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FLEETCOR Technologies Stock Forecast, Price & News

-2.09 (-0.77 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $267.60
50-Day Range
MA: $248.99
52-Week Range
Now: $267.60
Volume346,200 shs
Average Volume903,633 shs
Market Capitalization$22.32 billion
P/E Ratio32.28
Dividend YieldN/A
FLEETCOR Technologies, Inc. operates as a business payments company that simplifies the way businesses manage and pay expenses. The company's portfolio of brands help companies automate, secure, digitize, and control payments on behalf of employees and suppliers. It offers payment solutions in five primary categories, including fuel, lodging, tolls, corporate payments, and gift. The company provides fuel payment solutions to businesses and government entities that operate vehicle fleets, as well as to oil and leasing companies, and fuel marketers. Its fuel payment products are in the form of plastic cards, electronic RFID tags, mobile apps, and paper vouchers to purchase fuel, oil, vehicle maintenance supplies and services, and building supplies. The company offers lodging payment solutions to businesses that have employees who travel overnight for work purposes; to airlines to accommodate traveling crews and distressed passengers whose flights have been canceled; and electronic toll and parking payments products to businesses and consumers in the form of RFID tags affixed to vehicles' windshields, as well as prepaid paper vouchers. Its corporate payments solutions enable customers to manage and control electronic payments across enterprise, optimize corporate spending, and offer innovative services. The company's gift card product management and processing services comprise 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. It also provides other payment products for vehicle maintenance, employee benefit payment, and long haul transportation-related services. The company serves businesses, partners, merchants, and payment network in North America, Latin America, Europe, and the Asia Pacific. The company was founded in 1986 and is headquartered in Atlanta, Georgia.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.65 out of 5 stars

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services



Sales & Book Value

Annual Sales$2.65 billion
Cash Flow$16.82 per share
Book Value$42.77 per share


Net Income$895.07 million


Market Cap$22.32 billion
Next Earnings Date2/4/2021 (Estimated)
-2.09 (-0.77 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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FLEETCOR Technologies (NYSE:FLT) Frequently Asked Questions

How has FLEETCOR Technologies' stock been impacted by COVID-19?

FLEETCOR Technologies' stock was trading at $222.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FLT stock has increased by 20.3% and is now trading at $267.60.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of FLEETCOR Technologies?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FLEETCOR Technologies in the last year. There are currently 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for FLEETCOR Technologies
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than FLEETCOR Technologies?

Wall Street analysts have given FLEETCOR Technologies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but FLEETCOR Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is FLEETCOR Technologies' next earnings date?

FLEETCOR Technologies is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for FLEETCOR Technologies

How were FLEETCOR Technologies' earnings last quarter?

FLEETCOR Technologies, Inc. (NYSE:FLT) released its quarterly earnings results on Thursday, November, 5th. The business services provider reported $2.80 EPS for the quarter, beating analysts' consensus estimates of $2.65 by $0.15. The business services provider earned $585.28 million during the quarter, compared to the consensus estimate of $580.76 million. FLEETCOR Technologies had a net margin of 29.88% and a return on equity of 29.52%. The firm's quarterly revenue was down 14.1% on a year-over-year basis. During the same period last year, the business posted $3.10 earnings per share.
View FLEETCOR Technologies' earnings history

How will FLEETCOR Technologies' stock buyback program work?

FLEETCOR Technologies announced that its board has approved a stock buyback program on Thursday, November 5th 2020, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 4.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for FLT?

19 Wall Street analysts have issued 12 month price objectives for FLEETCOR Technologies' stock. Their forecasts range from $240.00 to $335.00. On average, they anticipate FLEETCOR Technologies' stock price to reach $282.33 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for FLEETCOR Technologies

Are investors shorting FLEETCOR Technologies?

FLEETCOR Technologies saw a decline in short interest in October. As of October 30th, there was short interest totaling 2,420,000 shares, a decline of 21.7% from the October 15th total of 3,090,000 shares. Based on an average daily volume of 765,300 shares, the short-interest ratio is presently 3.2 days. Currently, 2.9% of the company's stock are sold short.
View FLEETCOR Technologies' Short Interest

Who are some of FLEETCOR Technologies' key competitors?

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), The Walt Disney (DIS), Broadcom (AVGO), Adobe (ADBE), The Boeing (BA), Mastercard (MA), Alibaba Group (BABA), Costco Wholesale (COST) and Gilead Sciences (GILD).

Who are FLEETCOR Technologies' key executives?

FLEETCOR Technologies' management team includes the following people:
  • Mr. Ronald F. Clarke, Chairman, Pres & CEO (Age 64, Pay $2.03M)
  • Mr. Eric R. Dey, Sr. Advisor (Age 60, Pay $817.51k)
  • Mr. John S. Coughlin, Group Pres of Corp. Payments (Age 52, Pay $604.44k)
  • Mr. Armando Lins Netto, Group Pres of Brazil (Age 52, Pay $569.72k)
  • Mr. Alan King, Group Pres of Europe, Australia & New Zealand Fuel (Age 43, Pay $417.81k)
  • Mr. Charles Richard Freund, Chief Financial Officer (Age 47)
  • Ms. Alissa B. Vickery, Chief Accounting Officer, Sr. VP of Accounting & Controls (Age 42)
  • Mr. James P. Eglseder, Head of Investor Relations
  • Mr. Daniel S. Fishbein, Gen. Counsel (Age 46)
  • Mr. Steve C. Greene, Exec. VP of Corp. Devel. & Strategy

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.33%), JPMorgan Chase & Co. (4.79%), State Street Corp (3.92%), Sustainable Growth Advisers LP (3.11%), NN Investment Partners Holdings N.V. (0.69%) and Allianz Asset Management GmbH (0.59%). Company insiders that own FLEETCOR Technologies stock include Alan King, Alexey Gavrilenya, Armando Lins Netto, Eales John, Eric Dey, Garnsey Colette and Jeffrey Steven Sloan.
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 Arrowstreet Capital Limited Partnership, BlackRock Inc., Atalan Capital Partners LP, Point72 Asset Management L.P., Victory Capital Management Inc., Jennison Associates LLC, State of Michigan Retirement System, and State Street Corp. Company insiders that have sold FLEETCOR Technologies company stock in the last year include Alan King, Alexey Gavrilenya, Armando Lins Netto, Eric Dey, and Jeffrey Steven Sloan.
View insider buying and selling activity for FLEETCOR Technologies

Which institutional investors are buying FLEETCOR Technologies stock?

FLT stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Sustainable Growth Advisers LP, Great West Life Assurance Co. Can, Morgan Stanley, Commerce Bank, Douglas Lane & Associates LLC, Nisa Investment Advisors LLC, and Voloridge Investment Management LLC. Company insiders that have bought FLEETCOR Technologies stock in the last two years include Eales John, and Garnsey Colette.
View insider buying and selling activity for FLEETCOR Technologies

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is FLEETCOR Technologies' stock price today?

One share of FLT stock can currently be purchased for approximately $267.60.

How big of a company is FLEETCOR Technologies?

FLEETCOR Technologies has a market capitalization of $22.32 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 8,700 workers across the globe.

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 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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