Headlines about FleetCor Technologies (NYSE:FLT) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. FleetCor Technologies earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.4163749038045 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- Hot Stock under Review – FleetCor Technologies Inc (NYSE: FLT) – Alpha Beta Stock (alphabetastock.com)
- Free Research Report as FLEETCOR’s Revenues Jumped 18.5% and Adjusted EPS Surged 27.5% – Digital Journal (digitaljournal.com)
- Free Research Report as FLEETCOR’s Revenues Jumped 18.5% and Adjusted EPS Surged 27.5% (finance.yahoo.com)
- FleetCor Technologies, Inc. (FLT) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
FleetCor Technologies (FLT) traded down $0.89 during midday trading on Tuesday, hitting $207.80. 357,224 shares of the company traded hands, compared to its average volume of 629,234. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.79. The company has a market cap of $18,600.00, a P/E ratio of 31.73, a P/E/G ratio of 1.32 and a beta of 1.52. FleetCor Technologies has a fifty-two week low of $121.52 and a fifty-two week high of $213.74.
FLT has been the subject of several recent research reports. Zacks Investment Research raised shares of FleetCor Technologies from a “hold” rating to a “buy” rating and set a $228.00 target price for the company in a research report on Thursday, February 8th. Credit Suisse Group boosted their target price on shares of FleetCor Technologies from $209.00 to $211.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Deutsche Bank boosted their target price on shares of FleetCor Technologies from $185.00 to $225.00 and gave the stock a “buy” rating in a research report on Tuesday, December 5th. SunTrust Banks set a $240.00 target price on shares of FleetCor Technologies and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, Morgan Stanley boosted their target price on shares of FleetCor Technologies from $194.00 to $232.00 and gave the stock an “overweight” rating in a research report on Thursday, January 25th. Three analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $209.21.
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About FleetCor Technologies
FleetCor Technologies, Inc is a provider of workforce payment products. The Company offers fuel card payments product solutions, corporate payments products, toll products, lodging cards and gift cards. The Company operates through two segments: North America and International. Its products are sold to businesses, retailers, oil companies and marketers and government entities.
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