World Kinect Corp (NYSE: WKC) is -0.04% lower on its value in year-to-date trading and has touched a low of $21.21 and a high of $31.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WKC stock was last observed hovering at around $27.21 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $27.50, the stock is -0.46% and -1.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.43 million and changing 1.07% at the moment leaves the stock 1.06% off its SMA200. WKC registered 22.01% gain for a year compared to 6-month gain of 10.00%. The firm has a 50-day simple moving average (SMA 50) of $27.8264 and a 200-day simple moving average (SMA200) of $27.211.
The stock witnessed a -2.76% loss in the last 1 month and extending the period to 3 months gives it a -9.54%, and is -0.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.13% over the week and 2.30% over the month.
World Kinect Corp (WKC) has around 5289 employees, a market worth around $1.60B and $44.44B in sales. Current P/E ratio is 12.23 and Fwd P/E is 11.25. Profit margin for the company is 0.30%. Distance from 52-week low is 29.66% and -13.26% from its 52-week high. The company has generated returns on investments over the last 12 months (4.73%).
The EPS is expected to grow by 8.08% this year
363.0 institutions hold shares in World Kinect Corp (WKC), with institutional investors hold 116.78% of the company’s shares. The shares outstanding are 58.10M, and float is at 56.14M with Short Float at 11.28%. Institutions hold 112.94% of the Float.
World Kinect Corp (WKC) Insider Activity
The most recent transaction is an insider sale by Tejada Jose-Miguel, the company’s SVP, Chief Accounting Officer. SEC filings show that Tejada Jose-Miguel sold 2,500 shares of the company’s common stock on Nov 18 ’24 at a price of $28.08 per share for a total of $70188.0. Following the sale, the insider now owns 30858.0 shares.
Still, SEC filings show that on Oct 30 ’24, KASSAR RICHARD A (Director) disposed off 20,000 shares at an average price of $26.10 for $0.52 million. The insider now directly holds 57,087 shares of World Kinect Corp (WKC).
