Headlines about World Fuel Services (NYSE:INT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. World Fuel Services earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.7236518309343 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research analysts have recently issued reports on INT shares. Stifel Nicolaus dropped their price objective on shares of World Fuel Services from $46.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, February 23rd. TheStreet lowered shares of World Fuel Services from a “c-” rating to a “d+” rating in a report on Friday, February 23rd. Zacks Investment Research upgraded shares of World Fuel Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 1st. Finally, ValuEngine downgraded shares of World Fuel Services from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. World Fuel Services presently has an average rating of “Hold” and a consensus target price of $38.00.
Shares of INT stock opened at $22.99 on Wednesday. World Fuel Services has a one year low of $20.60 and a one year high of $40.16. The company has a quick ratio of 1.19, a current ratio of 1.41 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 2.35 and a beta of 0.91.
World Fuel Services (NYSE:INT) last issued its quarterly earnings data on Thursday, April 26th. The oil and gas company reported $0.52 earnings per share for the quarter, hitting the consensus estimate of $0.52. World Fuel Services had a negative net margin of 0.49% and a positive return on equity of 6.83%. The business had revenue of $9.18 billion during the quarter, compared to analysts’ expectations of $9.12 billion. During the same quarter in the previous year, the company earned $0.50 EPS. The business’s revenue was up 12.0% on a year-over-year basis. equities research analysts predict that World Fuel Services will post 1.98 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, July 6th. Shareholders of record on Friday, June 8th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Thursday, June 7th. World Fuel Services’s dividend payout ratio is currently 12.90%.
In other news, Director Jorge L. Benitez bought 5,000 shares of the firm’s stock in a transaction on Wednesday, May 23rd. The shares were purchased at an average cost of $21.58 per share, with a total value of $107,900.00. Following the acquisition, the director now directly owns 50,072 shares in the company, valued at $1,080,553.76. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by company insiders.
World Fuel Services Company Profile
World Fuel Services Corporation engages in the distribution of fuel, and related products and services in the aviation, marine, and land transportation industries worldwide. Its Aviation segment offers fuel management; price risk management; ground handling; dispatch; and international trip planning services, such as flight plans, weather reports, and overflight permits.
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