7.2 C
New York
Tuesday, December 5, 2023

Make Sure You Stick With Fleetcor Technologies Inc (FLT). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Fleetcor Technologies Inc (FLT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.26, or -0.11%, to $236.40. The Fleetcor Technologies Inc has recorded 15,682 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Corpay Cross-Border Launches Risk Visualizer, Transforming FX Risk Management.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

Fleetcor Technologies Inc is listed on the NYSE in the Technology sector while operating in the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $236.66 and fluctuated between $236.95 as its day high and $230.82 as its day low. The current market capitalization of Fleetcor Technologies Inc is $17.50B. A total of 0.53 million shares were traded on the day, compared to an average of 448.84K shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, FLT has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 1,891 shares. Over the last 12 months, there were 17 BUYs and 15 SELLs from insiders. Insiders purchased 38,182 shares during that period but sold 9,585.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for FLT in the last 3 months, the mean price target is $292.30 with high estimates of $326.00 and low estimates of $244.00. In terms of 52-week highs and lows, FLT has a high of $278.35 and a low of $171.45.

As of this writing, FLT has an earnings estimate of $4.51 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $4.57 per share and a lower estimate of $4.44. The company reported an EPS of $3.8 in the last quarter, which was 3.00% higher than expectations of $3.69.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. FLT’s latest balance sheet shows that the firm has $1.52B in Cash & Short Term Investments as of fiscal 2021. There were $5.98B in debt and $5.25B in liabilities at the time. Its Book Value Per Share was $44.13, while its Total Shareholder’s Equity was $2.87B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLT is Buy with a score of 4.21.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles