FLEETCOR Technologies Inc. (NYSE:FLT) previous close was $268.70 while the outstanding shares total 83.47M. The firm has a beta of 1.46, a 12-month trailing P/E ratio of 31.69, and a growth ratio of 2.03. FLT’s shares traded higher over the last trading session, gaining 1.57% on 05/14/21. The shares fell to a low of $270.12 before closing at $272.93. Intraday shares traded counted 0.35 million, which was 34.8% higher than its 30-day average trading volume of 536.55K. The stock’s Relative Strength Index (RSI) is 37.81, with weekly volatility at 2.36% and ATR at 6.19. The FLT stock’s 52-week price range has touched low of $206.60 and a $295.36 high.
Investors have identified the Information Technology Services company FLEETCOR Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $22.40 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
FLEETCOR Technologies Inc. (FLT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 4.29 billion total, with 4.31 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 13.68 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FLT sounds very interesting.
Is the stock of FLT attractive?
In related news, President Europe & Aus/NewZea, King Alan sold 1,500 shares of the company’s stock in a transaction that recorded on Mar 08. The sale was performed at an average price of 289.06, for a total value of 433,585. As the sale deal closes, the Former- CFO & Secretary, Dey Eric now sold 1,269 shares of the company’s stock, valued at 340,262. Also, Former- CFO & Secretary, Dey Eric sold 47,941 shares of the company’s stock in a deal that was recorded on Nov 10. The shares were price at an average price of 276.26 per share, with a total market value of 13,244,105. Following this completion of acquisition, the CFO & Secretary, Dey Eric now holds 44,000 shares of the company’s stock, valued at 12,151,506. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.20%.
13 out of 21 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on FLEETCOR Technologies Inc.. 0 analysts has assigned a Sell rating on the FLT stock. The 12-month mean consensus price target for the company’s shares has been set at $305.06.