Why I Like FleetCor Technologies Inc (NYSE:FLT)

I’ve been keeping an eye on FleetCor Technologies Inc (NYSE:FLT) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe FLT has a lot to offer. Basically, it has a a strong history of performance as well as a buoyant growth outlook going forward. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on FleetCor Technologies here.

Outstanding track record with reasonable growth potential

FLT is expected to churn out cash in the short term, with its operating cash flow predicted to expand by 67%. This underlies the notable 24% return on equity over the next few years leading up to 2021. Over the past year, FLT has grown its earnings by 43%, with its most recent figure exceeding its annual average over the past five years. The strong earnings growth is reflected in impressive double-digit 22% return to shareholders, which is an notable feat for the company.

NYSE:FLT Future Profit November 20th 18

Next Steps:

For FleetCor Technologies, there are three key factors you should further research:

1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.

2. Valuation: What is FLT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether FLT is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of FLT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.