News stories about World Fuel Services (NYSE:INT) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. World Fuel Services earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 46.6955092131956 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Japan Airlines invests $10 mln in supersonic jet company Boom (gdnonline.com)
- PoweReliability-as-a-Service Enables DER Integration for Microgrid Applications (renewableenergyworld.com)
- Japan Airlines invests $10 million in supersonic jet company Boom (reuters.com)
- Fairbanks Morse Introduces PoweReliability-as-a-Service to Deliver Affordable Power Where it is Needed Most in the World (globenewswire.com)
- Lightbridge Corporation to Present at RedChip’s Global Online Growth Conference (markets.businessinsider.com)
A number of equities research analysts recently commented on INT shares. BidaskClub upgraded shares of World Fuel Services from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Bank of America cut shares of World Fuel Services from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $41.00 to $36.00 in a report on Tuesday, September 26th.
World Fuel Services (INT) opened at $27.83 on Wednesday. World Fuel Services has a 1-year low of $25.80 and a 1-year high of $47.49. 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 $1,896.03, a PE ratio of 17.75, a price-to-earnings-growth ratio of 2.50 and a beta of 0.92.
World Fuel Services (NYSE:INT) last issued its earnings results on Thursday, October 26th. The oil and gas company reported $0.60 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.60. World Fuel Services had a net margin of 0.08% and a return on equity of 5.54%. The company had revenue of $8.54 billion during the quarter, compared to analysts’ expectations of $8.19 billion. During the same period last year, the company posted $0.82 earnings per share. The firm’s quarterly revenue was up 15.4% compared to the same quarter last year. equities research analysts anticipate that World Fuel Services will post 2.24 EPS for the current year.
World Fuel Services declared that its Board of Directors has initiated a share buyback plan on Wednesday, October 4th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the oil and gas company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 15th will be issued a $0.06 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.24 dividend on an annualized basis and a yield of 0.86%. World Fuel Services’s dividend payout ratio (DPR) is presently 68.57%.
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About World Fuel Services
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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