Alert: Major Price Decline (10/25/24)-World Fuel Services Corp (NYSE: WKC).

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World Fuel Services Corp (NYSE: WKC) stock closed at $26.40 on 10/25/24 after a major decline of -15.8%. Moreover, exceptionally high trading volume at 328% of normal accompanied the decline. The stock has declined -13.9% during the last week but has been strong relative to the market over the last nine months.

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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 74 and a good Appreciation Score of 84, resulting in the Highest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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