World Kinect Corporation downgraded by Morgan Stanley with a new price target
$WKC
Oil Refining/Marketing
Energy
Morgan Stanley downgraded World Kinect Corporation from Equal-Weight to Underweight and set a new price target of $28.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $33.00 → $32.00 | Buy → Hold | Stifel |
| 9/16/2024 | $28.00 | Equal-Weight → Underweight | Morgan Stanley |
| 2/21/2024 | $25.00 | Neutral | JP Morgan |
| 11/6/2023 | $24.00 | Equal-Weight | Morgan Stanley |
| 7/6/2023 | $30.00 | Outperform | Raymond James |
| 6/26/2023 | $29.00 → $22.00 | Buy → Underperform | BofA Securities |
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
3 - WORLD KINECT CORP (0000789460) (Issuer)
Substantially Completes the Strategic Repositioning of the Land Segment Provides Full Year 2026 Outlook World Kinect Corporation (NYSE:WKC) today reported financial results for the fourth quarter and full year 2025. Fourth Quarter 2025 Highlights Gross profit of $235 million GAAP net loss of $280 million, or $5.11 per diluted share Adjusted net income of $17 million, or $0.30 per diluted share Adjusted EBITDA of $75 million Substantially repositions the Land segment, with additional non-core business exits in 2026 Completed the acquisition of Universal Weather and Aviation's Trip Support Services division ("Universal TSS"), expanding Aviation service capabilities
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, February 19, 2026, at 5:00 p.m. ET to discuss the company's fourth quarter and full year 2025 results, as well as certain forward-looking information. The company plans to release its fourth quarter and full year 2025 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.world-kinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy m
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on January 16, 2026 to shareholders of record on December 15, 2025. Additionally, the board of directors approved an additional $150 million share repurchase authorization. The new authorization is in addition to the Company's previous authorization, which had approximately $192 million remaining as of September 30, 2025. "This additional share repurchase authorization underscores our confidence in the company's financial health and disciplined approach to capital allocation," said Mike Tejada, Executive Vice President and Chief Financ
Stifel downgraded World Kinect Corporation from Buy to Hold and set a new price target of $32.00 from $33.00 previously
Morgan Stanley downgraded World Kinect Corporation from Equal-Weight to Underweight and set a new price target of $28.00
JP Morgan initiated coverage of World Kinect Corporation with a rating of Neutral and set a new price target of $25.00
8-K - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
Substantially Completes the Strategic Repositioning of the Land Segment Provides Full Year 2026 Outlook World Kinect Corporation (NYSE:WKC) today reported financial results for the fourth quarter and full year 2025. Fourth Quarter 2025 Highlights Gross profit of $235 million GAAP net loss of $280 million, or $5.11 per diluted share Adjusted net income of $17 million, or $0.30 per diluted share Adjusted EBITDA of $75 million Substantially repositions the Land segment, with additional non-core business exits in 2026 Completed the acquisition of Universal Weather and Aviation's Trip Support Services division ("Universal TSS"), expanding Aviation service capabilities
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, February 19, 2026, at 5:00 p.m. ET to discuss the company's fourth quarter and full year 2025 results, as well as certain forward-looking information. The company plans to release its fourth quarter and full year 2025 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.world-kinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy m
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on January 16, 2026 to shareholders of record on December 15, 2025. Additionally, the board of directors approved an additional $150 million share repurchase authorization. The new authorization is in addition to the Company's previous authorization, which had approximately $192 million remaining as of September 30, 2025. "This additional share repurchase authorization underscores our confidence in the company's financial health and disciplined approach to capital allocation," said Mike Tejada, Executive Vice President and Chief Financ
Chairman & CEO Michael Kasbar to Transition to Executive Chairman John Rau Promoted to President Jose-Miguel (Mike) Tejada Appointed Executive Vice President and Chief Financial Officer World Kinect Corporation (NYSE:WKC), a global energy management, logistics and solutions company, today announced a series of executive leadership appointments. Effective January 1, 2026, the Board of Directors has appointed Ira M. Birns as Chief Executive Officer and as a member of the Board of Directors. Mr. Birns succeeds Michael Kasbar, the company's Chairman and CEO. Mr. Kasbar will transition to Executive Chairman of the Board, effective January 1, 2026. Also effective January 1, 2026, John Rau
World Kinect Corporation (NYSE:WKC) today announced the appointment of Andrea B. Smith to the Board of Directors of the company, effective October 24, 2025. "We are delighted to have Andrea join our Board of Directors," said Michael J. Kasbar, Chairman and Chief Executive Officer. "She is an accomplished financial services executive who brings a wealth of financial, operational and HR expertise." Ms. Smith retired from Bank of America in 2021 after nearly 34 years of service. Ms. Smith most recently served as Bank of America's Chief Administrative Officer, and was a member of Bank of America's executive management team, reporting to its Chief Executive Officer, for more than a decade. P
World Kinect Corporation (NYSE:WKC) today announced the appointment of Greg Piper to the Board of Directors of the company. "We are delighted to have Greg join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "He is an accomplished energy and commodities executive who brings a wealth of operational and management expertise, which will be a strategic asset for our company." Mr. Piper has more than 35 years of successful operational, M&A and business development experience in the global energy, commodity and agriculture sectors. Since 2020, Mr. Piper has served as a senior, independent adviser to executive management, company boards, and investment fu