Last $149.18 USD
Change Today +0.01 / 0.01%
Volume 197.4K
FLT On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

fleetcor technologies inc (FLT) Snapshot

Open
$149.34
Previous Close
$149.17
Day High
$150.21
Day Low
$148.81
52 Week High
11/21/14 - $160.40
52 Week Low
01/27/14 - $101.48
Market Cap
12.5B
Average Volume 10 Days
840.0K
EPS TTM
$3.82
Shares Outstanding
83.8M
EX-Date
--
P/E TM
39.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for FLEETCOR TECHNOLOGIES INC (FLT)

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fleetcor technologies inc (FLT) Details

FleetCor Technologies, Inc. provides fuel cards and workforce payment products and services in North America, Latin America, Europe, Australia, and New Zealand. It sells a range of customized fleet and lodging payment programs; and offers card products to purchase fuel, lodging, food, toll, transportation, and related products and services at participating locations. The company also offers telematics solution that allows fleet operators to monitor the capacity utilization and movement of vehicles and drivers; vehicle maintenance services; prepaid fuel and food vouchers, and cards to small, medium, and large businesses; and workforce payment product related to public transportation and toll vouchers. In addition, it provides proprietary equipment that reduces unauthorized and fraudulent transactions to over-the-road trucking fleets, shipping fleets, and other operators of heavily industrialized equipment, including sea-going vessels, mining equipment, agricultural equipment, and locomotives. Further, the company owns and operates proprietary closed-loop networks, such as fleet card, lodging, fueling location, fleet management telematics, fuel and food card and voucher, fuel control, maintenance and repair, toll, and distribution networks through which it electronically connects to merchants, and captures, analyzes, and reports customized information. Additionally, it uses third-party networks to deliver its payment programs and services; and provides a range of services, such as issuing and processing, as well as specialized information services. The company sells its products and services directly to businesses, commercial fleets, oil companies, petroleum marketers, and government entities. It has strategic relationships with oil companies, leasing companies, and petroleum marketers. FleetCor Technologies, Inc. was founded in 1986 and is headquartered in Norcross, Georgia.

3,500 Employees
Last Reported Date: 03/3/14
Founded in 1986

fleetcor technologies inc (FLT) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.0M
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $333.7K
President of North American Partner Business
Total Annual Compensation: $368.8K
President of North America Fuel Cards
Total Annual Compensation: $350.5K
President of International Corporate Developm...
Total Annual Compensation: $375.7K
Compensation as of Fiscal Year 2013.

fleetcor technologies inc (FLT) Key Developments

FleetCor Technologies Mulls Acquisitions

FleetCor Technologies, Inc. (NYSE:FLT) is looking for acquisition opportunities.

FleetCor Technologies, Inc. Presents at Citigroup Financial Technology Conference 2014, Nov-19-2014 11:00 AM

FleetCor Technologies, Inc. Presents at Citigroup Financial Technology Conference 2014, Nov-19-2014 11:00 AM. Venue: Grand Hyatt, New York, New York, United States. Speakers: Eric R. Dey, Chief Financial Officer, Chief Accounting Officer and Secretary.

FleetCor Technologies, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Raises Earnings Guidance for the Year 2014; Provides Adjusted Net Income Guidance for the Fourth Quarter of 2014

FleetCor Technologies, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net revenues of $295,283,000 compared to $225,150,000 a year ago. Operating income was $144,207,000 compared to $111,255,000 a year ago. Income before income taxes were $136,554,000 compared to $107,655,000 a year ago. Net income was $95,509,000 compared to $78,620,000 a year ago. Diluted earnings per share were $1.11 compared to $0.93 a year ago. Adjusted net income was $117,625,000 compared to $91,359,000 a year ago. Adjusted net income per diluted share was $1.37 compared to $1.08 a year ago. Capital expenditures were $6,727,000 against $5,240,000 a year ago. For the nine months, the company reported net revenues of $822,693,000 compared to $639,670,000 a year ago. Operating income was $392,827,000 compared to $314,582,000 a year ago. Income before income taxes were $372,640,000 compared to $303,492,000 a year ago. Net income was $259,167,000 compared to $216,381,000 a year ago. Diluted earnings per share were $3.02 compared to $2.56 a year ago. Purchases of property and equipment were $18,279,000 against $15,348,000 a year ago. Net cash provided by operating activities was $317,492,000 compared to $208,011,000 a year ago. Adjusted net income was $322,617,000 compared to $250,600,000 a year ago. Adjusted net income per diluted share was $3.77 compared to $2.97 a year ago. Capital expenditures were $74,561,000 against $48,579,000 a year ago. For the fiscal year 2014, the company raised financial guidance. Total revenues between $1,100 million and $1,110 million, up from the previous guidance range of $1,082 million and $1,097 million; Adjusted net income between $434 million and $440 million, up from the previous guidance range of $432 million and $438 million; Adjusted net income per diluted share between $5.07 and $5.11, up from the previous guidance range of $5.04 and $5.10. The company expects full year tax rate of 30.4%, excludes any year-end adjusting entries. As the company enters the fourth quarter of 2014, the company has headwinds in foreign exchange rates that were not accounting for in the guidance given during its second quarter call. The guidance for the fourth quarter were flex foreign exchange rates at current levels, which will have an unfavorable impact in its result of approximately $0.05 per share in the fourth quarter versus its previous assumption. As a result, the company's revised guidance assumes a $1.33 in adjusted net income at the midpoint for the fourth quarter of 2014. Without this headwind, the company would've guided to around $1.38 for the quarter.

 

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FLT

Industry Average

Valuation FLT Industry Range
Price/Earnings 39.0x
Price/Sales 11.6x
Price/Book 8.0x
Price/Cash Flow 29.4x
TEV/Sales 10.1x
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