Analyst Ratings for FleetCor Technologies Inc. (FLT)Updated: 2017-07-26
An average rating of Buy has been given to FleetCor Technologies Inc. (NYSE:FLT) by analysts covering the stock. About 30 days ago, FLT was issued an average rating of Buy.
Of the 17 analysts covering the stock, 15 gave it a buy rating, 1 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for FLT. The most optimistic price target was 202, which equates to a potential upside of 31.38 percent. The most pessimistic analyst gave a price target of 164, implying potential capital losses of 6.67 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.81 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.12 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of FLT to grow at a rate of 61.76 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. FLT has a PEG ratio of 0.51.
FLT has traded between a high of 176.42 and a low of 121.52 over the past year. Today's price is 26.52 percent above the 52-week low, and 12.85 percent below the high. FLT has a price/earnings ratio of 31.51. Investors typically compare the P/E ratio to a company's peers in the industry. The FLT value stock report compares FLT to some of its peers using value stock charts. The stock has a market capitalization of $13.88 billion. FLT's next earnings release will be on 0000-00-00, which is days away.