An Evaluation Of World Kinect Corp (NYSE: WKC) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

WKC belongs to the Energy sector of the NYSE while operating in the Oil & Gas Refining & Marketing industry. The current market capitalization of World Kinect Corp is $1.69B. A total of 0.82 million shares were traded on the day, compared to an average of 910.57K shares.

In the most recent transaction, Tejada Jose-Miguel sold 2,500 shares of WKC for 28.08 per share on Nov 18 ’24. After the transaction, the SVP, Chief Accounting Officer now owns 30,858 company shares. In a previous transaction on Nov 18 ’24, Tejada Jose-Miguel bought 2,500 shares at 28.08 per share.

Among the insiders who sold shares, KASSAR RICHARD A disposed of 20,000 shares on Oct 30 ’24 at a per-share price of $26.10. This resulted in the Director holding 57,087 shares of WKC after the transaction. In another insider transaction, KASSAR RICHARD A bought 20,000 shares at $26.10 per share on Oct 30 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. World Kinect Corp pays an annual dividend of $0.65, resulting in a dividend yield of 2.23%, and it has a price to earnings (P/E) ratio of 12.96. WKC’s most recent ex-dividend date was 9/30/2024 when it declared a $0.17 quarterly dividend that was paid in cash on 10/16/2024. Previously, the company paid the dividend on 7/16/2024 with an ex-dividend date of 6/17/2024. The WKC stock dividend was $0.17 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, WKC has a high of $31.70 and a low of $20.00.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. WKC’s latest balance sheet shows that the firm has $652.20M in Cash & Short Term Investments as of fiscal 2021. There were $508.70M in debt and $3.10B in liabilities at the time. Its Book Value Per Share was $35.19, while its Total Shareholder’s Equity was $1.92B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WKC is Buy with a score of 2.80.

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