About FleetCor Technologies (NYSE:FLT)
FleetCor Technologies, Inc. provides commercial payment solutions in North America, Latin America, Europe, and Australasia. The company offers 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, and paper vouchers to purchase fuel, oil, vehicle maintenance supplies and services, and building supplies. The company also provides lodging payment solutions to businesses that have employees who travel overnight for work purposes. In addition, it offers electronic toll and parking payments products to businesses and consumers in the form of RFID tags affixed to vehicles' windshields; and prepaid paper vouchers as a means of payment on toll roads. Further, the company provides corporate payments solutions with vertical-specific applications, which enable its customers to manage and control electronic payments across their enterprise, optimize corporate spending, and offer innovative services that enhance employee efficiency and customer loyalty. Its primary corporate payments products include virtual cards, purchasing cards, travel and entertainment cards, payroll cards, and cross-border payment facilitation. Additionally, it offers gift card product management and processing services, such as 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. The company also provides vehicle maintenance, employee benefit payment, and long haul transportation-related services. The company markets its products and services through field sales, telesales, direct marketing, point-of-sale marketing, and the Internet. FleetCor Technologies, Inc. was founded in 1986 and is headquartered in Peachtree Corners, Georgia.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
SymbolNYSE:FLT
CUSIP33904110
Phone770-449-0479
Debt
Debt-to-Equity Ratio0.74
Current Ratio0.91
Quick Ratio0.91
Price-To-Earnings
Trailing P/E Ratio28.01
Forward P/E Ratio22.54
P/E Growth1.28
Sales & Book Value
Annual Sales$2.25 billion
Price / Sales8.78
Cash Flow$11.9609 per share
Price / Cash18.43
Book Value$40.96 per share
Price / Book5.38
Profitability
EPS (Most Recent Fiscal Year)$7.88
Net Income$740.20 million
Net Margins34.19%
Return on Equity21.87%
Return on Assets7.09%
Miscellaneous
Employees7,890
Outstanding Shares89,640,000
FleetCor Technologies (NYSE:FLT) Frequently Asked Questions
What is FleetCor Technologies' stock symbol?
FleetCor Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLT."
How will FleetCor Technologies' stock buyback program work?
FleetCor Technologies announced that its Board of Directors has approved a stock repurchase program on Friday, August 4th 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows 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.
How were FleetCor Technologies' earnings last quarter?
FleetCor Technologies, Inc. (NYSE:FLT) issued its quarterly earnings data on Thursday, May, 3rd. The business services provider reported $2.50 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 analysts' expectations of $602.46 million. FleetCor Technologies had a net margin of 34.19% and a return on equity of 21.87%. The business's quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.96 EPS. View FleetCor Technologies' Earnings History.
When is FleetCor Technologies' next earnings date?
What guidance has FleetCor Technologies issued on next quarter's earnings?
FleetCor Technologies issued an update on 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 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.
What price target have analysts set for FLT?
11 Wall Street analysts have issued twelve-month price objectives for FleetCor Technologies' stock. Their forecasts range from $197.00 to $247.00. On average, they expect FleetCor Technologies' share price to reach $221.90 in the next twelve months. View Analyst Ratings for FleetCor Technologies.
Who are some of FleetCor Technologies' key competitors?
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), Msci (MSCI), Worldpay (WP), CoStar Group (CSGP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Mercadolibre (MELI), Alliance Data Systems (ADS) and Zillow Group Inc Class C (Z).
Who are FleetCor Technologies' key executives?
FleetCor Technologies' management team includes the folowing people:
- Mr. Ronald F. Clarke, Chairman & CEO (Age 61)
- Mr. Eric R. Dey, Chief Financial Officer (Age 58)
- Mr. John S. Coughlin, Exec. VP of Global Corp. Devel. (Age 50)
- Mr. Charles Richard Freund, Exec. VP of Global Sales (Age 45)
- Mr. John A. Reed, Global Chief Information Officer (Age 63)
Has FleetCor Technologies been receiving favorable news coverage?
News articles about FLT stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. FleetCor Technologies earned a news impact score of 0.10 on Accern's scale. They also gave headlines about the business services provider an impact score of 46.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are FleetCor Technologies' major shareholders?
FleetCor Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.93%), Sustainable Growth Advisers LP (2.13%), Massachusetts Financial Services Co. MA (1.89%), Wells Fargo & Company MN (0.74%), Echo Street Capital Management LLC (0.74%) and Northern Trust Corp (0.59%). Company insiders that own FleetCor Technologies stock include Alexey Gavrilenya, Andrew Blazye, Armando Lins Netto, Charles Richard Freund, 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.
Which major investors are selling FleetCor Technologies stock?
FLT stock was sold by a variety of institutional investors in the last quarter, including Criterion Capital Management LLC, JPMorgan Chase & Co., Sustainable Growth Advisers LP, Millennium Management LLC, Victory Capital Management Inc., Franklin Resources Inc., Wells Fargo & Company MN and Russell Investments Group Ltd.. 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.
Which major investors are buying FleetCor Technologies stock?
FLT stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Massachusetts Financial Services Co. MA, BlackRock Inc., Alphinity Investment Management Pty Ltd, Gluskin Sheff & Assoc Inc., Amundi Pioneer Asset Management Inc., United Capital Financial Advisers LLC and Barclays PLC. 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.
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, Scottrade, Fidelity and Charles Schwab.
What is FleetCor Technologies' stock price today?
One share of FLT stock can currently be purchased for approximately $220.44.
How big of a company is FleetCor Technologies?
FleetCor Technologies has a market capitalization of $18.56 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.
How can I contact FleetCor Technologies?
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]
MarketBeat Community Rating for FleetCor Technologies (FLT)
MarketBeat's community ratings are surveys of what our community members think about FleetCor Technologies and other stocks. Vote "Outperform" if you believe FLT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FLT will underperform the S&P 500 over the long term. You may vote once every thirty days.
