FleetCor Technologies (FLT) Releases Q1 Earnings Guidance
FleetCor Technologies (NYSE:FLT) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.30-2.40 for the period, compared to the Thomson Reuters consensus estimate of $2.34. FleetCor Technologies also updated its FY18 guidance to $10.05-10.35 EPS.
Several equities analysts recently commented on the stock. Keefe, Bruyette & Woods reaffirmed a buy rating and set a $236.00 price target on shares of FleetCor Technologies in a research report on Thursday. SunTrust Banks set a $240.00 price target on shares of FleetCor Technologies and gave the stock a buy rating in a research report on Monday, February 5th. Credit Suisse Group upped their price target on shares of FleetCor Technologies from $209.00 to $211.00 and gave the stock a neutral rating in a research report on Friday. Oppenheimer upped their price target on shares of FleetCor Technologies from $194.00 to $247.00 and gave the stock an outperform rating in a research report on Monday, February 5th. Finally, Wells Fargo & Co set a $225.00 price target on shares of FleetCor Technologies and gave the stock a buy rating in a research report on Wednesday, January 10th. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $209.21.
Shares of FleetCor Technologies (NYSE FLT) opened at $189.92 on Friday. FleetCor Technologies has a 52-week low of $121.52 and a 52-week high of $213.74. The stock has a market cap of $17,467.02, a price-to-earnings ratio of 23.95, a PEG ratio of 1.26 and a beta of 1.52. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.86.
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.
Receive News & Ratings for FleetCor Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FleetCor Technologies and related companies with MarketBeat.com's FREE daily email newsletter.