The World Fuel Services Corp (INT) Given Consensus Recommendation of “Buy” by Brokerages

The World Fuel Services Corp (INT) Given Consensus Recommendation of “Buy” by Brokerages

Analysts have set a twelve-month consensus price objective of $44.00 for the company and are expecting that the company will post $0.56 EPS for the current quarter, according to Zacks. Zacks has also assigned World Fuel Services Corp an industry rank of 110 out of 265 based on the ratings given to related companies.

Shares of World Fuel Services Corp (NYSE:INT) have received a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Several analysts have commented on INT shares. Zacks Investment Research upgraded shares of World Fuel Services Corp from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. TheStreet cut shares of World Fuel Services Corp from a “b” rating to a “c” rating in a research note on Friday, May 5th. In related news, SVP Carlos M. Velazquez sold 1,286 shares of the business’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $37.65, for a total value of $48,417.90. Following the completion of the transaction, the senior vice president now directly owns 20,432 shares in the company, valued at approximately $769,264.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Robert Alexander Lake sold 1,500 shares of the business’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $37.83, for a total transaction of $56,745.00. Following the completion of the transaction, the executive vice president now owns 48,137 shares of the company’s stock, valued at $1,821,022.71. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,286 shares of company stock valued at $672,453. Company insiders own 2.30% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Cornercap Investment Counsel Inc. boosted its position in World Fuel Services Corp by 8.6% in the fourth quarter. Cornercap Investment Counsel Inc. now owns 30,910 shares of the oil and gas company’s stock valued at $1,419,000 after buying an additional 2,455 shares in the last quarter. Panagora Asset Management Inc. boosted its position in World Fuel Services Corp by 14.3% in the third quarter. Panagora Asset Management Inc. now owns 269,432 shares of the oil and gas company’s stock valued at $12,464,000 after buying an additional 33,802 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in World Fuel Services Corp by 140.0% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 4,800 shares of the oil and gas company’s stock valued at $222,000 after buying an additional 2,800 shares in the last quarter. Analytic Investors LLC boosted its position in World Fuel Services Corp by 84.1% in the third quarter. Analytic Investors LLC now owns 131,667 shares of the oil and gas company’s stock valued at $6,091,000 after buying an additional 60,143 shares in the last quarter. Finally, Zacks Investment Management purchased a new position in World Fuel Services Corp during the third quarter valued at about $379,000. Hedge funds and other institutional investors own 89.83% of the company’s stock. Shares of World Fuel Services Corp (NYSE:INT) traded down 0.16% on Thursday, reaching $38.02. 267,046 shares of the company were exchanged. The firm’s 50 day moving average price is $36.54 and its 200 day moving average price is $40.96. World Fuel Services Corp has a 52 week low of $34.79 and a 52 week high of $49.38. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 25.05 and a beta of 1.09.

World Fuel Services Corp Company Profile 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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