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S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Can't believe it's happening again (Ad)
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
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Undervalued UnitedHealth Group Won’t Be For Long
The “Perfect Storm” for Gold (Ad)
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Can't believe it's happening again (Ad)
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
1970’s computer coder issues shocking A.I. warning (Ad)
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
The “Perfect Storm” for Gold (Ad)
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Can't believe it's happening again (Ad)
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
1970’s computer coder issues shocking A.I. warning (Ad)
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
The “Perfect Storm” for Gold (Ad)
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
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NYSE:FLT

FLEETCOR Technologies (FLT) Stock Price, News & Analysis

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Compare
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
$299.67
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

FLEETCOR Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
∞ Upside
$299.67 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
0.04
Upright™ Environmental Score
News Sentiment
0.45mentions of FLEETCOR Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$34.19 M Sold Last Quarter
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.

4.13 out of 5 stars

Business Services Sector

50th out of 314 stocks

Business Services, Not Elsewhere Classified Industry

24th out of 88 stocks

See Top Rated MarketRank™ Stocks Here
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

April 14, 2024 | americanbankingnews.com
FLEETCOR Technologies, Inc. (NYSE:FLT) Receives Average Recommendation of "Moderate Buy" from Analysts
April 11, 2024 | americanbankingnews.com
FLEETCOR Technologies (NYSE:FLT) Receives New Coverage from Analysts at StockNews.com
April 16, 2024 | Paradigm Press (Ad)
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April 10, 2024 | bizjournals.com
Military contractor Cole Engineering's U.K. expansion to bring more business here
March 25, 2024 | businesswire.com
FLEETCOR Announces Rebranding to Corpay
March 16, 2024 | finance.yahoo.com
FLT Apr 2024 240.000 put
March 14, 2024 | finance.yahoo.com
Corpay Complete Wins “Spend Management Innovation Award” in 2024 FinTech Breakthrough Awards Program
March 9, 2024 | finance.yahoo.com
Insider Sell: Fleetcor Technologies Inc (FLT) Chief Accounting Officer Alissa Vickery Sold Shares
April 16, 2024 | Paradigm Press (Ad)
Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
March 7, 2024 | finance.yahoo.com
FLEETCOR Announces Rebranding to Corpay
March 6, 2024 | finance.yahoo.com
FLEETCOR Invests in Brazilian Vehicle Payments Company
March 6, 2024 | stocknews.com
Potentially Double Your Investments With These 3 Financial Stocks
March 4, 2024 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: FLEETCOR Technologies (FLT), Squarespace (SQSP) and C3ai (AI)
March 4, 2024 | msn.com
Fleetcor Technologies stock gains after Baird upgrades to Outperform
March 4, 2024 | markets.businessinsider.com
What Analysts Are Saying About Fleetcor Technologies Stock
February 19, 2024 | seekingalpha.com
Fleetcor: A High-Quality Company Undervalued On Multiple Fronts
February 17, 2024 | seekingalpha.com
Fleetcor Technologies: Rating Upgrade As Valuation Is Cheap
February 16, 2024 | businesswire.com
FLEETCOR to Participate in Upcoming Investor Conferences
February 15, 2024 | finance.yahoo.com
Why FleetCor Technologies (FLT) is a Top Growth Stock for the Long-Term
February 12, 2024 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: FLEETCOR Technologies (FLT) and I3 Verticals (IIIV)
February 9, 2024 | finance.yahoo.com
FLEETCOR Technologies Full Year 2023 Earnings: In Line With Expectations
February 9, 2024 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Technology Stocks: Paycom (PAYC), Dayforce Inc (DAY) and FLEETCOR Technologies (FLT)
February 8, 2024 | finance.yahoo.com
FLEETCOR Technologies, Inc. (NYSE:FLT) Q4 2023 Earnings Call Transcript
February 7, 2024 | msn.com
Business payments firm Fleetcor profit rises on higher spending
February 7, 2024 | seekingalpha.com
Fleetcor upsizes credit facility by $600M
February 7, 2024 | finance.yahoo.com
Fleetcor Technologies Inc (FLT) Posts Record Annual Revenues and Earnings for 2023
February 7, 2024 | finance.yahoo.com
FleetCor Technologies (FLT) Q4 Earnings and Revenues Miss Estimates
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/16/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

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
$299.67
High Stock Price Target
$337.00
Low Stock Price Target
$240.00
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 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

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Key Executives

  • Mr. Ronald F. Clarke (Age 68)
    Chairman, President & CEO
    Comp: $3.99M
  • Ms. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 had a net margin of 26.13% and a return on equity of 37.56%, indicating strong profitability and efficient use of shareholder equity.
  • The company's revenue for the quarter was up 6.1% year-over-year, showing consistent growth in its top line.
  • Analysts predict that FLEETCOR Technologies, Inc. will post 18.21 EPS for the current year, suggesting positive earnings expectations.
  • Insiders have shown confidence in the company by purchasing shares, with the chief accounting officer recently buying a significant amount of stock.
  • Several research analysts have given FLEETCOR Technologies a "buy" rating, indicating a favorable outlook from industry experts.

