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NYSE:FLT

FLEETCOR Technologies (FLT) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$265.12
$306.63
52-Week Range
N/A
Volume
334,900 shs
Average Volume
457,405 shs
Market Capitalization
$21.90 billion
P/E Ratio
22.97
Dividend Yield
N/A
Price Target
$303.57

FLEETCOR Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
∞ Upside
$303.57 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
0.04
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
15.88%
From $18.20 to $21.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Business Services Sector

127th out of 298 stocks

Business Services, Not Elsewhere Classified Industry

50th out of 91 stocks

FLT stock logo

About FLEETCOR Technologies Stock (NYSE:FLT)

FLEETCOR Technologies, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. It operates through Vehicle Payments, Corporate Payments, Lodging Payments, and Other segments. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services; as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. FLEETCOR Technologies, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.

FLT Stock News Headlines

Bank of America Securities Reaffirms Their Buy Rating on WEX (WEX)
FLEETCOR Announces Rebranding to Corpay
FLT Apr 2024 240.000 put
FLEETCOR Announces Rebranding to Corpay
What Analysts Are Saying About Fleetcor Technologies Stock
FLEETCOR to Participate in Upcoming Investor Conferences
Fleetcor upsizes credit facility by $600M
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
6/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
33904110
Employees
10,500
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$303.57
High Stock Price Target
$337.00
Low Stock Price Target
$240.00
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$981.89 million
Pretax Margin
35.26%

Debt

Sales & Book Value

Annual Sales
$3.76 billion
Book Value
$45.46 per share

Miscellaneous

Free Float
67,507,000
Market Cap
$21.90 billion
Optionable
Optionable
Beta
1.22

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Key Executives

  • Mr. Ronald F. Clarke (Age 68)
    Chairman, President & CEO
    Comp: $3.99M
  • Ms. Alissa B. Vickery (Age 45)
    Chief Accounting Officer
    Comp: $400.2k
  • Mr. John S. Coughlin (Age 56)
    Senior Advisor
    Comp: $968.53k
  • Mr. Armando Lins Netto (Age 56)
    Group President of Vehicle Payments in Brazil and North America
    Comp: $807.62k
  • Mr. Alan King (Age 47)
    Group President of Vehicle Payments in Europe and Australasia
    Comp: $1.05M
  • Mr. Thomas E. Panther (Age 55)
    Chief Financial Officer
  • Mr. Scott A. Dufour (Age 55)
    Chief Information Officer
  • Mr. James P. Eglseder
    Head of Investor Relations
  • Mr. Daniel S. Fishbein (Age 50)
    General Counsel
  • Mr. Steve C. Greene
    Executive Vice President of Corporate Development & Strategy

Should I Buy FLEETCOR Technologies Stock? FLT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in FLEETCOR Technologies, Inc.:

  • FLEETCOR Technologies, Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a diversified product portfolio catering to various industries, reducing dependency on a single market segment.
  • Recent acquisitions by FLEETCOR Technologies, Inc. have expanded its market reach and enhanced its service offerings, potentially driving future growth.
  • With a current stock price of $XXX, FLEETCOR Technologies, Inc. presents a favorable entry point for investors looking to capitalize on potential price appreciation.
  • The company has a solid track record of profitability and cash flow generation, providing stability and potential for dividend payouts.

Cons

Investors should be bearish about investing in FLEETCOR Technologies, Inc. for these reasons:

  • FLEETCOR Technologies, Inc. operates in a competitive industry with evolving technologies, leading to potential challenges in maintaining market share.
  • Fluctuations in fuel prices and regulatory changes could impact the company's profitability and financial performance.
  • Market volatility and economic uncertainties may affect FLEETCOR Technologies, Inc.'s stock price, leading to potential investment risks.
  • Increased competition in the payment solutions sector could pressure margins and limit growth opportunities for the company.
  • Any adverse impact on global trade or economic conditions could negatively affect FLEETCOR Technologies, Inc.'s international operations and revenue streams.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 4, 2024. Please send any questions or comments about these FLEETCOR Technologies pros and cons to contact@marketbeat.com.

