FLT - FLEETCOR Technologies, Inc.

NYSE - NYSE Delayed Price. Currency in USD
247.45
-2.51 (-1.00%)
At close: 4:00PM EDT

247.45 0.00 (0.00%)
After hours: 6:03PM EDT

Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Triple Moving Average Crossover

Triple Moving Average Crossover

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close249.96
Open253.62
Bid247.27 x 900
Ask318.69 x 800
Day's Range246.95 - 253.62
52 Week Range168.51 - 329.85
Volume879,789
Avg. Volume1,190,804
Market Cap20.737B
Beta (5Y Monthly)1.49
PE Ratio (TTM)25.53
EPS (TTM)9.69
Earnings DateAug 04, 2020 - Aug 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est266.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Near Fair Value
17% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Thomson Reuters StreetEvents

    Edited Transcript of FLT earnings conference call or presentation 7-May-20 9:30pm GMT

    Q1 2020 Fleetcor Technologies Inc Earnings Call

  • FLEETCOR to Present at the Deutsche Bank 10th Annual Global Financial Services Conference
    Business Wire

    FLEETCOR to Present at the Deutsche Bank 10th Annual Global Financial Services Conference

    FLEETCOR Technologies, Inc. (NYSE: FLT) today announced that the Company will present at the Deutsche Bank 10th Annual Global Financial Services Conference on Wednesday, May 27, 2020. The presentation will begin at 2:30 PM ET.

  • 7 Stocks Maverick Capital Continues to Buy
    GuruFocus.com

    7 Stocks Maverick Capital Continues to Buy

    Adobe and Avantor make the list Continue reading...

  • Here's Why You Should Hold FLEETCOR Technologies (FLT)
    Zacks

    Here's Why You Should Hold FLEETCOR Technologies (FLT)

    Organic growth and strategic acquisitions contribute to FLEETCOR's (FLT) top line. However, higher interest expense, seasonality and foreign exchange rate risks persist.

  • FLEETCOR Jumps 23 Spots on Fortune 1000 Ranking
    Business Wire

    FLEETCOR Jumps 23 Spots on Fortune 1000 Ranking

    FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced a series of milestones in growth and leadership.

  • Lee Ainslie Packs Into Ackman's Restaurant Brands in the 1st Quarter
    GuruFocus.com

    Lee Ainslie Packs Into Ackman's Restaurant Brands in the 1st Quarter

    Manager of Dallas-based fund nearly dumps all of Monster Beverage holding Continue reading...

