World Fuel Services Corporation (INT) Earning Somewhat Positive Media Coverage, Report Finds
News articles about World Fuel Services Corporation (NYSE:INT) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. World Fuel Services Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.3081284145064 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- World Fuel Services Corp (NYSE:INT) and Global Partners (GLP) Head to Head Comparison (americanbankingnews.com)
- Robert Alexander Lake Sells 1,500 Shares of World Fuel Services Corporation (NYSE:INT) Stock (americanbankingnews.com)
- Why World Fuel Services (INT) Could Be Positioned for a Slump (finance.yahoo.com)
- Comparing World Fuel Services Corporation (INT) and Global Partners (GLP) (americanbankingnews.com)
- Critical Analysis: World Fuel Services Corporation (NYSE:INT) & CrossAmerica Partners (CAPL) (americanbankingnews.com)
INT has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. TheStreet cut shares of World Fuel Services Corporation from a “b” rating to a “c” rating in a research note on Friday, May 5th. Finally, BidaskClub raised shares of World Fuel Services Corporation from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th.
World Fuel Services Corporation (INT) traded up 0.75% during midday trading on Friday, reaching $33.64. 444,589 shares of the company’s stock traded hands. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 22.03 and a beta of 0.93. The firm’s 50-day moving average is $37.04 and its 200-day moving average is $37.60. World Fuel Services Corporation has a 1-year low of $32.28 and a 1-year high of $47.49.
World Fuel Services Corporation (NYSE:INT) last announced its earnings results on Thursday, July 27th. The oil and gas company reported $0.50 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.06. The company had revenue of $8.09 billion for the quarter, compared to analysts’ expectations of $8.41 billion. World Fuel Services Corporation had a return on equity of 5.60% and a net margin of 0.34%. The company’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same period last year, the business earned $0.63 EPS. Analysts forecast that World Fuel Services Corporation will post $2.28 earnings per share for the current year.
In other news, Director Ken Bakshi sold 3,049 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $38.05, for a total value of $116,014.45. Following the completion of the transaction, the director now owns 35,726 shares of the company’s stock, valued at $1,359,374.30. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Robert Alexander Lake sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $35.00, for a total transaction of $52,500.00. Following the completion of the transaction, the executive vice president now directly owns 42,302 shares of the company’s stock, valued at approximately $1,480,570. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.
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About World Fuel Services Corporation
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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