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FleetCor Technologies (FLT) in Focus: Stock Moves 6.5% Higher

Zacks Equity Research
Updated

FleetCor Technologies, Inc. FLT was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $199.35 to $207.66 in the past one month time frame.

The stock gained after the company replaced Time Warner and became the newest member of S&P 500.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

FleetCor Technologies currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

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FleetCor Technologies, Inc. Price

FleetCor Technologies, Inc. Price | FleetCor Technologies, Inc. Quote

Investors interested in the Financial Transaction Services industry may consider Mastercard Incorporated MA, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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