World Fuel Services (INT) Getting Somewhat Favorable Media Coverage, Analysis Finds

Media stories about World Fuel Services (NYSE:INT) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. World Fuel Services earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 46.3277647351149 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of brokerages have weighed in on INT. Bank of America lowered shares of World Fuel Services from a “neutral” rating to an “underperform” rating and cut their price target for the company from $41.00 to $36.00 in a research note on Tuesday, September 26th. BidaskClub raised shares of World Fuel Services from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th.

World Fuel Services (INT) opened at $27.82 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.58. World Fuel Services has a one year low of $25.80 and a one year high of $47.49. The firm has a market cap of $1,853.43, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 2.45 and a beta of 0.92.

World Fuel Services (NYSE:INT) last announced its quarterly earnings results on Thursday, October 26th. The oil and gas company reported $0.60 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.60. World Fuel Services had a net margin of 0.08% and a return on equity of 5.54%. The firm had revenue of $8.54 billion for the quarter, compared to analyst estimates of $8.19 billion. During the same quarter in the previous year, the firm posted $0.82 earnings per share. The business’s revenue was up 15.4% on a year-over-year basis. equities research analysts expect that World Fuel Services will post 2.24 EPS for the current year.

World Fuel Services announced that its board has initiated a share buyback plan on Wednesday, October 4th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the oil and gas company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 15th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.86%. World Fuel Services’s dividend payout ratio (DPR) is presently 68.57%.

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World Fuel Services Company Profile

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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