Alert: Negative Fundamental Signals (9/3/24)-World Fuel Services Corp (NYSE: INT)

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Recent exceptional negative changes in fundamentals have affected World Fuel Services Corp (NYSE: INT): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

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.

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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 consistent signals. World Fuel Services has a slightly positive Power Rating of 70 and a good Appreciation Score of 82, triggering the Highest Value Trend Rating.

Recent Price Action

On 9/3/24, World Fuel Services Corp (NYSE: INT) stock declined modestly by -1.0%, closing at $28.49. However, this decline was accompanied by normal trading volume at 83% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.

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