Economy

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

After having $1.16 EPS previously, Pool Corporation's analysts see -85.34% EPS growth. The stock decreased 2.25% or $8.03 during the last trading session, reaching $348.91. About 1.81M shares traded. Pool Corporation (NASDAQ:POOL) has risen 35.85% since February 3, 2017 and is uptrending. It has underperformed by 6.54% the S&P500.

According to Zacks, "FleetCor is a leading independent global provider of fuel cards, commercial payment and data solutions, lodging and transportation management services, stored value solutions, and workforce payment products and services to businesses, retailers, commercial fleets, major oil companies, petroleum marketers and government entities in countries throughout North America, Latin America, Europe, Australia and New Zealand". The company has a market cap of $18,960.53, a PE ratio of 35.29, a PEG ratio of 1.39 and a beta of 1.52. The Company offers fuel card payments product solutions, corporate payments products, toll products, lodging cards and gift cards. It has a 34.09 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. Raymond James Financial Services Advisors Inc. grew its stake in FleetCor Technologies by 207.3% in the 2nd quarter. (NYSE:FLT) by 14.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. First Personal Financial Services now owns 1,020 shares of the business services provider's stock valued at $196,000 after purchasing an additional 244 shares in the last quarter. FLT's profit will be $192.08 million for 24.24 P/E if the $2.14 EPS becomes a reality.

Zacks Investment Research cut shares of FleetCor Technologies (NYSE:FLT) from a buy rating to a hold rating in a report published on Tuesday morning. Finally, Steadfast Capital Management LP increased its position in FleetCor Technologies by 251.4% in the 2nd quarter. Kensico Capital Management Corp now owns 450,000 shares of the business services provider's stock valued at $69,647,000 after purchasing an additional 155,000 shares during the period. Francisco Partners Management Lp sold 2.20M shares as the company's stock declined 5.88% while stock markets rallied. Apg Asset Mgmt Nv, Netherlands-based fund reported 49,078 shares.

Ratings analysis reveals 100% of FleetCor's analysts are positive. FLT was included in 51 notes of analysts from August 6, 2015. The rating was maintained by Citigroup with "Buy" on Thursday, July 13. As per Wednesday, January 10, the company rating was maintained by Wells Fargo. Advisor Group Inc. now owns 3,890 shares of the business services provider's stock worth $543,000 after purchasing an additional 41 shares during the last quarter. 457,218 shares of the stock traded hands, compared to its average volume of 575,485. FleetCor Technologies, Inc. (NYSE:FLT) has declined 6.67% since February 3, 2017 and is downtrending. It has underperformed by 23.37% the S&P500.

Investors sentiment increased to 1.27 in Q3 2017. Its down 0.07, from 1.24 in 2017Q2. It improved, as 26 investors sold FLT shares while 99 reduced holdings. 50 funds opened positions while 182 raised stakes. Its up 0.36, from 0.91 in 2017Q2. Trust Of Toledo Na Oh holds 18,415 shares or 0.32% of its portfolio. Old Mutual (Uk) holds 0.01% or 5,300 shares. 227 are held by Tradewinds Cap Management Lc. Millennium Ltd owns 776,917 shares. Cliftonlarsonallen Wealth Advsr Limited Liability Corporation owns 30,038 shares or 0.22% of their USA portfolio. (NYSE:FLT). Cibc Asset Mgmt Inc accumulated 0% or 3,588 shares. C M Bidwell And Limited has invested 0% of its portfolio in Pool Corporation (NASDAQ:POOL). (NASDAQ:ADSK). Perigon Wealth Management Limited Liability stated it has 302 shares. (NASDAQ:ADSK). Aviva Public Ltd Co stated it has 132,259 shares or 0.08% of all its holdings. The company??s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 59 transmission switching substations, and 606 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 92 electric transmission substations. Zacks Investment Research raised FleetCor Technologies from a hold rating to a buy rating and set a $180.00 target price on the stock in a research report on Monday, October 9th. Therefore 88% are positive. Jefferies maintained the shares of FLT in report on Wednesday, April 5 with "Buy" rating. Oppenheimer reiterated an "outperform" rating and issued a $185.00 price target on shares of FleetCor Technologies in a research note on Tuesday, September 26th. (NYSE:FLT) on Monday, September 19 with "Buy" rating. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The company was maintained on Friday, August 14 by JP Morgan. (NYSE:FLT) has "Buy" rating given on Tuesday, October 24 by SunTrust. The original version of this story can be viewed at https://weekherald.com/2018/02/04/fleetcor-technologies-inc-flt-receives-consensus-rating-of-buy-from-analysts.html. The firm has "Overweight" rating given on Thursday, November 2 by Barclays Capital.



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