FLEETCOR Applied sciences (NYSE:FLT — Get Ranking) had its worth goal dropped by Barclays from $290.00 to $266.00 in a analysis report issued to purchasers and buyers on Sunday, The Fly reviews. The agency presently has an «overweight» score on the enterprise providers provider’s stock. Barclays‘s target value would indicate a potential upside of 47.51% from the company’s present worth.
FLT has been the subject of several other research reports. Wells Fargo & Company decreased their value target on FLEETCOR Applied sciences from $298.00 to $274.00 and set an «overweight» score on the stock in a analysis be aware on Thursday, September 8th. Robert W. Baird dropped their worth objective on FLEETCOR Applied sciences from $250.00 to $220.00 and set a «neutral» ranking for the corporate in a report on Monday, September 26th. Financial institution of America downgraded FLEETCOR Technologies from a «buy» rating to a «neutral» score and dropped their value goal for the inventory from $278.00 to $203.00 in a report on Thursday, October twentieth. Morgan Stanley decreased their worth goal on shares of FLEETCOR Applied sciences from $196.00 to $188.00 and set an «equal weight» rating for the corporate in a research report on Thursday, November 3rd. Lastly, StockNews.com started coverage on shares of FLEETCOR Technologies in a analysis report on Wednesday, October 12th. They issued a «hold» ranking for the company. Seven analysis analysts have rated the inventory with a hold rating and 5 have given a purchase rating to the company’s stock. In accordance with MarketBeat.com, FLEETCOR Applied sciences has a median ranking of «Hold» and a consensus value goal of $246.08.
FLEETCOR Technologies Inventory Efficiency
Shares of FLT inventory opened at $180.33 on Friday. FLEETCOR Applied sciences has a 52-week low of $161.69 and a 52-week excessive of $265.30. The stock’s 50-day shifting common price is $188.74 and its 200 day shifting average price is $214.12. The inventory has a market capitalization of $13.53 billion, a PE ratio of 14.87, a value-to-earnings-growth ratio of 0.Eighty five and a beta of 1.22. The corporate has a quick ratio of 1.06, a present ratio of 0.Ninety nine and a debt-to-equity ratio of 2.13.
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In related information, insider Alan King offered 1,379 shares of the business’s stock in a transaction dated Monday, September 12th. The inventory was sold at a mean value of $223.38, for a total transaction of $308,041.02. Following the completion of the transaction, the insider now owns 9,250 shares of the company’s stock, valued at roughly $2,066,265. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is on the market through the SEC webpage. Insiders own 6.60% of the company’s inventory.
Institutional Traders Weigh In On FLEETCOR Technologies
Several massive investors have not too long ago modified their holdings of the stock. Marshall Financial Group LLC grew its stake in shares of FLEETCOR Technologies by 1.3% in the 1st quarter. Marshall Monetary Group LLC now owns 4,133 shares of the business providers provider’s inventory valued at $1,029,000 after buying an extra 52 shares during the period. Cetera Investment Advisers lifted its holdings in FLEETCOR Technologies by 3.1% during the 1st quarter. Cetera Funding Advisers now owns 1,832 shares of the enterprise providers provider’s stock worth $456,000 after buying a further 55 shares in the last quarter. Fulton Financial institution N.A. lifted its holdings in FLEETCOR Technologies by 4.5% in the course of the 2nd quarter. Fulton Bank N.A. now owns 1,312 shares of the business providers provider’s inventory price $275,000 after shopping for a further 57 shares in the final quarter. Kestra Personal Wealth Providers LLC lifted its holdings in FLEETCOR Applied sciences by 4.0% during the first quarter. Kestra Non-public Wealth Providers LLC now owns 1,579 shares of the business services provider’s stock worth $393,000 after shopping for an extra 61 shares within the last quarter. Lastly, First Horizon Advisors Inc. lifted its stake in shares of FLEETCOR Applied sciences by 3.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,962 shares of the enterprise providers provider’s inventory valued at $412,000 after buying an extra 65 shares through the period. 91.52% of the stock is at the moment owned by institutional investors.
FLEETCOR Technologies Company Profile
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FLEETCOR Applied sciences, Inc offers digital payment solutions for companies to manage purchases and make funds. It provides company payments solutions, akin to accounts payable automation; Virtual Card, which provides a single-use card number for a particular amount usable within a defined timeframe; Cross-Border that’s used by its clients to pay worldwide vendors, foreign workplace and personnel expenses, Online News Action capital expenditures, and profit repatriation and dividends; and purchasing playing cards and journey and leisure cards for its prospects to analyze and handle their corporate spending.
Get a free copy of the StockNews.com research report on FLEETCOR Applied sciences (FLT)
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