World Kinect Corp (NYSE: WKC) kicked off on Friday, up 3.72% from the previous trading day, before settling in for the closing price of $27.96. Over the past 52 weeks, WKC has traded in a range of $17.69-$28.93.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 14.53%. While this was happening, its average annual earnings per share was recorded 10.05%. With a float of $57.13 million, this company’s outstanding shares have now reached $59.80 million.
Considering the fact that the conglomerate employs 5289 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 1.78%, operating margin of 0.2%, and the pretax margin is 0.32%.
World Kinect Corp (WKC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of World Kinect Corp is 3.32%, while institutional ownership is 109.70%. The most recent insider transaction that took place on Aug 19 ’24, was worth 1,645,828. In this transaction Chairman, CEO and President of this company sold 58,948 shares at a rate of $27.92, taking the stock ownership to the 1,019,063 shares. Before that another transaction happened on Aug 19 ’24, when Company’s Officer proposed sale 58,948 for $27.92, making the entire transaction worth $1,645,927.
World Kinect Corp (WKC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 10.05% 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
Take a look at World Kinect Corp’s (WKC) current performance indicators. Last quarter, stock had 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 4.63.
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 2.47 in one year’s time.
Technical Analysis of World Kinect Corp (WKC)
Compared to the last year’s volume of 0.56 million, its volume of 0.75 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.43%. Additionally, its Average True Range was 0.67.
During the past 100 days, World Kinect Corp’s (WKC) raw stochastic average was set at 97.94%, which indicates a significant increase from 90.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.76% in the past 14 days, which was lower than the 25.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.16, while its 200-day Moving Average is $24.89. Nevertheless, the first resistance level for the watch stands at $29.32 in the near term. At $29.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.13. If the price goes on to break the first support level at $28.51, it is likely to go to the next support level at $28.03. Should the price break the second support level, the third support level stands at $27.70.
World Kinect Corp (NYSE: WKC) Key Stats
The company with the Market Capitalisation of 1.71 billion has total of 59,938K Shares Outstanding. Its annual sales at the moment are 47,711 M in contrast with the sum of 52,900 K annual income. Company’s last quarter sales were recorded 10,965 M and last quarter income was 108,300 K.
