Media headlines about FleetCor Technologies (NYSE:FLT) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FleetCor Technologies earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 43.8009491999022 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- 12 West Capital Management LP Boosted Fleetcor Technologies (FLT) Position By $36.72 Million; Caprock Group … – Hill Country Times (hillcountrytimes.com)
- Avenir Boosted Fleetcor Technologies (FLT) Stake; Hartwell JM Limited Partnership Trimmed Affiliated Managers … – Hill Country Times (hillcountrytimes.com)
- Goldman Sachs Positive On Kratos Defense \u0026 Security (KTOS) with $10.5 Target; Fleetcor Tech (FLT) Shorts … – Hill Country Times (hillcountrytimes.com)
- Analyzing Analyst Recommendations: FleetCor Technologies, Inc. (FLT), Macerich Company (MAC) – GkMen (gkmen.com)
- FleetCor Technologies (FLT) PT Raised to $225 at Deutsche Bank – StreetInsider.com (streetinsider.com)
Shares of FleetCor Technologies (FLT) traded up $0.71 during midday trading on Friday, hitting $186.43. 558,518 shares of the stock were exchanged, compared to its average volume of 682,774. The firm has a market capitalization of $16,696.86, a PE ratio of 25.23, a price-to-earnings-growth ratio of 1.36 and a beta of 1.53. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.84 and a quick ratio of 0.84. FleetCor Technologies has a 1-year low of $121.52 and a 1-year high of $188.85.
FleetCor Technologies (NYSE:FLT) last issued its earnings results on Wednesday, November 1st. The business services provider reported $2.18 EPS for the quarter, beating the Zacks’ consensus estimate of $2.14 by $0.04. FleetCor Technologies had a net margin of 25.66% and a return on equity of 20.99%. The business had revenue of $577.90 million during the quarter, compared to analysts’ expectations of $576.78 million. During the same period in the prior year, the business earned $1.92 earnings per share. The company’s quarterly revenue was up 19.3% compared to the same quarter last year. equities research analysts expect that FleetCor Technologies will post 7.75 earnings per share for the current fiscal year.
A number of equities analysts recently commented on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $185.00 price target on shares of FleetCor Technologies in a research note on Tuesday, September 26th. BidaskClub raised shares of FleetCor Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Deutsche Bank lifted their price target on shares of FleetCor Technologies from $185.00 to $225.00 and gave the stock a “buy” rating in a research note on Tuesday, December 5th. Citigroup lifted their price target on shares of FleetCor Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, Morgan Stanley lifted their price objective on shares of FleetCor Technologies from $189.00 to $194.00 and gave the company an “overweight” rating in a report on Thursday, November 2nd. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. FleetCor Technologies presently has a consensus rating of “Buy” and an average price target of $187.31.
In related news, insider Kurt Patrick Adams sold 7,099 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $170.00, for a total value of $1,206,830.00. Following the completion of the sale, the insider now owns 9,246 shares of the company’s stock, valued at $1,571,820. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 4.30% of the company’s stock.
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FleetCor Technologies Company Profile
FleetCor Technologies, Inc is a provider of workforce payment products. The Company offers fuel card payments product solutions, corporate payments products, toll products, lodging cards and gift cards. The Company operates through two segments: North America and International. Its products are sold to businesses, retailers, oil companies and marketers and government entities.
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