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World Kinect Corporation (WKC)
:WKC
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WKC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$21.38 - $31.71
Previous CloseN/A
Volume52.33K
Average Volume (3M)872.12K
Market Cap
$1.63B
Enterprise Value$2.35B
Total Cash (Recent Filing)$698.60M
Total Debt (Recent Filing)$1.17B
Price to Earnings (P/E)12.5
Beta1.23
Next Earnings
Feb 20, 2025EPS Estimate
0.55Last Dividend Ex-Date
Dec 23, 2024Dividend Yield2.42%
Share Statistics
EPS (TTM)2.25
Shares Outstanding58,077,534
10 Day Avg. Volume605,117
30 Day Avg. Volume872,119
Standard Deviation0.11
R-Squared0.34
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.04
Price to Cash Flow (P/CF)-10.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.44
Enterprise Value/Revenue0.05
Enterprise Value/Gross Profit2.22
Enterprise Value/Ebitda6.40
Forecast
1Y Price Target
$29.67Price Target Upside5.70% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering3
World Kinect News
Bulls Say, Bears Say
Bulls Say
Dividend GrowthWorld Kinect increased its quarterly dividend by 21%, reflecting a strong commitment to returning value to shareholders and demonstrating a 14% compound annual growth rate in dividends from 2020 to 2023.
Gross Profit TargetWorld Kinect targets a gross profit range of $265 million to $274 million, driven by improved operating leverage and anticipating a significant sequential increase.
Share RepurchaseWorld Kinect Corporation added $200 million to its share repurchase authorization, resulting in a total potential buyback of approximately $308 million.
Bears Say
EarningsFinancial results did not meet consensus expectations, impacting the investment outlook.
Financial PerformanceFree Cash Flow (Before Dividend) showed a significant negative variance from expectations.
LeverageNet Debt / EBITDA ratio was higher than anticipated, indicating increased leverage.
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Ownership Overview
3.29% Insiders
31.10% Mutual Funds
3.36% Other Institutional Investors
22.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
WKC FAQ
What was World Kinect Corporation’s price range in the past 12 months?
World Kinect Corporation lowest stock price was $21.38 and its highest was $31.70 in the past 12 months.
What is World Kinect Corporation’s market cap?
World Kinect Corporation’s market cap is $1.63B.
When is World Kinect Corporation’s upcoming earnings report date?
World Kinect Corporation’s upcoming earnings report date is Feb 20, 2025 which is in 28 days.
How were World Kinect Corporation’s earnings last quarter?
World Kinect Corporation released its earnings results on Oct 24, 2024. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.619 by $0.001.
Is World Kinect Corporation overvalued?
According to Wall Street analysts World Kinect Corporation’s price is currently Undervalued.
Does World Kinect Corporation pay dividends?
World Kinect Corporation pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 2.42%. See more information on World Kinect Corporation dividends here
What is World Kinect Corporation’s EPS estimate?
World Kinect Corporation’s EPS estimate is 0.55.
How many shares outstanding does World Kinect Corporation have?
World Kinect Corporation has 58,077,534 shares outstanding.
What happened to World Kinect Corporation’s price movement after its last earnings report?
World Kinect Corporation reported an EPS of $0.62 in its last earnings report, beating expectations of $0.619. Following the earnings report the stock price went down -15.768%.
Which hedge fund is a major shareholder of World Kinect Corporation?
Currently, no hedge funds are holding shares in WKC
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World Kinect Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$29.67 (5.70% Upside)
$29.67 (5.70% Upside)
Hedge Fund Trend
Decreased
By 116.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $592.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.39%
12-Months-Change
Fundamentals
Return on Equity
6.70%
Trailing 12-Months
Asset Growth
-6.66%
Trailing 12-Months
Company Description
World Kinect Corporation
World Fuel Services Corp. is a fuel logistic company, which engages in the provision of energy procurement advisory services, supply fulfillment, and transaction and payment management solutions. It operates through the following segments: Aviation, Marine, and Land. The Aviation segment supply fuel and service solutions to commercial airlines, second and third-tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, and private aircraft. The Land segment offers fuel, heating oil, propane, natural gas, lubricants, and related products and services to petroleum distributors operating in the land transportation market, retail petroleum operators, and industrial, commercial, residential, and government customers. The Marine segment markets it products and services to marine customers, including international container and tanker fleets, commercial cruise lines, yachts and time-charter operators, U.S. and foreign governments, and other fuel suppliers. Its solutions include oil and energy procurement, distribution and storage, operations support, financial, consulting services, and technology. The company was founded in July 1984 and is headquartered in Miami, FL.
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WKC Company Deck
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WKC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted positive developments in the Aviation and Marine segments, including growth in operating margins and successful strategic acquisitions. However, challenges persist in the Land segment, with declines in gross profit and market difficulties in Brazil. The company is focused on refining and optimizing its business portfolio to improve financial performance, with an emphasis on North American opportunities.Read More>---
WKC Stock 12 Month Forecast
Average Price Target
$29.67
▲(5.70% Upside)
Technical Analysis
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Best Analysts Covering WKC
1 Year
1 Year Success Rate
5/16 ratings generated profit
1 Year Average Return
-12.00%
reiterated a sell rating 3 months ago
Copying Ken Hoexter's trades and holding each position for 1 Year would result in 31.25% of your transactions generating a profit, with an average return of -12.00% per trade.
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