Headlines about Fleetcor (NYSE:FLT) have been trending somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fleetcor earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.7212551620663 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s analysis:
Shares of FLT traded up $0.30 during mid-day trading on Friday, reaching $200.98. The stock had a trading volume of 345,267 shares, compared to its average volume of 381,790. The firm has a market cap of $18,022.84, a P/E ratio of 25.51, a PEG ratio of 1.27 and a beta of 1.46. Fleetcor has a 12 month low of $121.52 and a 12 month high of $213.74. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.87 and a quick ratio of 0.87.
Fleetcor (NYSE:FLT) last posted its quarterly earnings results on Thursday, February 8th. The business services provider reported $2.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.33 by $0.09. The business had revenue of $610.00 million during the quarter, compared to analyst estimates of $605.87 million. Fleetcor had a net margin of 32.90% and a return on equity of 21.15%. The company’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.90 earnings per share. equities analysts anticipate that Fleetcor will post 9.6 earnings per share for the current year.
FLT has been the subject of several recent research reports. Credit Suisse Group boosted their target price on shares of Fleetcor from $209.00 to $211.00 and gave the company a “neutral” rating in a research report on Friday, February 9th. Zacks Investment Research upgraded shares of Fleetcor from a “sell” rating to a “buy” rating and set a $224.00 target price for the company in a research report on Wednesday. Wells Fargo set a $225.00 target price on shares of Fleetcor and gave the company a “buy” rating in a research report on Wednesday, January 10th. Finally, Morgan Stanley boosted their target price on shares of Fleetcor from $194.00 to $232.00 and gave the company an “overweight” rating in a research report on Thursday, January 25th. Two investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Fleetcor presently has a consensus rating of “Buy” and an average target price of $209.14.
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