Why Worthington Industries (WOR) Stock Is Up Today

NEW YORK (TheStreet) -- Shares of Worthington Industries, Inc.  (WOR) are up 0.59% to $42.62 after KeyBanc (KEY) raised its price target to $48.00 from $46.00, and lifted its fiscal year 2016 earnings per share estimate to $3.15 from $3.08.

However, Keybanc lowered its fiscal year 2015 earnings per share estimate to $2.60 from $2.75 on weaker near-term momentum.

Must ReadWarren Buffett's 25 Favorite Stocks

Separately,TheStreet Ratings team rates WORTHINGTON INDUSTRIES as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate WORTHINGTON INDUSTRIES (WOR) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

If you liked this article you might like

The Dow Gets Thrashed

Stock Futures Mixed as Walgreens, Rite Aid Strike a New Deal

Boost in Small-Business Confidence Is a Big Deal: Cramer's 'Mad Money' Recap