News coverage about World Fuel Services Corporation (NYSE:INT) has trended somewhat negative recently, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. World Fuel Services Corporation earned a news impact score of -0.03 on Alpha One’s scale. Alpha One also gave news headlines about the oil and gas company an impact score of 50 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the next several days.
Several research analysts recently weighed in on INT shares. Zacks Investment Research upgraded shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th. TheStreet lowered World Fuel Services Corporation from a “b” rating to a “c” rating in a research note on Friday, May 5th.
World Fuel Services Corporation (NYSE INT) traded down 0.06% during trading on Monday, reaching $36.05. The company’s stock had a trading volume of 440,419 shares. World Fuel Services Corporation has a 12-month low of $34.64 and a 12-month high of $49.38. The firm’s 50-day moving average price is $36.70 and its 200 day moving average price is $39.86. The company has a market capitalization of $2.49 billion, a P/E ratio of 23.75 and a beta of 0.97.
World Fuel Services Corporation (NYSE:INT) last issued its earnings results on Thursday, April 27th. The oil and gas company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by $0.07. World Fuel Services Corporation had a return on equity of 5.41% and a net margin of 0.35%. The company had revenue of $8.19 billion during the quarter, compared to analysts’ expectations of $7.83 billion. During the same quarter in the previous year, the company earned $0.77 EPS. The firm’s quarterly revenue was up 57.9% compared to the same quarter last year. On average, analysts predict that World Fuel Services Corporation will post $2.60 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 7th. Shareholders of record on Friday, June 9th will be given a dividend of $0.06 per share. The ex-dividend date is Wednesday, June 7th. This represents a $0.24 dividend on an annualized basis and a yield of 0.67%. World Fuel Services Corporation’s dividend payout ratio is currently 15.79%.
In other World Fuel Services Corporation news, Director Richard A. Kassar sold 2,500 shares of the stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $36.96, for a total transaction of $92,400.00. Following the transaction, the director now owns 32,662 shares in the company, valued at $1,207,187.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ken Bakshi sold 3,049 shares of the stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $38.05, for a total value of $116,014.45. Following the transaction, the director now owns 35,726 shares in the company, valued at approximately $1,359,374.30. The disclosure for this sale can be found here. Insiders have sold 21,335 shares of company stock worth $788,467 in the last quarter. 2.30% of the stock is currently owned by company insiders.
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About World Fuel Services Corporation
World Fuel Services Corporation is engaged in providing aviation, marine and land energy, logistics and technology solutions to customers and suppliers around the world. The Company operates through three segments: Aviation, Marine and Land. In its Aviation segment, the Company offers fuel and related products and services.
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