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.
FLT was given price targets by several analysts. The most optimistic analyst gave a price target of 202, implying a possible profit of 31.38 percent. The minimum price target given was 164, implying potential capital losses of 6.67 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0.81 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.12 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 26.52 percent, and below the high by 12.85 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.