Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified World Fuel Services as such a stock due to the following factors:
- INT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $40.8 million.
- INT has traded 2,526 shares today.
- INT is trading at a new lifetime high.
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More details on INT:
World Fuel Services Corporation, a fuel logistics company, markets, sells, and distributes aviation, marine, and land fuel products and related services worldwide. It operates through three segments: Aviation, Marine, and Land. The stock currently has a dividend yield of 0.3%. INT has a PE ratio of 17.4. Currently there is 1 analyst that rates World Fuel Services a buy, no analysts rate it a sell, and 1 rates it a hold.
The average volume for World Fuel Services has been 507,200 shares per day over the past 30 days. World Fuel Services has a market cap of $3.6 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.02 and a short float of 6.4% with 4.81 days to cover. Shares are up 7.8% year-to-date as of the close of trading on Tuesday.
rates World Fuel Services as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 21.4%. Since the same quarter one year prior, revenues rose by 11.6%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The current debt-to-equity ratio, 0.42, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.15, which illustrates the ability to avoid short-term cash problems.
- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- WORLD FUEL SERVICES CORP has improved earnings per share by 8.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, WORLD FUEL SERVICES CORP increased its bottom line by earning $2.84 versus $2.65 in the prior year. This year, the market expects an improvement in earnings ($2.97 versus $2.84).
- The net income growth from the same quarter one year ago has significantly exceeded that of the Oil, Gas & Consumable Fuels industry average, but is less than that of the S&P 500. The net income increased by 8.1% when compared to the same quarter one year prior, going from $51.47 million to $55.66 million.
- You can view the full World Fuel Services Ratings Report.