Media headlines about World Fuel Services Corporation (NYSE:INT) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. World Fuel Services Corporation earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 40 out of 100, indicating that recent news coverage is unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern’s scoring:
- Dimensional Fund Advisors LP Acquires 473847 Shares of World Fuel Services Corporation (footballhebdo.com)
- World Fuel Services Corporation (NYSE:INT) Analyst Coverage (cote-ivoire.com)
- World Fuel Services Corporation (NYSE:INT) Stake Increased by JPMorgan Chase & Co (campdesrecrues.com)
- Reviewing World Fuel Services Corporation (INT) and CrossAmerica Partners (CAPL) (americanbankingnews.com)
- World Fuel Services Corporation (INT) Upgraded to “Hold” at BidaskClub (americanbankingnews.com)
INT has been the subject of several recent research reports. Zacks Investment Research raised World Fuel Services Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, April 19th. TheStreet downgraded World Fuel Services Corporation from a “b” rating to a “c” rating in a research report on Friday, May 5th. Finally, BidaskClub upgraded World Fuel Services Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th.
World Fuel Services Corporation (INT) traded up 0.45% during midday trading on Monday, reaching $38.31. The company’s stock had a trading volume of 102,319 shares. World Fuel Services Corporation has a 52-week low of $34.64 and a 52-week high of $49.00. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 25.24 and a beta of 0.97. The firm has a 50-day moving average price of $36.49 and a 200 day moving average price of $39.33.
World Fuel Services Corporation (NYSE:INT) last posted its quarterly earnings data on Thursday, April 27th. The oil and gas company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 firm had revenue of $8.19 billion for the quarter, compared to analyst estimates of $7.83 billion. During the same period in the previous year, the business posted $0.77 EPS. The business’s quarterly revenue was up 57.9% on a year-over-year basis. Equities research analysts predict that World Fuel Services Corporation will post $2.60 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, July 7th. Stockholders of record on Friday, June 9th were paid a dividend of $0.06 per share. The ex-dividend date was Wednesday, June 7th. This represents a $0.24 annualized dividend and a dividend yield of 0.63%. World Fuel Services Corporation’s dividend payout ratio (DPR) is currently 15.79%.
In other news, EVP Robert Alexander Lake sold 1,500 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $37.83, for a total transaction of $56,745.00. Following the sale, the executive vice president now directly owns 48,137 shares of the company’s stock, valued at $1,821,022.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Myles Klein sold 13,000 shares of the stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $36.53, for a total transaction of $474,890.00. The disclosure for this sale can be found here. Insiders have sold 21,335 shares of company stock worth $788,467 over the last three months. 2.30% of the stock is owned by 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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