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NYSE:FLT

FLEETCOR Technologies (FLT) Stock Forecast, Price & News

$261.55
-9.72 (-3.58%)
(As of 09/26/2023 ET)
Compare
Today's Range
$261.37
▼
$270.43
50-Day Range
$244.54
▼
$275.51
52-Week Range
$161.69
▼
$278.35
Volume
545,147 shs
Average Volume
521,551 shs
Market Capitalization
$19.35 billion
P/E Ratio
21.09
Dividend Yield
N/A
Price Target
$277.67
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

FLEETCOR Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
6.2% Upside
$277.67 Price Target
Short Interest
Healthy
1.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.04
Upright™ Environmental Score
News Sentiment
1.10mentions of FLEETCOR Technologies in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.59%
From $15.83 to $18.14 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Business Services Sector

130th out of 316 stocks

Business Services, Not Elsewhere Classified Industry

48th out of 89 stocks

See Top Rated MarketRank™ Stocks Here

FLT stock logo

About FLEETCOR Technologies (NYSE:FLT) Stock

FLEETCOR Technologies, Inc., a business payments company that helps businesses spend less by enabling them to manage their expense-related purchasing and vendor payments processes. It offers corporate payments solutions, such as accounts payable automation; Virtual Card, which provides a single-use card number for a specific amount usable within a defined timeframe; Cross-Border that is used by its customers to pay international vendors, foreign office and personnel expenses, capital expenditures, and profit repatriation and dividends; and purchasing cards and travel and entertainment cards for its customers to analyze and manage their corporate spending. The company also provides vehicle and mobility solutions, including fuel solutions to businesses and government entities that operate vehicle fleets, as well as to oil and leasing companies, and fuel marketers; lodging solutions to businesses that have employees who travel overnight for work purposes, as well as to airlines and cruise lines to accommodate traveling crews and stranded passengers; and electronic toll payments solutions to businesses and consumers in the form of radio frequency identification tags affixed to vehicles' windshields. In addition, it offers gift card program management and processing services in plastic and digital forms that include card design, production and packaging, delivery and fulfillment, card and account management, transaction processing, promotion development and management, website design and hosting, program analytics, and card distribution channel management. Further, the company provides other products consisting of payroll cards, vehicle maintenance service solution, long-haul transportation solution, prepaid food vouchers or cards, and prepaid transportation cards and vouchers. It serves business, merchant, consumer, and payment network customers in North America, Brazil, and Internationally. The company was founded in 1986 and is headquartered in Atlanta, Georgia.

