FleetCor Technologies trades as part of the business services industry and is in the industrials sector. The company CEO is Ronald Clarke. Fleetcor Technologies, provides fuel cards, commercial payment and data solutions, lodging and transportation management services, stored value solutions, and workforce payment products and services to businesses, retailers, and commercial fleets.



Previous Intraday Performance:

The FLT shares had a previous change of 0.10% which opened at 236.72 and closed at 237.70. It moved to an intraday high of 237.98 and a low of 235.13.

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Historical Performance:

Over the last five trading days, FLT shares returned -1.32% and in the past 30 trading days it returned 9.41%. Over three months, it changed 30.03%. In one year it has changed 17.56% and within that year its 52-week high was 245.46 and its 52-week low was 172.18. FLT stock is 38.05% above its 52 Week Low.

Our calculations result in a 200 day moving average of 209.56 and a 50 day moving average of 218.38. Right now, FLT stock is trading 13.43% above its 200 day moving average.

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Liquidity:

The company has a market cap of $20.4b with 85.9m shares outstanding and a float of 84.4m shares. Trading volume was 513,391 shares and has experienced an average volume of 657,956 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for FleetCor Technologies was 9.93 which ended on 31st of December 2018, which according to the previous close, that is a PE of 26.98. Based on 6 analyst estimates, the consensus EPS for the next quarter is 2.54. The trailing twelve month EPS is 9.93, which comes to a trailing twelve month PE of 23.94. Historically, the PE high was 47.60 and the PE low was 21.70. If the stock reached its PE low, that would represent a price of 215.46, which is a decrease of -9.36%.

Below was the last reported quarterly earnings per share:
12-31-2018:  2.64
09-30-2018:  2.50
06-30-2018:  2.41
03-31-2018:  2.38

Base on our calculations, the intrinsic value per share is 200.40, which means it might overvalued by -18.62%

The next earnings report will be: 04-05-2019



The growth of the EPS is critical in understanding the current valuation of FleetCor Technologies; it is typically displayed as a percentage and called the EPS growth rate, which is 18.00%.

Indicators Also to Watch:

Based on the latest filings, there is 1.60% of insider ownership and 148.50% of institutional ownership. Short-interest was 1,761,849, which was 2.05% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.74. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 1.24

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 23.13%, return on assets is 7.21%, profit margin is 33.35%, price-to-sales is 8.38 and price-to-book is 6.10.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 2  : Financial Safety Result
 3  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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