Is World Kinect Stock a Good Investment?
World Kinect Investment Advice | WKC |
- Examine World Kinect's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research World Kinect's leadership team and their track record. Good management can help World Kinect navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact World Kinect's business and its evolving consumer preferences.
- Compare World Kinect's performance and market position to its competitors. Analyze how World Kinect is positioned in terms of product offerings, innovation, and market share.
- Check if World Kinect pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about World Kinect's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in World Kinect stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if World Kinect is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine World Kinect Stock
Researching World Kinect's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.83. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. World Kinect last dividend was issued on the 30th of September 2024. The entity had 2:1 split on the 8th of December 2009.
To determine if World Kinect is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding World Kinect's research are outlined below:
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| On 16th of October 2024 World Kinect paid 0.17 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Does World Kinect Have A Healthy Balance Sheet |
World Kinect Quarterly Accounts Payable |
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World Kinect uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in World Kinect. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to World Kinect's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact World Kinect's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises World Kinect's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-02-21 | 2018-12-31 | 0.45 | 0.5 | 0.05 | 11 | ||
2021-04-29 | 2021-03-31 | 0.275 | 0.33 | 0.055 | 20 | ||
2023-02-23 | 2022-12-31 | 0.48 | 0.54 | 0.06 | 12 | ||
2018-10-25 | 2018-09-30 | 0.56 | 0.63 | 0.07 | 12 | ||
2024-07-25 | 2024-06-30 | 0.56 | 0.48 | -0.08 | 14 | ||
2019-10-30 | 2019-09-30 | 0.69 | 0.77 | 0.08 | 11 | ||
2014-02-12 | 2013-12-31 | 0.68 | 0.76 | 0.08 | 11 | ||
2016-07-27 | 2016-06-30 | 0.56 | 0.65 | 0.09 | 16 |
World Kinect's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.69 B.Market Cap |
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World Kinect's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.03 |
Determining World Kinect's profitability involves analyzing its financial statements and using various financial metrics to determine if World Kinect is a good buy. For example, gross profit margin measures World Kinect's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of World Kinect's profitability and make more informed investment decisions.
World Kinect's Earnings Breakdown by Geography
Please note, the presentation of World Kinect's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, World Kinect's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of World Kinect's management manipulating its earnings.
Evaluate World Kinect's management efficiency
World Kinect has Return on Asset of 0.0185 % which means that on every $100 spent on assets, it made $0.0185 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0667 %, implying that it generated $0.0667 on every 100 dollars invested. World Kinect's management efficiency ratios could be used to measure how well World Kinect manages its routine affairs as well as how well it operates its assets and liabilities. As of November 30, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.06. At present, World Kinect's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 669.9 M, whereas Intangible Assets are forecasted to decline to about 164.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.75 | 33.34 | |
| Tangible Book Value Per Share | 6.71 | 3.90 | |
| Enterprise Value Over EBITDA | 6.50 | 10.32 | |
| Price Book Value Ratio | 0.73 | 0.69 | |
| Enterprise Value Multiple | 6.50 | 10.32 | |
| Price Fair Value | 0.73 | 0.69 | |
| Enterprise Value | 3 B | 3.1 B |
Understanding the management dynamics of World Kinect allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Dividend Yield 0.0233 | Forward Dividend Yield 0.0233 | Forward Dividend Rate 0.68 | Beta 1.271 |
Basic technical analysis of World Stock
As of the 30th of November, World Kinect maintains the Mean Deviation of 1.31, market risk adjusted performance of 0.049, and Downside Deviation of 3.23. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of World Kinect, as well as the relationship between them.World Kinect's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific World Kinect insiders, such as employees or executives, is commonly permitted as long as it does not rely on World Kinect's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases World Kinect insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
World Kinect's Outstanding Corporate Bonds
World Kinect issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. World Kinect uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most World bonds can be classified according to their maturity, which is the date when World Kinect has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US981419AC85 Corp BondUS981419AC85 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand World Kinect's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing World Kinect's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0283 | |||
| Market Risk Adjusted Performance | 0.049 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 3.0 | |||
| Downside Deviation | 3.23 | |||
| Coefficient Of Variation | 3573.46 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.039 | |||
| Maximum Drawdown | 19.47 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 10.42 | |||
| Semi Variance | 9.0 | |||
| Expected Short fall | (1.35) | |||
| Skewness | (3.65) | |||
| Kurtosis | 25.93 |
| Risk Adjusted Performance | 0.0283 | |||
| Market Risk Adjusted Performance | 0.049 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 3.0 | |||
| Downside Deviation | 3.23 | |||
| Coefficient Of Variation | 3573.46 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.039 | |||
| Maximum Drawdown | 19.47 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 10.42 | |||
| Semi Variance | 9.0 | |||
| Expected Short fall | (1.35) | |||
| Skewness | (3.65) | |||
| Kurtosis | 25.93 |
Consider World Kinect's intraday indicators
World Kinect intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of World Kinect stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 7059.77 | |||
| Daily Balance Of Power | (0.28) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 29.15 | |||
| Day Typical Price | 29.08 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.19) | |||
| Relative Strength Index | 47.34 |
World Kinect Corporate Filings
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 25th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
World Stock media impact
Far too much social signal, news, headlines, and media speculation about World Kinect that are available to investors today. That information is available publicly through World media outlets and privately through word of mouth or via World internal channels. However, regardless of the origin, that massive amount of World data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of World Kinect news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of World Kinect relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to World Kinect's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive World Kinect alpha.
World Kinect Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards World Kinect can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
World Kinect Corporate Management
| Amy Avalos | Chief VP | Profile | |
| John Rau | Land Aviation | Profile | |
| Fernando Casadevall | Chief Officer | Profile | |
| Wade DeClaris | Chief Officer | Profile | |
| Josh McLean | Chief Officer | Profile |
Already Invested in World Kinect?
The danger of trading World Kinect is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of World Kinect is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than World Kinect. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile World Kinect is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether World Kinect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of World Kinect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of World Kinect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on World Kinect Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Kinect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade World Stock refer to our How to Trade World Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Kinect. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Kinect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 0.65 | Earnings Share 2.27 | Revenue Per Share 743.272 | Quarterly Revenue Growth (0.14) |
The market value of World Kinect is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Kinect's value that differs from its market value or its book value, called intrinsic value, which is World Kinect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Kinect's market value can be influenced by many factors that don't directly affect World Kinect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between World Kinect's value and its price, as these two are different measures arrived at by various means. Investors typically determine if World Kinect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Kinect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.