FLT Price History

FLT Stock News Headlines

September 23, 2023 | americanbankingnews.com
FLEETCOR Technologies, Inc. (NYSE:FLT) to Post Q3 2023 Earnings of $4.22 Per Share, Zacks Research Forecasts
September 21, 2023 | americanbankingnews.com
FLEETCOR Technologies (NYSE:FLT) Downgraded by StockNews.com to Hold
September 26, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 20, 2023 | marketwatch.com
FleetCor Technologies Inc. stock rises Wednesday, outperforms market
September 18, 2023 | msn.com
UPS, Oracle, FLEETCOR And A Major Data Storage Company: CNBC's 'Final Trades'
September 17, 2023 | americanbankingnews.com
FLEETCOR Technologies (NYSE:FLT) Reaches New 1-Year High at $275.82
September 6, 2023 | finance.yahoo.com
FLEETCOR (FLT) Stock Gains 31% in Six Months: Here's How
September 6, 2023 | finance.yahoo.com
Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club
September 26, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 1, 2023 | seekingalpha.com
Fleetcor Technologies: Strong Business Model, But Lacks Appealing Valuation
August 29, 2023 | finance.yahoo.com
FleetCor Technologies Stock Joins Rank Of Stocks With 95-Plus CR
August 22, 2023 | msn.com
JP Morgan Maintains Fleetcor Technologies (FLT) Overweight Recommendation
August 17, 2023 | finance.yahoo.com
FLEETCOR Technologies' (NYSE:FLT) investors will be pleased with their 22% return over the last five years
August 17, 2023 | markets.businessinsider.com
Fleetcor Technologies (FLT) Receives a Buy from Robert W. Baird
August 15, 2023 | finance.yahoo.com
Fleetcor sells Russia business
August 15, 2023 | markets.businessinsider.com
FLEETCOR Divests All Of Its Operations In Russia; Announces Launch Of $450 Mln ASR To Buyback Stock
August 15, 2023 | finance.yahoo.com
FLEETCOR Exits Russia
August 11, 2023 | markets.businessinsider.com
Fleetcor Technologies (FLT) Gets a Buy from Jefferies
August 10, 2023 | finance.yahoo.com
Is Fleetcor Technologies Modestly Undervalued?: A Comprehensive Valuation Analysis
August 9, 2023 | markets.businessinsider.com
Barclays Reaffirms Their Buy Rating on Fleetcor Technologies (FLT)
August 8, 2023 | finance.yahoo.com
FleetCor Technologies (FLT) Q2 Earnings and Revenues Top Estimates
August 8, 2023 | finance.yahoo.com
FleetCor Technologies (FLT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
August 8, 2023 | finance.yahoo.com
FleetCor Technologies’ Q2 fuel transaction revenue up 6% to $399M
August 8, 2023 | markets.businessinsider.com
FleetCor Technologies, Inc. Q2 Profit Decreases, but beats estimates
August 8, 2023 | finance.yahoo.com
FLEETCOR Reports Second Quarter 2023 Financial Results
August 3, 2023 | finance.yahoo.com
12 Best Bargain Stocks to Buy in August
August 2, 2023 | msn.com
Fleetcor Technologies (FLT) Price Target Increased by 7.05% to 276.01
See More Headlines
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FLT Company Calendar

Last Earnings
8/08/2023
Today
9/26/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
Sector
Business Services
Current Symbol
NYSE:FLT
CUSIP
33904110
CIK
1175454
Web
www.fleetcor.com
Phone
(770) 449-0479
Fax
770-449-3471
Employees
9,900
Year Founded
2000

Price Target and Rating

Average Stock Price Forecast
$277.67
High Stock Price Forecast
$326.00
Low Stock Price Forecast
$230.00
Forecasted Upside/Downside
+5.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$12.40
Trailing P/E Ratio
21.31
Forward P/E Ratio
16.69
P/E Growth
1.37
Net Income
$954.33 million
Net Margins
25.61%
Pretax Margin
34.71%
Return on Equity
41.53%
Return on Assets
7.77%

Debt

Debt-to-Equity Ratio
1.43
Current Ratio
1.08
Quick Ratio
1.08

Sales & Book Value

Annual Sales
$3.43 billion
Price / Sales
5.70
Cash Flow
$19.63 per share
Price / Cash Flow
13.46
Book Value
$34.46 per share
Price / Book
7.67

Miscellaneous

Outstanding Shares
74,000,000
Free Float
69,190,000
Market Cap
$19.55 billion
Optionable
Optionable
Beta
1.20

Social Links

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Key Executives

  • Mr. Ronald F. Clarke (Age 67)
    Chairman, Pres & CEO
    Comp: $3.99M
  • Ms. Alissa B. Vickery (Age 44)
    Chief Accounting Officer
    Comp: $400.2k
  • Mr. John S. Coughlin (Age 55)
    Sr. Advisor
    Comp: $968.53k
  • Mr. Armando Lins Netto (Age 55)
    Group Pres of Brazil
    Comp: $807.62k
  • Mr. Alan King (Age 46)
    Group Pres of Global Fleet
    Comp: $1.05M
  • Mr. Thomas E. Panther (Age 54)
    Chief Financial Officer
  • Mr. Scott A. Dufour (Age 54)
    Chief Information Officer
  • Mr. James P. Eglseder
    Head of Investor Relations
  • Mr. Daniel S. Fishbein (Age 49)
    Gen. Counsel
  • Mr. Steve C. Greene
    Exec. VP of Corp. Devel. & Strategy

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













FLT Stock - Frequently Asked Questions

Should I buy or sell FLEETCOR Technologies stock right now?

