World Fuel Services (NYSE:INT) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of World Fuel Services (NYSE:INT – Get Rating) in a report issued on Thursday morning. The firm issued a hold rating on the oil and gas company’s stock.

World Fuel Services Trading Down 3.7 %

INT opened at $23.34 on Thursday. World Fuel Services has a 52 week low of $19.29 and a 52 week high of $30.65. The stock’s fifty day moving average is $27.84 and its two-hundred day moving average is $26.86. The company has a market capitalization of $1.45 billion, a P/E ratio of 12.90, a PEG ratio of 2.24 and a beta of 1.26. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 0.42.

World Fuel Services (NYSE:INT – Get Rating) last posted its quarterly earnings data on Thursday, February 23rd. The oil and gas company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. The firm had revenue of $13.88 billion during the quarter, compared to analysts’ expectations of $14.56 billion. World Fuel Services had a return on equity of 6.56% and a net margin of 0.19%. During the same quarter last year, the firm earned $0.28 EPS. Analysts forecast that World Fuel Services will post 2.16 earnings per share for the current year.

Institutional Trading of World Fuel Services

Institutional investors have recently made changes to their positions in the business. Whittier Trust Co. acquired a new stake in shares of World Fuel Services in the 3rd quarter worth $26,000. Gladius Capital Management LP acquired a new stake in World Fuel Services during the 4th quarter worth about $37,000. Rockefeller Capital Management L.P. lifted its position in World Fuel Services by 1,982.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,395 shares of the oil and gas company’s stock worth $38,000 after acquiring an additional 1,328 shares during the period. Quadrant Capital Group LLC lifted its position in World Fuel Services by 80.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,664 shares of the oil and gas company’s stock worth $45,000 after acquiring an additional 744 shares during the period. Finally, Lazard Asset Management LLC lifted its holdings in shares of World Fuel Services by 1,515.1% in the 1st quarter. Lazard Asset Management LLC now owns 2,358 shares of the oil and gas company’s stock valued at $63,000 after buying an additional 2,212 shares during the period. Institutional investors and hedge funds own 90.79% of the company’s stock.

About World Fuel Services

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World Fuel Services Corp. engages in the distribution of fuel and related products and services in the aviation, marine, and land transportation industries. It operates through the following segments: Aviation, Land, and Marine. The Aviation segment supply fuel and service solutions to commercial airlines, second and third-tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, and private aircraft.