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 has initiated a stock buyback plan on Friday, August 4th 2017, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 1.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

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

11 equities research analysts have issued 1 year target prices 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. View Analyst Ratings for FleetCor Technologies.

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), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Mercadolibre (MELI) and Zillow Group Inc Class A (ZG).

News headlines about FLT stock have been trending somewhat positive recently, according to Accern. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FleetCor Technologies earned a news impact score of 0.13 on Accern's scale. They also gave media stories about the business services provider an impact score of 44.39 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

FleetCor Technologies' stock is owned by a number of of retail and institutional 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.

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.

FLT stock was purchased 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.

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 $213.90.

FleetCor Technologies has a market capitalization of $19.39 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]