0.56 | $54.60M |
| Q4 '24 | 2024-05-31 | $911.00M | $53.20M | $1.06 | $35.60M |
| Q3 '24 | 2024-02-29 | $805.80M | $49.00M | $0.98 | $44.70M |
Q1 2027 • period ending 2026-08-31 • filed 2026-10-13
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
1.20
P/S
0.37
EV/EBITDA
16.74
EV/Sales
0.64
ROE
-2.3%
ROA
-0.6%
Div Yield
1.74%
FCF Yield
11.01%
Debt/Equity
1.02
Current Ratio
—
Market Cap
$1.97B
as of 2026-11-09
WS vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| NUE Nucor Corporation | $55.6B | 19.9 | +17.2% | +47.1% | 60 |
| ESI Element Solutions Inc. | $7.6B | 38.8 | +39.6% | +27.1% | 19 |
| EMN Eastman Chemical Company | $7.4B | 11.6 | +0.3% | +1.6% | 34 |
| BCPC Balchem Corporation | $5.6B | 54.3 | +464.7% | +14.3% | 10 |
| CE Celanese Corporation Common Stock | $5.1B | 20.6 | +1.6% | +15.6% | 12 |
| SXT Sensient Technology Corporation | $5.1B | 30.6 | +9.5% | +30.2% | 11 |
| HCC Warrior Met Coal, Inc. | $4.4B | 20.7 | +37.5% | −4.1% | 30 |
| MTRN Materion Corporation | $3.9B | 41.4 | +28.1% | +57.3% | 0 |
| WS Worthington Steel, Inc. | $1.9B | — | +69.1% | +10.8% | 40 |
| Peer median | $5.3B | 25.6 | +22.6% | +21.3% | 16 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.93M
SI % of Float
5.96%
Days to Cover
3.14
Short Vol Ratio
58.5%
Free Float
32.41M
Float %
63.6%
Short interest 2026-10-15 • Short volume 2026-11-09 • Float 2026-08-24