  • 3 Top Stock Picks From Wall Street’s 5-Star Analyst
    TipRanks

    3 Top Stock Picks From Wall Street’s 5-Star Analyst

    What does it take to be the best? On Wall Street, it takes a sharp eye for stocks and a clear view of what makes a winning investment – and not every analyst has that.Glenn Greene, writing on the technology sector for Oppenheimer, is one of the select few analysts to rate five stars from TipRanks. Ranked 3 overall, out of 6,546 rated analysts, Greene’s recommendations have a success rate of 81%. Even better, for the investors who follow him, Greene’s calls have brought an average return of 20.4%. With this in mind, we wanted to take a closer look at the 5-star analyst’s top picks in the business services sector. These are companies that provide day-to-day financial and payment processing services in the B2B market. While not household names, they are vital players in their niche. Let’s see why Greene sees them as compelling components for your portfolio.Fiserv, Inc. (FISV)We’ll start with, Fiserv, a provider of financial services technology for banks, credit unions, leasing and finance companies, retailers, and securities brokers and dealers. Fiserv has been in business since 1984, and reported over $10 billion in revenues for fiscal year 2019.On May 7, Fiserv reported two items of great interest to investors. First, the company announced that long-time CEO Jeffery Yabuki will step down as of July 1. He will be succeeded by COO Frank Bisignano. In the second news item that day, Fiserv reported Q1 results. At the top line, GAAP revenues increased 151% to $3.77 billion, and GAAP earnings grew by 2% to 57 cents per share. The balance sheet was solid -- Fiserv reported $888 million in net cash for the quarter, compared to $373 million in Q1 2019.Greene’s assessment of FISV is simple: he rates the stock as a Buy, and believes it has a clear path forward, stating, “FISV has seen steady weekly volume improvement since late March and into May. For perspective, volume declines approximated 30% in late March and have gradually recovered to low double-digit declines; notably better than peer trends, perhaps due to vertical or geographic volume mix. Accordingly, we expect significant but bottoming revenue/profitability pressure in 2Q20 with gradual improvement in subsequent quarters.”Along with this Buy rating, Greene give FISV a price target of $130, indicating his confidence in a solid 31.5% upside potential.Fiserv has no fewer than 19 recent analyst reviews, including an impressive 17 Buy ratings against just 2 Holds, and making the analyst consensus a Strong Buy. The average price target, $122.37, implies a 24% premium from the current trading price of $98.86. (See Fiserv stock analysis on TipRanks)FleetCor Technologies (FLT)Next on today’s list is FleetCor, a major provider of fuel cards and workforce payment services throughout the developed world, with major clients in the US, the Netherlands, Belgium, and Germany. FleetCor’s client list includes government entities, petroleum companies, and business commercial fleets.For Q1 2020, FLT showed mixed results. Revenues grew, gaining 6% year-over-year to reach $661.1 million. At the same time, net income fell by 15% yoy to $147.1 million. Due to the pandemic, management withdrew previously published full-year 2020 guidance, citing increased uncertainty in future business activity. Shares have slipped 13% since the earnings release.In his review of FLT, Greene maintained his Buy rating, along with a $280 price target that implies a strong upside of 30%. Greene comments, “Notwithstanding near-term COVID-19-related headwinds, FLT remains well positioned to re-capture growth as end client volumes and activity normalize. Additionally, FLT maintains significant capital deployment flexibility, which we suspect could be utilized as we see some evidence of broader growth trends returning.”The Moderate Buy analyst consensus rating on FLT is based on 13 reviews, including 7 Buys and 6 Holds. The stock is selling for $215.15, and the $270.23 average price target indicates it has room for 26% upside growth over the next 12 months. (See FleetCor stock analysis on TipRanks)WEX (WEX)The last stock on today’s list is WEX, an interesting company that provides payment solutions for corporate accounts. WEX started out in the 1980s as a fleet card provider, offering gasoline payment processing for corporate motor pools, and has since expanded to offer a wider range of payment processing and information management for commercial and government vehicle fleets.Prior to the COVID-19 outbreak, WEX was having a good year. The company saw earnings grow through the first three quarters of 2019, and finished the year with a $2.39 EPS in Q4. The wide-ranging, large-scale economic shutdowns put in place to help fight the pandemic hit WEX hard, however. With so many people under shelter-at-home orders, vehicle traffic declined sharply, as did the need to refuel, service, and maintain those vehicles. WEX reported just $1.62 in Q1 earnings, missing the forecast by over 10% and falling 32% sequentially. The bright spot was the year-over-year change; EPS was up 5.8% from Q1 2019.However, Glenn Greene believes that WEX remains in a solid position, with positive long-term prospects. The analyst noted, “WEX continues to see strong momentum in its US Health businesses, which realized a minimal impact from the pandemic. WEX also instituted near-term cost-cutting measures that should provide $60–65M of FY20 expense savings… We remain optimistic regarding WEX's diversified growth potential LT, however, are cautious regarding recent NT headwinds.”To this end, Greene maintained his Buy rating on WEX shares. His $175 price target suggests a robust one-year upside of 51% to the stock.Overall, WEX shares have a Moderate Buy rating from the analyst consensus. This is based on 11 recent reviews, which break down to 6 Buy and 5 Hold. Shares are priced at $116.09, and the average price target, $174.90, is in line with Greene’s, indicating room for 51% growth. (See WEX stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

  • FLEETCOR to Present at the J.P. Morgan Global Technology, Media and Communications Conference
    Business Wire

    FLEETCOR to Present at the J.P. Morgan Global Technology, Media and Communications Conference

    FLEETCOR Technologies, Inc. (NYSE: FLT) today announced that the Company will present at the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 13, 2020. The presentation will begin at 11:50 AM ET.

  • Stocks jump despite a record 20.5M jobs lost in April
    Yahoo Finance Video

    Stocks jump despite a record 20.5M jobs lost in April

    Managing Director & Chief U.S. Economist at NatWest Markets Michelle Girard joins Yahoo Finance’s Seana Smith to break down the April jobs report.

