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, implying potential capital gains of 31.38 percent. The most pessimistic price target was 164, which equates to a potential downside of 6.67 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
FLT has an estimated earnings growth rate of 61.76 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. FLT has a PEG ratio of 0.51.
In the last 52-weeks, FLT has achieved a high of 176.42 and a low of 121.52. The current market price is above the trailing year's low by 26.52 percent, and 12.85 percent below the high. FLT has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.