FLT Stock Analysis - Frequently Asked Questions

Should I buy or sell FLEETCOR Technologies stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FLEETCOR Technologies in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FLT shares.
View FLT analyst ratings
or view top-rated stocks.

What is FLEETCOR Technologies' stock price target for 2024?

14 brokers have issued 1-year price targets for FLEETCOR Technologies' shares. Their FLT share price targets range from $240.00 to $337.00. On average, they anticipate the company's share price to reach $303.57 in the next twelve months.
View analysts price targets for FLT
or view top-rated stocks among Wall Street analysts.

How were FLEETCOR Technologies' earnings last quarter?

FLEETCOR Technologies, Inc. (NYSE:FLT) issued its earnings results on Wednesday, February, 7th. The business services provider reported $4.44 EPS for the quarter, missing the consensus estimate of $4.48 by $0.04. The business services provider earned $937.32 million during the quarter, compared to analysts' expectations of $967.01 million. FLEETCOR Technologies had a net margin of 26.13% and a trailing twelve-month return on equity of 37.56%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.83 EPS.
Read the conference call transcript
.

What is Ron Clarke's approval rating as FLEETCOR Technologies' CEO?

237 employees have rated FLEETCOR Technologies Chief Executive Officer Ron Clarke on Glassdoor.com. Ron Clarke has an approval rating of 78% among the company's employees.

What other stocks do shareholders of FLEETCOR Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FLEETCOR Technologies investors own include Netflix (NFLX), NVIDIA (NVDA), Walt Disney (DIS), Broadcom (AVGO), Adobe (ADBE), Boeing (BA), Mastercard (MA), Alibaba Group (BABA), Costco Wholesale (COST) and Gilead Sciences (GILD).

Who are FLEETCOR Technologies' major shareholders?

FLEETCOR Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include SpiderRock Advisors LLC (0.00%), New Mexico Educational Retirement Board (0.01%), Mather Group LLC. (0.00%), Walleye Trading LLC (0.00%) and PEAK6 Investments LLC (0.00%). Insiders that own company stock include Alan King, Alissa B Vickery and Ronald Clarke.
View institutional ownership trends
.

