Alert: Negative Investment/Fundamental Signals (11/6/23)-World Fuel Services Corp (NYSE: INT)


Extremely meaningful negative changes in fundamentals have recently occurred for World Fuel Services Corp (NYSE: INT): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2023 decreased significantly.

World Fuel Services Corp (NYSE: INT) has recently experienced meaningful negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

INT is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

World Fuel Services has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. World Fuel Services has a very high Appreciation Score of 86 but a slightly negative Power Rating of 34, resulting in the High Neutral Value Trend Rating.

Recent Price Action

World Fuel Services Corp (NYSE: INT) stock closed at $20.24 on 11/6/23 after a modest decline of -0.8%. The stock has risen 11.6% during the last week but has been weak relative to the market over the last nine months.

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