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.
Several price targets were given for FLT by the analysts covering the stock. The maximum price target given was 202, implying potential capital gains of 31.38 percent. The most pessimistic price target was 164, implying a possible loss 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.
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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FLT to grow at a rate of 61.76 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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. Currently the stock is 26.52 percent higher than its low, 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 will post this quarters earnings in days, on 0000-00-00.