Despite a sustainable dividend, World Kinect's declining earnings per share suggest it's paying out more profits, which isn't long-term sustainable. Hence, the analyst isn't inclined to buy at this time.
The recent insider sale at around US$24.02 is not a positive sign. The absence of insider buying in the last year and insignificant insider ownership suggest caution for potential investors.
World Kinect's share price uptick of 4.2% may signal positive future trends, despite unchanged market sentiment and declining EPS over the past three years. Despite a 20% market gain, World Kinect shareholders lost 16%, dividends included.
World Kinect Stock Forum
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