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How to Buy World Kinect Stock

World Kinect Corp

World Kinect is a oil & gas refining & marketing company located in Florida, United States, which is part of the Energy sector, and is traded under the ticker WKC on the NYSE exchange.

World Kinect stock last closed at $26.46, up 2.08% from the previous day, and has increased 7.17% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.15 percentage points. World Kinect stock is currently +49.58% from its 52-week low of $17.69, and -0.34% from its 52-week high of $26.55.

At the moment, there are 59.85M shares of WKC outstanding. The market cap of WKC is $1.58B. In the last 24 hours, 1.12M WKC shares were traded.

How to Buy World Kinect Stock

Wondering how to invest in World Kinect stock? Here's how.
  1. Decide where to buy World Kinect stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy World Kinect stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your method of payment and add your information.
  4. Research World Kinect stock: The World Kinect ticker symbol is WKC. Is World Kinect stock a good investment? Should you buy shares of WKC? How do WKC's underlying business fundamentals look? Do top analysts think World Kinect is a good buy? Why has WKC's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if WKC is a good stock to buy).
  5. Execute your WKC trade: Decide if you will purchase WKC shares at the current market price or use a limit order to purchase WKC shares at a specific price.
  6. Monitor your WKC position: Create a watchlist to important updates regarding your investment in World Kinect shares.

Step 1: Decide where to buy World Kinect stock

You will need a brokerage account to access the NYSE market and buy WKC shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal information so you are able to buy WKC today.

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Step 3: Deposit money your brokerage account

Now that you've opened your account on a good online stock trading app, your next step is to transfer the money for your investment:

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Step 4: Research World Kinect stock

After you have selected the best place to buy World Kinect stock, it's crucial to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the upside.

World Kinect Metrics

WKC Price
$26.46
1w %
1.77%
1y %
7.17%
5y %
-9.13%
P/E
30.77x
P/B
0.82x
P/S
0.03x
PEG
0.24x
Revenue
$47.71B
Earnings
$52.90M
Fore. Rev. Growth
0.83%
Fore. Earn. Growth
141.6%
Market Cap
$1.58B
Next Earnings
Apr 25, 2024
Next Dividend
Apr 16, 2024

Fundamentals of World Kinect

WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on WKC's stock page.

Is WKC stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge WKC's intrinsic value.

Using relative valuations ratios:

  • WKC may be overvalued based on its P/E ratio of 30.77x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 8.8x
  • WKC could be undervalued based on its P/B ratio of 0.82x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.26x
  • WKC could be undervalued based on its PEG ratio of 0.24x

You can access more valuation research on WKC's stock here.

A quick look at WKC Financials

Positive Financial Indicators:

  • WKC's operating cash flow of $271.30M allows it to safely service it's debt of $887.90M.
  • There are more short-term assets than short-term liabilities on the WKC balance sheet.
  • There are more short-term assets than long-term liabilities on the WKC balance sheet.

Negative Financial Indicators:

  • WKC earnings of $193.60M is not enough to cover its interest payments.
  • Total WKC debt is higher than 5 years ago, relative to shareholder equity.
  • WKC profit margin has gone down from 0.2% to 0.1% in the past year.
  • WKC has a relatively high debt to equity ratio of 2.79.

Is WKC stock a Buy, Hold, or Sell, according to analysts?

Out of 3 sell side analysts who give forecasts on WKC, the consensus analyst rating on World Kinect is a Hold

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the World Kinect stock forecast page.

WKC Momentum

SMA10
25.76
SMA20
25.03
SMA50
23.98
SMA100
22.71
SMA200
22.33
MACD
0.63
MACD Signal
0.53
MACD Histogram
0.1
RSI
65.75
Stochastic %K
87.12
Stochastic %D
85.71
StochRSI %K
82.58
StochRSI %D
82.8

WKC Earnings

Last year, WKC earnings were $52.90M. During the last 5 year, WKC's earnings have grown by -14.57% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 21%.

Last year, WKC revenue was $47.71B. In the past 5 year, WKC's revenue has gone up by 3.72% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 7.37%.

Learn more about WKC's earnings and revenue performance here.

Who is buying/selling WKC?

In the last year, executives and large shareholders at WKC have sold more shares than they have bought.

Ira M. Birns, Executive VP CFO of WKC, was the latest WKC insider to sell. They sold $84,417.84 worth of WKC stock on Mar 15, 2024.

Research more about who owns WKC stock here.

Does WKC stock generate passive income?

World Kinect pays a dividend of 2.76%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.46%. If you owned $1,000 worth of WKC stock, you would have received $27.59 in the past year.

World Kinect dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about World Kinect dividend yield and history here.

What others are saying about WKC

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Step 5: Execute your WKC trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Monitor your WKC position

Now that you own some shares in WKC, you'll want to keep up with your investment.

Put WKC on a watchlist to get alerted to the latest events about your WKC stock.

WKC Feed

How to Buy Stock in World Kinect

To reiterate, here are the 6 steps you need to take to buy World Kinect stock right now:

  1. Decide where to buy World Kinect stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Research World Kinect stock
  5. Execute your WKC trade
  6. Monitor your WKC position

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in World Kinect, create a watchlist today.

NYSE: WKC
$26.46+0.54 (+2.08%)
Updated Mar 27, 2024
Open eToro Account
NYSE: WKC
$26.46+0.54 (+2.08%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one World Kinect share?

As of Mar 27, 2024, it costs $26.46 to buy one share of World Kinect stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.378 shares of WKC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy World Kinect stock?

According to 3 Wall Street analysts who monitor World Kinect, their consensus recommendation is to hold World Kinect stock.

What is the best way to buy World Kinect stock?

One way to place an order for World Kinect stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.