World Kinect Stock Today
| WKC Stock | 29.14 0.16 0.55% |
Performance2 of 100
| Odds Of DistressLess than 6
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World Kinect is trading at 29.14 as of the 28th of November 2024, a 0.55% increase since the beginning of the trading day. The stock's open price was 28.98. World Kinect has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for World Kinect are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Energy | IPO Date 30th of July 1990 |
World Kinect is entity of United States. It is traded as Stock on NYSE exchange. The company has 58.08 M outstanding shares of which 6.01 M shares are at this time shorted by investors with about 6.84 days to cover. More on World Kinect
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ESG Sustainability
Environmental | Governance | Social |
| CEO Chairman | Michael Kasbar | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing, Energy, NYSE Composite, Wholesale, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWorld Kinect can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand World Kinect's financial leverage. It provides some insight into what part of World Kinect's total assets is financed by creditors.
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World Kinect (WKC) is traded on New York Stock Exchange in USA. It is located in 9800 N.W 41st Street, Miami, FL, United States, 33178 and employs 5,289 people. World Kinect is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.69 B. World Kinect runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 58.08 M outstanding shares of which 6.01 M shares are at this time shorted by investors with about 6.84 days to cover.
World Kinect has about 298.4 M in cash with 271.3 M of positive cash flow from operations.
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Ownership AllocationThe majority of World Kinect outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in World Kinect to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in World Kinect. Please pay attention to any change in the institutional holdings of World Kinect as this could imply that something significant has changed or is about to change at the company.
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World Kinect Historical Income Statement
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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 |
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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.
Please note, there is a significant difference between World Kinect's value and its price as these two are different measures arrived at by different 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.