For its third fiscal quarter (ending September 30), World Fuel Services Corp (NYSE: WKC) has reported a -2% decline in E.P.S. from $0.58 a year ago to $0.57 in the current quarter. E.P.S. were $2.26 for the latest four quarters through September 30 versus $1.76 for the same period a year ago — an increase of 28%.
Recent Price Action
On 10/24/24, World Fuel Services Corp (NYSE: WKC) stock increased 1.0%, closing at $31.34. However, below average trading volume at 75% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
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 highly consistent signals. World Fuel Services has a good Power Rating of 76 and a good Appreciation Score of 80, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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