NYSE:FLT - FleetCor Technologies Stock Price, Forecast & News

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

FleetCor Technologies, Inc. (NYSE:FLT) issued its quarterly earnings data on Thursday, February, 6th. The business services provider reported $3.17 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.13 by $0.04. The business services provider earned $698.90 million during the quarter, compared to analysts' expectations of $705.49 million. FleetCor Technologies had a net margin of 33.79% and a return on equity of 27.07%. FleetCor Technologies's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.78 earnings per share. View FleetCor Technologies' Earnings History.

FleetCor Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for FleetCor Technologies.

FleetCor Technologies updated its FY20 earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $13.35-13.75 for the period, compared to the Thomson Reuters consensus estimate of $13.66. The company issued revenue guidance of $2.90-2.96 billion, compared to the consensus revenue estimate of $2.94 billion.

19 analysts have issued 1 year price objectives for FleetCor Technologies' shares. Their forecasts range from $4.00 to $362.00. On average, they anticipate FleetCor Technologies' stock price to reach $307.74 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for FleetCor Technologies.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FleetCor Technologies in the last year. There are currently 11 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for FleetCor Technologies.

News stories about FLT stock have been trending extremely negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FleetCor Technologies earned a coverage optimism score of -4.2 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for FleetCor Technologies.

FleetCor Technologies saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 3,040,000 shares, a drop of 9.8% from the January 15th total of 3,370,000 shares. Based on an average daily trading volume, of 689,900 shares, the days-to-cover ratio is presently 4.4 days. Approximately 3.6% of the company's shares are sold short. View FleetCor Technologies' Current Options Chain.

Some companies that are related to FleetCor Technologies include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Worldpay (WP), Paychex (PAYX), Total System Services (TSS), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX), Genpact (G) and Euronet Worldwide (EEFT).

Based on aggregate information from My MarketBeat watchlists, some companies that other FleetCor Technologies investors own include Netflix (NFLX), NVIDIA (NVDA), Mastercard (MA), Adobe (ADBE), Illumina (ILMN), Allergan (AGN), Alibaba Group (BABA), Walt Disney (DIS), Costco Wholesale (COST) and Paypal (PYPL).

FleetCor Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital Research Global Investors (6.34%), Jennison Associates LLC (5.05%), State Street Corp (3.94%), FMR LLC (2.52%), Massachusetts Financial Services Co. MA (2.29%) and Capital World Investors (1.83%). Company insiders that own FleetCor Technologies stock include Alan King, Armando Lins Netto, Eales John, Eric Dey, Garnsey Colette and Jeffrey Steven Sloan. View Institutional Ownership Trends for FleetCor Technologies.

FLT stock was sold by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, Capital Research Global Investors, First Trust Advisors LP, Victory Capital Management Inc., Victory Capital Management Inc., FMR LLC, Standard Life Aberdeen plc and AXA. Company insiders that have sold FleetCor Technologies company stock in the last year include Alan King, Armando Lins Netto, Eric Dey and Jeffrey Steven Sloan. View Insider Buying and Selling for FleetCor Technologies.

FLT stock was acquired by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Jennison Associates LLC, Eagle Asset Management Inc., Capital International Investors, Goldman Sachs Group Inc., Bank of Montreal Can, PGGM Investments and Investec Asset Management LTD. Company insiders that have bought FleetCor Technologies stock in the last two years include Eales John and Garnsey Colette. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FLT stock can currently be purchased for approximately $265.67.

FleetCor Technologies has a market capitalization of $23.06 billion and generates $2.65 billion in revenue each year. The business services provider earns $895.07 million in net income (profit) each year or $11.26 on an earnings per share basis. FleetCor Technologies employs 7,580 workers across the globe.View Additional Information About FleetCor Technologies.

The official website for FleetCor Technologies is http://www.fleetcor.com/.

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