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World Kinect (WKC)
NYSE:WKC
World Kinect (WKC) Stock Price & Analysis
188 Followers
WKC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.46 - $26.83
Previous Close$24.58
Volume510.95K
Average Volume (3M)576.07K
Market Cap
$1.45B
Enterprise Value$2.35B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$887.90M
Price to Earnings (P/E)28.7
Beta1.02
Next Earnings
Apr 25, 2024EPS Estimate
$0.49Last Dividend Ex-Date
Mar 22, 2024Dividend Yield2.43%
Share Statistics
EPS (TTM)0.84
Shares Outstanding59,847,807
10 Day Avg. Volume435,166
30 Day Avg. Volume576,065
Standard Deviation0.11
R-Squared0.34
Alpha-0.00849
Financial Highlights & Ratios
Price to Book (P/B)3.60
Price to Sales (P/S)0.12
Price to Cash Flow (P/CF)81.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.05
Enterprise Value/Gross Profit2.22
Enterprise Value/Ebitda18.14
Forecast
1Y Price Target
$52.00Price Target Upside111.55% Upside
Rating ConsensusHold
Number of Analyst Covering4
World Kinect News
PremiumCompany Announcements
World Kinect Outlines Growth and Shareholder Return Strategy
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company targets 30% net operating margins and $480-$520 million in adjusted EBITDA, demonstrating strong future profitability goals.
Sector PerformanceAviation Gross profit was significantly higher than expected, indicating robust performance in the Aviation segment.
Strategic OperationsWKC divested non-core operations for $200 million at a favorable multiple, which will boost earnings per share.
Bears Say
Financial PerformanceLand Gross Profit declined by 9% y-y due to pricing pressures in the US and a lower Europe mix, impacting overall profitability.
Market DemandAnalyst remains underperform on WKC’s shares due to near-term demand challenges for fuel.
Operational IncidentThe company faced an erroneous bid in the Finnish power market, resulting in a one-time charge of $49 million.
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Ownership Overview
4.83% Insiders
28.33% Mutual Funds
38.30% Other Institutional Investors
28.54% 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’s price range in the past 12 months?
World Kinect lowest stock price was $17.46 and its highest was $26.83 in the past 12 months.
What is World Kinect’s market cap?
Currently, no data Available
When is World Kinect’s upcoming earnings report date?
World Kinect’s upcoming earnings report date is Apr 25, 2024 which is 16 days ago.
How were World Kinect’s earnings last quarter?
World Kinect released its earnings results on Feb 22, 2024. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.438 by $0.102.
Is World Kinect overvalued?
According to Wall Street analysts World Kinect’s price is currently Undervalued.
Does World Kinect pay dividends?
World Kinect pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 2.43%. See more information on World Kinect dividends here
What is World Kinect’s EPS estimate?
World Kinect’s EPS estimate is $0.49.
How many shares outstanding does World Kinect have?
World Kinect has 59,847,810 shares outstanding.
What happened to World Kinect’s price movement after its last earnings report?
World Kinect reported an EPS of $0.54 in its last earnings report, beating expectations of $0.438. Following the earnings report the stock price went up 8.861%.
Which hedge fund is a major shareholder of World Kinect?
Among the largest hedge funds holding World Kinect’s share is Brandes Investment Partners LP. It holds World Kinect’s shares valued at 57M.
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World Kinect Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Hold
Average Price Target:
$52.00 (111.55% Upside)
$52.00 (111.55% Upside)
Blogger Sentiment
Bullish
WKC Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.09%
12-Months-Change
Fundamentals
Return on Equity
2.70%
Trailing 12-Months
Asset Growth
-9.67%
Trailing 12-Months
Company Description
World Kinect
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
Q4 2024
0:00 / 0:00
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WKC Stock 12 Month Forecast
Average Price Target
$52.00
▲(111.55% Upside)
Technical Analysis
Best Analysts Covering WKC
1 Year
1 Year Success Rate
5/13 ratings generated profit
1 Year Average Return
-6.45%
reiterated a sell rating 2 months ago
Copying Ken Hoexter's trades and holding each position for 1 Year would result in 38.46% of your transactions generating a profit, with an average return of -6.45% per trade.
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