World Kinect Corp (NYSE: WKC) kicked off on Friday, down -15.76% from the previous trading day, before settling in for the closing price of $31.34. Over the past 52 weeks, WKC has traded in a range of $17.69-$31.70.
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Energy Sector giant saw their annual sales surged by 14.53% over the last five years. While this was happening, its average annual earnings per share was recorded 8.72%. With a float of $57.13 million, this company’s outstanding shares have now reached $59.80 million.
The firm has a total of 5289 workers. Let’s measure their productivity. In terms of profitability, gross margin is 1.82%, operating margin of 0.2%, and the pretax margin is 0.34%.
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 106.49%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.54 earnings per share (EPS), higher than consensus estimate (set at 0.44) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.14% 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 0.99. 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 90.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.25, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of World Kinect Corp (WKC)
Analysing the last 5-days average volume posted by the [World Kinect Corp, WKC], we can find that recorded value of 1.24 million was better than the volume posted last year of 0.65 million. As of the previous 9 days, the stock’s Stochastic %D was 46.24%. Additionally, its Average True Range was 0.95.
During the past 100 days, World Kinect Corp’s (WKC) raw stochastic average was set at 23.61%, which indicates a significant increase from 0.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.04% in the past 14 days, which was higher than the 35.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.61, while its 200-day Moving Average is $26.19. Now, the first resistance to watch is $28.39. This is followed by the second major resistance level at $30.38. The third major resistance level sits at $31.38. If the price goes on to break the first support level at $25.39, it is likely to go to the next support level at $24.39. Should the price break the second support level, the third support level stands at $22.40.
World Kinect Corp (NYSE: WKC) Key Stats
The company with the Market Capitalisation of 1.56 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 10,491 M and last quarter income was 33,500 K.
