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

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

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

Fleetcor (NYSE:FLT) issued its earnings results on Thursday, February, 8th. The business services provider reported $2.42 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 21.15% and a net margin of 32.90%. The company's quarterly revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the firm earned $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 issued an update on its FY18 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) 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 twelve-month price targets for Fleetcor's stock. Their forecasts range from $138.00 to $247.00. On average, they expect Fleetcor's share price to reach $208.00 in the next year. View Analyst Ratings for Fleetcor.

Some companies that are related to Fleetcor include eBay (EBAY), NetEase (NTES), FIS (FIS), Ctrip (CTRP), Global Payments (GPN), TSYS (TSS), MercadoLibre (MELI), Cielo (CIOXY), Worldpay (WP), First Data (FDC), MSCI (MSCI), CoStar Group (CSGP), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM) and Nielsen (NLSN).

News stories about FLT stock have trended somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fleetcor earned a media sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the business services provider an impact score of 46.03 out of 100, meaning that recent news 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 $201.29.

Fleetcor has a market capitalization of $18.54 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]