FleetCor stock: buy or sell?
February 18th, 2020
FleetCor Technologies, Inc. provides fuel cards, commercial payment and data solutions, gift card and stored value solutions, and workforce payment products and services primarily in the United States, Brazil, and the United Kingdom.
Should I buy FleetCor stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, FleetCor Technologies stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is FleetCor Technologies stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for FLT stock for the last month.
FleetCor stock analysis
FleetCor Technologies shares raised 0.67% to $320.57 today.
FleetCor Technologies shares raised 0.67% to $320.57 today. On January/13 FLT price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Feb 6th, FLT hit new all time highs, pushing higher previous ATH of $327.48 recorded on Feb 5th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
FleetCor Technologies ended this week at $320.57 and appreciated a tiny 0.67%. By mid January FLT rocketed an exceptional 5.69% in just one week.
In a weekly time frame, FleetCor Technologies stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, FLT might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record FleetCor Technologies marked early February. Since early April 2019 when SMA20w and SMA40w crossed up, FLT price gained $70.26 per share (28.07%). Since price and SMA20w lines crossed up by mid January, FLT climbed $28.17 (9.63%).
FleetCor stock price history
FleetCor IPO was on December 15th, 2010 at $25.00 per share1. Since then, FLT stock grew a 1,182.30%, with a yearly average of 131.40%. If you had invested $1,000 in FleetCor stock in 2010, it would worth $11,823.00 today.
1: Adjusted price after possible price splits or reverse-splits.
FleetCor stock historical price chart
FLT stock reached all-time highs on Feb/6 with a price of $329.85.
FleetCor stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for FleetCor Technologies stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, FleetCor presented its financial report, posting a tiny growth for the Earnings per Share (EPS). Analyst were expecting $2.54 per share, but FleetCor posted $2.64.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an excellent growth of 8.18% to $2,433.49 M USD. However, its earnings margin (compared to revenues) stayed steady to 33.35%, that is $811.48 million.
|2013||$895 M||-||$285 M31.8%||-|
|2014||$1,199 M||33.98%||$369 M30.7%||29.60%|
|2015||$1,703 M||41.98%||$362 M21.3%||-1.70%|
|2016||$1,832 M||7.56%||$452 M24.7%||24.82%|
|2017||$2,250 M||22.82%||$740 M32.9%||63.62%|
|2018||$2,433 M||8.18%||$811 M33.3%||9.63%|
Quarterly financial resultsFleetCor Technologies posted $643.42 million in revenues for 2018-Q4, a 3.85% up compared to previous quarter. Reported quarter income marked $302.00 M with a profit margin of 46.94%. Profit margin boosted a 21.49% compared to previous quarter when profit margin was 25.45%. When comparing revenues to same quarter last year, FleetCor sales marked a good gain and rose a 5.48%. Looking back to recent quarterly results, FleetCor Technologies posted 2 positive quarters in a row.
|2017-Q1||$520 M||-||$124 M23.8%||-|
|2017-Q2||$541 M||4.00%||$131 M24.2%||5.90%|
|2017-Q3||$578 M||6.77%||$203 M35.1%||54.84%|
|2017-Q4||$610 M||5.56%||$283 M46.3%||39.38%|
|2018-Q1||$586 M||-4.01%||$175 M29.9%||-38.12%|
|2018-Q2||$585 M||-0.09%||$177 M30.2%||1.09%|
|2018-Q3||$620 M||5.91%||$158 M25.5%||-10.83%|
|2018-Q4||$643 M||3.85%||$302 M46.9%||91.51%|
FleetCor ownershipWhen you are planning to invest in a company, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For FleetCor Technologies, 1.83% of all outstanding shares are owned by its staff.
Bearish positions for FLT stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$27.8 B|
|Total shares||86.8 M|
|Float shares||83.8 M|
|- Institutional holdings (%)||101.2%|
|- Insider holdings (%)||1.8%|
|Shares in short selling||0.0%|
|Tuesday, February 18th, 2020|
|Day range||$317.46 - $323.60|
|Average true range||$7.12|
|50d mov avg||$305.03|
|100d mov avg||$299.58|
|200d mov avg||$290.32|
FleetCor performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared FleetCor Technologies against in the following table:
FleetCor competitorsUnfortunately, we could not find any public company that could be defined as FleetCor competitor. This doesn't mean FleetCor does not have any competitor in the market, it's just we could not detected it.
Latest FleetCor stock news
- InvestorPlace3 Big Stock Charts for Thursday: Pfizer, Walmart and FleetCor TechnologiesJune 6, 2019
- Seeking AlphaFleetCor Is Reasonably Priced, But It's Due For A PullbackMay 8, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: General Mills, Viacom and FleetCor TechnologiesMarch 20, 2019
- Seeking AlphaFleetcor Technologies: A Solid Growth StoryAugust 13, 2018