World Fuel Services Corporation – Consensus ‘Strong_Buy’ rating and 40.2% Upside Potential

Broker Ratings
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World Fuel Services Corporation which can be found using ticker (INT) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price High/Low ranges between 35 and 35 with the average target price sitting at $35.00. Now with the previous closing price of $24.96 this indicates there is a potential upside of 40.2%. The 50 day MA is $27.27 and the 200 day MA is $25.99. The market capitalization for the company is $1,547m. Find out more information at: https://www.wfscorp.com

The potential market cap would be $2,170m based on the market consensus.

World Fuel Services Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. Its Aviation segment supplies fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, charters, fractional operators, private aircraft, the U.S., foreign governments, intergovernmental, and military customers. This segment also offers fuel management, price risk management, ground handling, dispatch services and trip planning services, such as flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, natural gas, power, and related products and services to retail petroleum operators, as well as industrial, commercial, residential and government customers. This segment also offers energy procurement management, price risk management, and sustainability solutions, such as carbon management and renewable energy solutions; distributes fuel under long-term contracts to branded and unbranded distributors, convenience stores, and retail fuel outlets operated by third parties; and distributes heating oil and unbranded fuel, as well as offers transportation logistics. Its Marine segment markets fuel, lubricants, and related products and services to international container, dry bulk and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S., foreign governments, and other fuel suppliers. Its marine fuel-related services include management services to procure fuel, cost control, quality control, and claims management services. This segment also engages in the fueling of vessels, and transportation and delivery of fuel and fuel-related products. World Fuel Services Corporation was incorporated in 1984 and is headquartered in Miami, Florida.

The company has a dividend yield of 2.24% with the ex dividend date set at 5-4-2023 (DMY).

Other points of data to note are a P/E ratio of 13.7, revenue per share of 947.72 and a 2.42% return on assets.

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