World Kinect Corp (NYSE: WKC) is 2.04% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WKC stock was last observed hovering at around $27.66 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $28.07, the stock is 2.35% and 0.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.65 million and changing 1.48% at the moment leaves the stock 3.01% off its SMA200. WKC registered 29.12% gain for a year compared to 6-month gain of 5.96%. The firm has a 50-day simple moving average (SMA 50) of $27.984 and a 200-day simple moving average (SMA200) of $27.2511.
The stock witnessed a -0.60% loss in the last 1 month and extending the period to 3 months gives it a -10.06%, and is 4.00% up 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 2.03% over the week and 2.31% over the month.
World Kinect Corp (WKC) has around 5289 employees, a market worth around $1.63B and $44.44B in sales. Current P/E ratio is 12.49 and Fwd P/E is 11.48. Profit margin for the company is 0.30%. Distance from 52-week low is 32.34% and -11.47% from its 52-week high. The company has generated returns on investments over the last 12 months (4.73%).
with sales reaching $11.23B over the same period.The EPS is expected to grow by 8.08% this year, but quarterly earnings will post -7.88% year-over-year. Quarterly sales are estimated to shrink -6.41% in year-over-year returns.
World Kinect Corp (WKC) Top Institutional Holders
363.0 institutions hold shares in World Kinect Corp (WKC), with institutional investors hold 120.11% of the company’s shares. The shares outstanding are 58.10M, and float is at 56.14M with Short Float at 9.17%. Institutions hold 116.16% 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).
