Media stories about Fleetcor (NYSE:FLT) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Fleetcor earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.635914212593 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
Shares of Fleetcor stock traded up $5.74 on Tuesday, hitting $208.57. The stock had a trading volume of 310,617 shares, compared to its average volume of 523,962. Fleetcor has a 52-week low of $121.52 and a 52-week high of $213.74. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market capitalization of $18,049.78, a P/E ratio of 25.99, a PEG ratio of 1.27 and a beta of 1.46.
Fleetcor (NYSE:FLT) last posted its earnings results on Thursday, February 8th. The business services provider reported $2.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.33 by $0.09. The business had revenue of $610.00 million during the quarter, compared to the consensus estimate of $605.87 million. Fleetcor had a return on equity of 21.15% and a net margin of 32.90%. The business’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.90 EPS. analysts forecast that Fleetcor will post 9.6 earnings per share for the current year.
A number of analysts have issued reports on the company. Zacks Investment Research downgraded Fleetcor from a “buy” rating to a “hold” rating in a report on Tuesday, January 30th. Morgan Stanley lifted their price target on Fleetcor from $194.00 to $232.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. SunTrust Banks set a $240.00 price target on Fleetcor and gave the stock a “buy” rating in a report on Monday, February 5th. Credit Suisse Group lifted their price target on Fleetcor from $186.00 to $206.00 and gave the stock a “neutral” rating in a report on Wednesday, January 17th. Finally, Oppenheimer lifted their price target on Fleetcor from $194.00 to $247.00 and gave the stock an “outperform” rating in a report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $209.14.
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