Cons

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

  • Some analysts have set price targets below the current stock price, suggesting potential overvaluation in the market.
  • While the company has shown growth, there may be concerns about sustainability and potential market saturation in the payments industry.
  • Market sentiment can change quickly, impacting stock prices, so investors should be prepared for volatility in FLEETCOR Technologies' stock.
  • Competitive pressures in the business services industry could affect FLEETCOR Technologies' market position and profitability.
  • Investors should carefully monitor any regulatory changes that could impact the company's operations and financial performance.
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 Friday, April 12, 2024. Please send any questions or comments about these FLEETCOR Technologies pros and cons to contact@marketbeat.com.

FLT Stock Analysis - Frequently Asked Questions

Should I buy or sell FLEETCOR Technologies stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FLEETCOR Technologies in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FLT shares.
View FLT analyst ratings or view top-rated stocks.

What is FLEETCOR Technologies' stock price target for 2024?

14 analysts have issued 1-year target prices for FLEETCOR Technologies' shares. Their FLT share price targets range from $240.00 to $337.00. On average, they anticipate the company's share price to reach $299.67 in the next year.
View analysts price targets for FLT or view top-rated stocks among Wall Street analysts.

When is FLEETCOR Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FLT earnings forecast.

How were FLEETCOR Technologies' earnings last quarter?

FLEETCOR Technologies, Inc. (NYSE:FLT) announced its quarterly earnings results on Wednesday, February, 7th. The business services provider reported $4.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.48 by $0.04. The business services provider earned $937.32 million during the quarter, compared to analysts' expectations of $967.01 million. FLEETCOR Technologies had a net margin of 26.13% and a trailing twelve-month return on equity of 37.56%. The business's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $3.83 EPS.
Read the conference call transcript.

What ETFs hold FLEETCOR Technologies' stock?

ETFs with the largest weight of FLEETCOR Technologies (NYSE:FLT) stock in their portfolio include Fundamentals First ETF (KNOW), ERShares Entrepreneurs ETF (ENTR), First Trust S-Network E-Commerce ETF (ISHP), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Invesco S&P 500 Equal Weight Financials ETF (RYF), Invesco Zacks Mid-Cap ETF (CZA), T. Rowe Price Small-Mid Cap ETF (TMSL) and ALPS Disruptive Technologies ETF (DTEC).

What guidance has FLEETCOR Technologies issued on next quarter's earnings?

FLEETCOR Technologies updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of 19.200-19.600 for the period, compared to the consensus EPS estimate of 19.340. The company issued revenue guidance of $4.0 billion-$4.1 billion, compared to the consensus revenue estimate of $4.1 billion.

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.

What other stocks do shareholders of FLEETCOR Technologies own?

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

Who are FLEETCOR Technologies' major shareholders?

FLEETCOR Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mather Group LLC. (0.00%). Insiders that own company stock include Alan King, Alissa B Vickery and Ronald Clarke.
View institutional ownership trends.

How do I buy shares of FLEETCOR Technologies?