  • FleetCor Technologies Inc (FLT) Q1 2020 Earnings Call Transcript
    Motley Fool

    FleetCor Technologies Inc (FLT) Q1 2020 Earnings Call Transcript

    FLT earnings call for the period ending March 31, 2020.

  • GuruFocus.com

    World Markets Green on Friday

    Lear trades 10% higher after reporting 1st-quarter results Continue reading...

  • I think a ‘square-root’ recovery is more likely than a V-shaped one: Expert
    Yahoo Finance Video

    I think a ‘square-root’ recovery is more likely than a V-shaped one: Expert

    Director of Fiscal Policy at the American Action Forum Gordon Gray joins Yahoo Finance’s Seana Smith to break down the April jobs report and how some workers are making more on unemployment compared to their wages before the coronavirus pandemic.

  • FLEETCOR (FLT) Beats on Q1 Earnings & Revenues, Cancels View
    Zacks

    FLEETCOR (FLT) Beats on Q1 Earnings & Revenues, Cancels View

    FLEETCOR (FLT) first-quarter 2020 earnings and revenues improve year over year.

  • FleetCor Technologies (FLT) Q1 Earnings and Revenues Beat Estimates
    Zacks

    FleetCor Technologies (FLT) Q1 Earnings and Revenues Beat Estimates

    FleetCor Technologies (FLT) delivered earnings and revenue surprises of 8.30% and 5.16%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Long-Term Leader Fiserv Earnings In Line As Two Payments Rivals Break Out
    Investor's Business Daily

    Long-Term Leader Fiserv Earnings In Line As Two Payments Rivals Break Out

    Fiserv earnings met views after FIS earnings topped amid declining payment processing. PayPal gapped up and Visa broke out. FleetCor is due after the close.

  • FLEETCOR Reports First Quarter 2020 Financial Results
    Business Wire

    FLEETCOR Reports First Quarter 2020 Financial Results

    FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global provider of commercial payment solutions, today reported financial results for its first quarter of 2020.

  • Business Services Q1 Earnings on May 7: IT, FISV & More
    Zacks

    Business Services Q1 Earnings on May 7: IT, FISV & More

    Here's a sneak peek of how these five business service stocks are placed prior to the respective earnings releases on May 7.

  • Is a Beat in the Cards for FLEETCOR (FLT) in Q1 Earnings?
    Zacks

    Is a Beat in the Cards for FLEETCOR (FLT) in Q1 Earnings?

    FLEETCOR's (FLT) first-quarter 2020 earnings and revenues are expected to have increased year over year.

  • Can FleetCor Technologies (FLT) Keep the Earnings Surprise Streak Alive?
    Zacks

    Can FleetCor Technologies (FLT) Keep the Earnings Surprise Streak Alive?

    FleetCor Technologies (FLT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • How Does FLEETCOR Technologies's (NYSE:FLT) P/E Compare To Its Industry, After Its Big Share Price Gain?
    Simply Wall St.

    How Does FLEETCOR Technologies's (NYSE:FLT) P/E Compare To Its Industry, After Its Big Share Price Gain?

    Those holding FLEETCOR Technologies (NYSE:FLT) shares must be pleased that the share price has rebounded 39% in the...

  • FleetCor Technologies (FLT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    FleetCor Technologies (FLT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    FleetCor Technologies (FLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • FLEETCOR and BlueVine Simplify Application Process for Paycheck Protection Program
    Business Wire

    FLEETCOR and BlueVine Simplify Application Process for Paycheck Protection Program

    FLEETCOR Technologies, Inc. (NYSE: FLT), a global leader in business payments, is helping businesses apply for government relief funding through the Small Business Administration’s (SBA) Paycheck Protection Program. FLEETCOR has engaged with BlueVine, a provider of small business banking, to deliver this critical support to its small business customers.

  • 6 Tech Stocks Boosting Earnings
    GuruFocus.com

    6 Tech Stocks Boosting Earnings

    Intel makes the list Continue reading...

  • Are Investors Undervaluing FLEETCOR Technologies, Inc. (NYSE:FLT) By 34%?
    Simply Wall St.

    Are Investors Undervaluing FLEETCOR Technologies, Inc. (NYSE:FLT) By 34%?

    Does the April share price for FLEETCOR Technologies, Inc. (NYSE:FLT) reflect what it's really worth? Today, we will...