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

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

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

Fleetcor (NYSE:FLT) issued its quarterly earnings results on Thursday, February, 8th. The business services provider reported $2.42 earnings per share for the quarter, beating the 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 company's quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.90 EPS. 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 updated its FY18 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of $10.05-10.35 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 12 month price objectives for Fleetcor's shares. Their predictions range from $138.00 to $247.00. On average, they expect 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), Cielo (CIOXY), Worldpay (WP), MercadoLibre (MELI), 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 Grubhub (GRUB).

News stories about FLT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fleetcor earned a media sentiment score of 0.15 on Accern's scale. They also assigned media stories about the business services provider an impact score of 45.30 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 $18.77 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]