On Monday, World Kinect Corp (NYSE: WKC) was 3.46% up from the session before settling in for the closing price of $26.85. A 52-week range for WKC has been $17.69 – $27.25.
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Annual sales at Energy sector company grew by 14.53% over the past five years. When this article was written, the company’s average yearly earnings per share was at 10.67%. With a float of $57.90 million, this company’s outstanding shares have now reached $59.80 million.
Let’s look at the performance matrix of the company that is accounted for 5289 employees.
World Kinect Corp (WKC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward World Kinect Corp stocks. The insider ownership of World Kinect Corp is 3.41%, while institutional ownership is 108.83%. The most recent insider transaction that took place on May 17 ’24, was worth 115,126. In this transaction Director of this company sold 4,500 shares at a rate of $25.58, taking the stock ownership to the 37,045 shares. Before that another transaction happened on May 06 ’24, when Company’s Director sold 10,936 for $24.07, making the entire transaction worth $263,230. This insider now owns 41,545 shares in total.
World Kinect Corp (WKC) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.58 earnings per share (EPS) during the time that was better than consensus figure (set at 0.58) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -14.59% drop over the previous five years of trading.
World Kinect Corp (NYSE: WKC) Trading Performance Indicators
You can see what World Kinect Corp (WKC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04. Likewise, its price to free cash flow for the trailing twelve months is 4.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.26, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.49 in one year’s time.
Technical Analysis of World Kinect Corp (WKC)
World Kinect Corp (NYSE: WKC) saw its 5-day average volume 0.69 million, a positive change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 83.47%. Additionally, its Average True Range was 0.65.
During the past 100 days, World Kinect Corp’s (WKC) raw stochastic average was set at 98.46%, which indicates a significant increase from 96.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.63% in the past 14 days, which was lower than the 25.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.88, while its 200-day Moving Average is $23.68. Nevertheless, the first resistance level for the watch stands at $28.13 in the near term. At $28.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.08. If the price goes on to break the first support level at $27.18, it is likely to go to the next support level at $26.58. Assuming the price breaks the second support level, the third support level stands at $26.23.
World Kinect Corp (NYSE: WKC) Key Stats
There are 59,938K outstanding shares of the company, which has a market capitalization of 1.67 billion. As of now, sales total 47,711 M while income totals 52,900 K. Its latest quarter income was 10,965 M while its last quarter net income were 108,300 K.