Shares of FLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does FLEETCOR Technologies have any subsidiaries?
The following companies are subsidiares of FLEETCOR Technologies: AFEX, AFEX Global Holdings Limited, AFEX Markets Europe Limited, AFEX Markets PLC, AFEX Offshore Limited, ALE, ALE Solutions Inc., Abbey Euro Diesel Limited, Allstar Business Solutions, Allstar Business Solutions Limited, Associated Foreign Exchange (Schweiz) AG, Associated Foreign Exchange (Singapore) Pte Ltd., Associated Foreign Exchange Australia PTY Ltd., Associated Foreign Exchange Holdings Inc, Associated Foreign Exchange Inc., Associated Foreign Exchange Ireland Limtied, Associated Foreign Exchange Limited, Associated Foreign Exchange ULC, Auto Expresso Technologia S.A., Business Fuel Cards Pty Limited, Buyatab Online Inc, CCS Ceska spolecnost pro platebni karty sro, CCS Slovenska společnost pro platebne karty sro, CFN Holding Co., CGMP Centro de Gestao de Meios de Pagamentos Ltda., CH Jones Limited, CLC Group, CLC Group Inc., CTF, CTF Technologies (Canada) ULC, CTF Technologies Do Brasil Ltda., Cambridge, Cambridge Mercantile (Australia) Pty Ltd., Cambridge Mercantile Corp. (Canada), Cambridge Mercantile Corp. (U.K.) Ltd., Cambridge Mercantile Corp. (USA), Cambridge Mercantile Risk Management (U.K.) Ltd., CardLink, Cardlink Systems Limited, Comdata, Comdata Inc., Comdata LA LLC, Comdata Network Inc. of California, Comdata TN Inc., Corpay, Corpay One ApS, Corpay One Inc., Corporate Lodging Consultants Inc., Creative Lodging Solutions LLC, Crew Transportation Specialists Inc., CrewzIT LLC, DB, Efectivale S. de R.L. de C.V., Efectivale Servicios S. de R.L. de C.V., Epyx, Epyx France SAS, Epyx Limited, FCHC Holding Company LLC, FleetCor Belgium Société Privée à Responsabilité Limitée, FleetCor Commercial Card Management (Canada) Ltd., FleetCor Czech Republic sro, FleetCor Deutschland GmbH, FleetCor Europe Limited, FleetCor Fuel Cards (Europe) Ltd, FleetCor Fuel Cards LLC, FleetCor Funding LLC (SPV), FleetCor Hungary kft., FleetCor Jersey Holding Limited, FleetCor Luxembourg Holding 1, FleetCor Luxembourg Holding 2, FleetCor Solvakia s.r.o, FleetCor Sp. z.o.o., FleetCor Tankkarten GmbH, FleetCor Technologies Inc., FleetCor Technologies Mexico S. de R.L. de C.V., FleetCor Technologies New Zealand Limited, FleetCor Technologies Operating Company - CFN Holding S.e.n.c., FleetCor Technologies Operating Company LLC, FleetCor Technologieën B.V., FleetCor UK Acquisition Limited, FleetCor UK International Management Limited – f/k/a Intercity Fuels Limited, Fleetcor UK Finance Holdings 1 LLC, Fuelcards UK Limited, Global Processing Companies Rus Limited Liability Company, Group Achamps Ltd., Hotel Connect PTE LTD., Hotel Connections SDN BHD, Hotel Connections of Japan GK (fka: Hotel Connections of Japan GK), ICP, Kiwi Fuel Cards Limited, LLC "Eltop", LLC "NCT Software", LLC "OILCARD", LLC "STC" Petrol Plus", LLC "TD NCT", LLC Petrol Plus Cards Asia, LLC Petrol Plus Cards Ukraine, LLC TD Smart-Technologies, LLC “Avto Kart neft”, LLC “Peredovie Plateznie Resheniya" (LLC "PPR"), LR2 LLC, Lynked Solutions Pty Ltd., Mannatec Inc., Mazi Holding Ltda, Mina Digital Limited, NexTraq, NvoicePay, Nvoicepay Inc., OXON, P97 Networks Inc., PT AFEX Indonesia, Pacific Pride Services LLC, Petrol Plus Region, Quadrum Investments Group Limited, R2C Online Holdings Limited, R2C Online Limited, ReD, Red Fuel Cards (Europe), Roger, Roomstorm LLC, SOLE, STP, Sem Parar Credit Rights Investment Fund ("FIDC"), Shanghai Stored Value Solutions Information Technology Co. Ltd., Skylark Innovations LLC, Stored Value Solutions Canada Ltd., Stored Value Solutions France SAS, Stored Value Solutions GmbH, Stored Value Solutions Hong Kong Limited, Stored Value Solutions International B.V., Stored Value Solutions UK Limited, TA Connections AU Pty Ltd, TA Connections Brasil Servicos de Viagens Ltda. (fka: Travelliance Brasil Servicos de Viagens Ltda.), TA Connections DE LLC, TA Connections IL LLC, TA Connections MN LLC (fka: LJK Companies LLC), TA Connections MX S.de R.L.de C.V. (fka: Travelliance S. de RL de CV), TA Connections UK Ltd. (fka: Travelliance Global Ltd.), The Fuelcard Company UK Ltd, Transit Card Int’l Polska Sp. z.o.o., TravelCard B.V., Travelliance, UAB “Transit Card International”, VB, VB – SERVIÇIOS COMÉRCIO E ADMINISTRAÇÃO LTDA, Venturo Fleet Solutions Company Limited, Venturo Technologien Swiss GmbH, and Venturo Technologies S.à r.l..
Read More
This page (NYSE:FLT) was last updated on 4/16/2024 by MarketBeat.com Staff

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