Alert: Negative Investment/Fundamental Signals (5/28/24)-World Fuel Services Corp (NYSE: INT)

out_logo_500#10028.jpg

World Fuel Services Corp (NYSE: INT) suffers from significant negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected World Fuel Services Corp (NYSE: INT): its shorter term price trend turned down.

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.

out_mm#10028.jpg

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 slightly positive Power Rating of 69 and a good Appreciation Score of 84, resulting in the Highest Value Trend Rating.

Recent Price Action

World Fuel Services Corp (NYSE: INT) stock rose slightly by 0.1% on 5/28/24. The stock closed at $25.00. Moreover, unusually high trading volume at 165% of normal accompanied the advance. The stock has declined -2.0% during the last week but has been strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*