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 (NYSE:FLT) last released its quarterly earnings data on Thursday, February 8th. The business services provider reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.33 by $0.09. FleetCor Technologies had a net margin of 32.90% and a return on equity of 21.59%. The company had revenue of $610.00 million during the quarter, compared to analyst estimates of $605.87 million. During the same quarter in the prior year, the business earned $1.90 earnings per share. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. research analysts forecast that FleetCor Technologies will post 9.39 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “FleetCor Technologies (FLT) Releases Q1 Earnings Guidance” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark laws. The original version of this story can be accessed at https://www.watchlistnews.com/fleetcor-technologies-flt-releases-q1-earnings-guidance/1857436.html.

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.