World Kinect Stock Today
| WKC Stock | 23.74 0.37 1.58% |
Performance2 of 100
| Odds Of DistressLess than 6
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World Kinect is trading at 23.74 as of the 3rd of May 2024, a 1.58 percent up since the beginning of the trading day. The stock's open price was 23.37. World Kinect has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. World Kinect symbol was changed from INT on 16th of June 2023. Equity ratings for World Kinect are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Energy | IPO Date 30th of July 1990 |
World Kinect is entity of United States. It is traded as Stock on NYSE exchange. The company has 59.94 M outstanding shares of which 5.39 M shares are at this time shorted by investors with about 7.99 days to cover. More on World Kinect
Moving together with World Stock
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Moving against World Stock
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World Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. World Kinect's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding World Kinect or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Older Symbol | INT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CEO Chairman | Michael Kasbar | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing, Energy, NYSE Composite, SP Small-Cap 600, Wholesale, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering World Kinect report their recommendations after researching World Kinect's financial statements, talking to executives and customers, or listening in on World Kinect's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering World Kinect. The World consensus assessment is calculated by taking the average forecast from all of the analysts covering World Kinect. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to World Kinect's liquidity, profitability, solvency, and operating efficiency, World Kinect may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of World Kinect is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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World Kinect's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to World Kinect's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand World Kinect's financial leverage. It provides some insight into what part of World Kinect's total assets is financed by creditors.
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World Kinect (WKC) is traded on New York Stock Exchange in USA. It is located in 9800 N.W 41st Street, Miami, FL, United States, 33178 and employs 5,289 people. World Kinect was previously known as World Fuel Services and was traded on New York Stock Exchange under the symbol INT. World Kinect is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate World Kinect's market, we take the total number of its shares issued and multiply it by World Kinect's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. World Kinect runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 59.94 M outstanding shares of which 5.39 M shares are at this time shorted by investors with about 7.99 days to cover.
World Kinect has about 298.4 M in cash with 271.3 M of positive cash flow from operations.
Check World Kinect Probability Of Bankruptcy
Ownership AllocationWorld Kinect owns a total of 59.94 Million outstanding shares. The majority of World Kinect outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in World Kinect to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in World Kinect. Please pay attention to any change in the institutional holdings of World Kinect as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check World Ownership Details
World Stock Price Odds Analysis
What are World Kinect's target price odds to finish over the current price? Based on a normal probability distribution, the odds of World Kinect jumping above the current price in 90 days from now is about 78.56%. The World Kinect probability density function shows the probability of World Kinect stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2288. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, World Kinect will likely underperform. Additionally, world Kinect has an alpha of 0.03, implying that it can generate a 0.03 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of World Kinect to move above the current price in 90 days from now is about 78.56 (This World Kinect probability density function shows the probability of World Stock to fall within a particular range of prices over 90 days) .
World Kinect Historical Income Statement
World Kinect Income Statement is one of the three primary financial statements used for reporting World's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of World Kinect revenue and expense. World Kinect Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, World Kinect's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 50.1 B, whereas Operating Income is forecasted to decline to about 109.2 M. View More FundamentalsWorld Stock Against Markets
Picking the right benchmark for World Kinect stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in World Kinect stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for World Kinect is critical whether you are bullish or bearish towards World Kinect at a given time. Please also check how World Kinect's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in World Kinect without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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World Kinect Corporate Management
Elected by the shareholders, the World Kinect's board of directors comprises two types of representatives: World Kinect inside directors who are chosen from within the company, and outside directors, selected externally and held independent of World. The board's role is to monitor World Kinect's management team and ensure that shareholders' interests are well served. World Kinect's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, World Kinect's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Amy Avalos | Chief VP | Profile | |
| John Rau | Land Aviation | Profile | |
| Fernando Casadevall | Chief Officer | Profile | |
| Wade DeClaris | Chief Officer | Profile | |
| Josh McLean | Chief Officer | Profile | |
| Elsa Ballard | Vice Relations | Profile |
How to buy World Stock?
Before investing in World Kinect, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in World Kinect. To buy World Kinect stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of World Kinect. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase World Kinect stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located World Kinect stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased World Kinect stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as World Kinect, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy World Stock please use our How to Invest in World Kinect guide.
Already Invested in World Kinect?
The danger of trading World Kinect is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of World Kinect is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than World Kinect. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile World Kinect is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether World Kinect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of World Kinect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of World Kinect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on World Kinect Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Kinect. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade World Stock refer to our How to Trade World Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for World Stock analysis
When running World Kinect's price analysis, check to measure World Kinect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy World Kinect is operating at the current time. Most of World Kinect's value examination focuses on studying past and present price action to predict the probability of World Kinect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Kinect's price. Additionally, you may evaluate how the addition of World Kinect to your portfolios can decrease your overall portfolio volatility.
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Is World Kinect's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Kinect. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Kinect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.25 | Dividend Share 0.59 | Earnings Share 0.95 | Revenue Per Share 759.234 | Quarterly Revenue Growth (0.12) |
The market value of World Kinect is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Kinect's value that differs from its market value or its book value, called intrinsic value, which is World Kinect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Kinect's market value can be influenced by many factors that don't directly affect World Kinect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Kinect's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Kinect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Kinect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.