Does FLEETCOR Technologies have any subsidiaries?
The following companies are subsidiares of FLEETCOR Technologies: AFEX, AFEX Global Holdings Limited, AFEX Markets Europe Limited, AFEX Markets PLC, AFEX Offshore Limited, ALE, ALE Solutions Inc., Abbey Euro Diesel Limited, Allstar Business Solutions, Allstar Business Solutions Limited, Associated Foreign Exchange (Schweiz) AG, Associated Foreign Exchange (Singapore) Pte Ltd., Associated Foreign Exchange Australia PTY Ltd., Associated Foreign Exchange Holdings Inc, Associated Foreign Exchange Inc., Associated Foreign Exchange Ireland Limtied, Associated Foreign Exchange Limited, Associated Foreign Exchange ULC, Auto Expresso Technologia S.A., Business Fuel Cards Pty Limited, Buyatab Online Inc, CCS Ceska spolecnost pro platebni karty sro, CCS Slovenska společnost pro platebne karty sro, CFN Holding Co., CGMP Centro de Gestao de Meios de Pagamentos Ltda., CH Jones Limited, CLC Group, CLC Group Inc., CTF, CTF Technologies (Canada) ULC, CTF Technologies Do Brasil Ltda., Cambridge, Cambridge Mercantile (Australia) Pty Ltd., Cambridge Mercantile Corp. (Canada), Cambridge Mercantile Corp. (U.K.) Ltd., Cambridge Mercantile Corp. (USA), Cambridge Mercantile Risk Management (U.K.) Ltd., CardLink, Cardlink Systems Limited, Comdata, Comdata Inc., Comdata LA LLC, Comdata Network Inc. of California, Comdata TN Inc., Corpay, Corpay One ApS, Corpay One Inc., Corporate Lodging Consultants Inc., Creative Lodging Solutions LLC, Crew Transportation Specialists Inc., CrewzIT LLC, DB, Efectivale S. de R.L. de C.V., Efectivale Servicios S. de R.L. de C.V., Epyx, Epyx France SAS, Epyx Limited, FCHC Holding Company LLC, FleetCor Belgium Société Privée à Responsabilité Limitée, FleetCor Commercial Card Management (Canada) Ltd., FleetCor Czech Republic sro, FleetCor Deutschland GmbH, FleetCor Europe Limited, FleetCor Fuel Cards (Europe) Ltd, FleetCor Fuel Cards LLC, FleetCor Funding LLC (SPV), FleetCor Hungary kft., FleetCor Jersey Holding Limited, FleetCor Luxembourg Holding 1, FleetCor Luxembourg Holding 2, FleetCor Solvakia s.r.o, FleetCor Sp. z.o.o., FleetCor Tankkarten GmbH, FleetCor Technologies Inc., FleetCor Technologies Mexico S. de R.L. de C.V., FleetCor Technologies New Zealand Limited, FleetCor Technologies Operating Company - CFN Holding S.e.n.c., FleetCor Technologies Operating Company LLC, FleetCor Technologieën B.V., FleetCor UK Acquisition Limited, FleetCor UK International Management Limited – f/k/a Intercity Fuels Limited, Fleetcor UK Finance Holdings 1 LLC, Fuelcards UK Limited, Global Processing Companies Rus Limited Liability Company, Group Achamps Ltd., Hotel Connect PTE LTD., Hotel Connections SDN BHD, Hotel Connections of Japan GK (fka: Hotel Connections of Japan GK), ICP, Kiwi Fuel Cards Limited, LLC "Eltop", LLC "NCT Software", LLC "OILCARD", LLC "STC" Petrol Plus", LLC "TD NCT", LLC Petrol Plus Cards Asia, LLC Petrol Plus Cards Ukraine, LLC TD Smart-Technologies, LLC “Avto Kart neft”, LLC “Peredovie Plateznie Resheniya" (LLC "PPR"), LR2 LLC, Lynked Solutions Pty Ltd., Mannatec Inc., Mazi Holding Ltda, Mina Digital Limited, NexTraq, NvoicePay, Nvoicepay Inc., OXON, P97 Networks Inc., PT AFEX Indonesia, Pacific Pride Services LLC, Petrol Plus Region, Quadrum Investments Group Limited, R2C Online Holdings Limited, R2C Online Limited, ReD, Red Fuel Cards (Europe), Roger, Roomstorm LLC, SOLE, STP, Sem Parar Credit Rights Investment Fund ("FIDC"), Shanghai Stored Value Solutions Information Technology Co. Ltd., Skylark Innovations LLC, Stored Value Solutions Canada Ltd., Stored Value Solutions France SAS, Stored Value Solutions GmbH, Stored Value Solutions Hong Kong Limited, Stored Value Solutions International B.V., Stored Value Solutions UK Limited, TA Connections AU Pty Ltd, TA Connections Brasil Servicos de Viagens Ltda. (fka: Travelliance Brasil Servicos de Viagens Ltda.), TA Connections DE LLC, TA Connections IL LLC, TA Connections MN LLC (fka: LJK Companies LLC), TA Connections MX S.de R.L.de C.V. (fka: Travelliance S. de RL de CV), TA Connections UK Ltd. (fka: Travelliance Global Ltd.), The Fuelcard Company UK Ltd, Transit Card Int’l Polska Sp. z.o.o., TravelCard B.V., Travelliance, UAB “Transit Card International”, VB, VB – SERVIÇIOS COMÉRCIO E ADMINISTRAÇÃO LTDA, Venturo Fleet Solutions Company Limited, Venturo Technologien Swiss GmbH, and Venturo Technologies S.à r.l..
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This page (NYSE:FLT) was last updated on 6/12/2024 by MarketBeat.com Staff

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