How to Buy Fleetcor Technologies Stock
Fleetcor Technologies Inc
Fleetcor Technologies is a information technology service company located in Georgia, United States, which is part of the Technology sector, and is traded under the ticker FLT on the NYSE exchange.
Fleetcor Technologies stock last closed at $199.08, up 6.35% from the previous day, and has decreased 17.48% in one year. It has underperformed other stocks in the Information Technology Services industry by 0 percentage points. Fleetcor Technologies stock is currently +23.12% from its 52-week low of $161.69, and -24.96% from its 52-week high of $265.30.
At the moment, there are 73.49M FLT shares outstanding. The market cap of FLT is $14.63B. In the past 24 hours, 1.5M FLT shares were traded.
How to Buy Fleetcor Technologies Stock
Wondering how to invest in Fleetcor Technologies stock? Here's how.
- Figure out where to buy Fleetcor Technologies stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Fleetcor Technologies stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your information.
- Research Fleetcor Technologies stock: The Fleetcor Technologies ticker symbol is FLT. Is Fleetcor Technologies stock a good investment? Should you buy shares of FLT? How do FLT's underlying business fundamentals look? Do top analysts think Fleetcor Technologies is a good buy? Why has FLT's stock price moved recently? (Hint: Our stock research tools can help you understand if FLT is a good stock to buy).
- Execute your FLT trade: Decide if you will purchase FLT shares at the current market price or use a limit order to buy FLT stock at a given price.
- Track your investment in FLT: Create a watchlist to keep tabs on your position in Fleetcor Technologies stock.
Step 1: Figure out where to buy Fleetcor Technologies stock
You need an online brokerage account in order to access the NYSE market and buy FLT stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in FLT today.
How to Start a New Account on eToro
- Click here to get started.
- Input your personal details to open a new trading account.
- Send your data by clicking the "Create Account" button.
Step 3: Fund your investment account
Now that you have finished signing up on the best stock market app for beginners, you can securely and quickly fund your account:
Watch the video below if you need help transferring money into your investment account.
Step 4: Research Fleetcor Technologies stock
Once you have decided on the best place to buy Fleetcor Technologies stock, it's very important to analyze their stock prior to buying, so you truly understand the risk and upside.
Fleetcor Technologies quick stats
FLT Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FLT's stock page.
How is FLT stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FLT's true value.
Using relative valuations ratios:
- FLT could be undervalued based on its P/E ratio of 15.77x, relative to Information Technology Services industry P/E ratio of 27.69x
- FLT may be overvalued based on its P/B ratio of 5.76x, relative to Information Technology Services industry P/B ratio of 3.51x
- FLT could be undervalued based on its PEG ratio of 0.59x
You can do additional valuation research on FLT's stock here.
FLT Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the FLT balance sheet.
- There are more short-term assets than short-term liabilities on the FLT balance sheet.
- FLT earnings of $1.44B is not sufficient to cover its interest payments.
Cons:
- Total FLT debt is higher than 5 years ago, relative to shareholder equity.
- FLT profit margin has gone down from 29.6% to 27.8% in the past year.
- FLT's operating cash flow of $754.80M allows it to safely service it's debt of $7.04B.
- FLT has a relatively high debt to equity ratio of 4.54.
Is FLT stock a Buy, Hold, or Sell, according to analysts?
Out of 11 Equities analysts who research FLT, the consensus analyst rating on Fleetcor Technologies is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest FLT Analyst Upgrades/Downgrades
Ramsey El-Assal, a bottom 1% analyst from Barclays maintains FLT with a strong buy rating and raises their FLT price target from $235.00 to $245.00, on Feb 13, 2023.
Nik Cremo, a bottom 9% analyst from Credit Suisse maintains FLT with a hold rating and raises their FLT price target from $220.00 to $230.00, on Feb 10, 2023.
David Koning, a top 15% analyst from Baird upgrades FLT to a buy rating and raises their FLT price target from $235.00 to $254.00, on Feb 10, 2023.
Daniel Perlin, a bottom 3% analyst from RBC Capital maintains FLT with a hold rating and raises their FLT price target from $226.00 to $240.00, on Feb 9, 2023.
Jeff Cantwell, a bottom 11% analyst from Wells Fargo maintains FLT with a strong buy rating and raises their FLT price target from $225.00 to $240.00, on Feb 9, 2023.
You can dig deeper into what analysts are saying on the Fleetcor Technologies stock forecast page.
FLT Technical Indicators
FLT Performance Metrics
Last year, FLT earnings were $954.33M. Over the last five year, FLT's earnings have increased by 9.22% per year. This was slower than the Information Technology Services industry average of 12.61%.
Last year, FLT revenue was $3.43B. During the last five year, FLT's revenue has grown by 8.78% per year. This was slower than the Information Technology Services industry average of 11.04%.
You can research FLT's earnings and revenue performance here.
Are FLT insiders buying or selling the stock?
In the last year, insiders at FLT have bought more shares than they have sold.
Alan King, Group President Global Fleet of FLT, was the latest FLT insider to sell. They sold $136,905.02 worth of FLT stock on Jan 25, 2023.
Learn more about who owns FLT shares here.
Does FLT stock generate passive income?
No, Fleetcor Technologies doesn't provide an income stream by paying out dividends.
What others are saying about FLT
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your FLT trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place your order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Track your investment in FLT
Now that you own some FLT shares, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track your FLT stock.
FLT Feed
How to Buy Stock in Fleetcor Technologies
To summarize, here are the 6 steps for buying Fleetcor Technologies stock:
- Figure out where to buy Fleetcor Technologies stock
- Open your brokerage account
- Fund your investment account
- Research Fleetcor Technologies stock
- Execute your FLT trade
- Track your investment in FLT
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Fleetcor Technologies, click below.
More "How To" Guides You May Like
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.