Shares of World Fuel Services Corp (NYSE:INT) have been given a consensus broker rating score of 2.67 (Hold) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and one has assigned a strong buy recommendation to the company. World Fuel Services’ rating score has declined by 14.6% in the last 90 days as a result of various analysts’ ratings changes.

Analysts have set a 1 year consensus price target of $39.67 for the company and are forecasting that the company will post $0.63 EPS for the current quarter, according to Zacks. Zacks has also given World Fuel Services an industry rank of 180 out of 265 based on the ratings given to its competitors.

Several brokerages have recently issued reports on INT. Bank of America cut shares of World Fuel Services from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $41.00 to $36.00 in a research report on Tuesday, September 26th. BidaskClub upgraded shares of World Fuel Services from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th.

A number of institutional investors have recently bought and sold shares of INT. Acrospire Investment Management LLC raised its position in World Fuel Services by 130.8% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,000 shares of the oil and gas company’s stock worth $115,000 after purchasing an additional 1,700 shares during the period. Victory Capital Management Inc. raised its position in World Fuel Services by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 3,789 shares of the oil and gas company’s stock worth $146,000 after purchasing an additional 567 shares during the period. Salem Investment Counselors Inc. purchased a new stake in World Fuel Services in the 3rd quarter worth about $170,000. Cubist Systematic Strategies LLC purchased a new stake in World Fuel Services in the 2nd quarter worth about $195,000. Finally, TD Asset Management Inc. purchased a new stake in World Fuel Services in the 3rd quarter worth about $204,000. 89.71% of the stock is currently owned by institutional investors.

Shares of World Fuel Services (NYSE INT) traded down $0.17 during midday trading on Friday, hitting $27.19. 500,882 shares of the stock traded hands, compared to its average volume of 461,989. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.63 and a quick ratio of 1.42. The stock has a market cap of $1,838.56, a PE ratio of 17.21, a price-to-earnings-growth ratio of 2.43 and a beta of 0.92. World Fuel Services has a 52-week low of $25.80 and a 52-week high of $47.49.

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

World Fuel Services announced that its board has authorized a share buyback program on Wednesday, October 4th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the oil and gas company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 15th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 14th. World Fuel Services’s dividend payout ratio is 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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