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NYSE:WKC

World Kinect (WKC) Stock Price, News & Analysis

$26.59
+0.10 (+0.38%)
(As of 07/19/2024 ET)
Today's Range
$26.38
$26.84
50-Day Range
$24.68
$26.76
52-Week Range
$17.69
$27.15
Volume
402,595 shs
Average Volume
534,748 shs
Market Capitalization
$1.59 billion
P/E Ratio
28.59
Dividend Yield
2.56%
Price Target
$26.75

World Kinect MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.6% Upside
$26.75 Price Target
Short Interest
Bearish
9.88% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.84mentions of World Kinect in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$263,230 Sold Last Quarter
Proj. Earnings Growth
8.70%
From $2.30 to $2.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.19 out of 5 stars

Oils/Energy Sector

164th out of 238 stocks

Petroleum Products, Not Elsewhere Classified Industry

3rd out of 3 stocks

WKC stock logo

About World Kinect Stock (NYSE:WKC)

World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This segment also offers fuel management, price risk management, ground handling, dispatch services, and trip planning services, such as flight planning and scheduling, weather reports and overflight permits; payment and processing services; and operates a web-based marketplace platform. The Land segment offers fuel, lubricants, heating oil, and related products and services to retail petroleum operators, as well as industrial, commercial, residential and government customers. This segment also provides sustainability solutions, such as renewable fuel products, carbon management, and renewable energy solutions; distributes fuel under long-term contracts to branded and unbranded distributors, convenience stores, and retail fuel outlets operated by third parties; distributes heating oil and unbranded fuel; and transportation logistics. The Marine segment markets fuel, lubricants, and related products and services to international container, dry bulk and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S. and foreign governments, and other fuel suppliers. This segment also offers marine fuel-related services include management services to procurement of fuel, price risk management, cost control, quality control, and claims management services; and engages in the fueling of vessels, and transportation and delivery of fuel and fuel-related products. The company was formerly known as World Fuel Services Corporation and changed its name to World Kinect Corporation in June 2023. World Kinect Corporation was incorporated in 1984 and is headquartered in Miami, Florida.

WKC Stock Price History

WKC Stock News Headlines

World Kinect (WKC) Scheduled to Post Earnings on Thursday
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Delek US raises dividend by 2% to $0.25
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
YieldBoost WKC To 12.7% Using Options
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 7/16 Dividend
6/17/2024
Dividend Payable
7/16/2024
Today
7/21/2024
Next Earnings (Confirmed)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum products, not elsewhere classified
Sub-Industry
Wholesale
Employees
5,289
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.75
High Stock Price Target
$32.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$52.90 million
Pretax Margin
0.15%

Debt

Sales & Book Value

Annual Sales
$47.71 billion
Cash Flow
$3.73 per share
Book Value
$32.38 per share

Miscellaneous

Free Float
58,200,000
Market Cap
$1.59 billion
Optionable
Optionable
Beta
1.24
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WKC Stock Analysis - Frequently Asked Questions

How have WKC shares performed this year?

World Kinect's stock was trading at $22.78 at the beginning of 2024. Since then, WKC shares have increased by 16.7% and is now trading at $26.59.
View the best growth stocks for 2024 here
.

How were World Kinect's earnings last quarter?

World Kinect Co. (NYSE:WKC) posted its earnings results on Thursday, April, 25th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.02. The business had revenue of $10.95 billion for the quarter, compared to analyst estimates of $12.29 billion. World Kinect had a net margin of 0.12% and a trailing twelve-month return on equity of 6.39%.

Who are World Kinect's major shareholders?

Top institutional shareholders of World Kinect include Assenagon Asset Management S.A. (0.68%), Raymond James & Associates (0.15%), Nisa Investment Advisors LLC (0.10%) and SG Americas Securities LLC (0.08%). Insiders that own company stock include Michael Crosby and Ken Bakshi.
View institutional ownership trends
.

How do I buy shares of World Kinect?

Shares of WKC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WKC) was last updated on 7/21/2024 by MarketBeat.com Staff

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