How does World Kinect Corp (WKC) change from a tortoise to a hare?

With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.92 million shares. During the session, the Oil & Gas Refining & Marketing company that operates in wider Energy sector, reached to the highest price of $28.035 whereas the lowest price it dropped to was $27.66. The 52-week range on WKC shows that it touched its highest point at $31.70 and its lowest point at $20.00 during that stretch. It currently has a 1-year price target of $30.80. With its current market cap of 1.63 billion, WKC has annualized dividend of $0.65 while the current yield stands at 2.32%. Beta for the stock currently stands at 1.28.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WKC was up-trending over the past week, with a rise of 0.61%, but this was down by -10.68% over a month. Three-month performance surged to 0.57% while six-month performance rose 12.71%. The stock gained 32.36% in the past year, while it has gained 23.00% so far this year. A look at the trailing 12-month EPS for WKC yields 2.25 with Next year EPS estimates of 2.45. For the next quarter, that number is 0.56. This implies an EPS growth rate of 8.72% for this year and 15.66% for next year. EPS is expected to grow by 12.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -14.59%.

Float and Shares Shorts:

At present, 59.80 million WKC shares are outstanding with a float of 56.10 million shares on hand for trading. On 2024-10-31, short shares totaled 6.08 million, which was 1047.0 higher than short shares on 1727654400. In addition to Mr. Michael J. Kasbar as the firm’s Chairman, CEO & President, Mr. John Peter Rau serves as its Executive Vice President of Global Aviation, Land & Marine.

Institutional Ownership:

Through their ownership of 1.12596 of WKC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, WKC reported revenue of $10490900000.0 and operating income of $73400000.0. The EBITDA in the recently reported quarter was $105300000.0 and diluted EPS was $0.57.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WKC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WKC analysts setting a high price target of 35.0 and a low target of 27.0, the average target price over the next 12 months is 30.8. Based on these targets, WKC could surge 24.91% to reach the target high and fall by -3.64% to reach the target low. Reaching the average price target will result in a growth of 9.92% from current levels.

Analysts have provided yearly estimates in a range of $2.16019 being high and $2.05972 being low. For WKC, this leads to a yearly average estimate of $2.12.