FleetCor Technologies (FLT) Earns Daily Media Sentiment Score of 0.06

News stories about FleetCor Technologies (NYSE:FLT) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FleetCor Technologies earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 43.7996535267551 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

FleetCor Technologies (NYSE FLT) traded up $0.88 during trading on Tuesday, reaching $191.34. The company’s stock had a trading volume of 347,246 shares, compared to its average volume of 1,113,511. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $17,057.75, a price-to-earnings ratio of 32.54, a P/E/G ratio of 1.39 and a beta of 1.53. FleetCor Technologies has a one year low of $121.52 and a one year high of $192.51.

FleetCor Technologies (NYSE:FLT) last posted its quarterly earnings data on Wednesday, November 1st. The business services provider reported $2.18 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.04. The company had revenue of $577.90 million for the quarter, compared to analyst estimates of $576.78 million. FleetCor Technologies had a return on equity of 20.99% and a net margin of 25.66%. The business’s revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.92 earnings per share. equities analysts forecast that FleetCor Technologies will post 7.76 EPS for the current year.

A number of research firms have recently issued reports on FLT. Deutsche Bank boosted their price objective on FleetCor Technologies from $185.00 to $225.00 and gave the company a “buy” rating in a research report on Tuesday, December 5th. Zacks Investment Research lowered FleetCor Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Barclays boosted their price target on FleetCor Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. Morgan Stanley boosted their price target on FleetCor Technologies from $189.00 to $194.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. Finally, Oppenheimer boosted their price target on FleetCor Technologies from $185.00 to $194.00 and gave the company an “outperform” rating in a research note on Thursday, November 2nd. Two research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $187.31.

In other FleetCor Technologies news, insider Kurt Patrick Adams sold 7,099 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $170.00, for a total value of $1,206,830.00. Following the transaction, the insider now owns 9,246 shares of the company’s stock, valued at $1,571,820. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 4.60% of the stock is currently owned by insiders.

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About FleetCor Technologies

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.

Insider Buying and Selling by Quarter for FleetCor Technologies (NYSE:FLT)

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