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NYSE:FLT

FLEETCOR Technologies (FLT) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$265.12
$306.63
52-Week Range
N/A
Volume
334,900 shs
Average Volume
457,405 shs
Market Capitalization
$21.90 billion
P/E Ratio
22.97
Dividend Yield
N/A
Price Target
$303.64

FLEETCOR Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
∞ Upside
$303.64 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
0.04
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
15.88%
From $18.20 to $21.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.96 out of 5 stars

Business Services Sector

142nd out of 303 stocks

Business Services, Not Elsewhere Classified Industry

52nd out of 91 stocks

FLT stock logo

About FLEETCOR Technologies Stock (NYSE:FLT)

FLEETCOR Technologies, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. It operates through Vehicle Payments, Corporate Payments, Lodging Payments, and Other segments. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services; as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. FLEETCOR Technologies, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.

FLT Stock News Headlines

Flight Centre Travel Group Limited (FGETF) Receives a Buy from Citi
FleetCor Technologies earnings preview: what Wall Street is expecting
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
Bank of America Securities Reaffirms Their Buy Rating on WEX (WEX)
FLEETCOR Announces Rebranding to Corpay
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
FLT Apr 2024 240.000 put
FLEETCOR Announces Rebranding to Corpay
What Analysts Are Saying About Fleetcor Technologies Stock
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
33904110
Employees
10,500
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$303.64
High Stock Price Target
$337.00
Low Stock Price Target
$240.00
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$981.89 million
Pretax Margin
35.26%

Debt

Sales & Book Value

Annual Sales
$3.76 billion
Book Value
$45.46 per share

Miscellaneous

Free Float
67,507,000
Market Cap
$21.90 billion
Optionable
Optionable
Beta
1.22

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Key Executives

  • Mr. Ronald F. ClarkeMr. Ronald F. Clarke (Age 68)
    Chairman, President & CEO
    Comp: $3.99M
  • Ms. Alissa B. VickeryMs. Alissa B. Vickery (Age 45)
    Chief Accounting Officer
    Comp: $400.2k
  • Mr. John S. Coughlin (Age 56)
    Senior Advisor
    Comp: $968.53k
  • Mr. Armando Lins Netto (Age 56)
    Group President of Vehicle Payments in Brazil and North America
    Comp: $807.62k
  • Mr. Alan King (Age 47)
    Group President of Vehicle Payments in Europe and Australasia
    Comp: $1.05M
  • Mr. Thomas E. Panther (Age 55)
    Chief Financial Officer
  • Mr. Scott A. Dufour (Age 55)
    Chief Information Officer
  • Mr. James P. Eglseder
    Head of Investor Relations
  • Mr. Daniel S. Fishbein (Age 50)
    General Counsel
  • Mr. Steve C. Greene
    Executive Vice President of Corporate Development & Strategy

Should I Buy FLEETCOR Technologies Stock? FLT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in FLEETCOR Technologies, Inc.:

  • FLEETCOR Technologies, Inc. has shown a consistent positive performance over the past year, with a Fifty-Two Week Performance of 42.86% as of the latest record date.
  • The company has a high institutional ownership percentage of 94.27%, indicating confidence from institutional investors in the company's future prospects.
  • With a low Short Percentage of Float at 1.39% and 1.42% in the latest reports, there is lower short interest in the company, potentially signaling a positive sentiment from investors.
  • The Days to Cover ratio of 1.9 and 2.1 suggests that it would take less than 2 days for short sellers to cover their positions based on the average daily volume, indicating lower risk of short squeezes.
  • Despite fluctuations, the stock price of FLEETCOR Technologies, Inc. has remained relatively stable around $275-$277 as of the latest record date, providing a consistent valuation for investors.

Cons

Investors should be bearish about investing in FLEETCOR Technologies, Inc. for these reasons:

  • The Month-to-Month Change Percentage in shares shorted has shown fluctuations, with a decrease of 13.49% in the latest report, indicating potential volatility in investor sentiment towards the company.
  • Although the company has a high institutional ownership percentage, it could also lead to limited room for significant institutional buying, potentially impacting future stock price movements.
  • With an Average Daily Volume of 463,600 and 498,700 in the latest reports, the trading volume may not be as high compared to other stocks, potentially leading to liquidity issues for investors looking to enter or exit positions quickly.
  • The Float Size of 67,750,000 shares and Outstanding Shares of 83,350,000 indicate a relatively large number of shares available in the market, which could dilute the impact of individual investor actions on the stock price.
  • Investors should consider the company's record date and any upcoming events that may impact the stock price, as market conditions and external factors can influence the performance of FLEETCOR Technologies, Inc.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these FLEETCOR Technologies pros and cons to contact@marketbeat.com.

FLT Stock Analysis - Frequently Asked Questions

How were FLEETCOR Technologies' earnings last quarter?

FLEETCOR Technologies, Inc. (NYSE:FLT) announced its earnings results on Wednesday, February, 7th. The business services provider reported $4.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.48 by $0.04. The firm's revenue was up 6.1% compared to the same quarter last year.
Read the conference call transcript
.

What is Ron Clarke's approval rating as FLEETCOR Technologies' CEO?

237 employees have rated FLEETCOR Technologies Chief Executive Officer Ron Clarke on Glassdoor.com. Ron Clarke has an approval rating of 78% among the company's employees.

Does FLEETCOR Technologies have any subsidiaries?

The following companies are subsidiaries of FLEETCOR Technologies: ALE, AFEX, Roger, Travelliance, SOLE, NvoicePay, Corpay, and more.

What other stocks do shareholders of FLEETCOR Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FLEETCOR Technologies investors own include Netflix (NFLX), NVIDIA (NVDA), Walt Disney (DIS), Broadcom (AVGO), Adobe (ADBE), Boeing (BA) and Mastercard (MA).

This page (NYSE:FLT) was last updated on 9/7/2024 by MarketBeat.com Staff

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