Recent important negative changes in fundamentals have impacted World Fuel Services Corp (NYSE: INT): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
World Fuel Services Corp (NYSE: INT) suffers from meaningful negative changes in investment behavior: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
INT is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
World Fuel Services has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. World Fuel Services has a slightly positive Power Rating of 69 and a good Appreciation Score of 82, triggering the Highest Value Trend Rating.
Recent Price Action
World Fuel Services Corp (NYSE: INT) stock closed at $27.46 on 8/20/24 after a modest decline of -2.0%. Moreover, trading volume in this decline was exceptionally high at 215% of normal. The stock has risen 3.8% during the last week and has been strong relative to the market over the last nine months.
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