S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:FLT

FLEETCOR Technologies (FLT) Stock Forecast, Price & News

$231.08
+5.28 (+2.34%)
(As of 05/20/2022 07:00 PM ET)
Add
Compare
Today's Range
$225.85
$233.63
50-Day Range
$216.61
$261.69
52-Week Range
$200.78
$282.02
Volume
631,200 shs
Average Volume
574,662 shs
Market Capitalization
$17.87 billion
P/E Ratio
21.82
Dividend Yield
N/A
Beta
1.22
30 days | 90 days | 365 days | Advanced Chart
Receive FLT News and Ratings via Email

Sign-up to receive the latest news and ratings for FLEETCOR Technologies and its competitors with MarketBeat's FREE daily newsletter.

FLEETCOR Technologies logo

About FLEETCOR Technologies

FLEETCOR Technologies, Inc. provides digital payment solutions for businesses to control purchases and make payments. 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 employee expense management 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, it 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. The company 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
33904110
Employees
9,700
Year Founded
2000

Sales & Book Value

Annual Sales
$2.83 billion
Cash Flow
$16.87 per share
Book Value
$37.55 per share

Profitability

Net Income
$839.50 million
Pretax Margin
38.74%

Debt

Price-To-Earnings

Miscellaneous

Free Float
72,933,000
Market Cap
$17.87 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/05/2022
Today
5/22/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.42 out of 5 stars

Business Services Sector

93rd out of 463 stocks

Business Services, Not Elsewhere Classified Industry

41st out of 141 stocks

Analyst Opinion: 3.3Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













FLEETCOR Technologies (NYSE:FLT) Frequently Asked Questions

Is FLEETCOR Technologies a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FLEETCOR Technologies in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FLEETCOR Technologies stock.
View analyst ratings for FLEETCOR Technologies
or view top-rated stocks.

Are investors shorting FLEETCOR Technologies?

FLEETCOR Technologies saw a increase in short interest in April. As of April 15th, there was short interest totaling 838,100 shares, an increase of 24.1% from the March 31st total of 675,600 shares. Based on an average daily volume of 557,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.2% of the company's shares are short sold.
View FLEETCOR Technologies' Short Interest
.

When is FLEETCOR Technologies' next earnings date?

FLEETCOR Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for FLEETCOR Technologies
.

How were FLEETCOR Technologies' earnings last quarter?

FLEETCOR Technologies, Inc. (NYSE:FLT) announced its quarterly earnings data on Thursday, May, 5th. The business services provider reported $3.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.53 by $0.12. The business services provider had revenue of $789.20 million for the quarter, compared to analysts' expectations of $756.56 million. FLEETCOR Technologies had a trailing twelve-month return on equity of 34.88% and a net margin of 28.97%. The firm's revenue for the quarter was up 29.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 EPS.
View FLEETCOR Technologies' earnings history
.

How will FLEETCOR Technologies' stock buyback program work?

FLEETCOR Technologies declared that its Board of Directors has initiated a stock buyback plan 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 purchase up to 4.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

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

FLEETCOR Technologies issued an update on its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of $3.80-$3.90 for the period, compared to the consensus EPS estimate of $3.72. The company issued revenue guidance of $805.00 million-$825.00 million, compared to the consensus revenue estimate of $781.36 million.

What price target have analysts set for FLT?

6 brokerages have issued 12 month price objectives for FLEETCOR Technologies' stock. Their forecasts range from $265.00 to $319.00. On average, they expect FLEETCOR Technologies' share price to reach $290.71 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price.
View analysts' price targets for FLEETCOR Technologies
or view top-rated stocks among Wall Street analysts.

Who are FLEETCOR Technologies' key executives?
FLEETCOR Technologies' management team includes the following people:
  • Mr. Ronald F. Clarke, Chairman, Pres & CEO (Age 66, Pay $2.37M)
  • Mr. Charles Richard Freund, CFO & Company Sec. (Age 49, Pay $619.21k)
  • Mr. John S. Coughlin, Sr. Advisor (Age 54, Pay $763.89k)
  • Mr. Armando Lins Netto, Group Pres of Brazil (Age 54, Pay $917.03k)
  • Mr. Alexey P. Gavrilenya, Group Pres of North America Fuel (Age 45, Pay $796.62k) (LinkedIn Profile)
  • Ms. Alissa B. Vickery, Chief Accounting Officer and Sr. VP of Accounting & Controls (Age 44)
  • Mr. Scott A. Dufour, Chief Information Officer (Age 53)
  • Mr. James P. Eglseder, Head of Investor Relations
  • Mr. Daniel S. Fishbein, Gen. Counsel (Age 48)
  • Mr. Steve C. Greene, Exec. VP of Corp. Devel. & Strategy
What is Ron Clarke's approval rating as FLEETCOR Technologies' CEO?

237 employees have rated FLEETCOR Technologies CEO Ron Clarke on Glassdoor.com. Ron Clarke has an approval rating of 78% among FLEETCOR Technologies' 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.15%), BlackRock Inc. (7.86%), Wellington Management Group LLP (6.25%), JPMorgan Chase & Co. (5.28%), Capital World Investors (4.52%) and State Street Corp (3.98%). Company insiders that own FLEETCOR Technologies stock include Alexey Gavrilenya and Eric Dey.
View institutional ownership trends for FLEETCOR Technologies
.

Which institutional investors are selling FLEETCOR Technologies stock?

FLT stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, California Public Employees Retirement System, APG Asset Management N.V., Twin Tree Management LP, Robeco Institutional Asset Management B.V., Maverick Capital Ltd., State Street Corp, and Allianz Asset Management GmbH.
View insider buying and selling activity for FLEETCOR Technologies
or view top insider-selling stocks.

Which institutional investors are buying FLEETCOR Technologies stock?

FLT stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Wellington Management Group LLP, BlackRock Inc., Vanguard Group Inc., JPMorgan Chase & Co., DSM Capital Partners LLC, Goldman Sachs Group Inc., and Bank of Montreal Can.
View insider buying and selling activity for FLEETCOR Technologies
or or view top insider-buying stocks.

How do I buy shares of FLEETCOR Technologies?

Shares of FLT 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 $231.08.

How much money does FLEETCOR Technologies make?

FLEETCOR Technologies has a market capitalization of $17.87 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 $10.59 on an earnings per share basis.

How many employees does FLEETCOR Technologies have?

FLEETCOR Technologies employs 9,700 workers across the globe.

When was FLEETCOR Technologies founded?

FLEETCOR Technologies was founded in 2000.

What is FLEETCOR Technologies' official website?

The official website for FLEETCOR Technologies is www.fleetcor.com.

How can I contact FLEETCOR Technologies?

FLEETCOR Technologies' mailing address is 3280 Peachtree Road Suite 2400, Atlanta GA, 30305. The business services provider can be reached via phone at (770) 449-0479, via email at [email protected], or via fax at 770-449-3471.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.