Analysts See $2.14 EPS for FleetCor Technologies, Inc. (FLT)

January 23, 2018 - By Peter Erickson

 Analysts See $2.14 EPS for FleetCor Technologies, Inc. (FLT)
Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.36, from 0.91 in 2017Q2. It is positive, as 26 investors sold FleetCor Technologies, Inc. shares while 99 reduced holdings. 39 funds opened positions while 120 raised stakes. 83.71 million shares or 5.44% less from 88.52 million shares in 2017Q2 were reported.
Tiger Glob Mgmt Ltd Company has invested 2.93% in FleetCor Technologies, Inc. (NYSE:FLT). Toronto Dominion Bancorp reported 3,896 shares. Old Mutual Customised Solutions (Proprietary) Ltd has 0.02% invested in FleetCor Technologies, Inc. (NYSE:FLT). Tealwood Asset Mgmt stated it has 12,754 shares or 0.71% of all its holdings. State Of Wisconsin Investment Board reported 106,383 shares. Livforsakringsbolaget Skandia Omsesidigt owns 0.02% invested in FleetCor Technologies, Inc. (NYSE:FLT) for 1,773 shares. Crescent Park Lp reported 3.31% in FleetCor Technologies, Inc. (NYSE:FLT). Calamos Advisors Limited Com stated it has 171,147 shares. Moreover, Highbridge Cap Ltd Liability Co has 0.01% invested in FleetCor Technologies, Inc. (NYSE:FLT). Assetmark reported 413 shares. Bronson Point Management Ltd Co owns 20,000 shares or 1% of their US portfolio. Meridian reported 7,906 shares or 0.61% of all its holdings. State Board Of Administration Of Florida Retirement Sys accumulated 137,637 shares or 0.06% of the stock. Moreover, Wilbanks Smith Thomas Asset Mngmt Ltd Co has 0.02% invested in FleetCor Technologies, Inc. (NYSE:FLT). Millennium Mgmt Lc reported 776,917 shares.

Analysts expect FleetCor Technologies, Inc. (NYSE:FLT) to report $2.14 EPS on February, 14.They anticipate $0.36 EPS change or 20.22 % from last quarter’s $1.78 EPS. FLT’s profit would be $191.66M giving it 24.16 P/E if the $2.14 EPS is correct. After having $2.01 EPS previously, FleetCor Technologies, Inc.’s analysts see 6.47 % EPS growth. The stock increased 0.06% or $0.12 during the last trading session, reaching $206.77. About 492,898 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has declined 6.67% since January 23, 2017 and is downtrending. It has underperformed by 23.37% the S&P500.

FleetCor Technologies, Inc. (NYSE:FLT) Ratings Coverage

Among 17 analysts covering Fleetcor Technologies (NYSE:FLT), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Fleetcor Technologies had 50 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Compass Point on Friday, April 15. Morgan Stanley maintained the shares of FLT in report on Wednesday, October 18 with “Overweight” rating. The stock of FleetCor Technologies, Inc. (NYSE:FLT) has “Outperform” rating given on Friday, November 18 by Wells Fargo. The stock has “Buy” rating by Oppenheimer on Wednesday, November 1. The stock of FleetCor Technologies, Inc. (NYSE:FLT) earned “Buy” rating by Jefferies on Wednesday, October 11. Evercore downgraded FleetCor Technologies, Inc. (NYSE:FLT) on Wednesday, September 30 to “Hold” rating. Raymond James upgraded FleetCor Technologies, Inc. (NYSE:FLT) on Tuesday, May 2 to “Strong Buy” rating. Monness Crespi & Hardt maintained FleetCor Technologies, Inc. (NYSE:FLT) on Monday, September 19 with “Buy” rating. The firm has “Overweight” rating by Morgan Stanley given on Thursday, November 2. The rating was initiated by Credit Suisse on Friday, December 11 with “Neutral”.

FleetCor Technologies, Inc. provides fuel cards, commercial payment and data solutions, gift card and stored value solutions, and workforce payment services and products primarily in the United States, Brazil, and the United Kingdom. The company has market cap of $18.52 billion. It sells a range of customized fleet and lodging payment programs; and offers card products to purchase fuel, lodging, food, toll, transportation, and related services and products at participating locations. It has a 35.26 P/E ratio. The firm also offers telematics solution that allows fleet operators to monitor the capacity utilization and movement of vehicles and drivers; vehicle maintenance services; prepaid fuel and food vouchers, and cards; and workforce payment products related to public transportation and toll vouchers.

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