World Kinect (NYSE:WKC) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded World Kinect from “strong buy” to “buy,” while broader analyst sentiment remains “Hold,” with an average price target of $30.00.
• World Kinect reported quarterly EPS of $1.29, beating estimates of $0.75, while revenue rose 50.3% year over year to $13.59 billion; the company guided for fiscal 2026 EPS of $3.20–$3.40.
• The stock recently traded at $35.61, and insiders have sold 124,445 shares worth approximately $4.46 million over the past 90 days, while institutional investors own 97.06% of outstanding shares.

World Kinect (NYSE:WKC - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report released on Saturday.

A number of other research firms have also commented on WKC. Zacks Research upgraded shares of World Kinect from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 22nd. Weiss Ratings cut shares of World Kinect from a "hold (c-)" rating to a "sell (d)" rating in a research note on Tuesday, July 28th. Finally, Morgan Stanley set a $30.00 target price on World Kinect in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $30.00.

World Kinect Price Performance

NYSE:WKC traded down $0.23 during trading hours on Friday, reaching $35.61. The company had a trading volume of 656,502 shares, compared to its average volume of 976,449. The company has a quick ratio of 0.91, a current ratio of 1.06 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average of $35.92 and a two-hundred day moving average of $29.59. World Kinect has a one year low of $22.21 and a one year high of $41.20. The firm has a market capitalization of $1.82 billion, a PE ratio of -11.09, a PEG ratio of 0.55 and a beta of 1.17.

World Kinect (NYSE:WKC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.54. World Kinect had a positive return on equity of 11.24% and a negative net margin of 0.43%.The company had revenue of $13.59 billion during the quarter, compared to analysts' expectations of $10.50 billion. During the same period last year, the business earned $0.59 earnings per share. The business's revenue was up 50.3% on a year-over-year basis. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. Analysts forecast that World Kinect will post 3.6 earnings per share for the current year.

Insider Transactions at World Kinect

In other news, Director John L. Manley sold 10,000 shares of the company's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $39.88, for a total transaction of $398,800.00. Following the transaction, the director owned 54,116 shares of the company's stock, valued at $2,158,146.08. This represents a 15.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Michael J. Kasbar sold 25,000 shares of the firm's stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $35.04, for a total value of $876,000.00. Following the completion of the transaction, the chairman owned 986,450 shares in the company, valued at approximately $34,565,208. This represents a 2.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 124,445 shares of company stock valued at $4,455,900 over the last 90 days. 3.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of WKC. Vanguard Group Inc. grew its holdings in World Kinect by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 6,713,507 shares of the company's stock worth $157,297,000 after acquiring an additional 62,111 shares during the period. Brandes Investment Partners LP grew its holdings in shares of World Kinect by 30.9% during the fourth quarter. Brandes Investment Partners LP now owns 3,845,750 shares of the company's stock worth $90,106,000 after buying an additional 907,490 shares in the last quarter. Invesco Ltd. grew its stake in shares of World Kinect by 9.5% during the 3rd quarter. Invesco Ltd. now owns 2,450,762 shares of the company's stock worth $63,597,000 after acquiring an additional 213,145 shares in the last quarter. LSV Asset Management increased its position in shares of World Kinect by 11.4% in the fourth quarter. LSV Asset Management now owns 1,938,804 shares of the company's stock valued at $45,426,000 after acquiring an additional 198,076 shares during the last quarter. Finally, California State Teachers Retirement System boosted its holdings in shares of World Kinect by 2,393.9% in the 2nd quarter. California State Teachers Retirement System now owns 1,842,104 shares of the company's stock valued at $55,923,000 after buying an additional 1,768,240 shares during the last quarter. Institutional investors own 97.06% of the company's stock.

About World Kinect

World Kinect Energy Services, Inc NYSE: WKC is a global energy services company specializing in fuel procurement, supply chain management and risk mitigation solutions. The company offers an integrated platform that facilitates the sourcing, trading and logistics of refined fuels, natural gas, liquefied natural gas (LNG) and renewable energy products. Its services are designed to help industrial, commercial and institutional clients optimize energy costs, comply with environmental regulations and manage price volatility.

In addition to traditional commodity trading and delivery, World Kinect provides a suite of value-added services that include carbon offset and decarbonization strategies, energy efficiency consulting and emissions reporting.

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