Expert Outlook: Fleetcor Technologies Through The Eyes Of 7 Analysts
Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Fleetcor Technologies (NYSE:FLT) in the last three months.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Fleetcor Technologies, revealing an average target of $296.0, a high estimate of $330.00, and a low estimate of $235.00. This current average reflects an increase of 5.9% from the previous average price target of $279.50.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive Fleetcor Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Daniel Perlin | RBC Capital | Raises | Sector Perform | $302.00 | $270.00 |
| Dan Dolev | Mizuho | Raises | Neutral | $265.00 | $235.00 |
| Trevor Williams | Jefferies | Raises | Buy | $330.00 | $325.00 |
| Peter Christiansen | Citigroup | Raises | Buy | $325.00 | $300.00 |
| David Koning | Baird | Raises | Neutral | $315.00 | $302.00 |
| Rufus Hone | BMO Capital | Announces | Outperform | $300.00 | - |
| Dan Dolev | Mizuho | Lowers | Neutral | $235.00 | $245.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Fleetcor Technologies. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fleetcor Technologies compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Fleetcor Technologies's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Fleetcor Technologies's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Fleetcor Technologies analyst ratings.
Discovering Fleetcor Technologies: A Closer Look
Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. United States is the largest geographic operating segment.
Fleetcor Technologies: A Financial Overview
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Fleetcor Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.72% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Fleetcor Technologies's net margin is impressive, surpassing industry averages. With a net margin of 27.96%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Fleetcor Technologies's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 8.59%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Fleetcor Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.78%, the company showcases efficient use of assets and strong financial health.
Debt Management: Fleetcor Technologies's debt-to-equity ratio surpasses industry norms, standing at 2.28. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Basics of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.