World Kinect (NYSE:WKC) Issues FY 2026 Earnings Guidance
by Scott Moore · The Cerbat GemWorld Kinect (NYSE:WKC – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.650-2.850 for the period, compared to the consensus estimate of 2.180. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on WKC. Morgan Stanley reduced their price target on World Kinect from $27.00 to $25.00 and set an “underweight” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of World Kinect in a report on Monday, December 29th. Finally, Zacks Research upgraded World Kinect from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 25th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $28.00.
Get Our Latest Analysis on World Kinect
World Kinect Stock Up 1.9%
Shares of NYSE WKC traded up $0.44 during midday trading on Thursday, hitting $23.62. The stock had a trading volume of 772,497 shares, compared to its average volume of 833,771. The business’s 50 day moving average is $24.02 and its 200-day moving average is $24.82. The company has a market cap of $1.21 billion, a P/E ratio of -2.13, a PEG ratio of 0.62 and a beta of 1.11. World Kinect has a 52 week low of $22.21 and a 52 week high of $29.85. The company has a quick ratio of 0.92, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.
World Kinect (NYSE:WKC – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $999.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $998.42. World Kinect had a negative net margin of 1.66% and a positive return on equity of 6.62%. World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. As a group, analysts predict that World Kinect will post 2.18 EPS for the current year.
World Kinect Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 16th. Investors of record on Monday, March 30th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.80 annualized dividend and a yield of 3.4%. World Kinect’s dividend payout ratio is -7.22%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of WKC. Royal Bank of Canada boosted its position in World Kinect by 2.2% in the first quarter. Royal Bank of Canada now owns 68,228 shares of the company’s stock worth $1,934,000 after purchasing an additional 1,481 shares during the last quarter. AQR Capital Management LLC increased its stake in World Kinect by 16.5% in the 1st quarter. AQR Capital Management LLC now owns 119,198 shares of the company’s stock worth $3,380,000 after buying an additional 16,874 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in World Kinect by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,972 shares of the company’s stock worth $963,000 after buying an additional 1,497 shares in the last quarter. Millennium Management LLC increased its stake in World Kinect by 3.3% in the 1st quarter. Millennium Management LLC now owns 525,697 shares of the company’s stock worth $14,909,000 after buying an additional 16,738 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in World Kinect by 18.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,791 shares of the company’s stock worth $6,262,000 after buying an additional 34,807 shares in the last quarter. 97.06% of the stock is owned by hedge funds and other institutional investors.
About World Kinect
World Kinect Energy Services, Inc (NYSE: WKC) is a global energy services company specializing in fuel procurement, supply chain management and risk mitigation solutions. The company offers an integrated platform that facilitates the sourcing, trading and logistics of refined fuels, natural gas, liquefied natural gas (LNG) and renewable energy products. Its services are designed to help industrial, commercial and institutional clients optimize energy costs, comply with environmental regulations and manage price volatility.
In addition to traditional commodity trading and delivery, World Kinect provides a suite of value-added services that include carbon offset and decarbonization strategies, energy efficiency consulting and emissions reporting.