World Fuel Services (NYSE:INT) was downgraded by stock analysts at TheStreet from a “c-” rating to a “d+” rating in a research note issued on Friday.
Other analysts also recently issued reports about the stock. Stifel Nicolaus decreased their target price on shares of World Fuel Services from $46.00 to $40.00 and set a “buy” rating for the company in a research report on Friday. ValuEngine downgraded shares of World Fuel Services from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research raised shares of World Fuel Services from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th. Finally, Seaport Global Securities assumed coverage on shares of World Fuel Services in a report on Friday, February 9th. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $38.00.
Shares of World Fuel Services (NYSE:INT) opened at $23.35 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.26. The company has a market cap of $1,580.00, a P/E ratio of -56.95, a price-to-earnings-growth ratio of 1.71 and a beta of 0.87. World Fuel Services has a 1 year low of $20.64 and a 1 year high of $40.16.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue bought a new stake in shares of World Fuel Services during the 4th quarter worth $146,000. Amundi Pioneer Asset Management Inc. bought a new stake in shares of World Fuel Services during the 4th quarter worth $155,000. Salem Investment Counselors Inc. bought a new stake in shares of World Fuel Services during the 3rd quarter worth $170,000. Itau Unibanco Holding S.A. boosted its holdings in shares of World Fuel Services by 51.7% during the 4th quarter. Itau Unibanco Holding S.A. now owns 6,091 shares of the oil and gas company’s stock worth $171,000 after buying an additional 2,077 shares during the period. Finally, Weaver C. Barksdale & Associates Inc. boosted its holdings in shares of World Fuel Services by 43.6% during the 4th quarter. Weaver C. Barksdale & Associates Inc. now owns 6,479 shares of the oil and gas company’s stock worth $182,000 after buying an additional 1,966 shares during the period. 85.89% of the stock is owned by institutional investors and hedge funds.
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World Fuel Services 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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