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

What is FLEETCOR Technologies' stock price forecast for 2023?

14 equities research analysts have issued twelve-month price targets for FLEETCOR Technologies' stock. Their FLT share price forecasts range from $230.00 to $326.00. On average, they predict the company's share price to reach $277.67 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for FLT or view top-rated stocks among Wall Street analysts.

How have FLT shares performed in 2023?

FLEETCOR Technologies' stock was trading at $183.68 at the start of the year. Since then, FLT stock has increased by 43.8% and is now trading at $264.20.
View the best growth stocks for 2023 here.

Are investors shorting FLEETCOR Technologies?

FLEETCOR Technologies saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,290,000 shares, an increase of 24.0% from the August 15th total of 1,040,000 shares. Based on an average daily volume of 434,500 shares, the short-interest ratio is presently 3.0 days. Currently, 1.9% of the shares of the company are short sold.
View FLEETCOR Technologies' Short Interest.

When is FLEETCOR Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our FLT earnings forecast.

How were FLEETCOR Technologies' earnings last quarter?

FLEETCOR Technologies, Inc. (NYSE:FLT) posted its earnings results on Tuesday, August, 8th. The business services provider reported $3.85 EPS for the quarter, missing the consensus estimate of $3.87 by $0.02. The business services provider had revenue of $948.17 million for the quarter, compared to analyst estimates of $945.21 million. FLEETCOR Technologies had a net margin of 25.61% and a trailing twelve-month return on equity of 41.53%.

What ETFs hold FLEETCOR Technologies' stock?

ETFs with the largest weight of FLEETCOR Technologies (NYSE:FLT) stock in their portfolio include Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), ETFMG Prime Mobile Payments ETF (IPAY), ERShares Entrepreneurs ETF (ENTR), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Invesco Zacks Mid-Cap ETF (CZA), T. Rowe Price Small-Mid Cap ETF (TMSL), ALPS Disruptive Technologies ETF (DTEC) and Global X Founder-Run Companies ETF (BOSS).

What guidance has FLEETCOR Technologies issued on next quarter's earnings?

FLEETCOR Technologies issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $4.44-$4.64 for the period, compared to the consensus earnings per share estimate of $4.57. The company issued revenue guidance of $980.00M-$1.00 billion, compared to the consensus revenue estimate of $993.06 million.

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).

What is FLEETCOR Technologies' stock symbol?

FLEETCOR Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLT."

Who are FLEETCOR Technologies' major shareholders?

FLEETCOR Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.25%), JPMorgan Chase & Co. (4.64%), Boston Partners (4.05%), State Street Corp (3.93%), Sustainable Growth Advisers LP (2.82%) and Geode Capital Management LLC (2.10%). Insiders that own company stock include Alan King and Eric Dey.
View institutional ownership trends.

How do I buy shares of FLEETCOR Technologies?

Shares of FLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is FLEETCOR Technologies' stock price today?

One share of FLT stock can currently be purchased for approximately $264.20.

How much money does FLEETCOR Technologies make?

FLEETCOR Technologies (NYSE:FLT) has a market capitalization of $19.55 billion and generates $3.43 billion in revenue each year. The business services provider earns $954.33 million in net income (profit) each year or $12.40 on an earnings per share basis.

How many employees does FLEETCOR Technologies have?

The company employs 9,900 workers across the globe.

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..
Read More
How can I contact FLEETCOR Technologies?

FLEETCOR Technologies' mailing address is 3280 Peachtree Road Suite 2400, Atlanta GA, 30305. The official website for the company is www.fleetcor.com. The business services provider can be reached via phone at (770) 449-0479, via email at investor@fleetcor.com, or via fax at 770-449-3471.

This page (NYSE:FLT) was last updated on 9/26/2023 by MarketBeat.com Staff

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