FLEETCOR Technologies - FLT Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FLEETCOR Technologies in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FLT shares.
View FLT analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 1-year price objectives for FLEETCOR Technologies' shares. Their FLT share price forecasts range from $254.00 to $345.00. On average, they expect the company's stock price to reach $288.70 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for FLT or view top-rated stocks among Wall Street analysts.

FLEETCOR Technologies' stock was trading at $223.84 at the start of the year. Since then, FLT stock has increased by 0.3% and is now trading at $224.49.
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FLEETCOR Technologies saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 799,500 shares, an increase of 43.8% from the June 30th total of 555,900 shares. Based on an average daily volume of 577,100 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.1% of the shares of the stock are short sold.
View FLEETCOR Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our FLT earnings forecast.

FLEETCOR Technologies, Inc. (NYSE:FLT) issued its quarterly earnings results on Wednesday, November, 3rd. The business services provider reported $3.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.32 by $0.20. The business services provider had revenue of $755.48 million for the quarter, compared to the consensus estimate of $738.56 million. FLEETCOR Technologies had a net margin of 29.27% and a trailing twelve-month return on equity of 38.86%. During the same period in the previous year, the business earned $2.70 earnings per share.
Read the conference call transcript.

FLEETCOR Technologies announced that its Board of Directors has approved a share buyback program on Thursday, November 5th 2020, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

FLEETCOR Technologies issued an update on its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $4.15-$4.25 for the period, compared to the consensus EPS estimate of $3.99. The company issued revenue guidance of $870.00 million-$890.00 million, compared to the consensus revenue estimate of $864.06 million.

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.

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).

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

FLEETCOR Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Eagle Asset Management Inc. (0.80%), Thompson Siegel & Walmsley LLC (0.48%), Swiss National Bank (0.43%), TD Asset Management Inc. (0.38%), Robeco Institutional Asset Management B.V. (0.33%) and Sumitomo Mitsui Trust Holdings Inc. (0.28%). Insiders that own company stock include Alan King, Alexey Gavrilenya, Armando Lins Netto, Eales John, Eric Dey, Garnsey Colette and Jeffrey Steven Sloan.
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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.
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One share of FLT stock can currently be purchased for approximately $224.49.

FLEETCOR Technologies (NYSE:FLT) has a market capitalization of $17.36 billion and generates $2.83 billion in revenue each year. The business services provider earns $839.50 million in net income (profit) each year or $11.64 on an earnings per share basis.

The company employs 9,700 workers across the globe.

FLEETCOR Technologies was founded in 2000.

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.