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FleetCor Technologies (FLT) in Focus: Stock Moves 11% Higher

Zacks Equity Research
Updated

FleetCor Technologies, Inc. FLT was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17% in the past one-month time frame.

The company has seen seven negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

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

FleetCor Technologies, Inc. Price and EPS Surprise

FleetCor Technologies, Inc. Price and EPS Surprise | FleetCor Technologies, Inc. Quote

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A better-ranked stock in the Business Services sector is Mastercard Incorporated MA, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is FLT going up? Or down? Predict to see what others think: Up or Down.

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FleetCor Technologies, Inc. (FLT) : Free Stock Analysis Report
 
Mastercard Incorporated (MA) : Free Stock Analysis Report
 
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