FLEETCOR Technologies (FLT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: N/A
• 50-Day Range: $265.12 to $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: $313.00
• Consensus Rating: Moderate Buy

FLEETCOR Technologies Stock Analysis - MarketRank™

FLEETCOR Technologies scored higher than 77% of companies evaluated by MarketBeat, and ranked 81st out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

FLEETCOR Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

FLEETCOR Technologies has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.88%

Earnings Growth

Earnings for FLEETCOR Technologies are expected to grow by 15.88% in the coming year, from $18.20 to $21.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FLEETCOR Technologies is 22.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of FLEETCOR Technologies is 22.97, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 24.34.

Price to Earnings Growth Ratio

FLEETCOR Technologies has a PEG Ratio of 1.15. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FLT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

FLEETCOR Technologies does not currently pay a dividend.

Dividend Growth

FLEETCOR Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: 0.04

Short Interest

There is no current short interest data available for FLT.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, FLEETCOR Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.50% of the stock of FLEETCOR Technologies is held by insiders.

Percentage Held by Institutions

98.84% of the stock of FLEETCOR Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 for the quarter, missing the consensus estimate of $4.48 by $0.04. FLEETCOR Technologies's quarterly revenue was up 6.1% on a year-over-year basis.
Read the conference call transcript.

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 Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Tesla (TSLA) and Adobe (ADBE).

Company Calendar

• Last Earnings: 2/07/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Data Processing & Outsourced Services
• Current Symbol: NYSE:FLT
• CUSIP: 33904110
• CIK: 1175454
• Web: www.fleetcor.com
• Phone: (770) 449-0479
• Fax: 770-449-3471
• Employees: 10,500
• Year Founded: 2000

Price Target and Rating

• Average Stock Price Target: $313.00
• High Stock Price Target: $337.00
• Low Stock Price Target: $265.00
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $13.20
• Trailing P/E Ratio: 22.97
• Forward P/E Ratio: N/A
• P/E Growth: 1.15
• Net Income: $981.89 million
• Net Margins: 26.13%
• Pretax Margin: 35.26%
• Return on Equity: 37.56%
• Return on Assets: 7.75%

Debt

• Debt-to-Equity Ratio: 1.40
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $3.76 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 14.44
• Book Value: $45.46 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 72,200,000
• Free Float: 67,507,000
• Market Cap: $21.90 billion
• Optionable: Optionable
• Beta: 1.22