Recent exceptional negative changes in investment behavior have affected World Fuel Services Corp (NYSE: INT): negative upside/downside volume developed, and its shorter term price trend turned down.
World Fuel Services Corp (NYSE: INT) suffers from important negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. World Fuel Services has a good Power Rating of 78 and a very high Appreciation Score of 86, leading to the Highest Value Trend Rating.
Recent Price Action
World Fuel Services Corp (NYSE: INT) stock declined modestly by -1.1% on 4/30/24. The stock closed at $23.50. Moreover, unusually high trading volume at 183% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -4.7% during the last week.
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