NYSE:FLT - FleetCor Technologies Stock Price, Price Target & More

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

FleetCor Technologies announced that its Board of Directors has approved a stock buyback plan 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 buy up to 1.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

FleetCor Technologies, Inc. (NYSE:FLT) announced its quarterly earnings data on Thursday, May, 3rd. The business services provider reported $2.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.37 by $0.13. The business services provider had revenue of $585.50 million for the quarter, compared to the consensus estimate of $602.46 million. FleetCor Technologies had a net margin of 34.19% and a return on equity of 21.87%. The firm's quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.96 EPS. View FleetCor Technologies' Earnings History.

FleetCor Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for FleetCor Technologies.

FleetCor Technologies updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $10.20-10.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.33. The company issued revenue guidance of $2.39-2.45 billion, compared to the consensus revenue estimate of $2.55 billion.

10 Wall Street analysts have issued 1 year price targets for FleetCor Technologies' shares. Their predictions range from $197.00 to $247.00. On average, they anticipate FleetCor Technologies' stock price to reach $221.90 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Ratings for FleetCor Technologies.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FleetCor Technologies in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

FleetCor Technologies saw a increase in short interest in June. As of June 29th, there was short interest totalling 3,077,632 shares, an increase of 134.1% from the June 15th total of 1,314,549 shares. Based on an average daily volume of 3,547,761 shares, the days-to-cover ratio is currently 0.9 days. Currently, 3.5% of the company's stock are short sold. View FleetCor Technologies' Current Options Chain.

Some companies that are related to FleetCor Technologies include eBay (EBAY), Fidelity National Information Servcs (FIS), NetEase (NTES), Ctrip.Com International (CTRP), First Data (FDC), Global Payments (GPN), Total System Services (TSS), CoStar Group (CSGP), Worldpay (WP), Msci (MSCI), Mercadolibre (MELI), Broadridge Financial Solutions (BR), Alliance Data Systems (ADS), Akamai Technologies (AKAM) and Zillow Group Inc Class A (ZG).

Media stories about FLT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FleetCor Technologies earned a daily sentiment score of 0.13 on Accern's scale. They also assigned news stories about the business services provider an impact score of 43.71 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

FleetCor Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital Investment Services of America Inc. (0.08%), Bank of Montreal Can (0.07%), Gateway Investment Advisers LLC (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Xact Kapitalforvaltning AB (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own FleetCor Technologies stock include Alexey Gavrilenya, Andrew Blazye, Armando Lins Netto, David D Maxsimic, Fortuna Michael Della, Jeffrey Steven Sloan, John A Reed, John Coughlin, Joseph W Farrelly, Kurt Patrick Adams, Mark A Johnson, Richard Macchia, Robert DB Suttie, Ronald Clarke and Todd House. View Institutional Ownership Trends for FleetCor Technologies.

FLT stock was sold by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC and Capital Investment Services of America Inc.. Company insiders that have sold FleetCor Technologies company stock in the last year include Andrew Blazye and Kurt Patrick Adams. View Insider Buying and Selling for FleetCor Technologies.

FLT stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gateway Investment Advisers LLC, DnB Asset Management AS, State of Alaska Department of Revenue, Bright Rock Capital Management LLC, Xact Kapitalforvaltning AB, Addison Capital Co and IFM Investors Pty Ltd. Company insiders that have bought FleetCor Technologies stock in the last two years include Alexey Gavrilenya, Armando Lins Netto, Fortuna Michael Della, Jeffrey Steven Sloan, John A Reed, Mark A Johnson and Robert DB Suttie. 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, Scottrade, Fidelity and Charles Schwab.

One share of FLT stock can currently be purchased for approximately $218.92.

FleetCor Technologies has a market capitalization of $19.74 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 Technologies employs 7,890 workers across the globe.

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]