NYSE:FLT - Fleetcor Stock Price, Price Target & More

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

Fleetcor announced that its board has authorized a share repurchase program on Friday, August 4th 2017, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 1.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Fleetcor (NYSE:FLT) announced its quarterly earnings data on Thursday, February, 8th. The business services provider reported $2.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.33 by $0.09. The business services provider earned $610 million during the quarter, compared to analysts' expectations of $605.87 million. Fleetcor had a net margin of 32.90% and a return on equity of 21.15%. The business's revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.90 earnings per share. View Fleetcor's Earnings History.

Fleetcor is scheduled to release their next quarterly earnings announcement on Monday, April, 30th 2018. View Earnings Estimates for Fleetcor.

Fleetcor issued an update on its FY18 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of $10.05-10.35 for the period, compared to the Thomson Reuters consensus estimate of $10.13. The company issued revenue guidance of $2.49-2.55 billion, compared to the consensus revenue estimate of $2.54 billion.Fleetcor also updated its Q1 guidance to $2.30-2.40 EPS.

14 equities research analysts have issued 1 year price objectives for Fleetcor's stock. Their forecasts range from $138.00 to $247.00. On average, they anticipate Fleetcor's stock price to reach $208.00 in the next twelve months. View Analyst Ratings for Fleetcor.

Some companies that are related to Fleetcor include NetEase (NTES), FIS (FIS), Ctrip (CTRP), Global Payments (GPN), TSYS (TSS), MercadoLibre (MELI), Cielo (CIOXY), Worldpay (WP), First Data (FDC), CoStar Group (CSGP), MSCI (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Nielsen (NLSN), Alliance Data (ADS), Zillow (Z), Zillow (ZG) and Western Union (WU).

Headlines about FLT stock have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fleetcor earned a media sentiment score of 0.09 on Accern's scale. They also assigned news headlines about the business services provider an impact score of 44.46 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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

One share of FLT stock can currently be purchased for approximately $208.95.

Fleetcor has a market capitalization of $18.83 billion and generates $2.25 billion in revenue each year. The business services provider earns $740.20 million in net income (profit) each year or $7.88 on an earnings per share basis. Fleetcor employs 7,890 workers across the globe.

Fleetcor's mailing address is 5445 Triangle Parkway Suite 400, Peachtree Corners GA, 30092. The business services provider can be reached via phone at 770-449-0479 or via email at [email protected]