FleetCor Technologies (FLT) to Release Quarterly Earnings on Wednesday
FleetCor Technologies (NYSE:FLT) is set to announce its earnings results on Wednesday, February 5th. Persons interested in registering for the company’s earnings conference call can do so using this link.
FleetCor Technologies (NYSE:FLT) opened at 104.48 on Tuesday. FleetCor Technologies has a one year low of $59.34 and a one year high of $123.96. The stock’s 50-day moving average is $112.8 and its 200-day moving average is $109.0. The company has a market cap of $8.593 billion and a P/E ratio of 32.63.
On the ratings front, analysts at Zacks downgraded shares of FleetCor Technologies from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $126.30 price target on the stock. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $107.04.
In other FleetCor Technologies news, Insider William Schmit sold 1,910 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $104.34, for a total value of $199,289.40. Following the completion of the transaction, the insider now directly owns 9,346 shares in the company, valued at approximately $975,162. The sale was disclosed in a legal filing with the SEC, which is available at this link.
FleetCor Technologies, Inc, is an independent global provider of fuel cards and workforce payment products and services to businesses, commercial fleets, major oil companies, petroleum marketers and government entities in countries throughout North America, Latin America and Europe.
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