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Last $154.92 USD
Change Today -1.12 / -0.72%
Volume 128.2K
FLT On Other Exchanges
Symbol
Exchange
New York
As of 11:54 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

fleetcor technologies inc (FLT) Snapshot

Open
$154.62
Previous Close
$156.04
Day High
$156.35
Day Low
$153.77
52 Week High
04/27/15 - $165.67
52 Week Low
10/13/14 - $121.42
Market Cap
14.2B
Average Volume 10 Days
477.0K
EPS TTM
$4.26
Shares Outstanding
91.8M
EX-Date
--
P/E TM
36.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for FLEETCOR TECHNOLOGIES INC (FLT)

fleetcor technologies inc (FLT) Related Businessweek News

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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, retailers, 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.

4,780 Employees
Last Reported Date: 03/2/15
Founded in 1986

fleetcor technologies inc (FLT) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.2M
Chief Financial Officer and Secretary
Total Annual Compensation: $353.1K
President of Brazil
Total Annual Compensation: $389.5K
President of North America Fuel Cards
Total Annual Compensation: $383.1K
Global Chief Information Officer
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2014.

fleetcor technologies inc (FLT) Key Developments

FleetCor Technologies, Inc. Signs Contract with Uber to Provide the Partner Fuel Card

FleetCor Technologies, Inc. announced the signing of a contract with Uber to provide the Partner Fuel Card, a universal card program for Uber’s US driver partners. Under the program, eligible Uber drivers will be able to make fuel purchases that will automatically be deducted from their weekly earnings. In addition, to having the convenience of making purchases at any fueling locations where MasterCard is accepted, partners will also enjoy cents off discounts at every station along with additional discounts at participating Exxon Mobil locations.

FleetCor Technologies, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 08:00 AM

FleetCor Technologies, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 08:00 AM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States. Speakers: Eric R. Dey, Chief Financial Officer and Secretary.

FleetCor Technologies, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Revised Earnings Guidance for Fiscal 2015; Provides Earnings Guidance for the Second Quarter of 2015

FleetCor Technologies, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Total revenues increased 64% to $416.2 million compared to $253.9 million in the first quarter of 2014. operating income was $163.8 million against $114.1 million last year. Income before income taxes was $139.6 million against $108.1 million last year. The company reported GAAP net income of $94.2 million or $1.00 per diluted share in the first quarter of 2015 compared to GAAP net income of $75.1 million or $0.88 per diluted share in the first quarter of 2014. Net cash provided by operating activities was $67.4 million against $51.5 million last year. Purchases of property and equipment were $8.1 million against $5.6 million last year. Total adjusted revenues were $388.8 million against $236.3 million last year. Adjusted net income increased 41% to $135.9 million compared to $96.1 million in the first quarter of 2014. Adjusted net income per diluted share increased 29% to $1.45 compared to $1.12 in the first quarter of 2014. For fiscal 2015, the company expects total revenues guidance between $1,600 million and $1,650 million, no change from the prior guidance; the company expects adjusted net income between $565 million and $585 million, up from the previous guidance range of between $560 million and $580 million; the company expects adjusted net income per diluted share between $6.00 and $6.20, up from the previous guidance range of between $5.95 and $6.15. The company expects full year tax rate of 31.8% against 32.1% in previous guidance. On a constant currency, fuel price and market spread basis, 2015 guidance would be approximately $7 in adjusted net income per diluted share from a growth rate of approximately 36% over the $5.15 adjusted net income per diluted share reported in 2014. For the second quarter, the company expects adjusted net income per diluted share to be approximately the same as the first quarter. The company expects second quarter adjusted net income per diluted share to be between $1.44 and $1.46. Some of the items that are impacting the second quarter compared to the first quarter include the following: owning the SVS business for the entire second quarter. However, SVS has some seasonality, and the company expects SVS to contribute approximately $0.04 less in adjusted net income per diluted share in the second quarter versus the first quarter. The company expects FX rates to be unfavorable in the second quarter against the first quarter and have an unfavorable impact of approximately $0.02 in adjusted net income per diluted share against the first quarter, and spread should be at more normal levels and have less of an impact on revenue in the second quarter against the first quarter.

 

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Industry Analysis

FLT

Industry Average

Valuation FLT Industry Range
Price/Earnings 35.8x
Price/Sales 10.5x
Price/Book 5.2x
Price/Cash Flow 27.3x
TEV/Sales 7.7x
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