Friday, January 13, 2017

Dividend Stock Buzz: FleetCor Technologies, Inc. (NYSE:FLT)

FleetCor Technologies, Inc. (NYSE:FLT) share price jumped at US$ 149.37 before falling back to end the trade at US$ 148.99 a share. The dividend stock is -15.55% off a 52-week high stock price of US$ 176.42 but is up 38.52% since hitting the US$ 107.56. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 34.59.

After a 0.33% rise from previous close of US$ 148.5, FleetCor Technologies, Inc. (FLT) has a US$ 13.74 Billion market cap. The company pays a US$ 0-cent-per-share quarterly dividend, giving it a 0% yield. That brings its full year payout to US$ 0.

The FLT has soared 5.28% year-to-date. The equity has slowed down in recent weeks, with shares lower about -13.36% in the past three months. It added 1.03%, climbed -1.26% and jumped -1.88% in the week, one month and six months, respectively. Revenue growth rate was recorded at 31.5% and net income per share was seen moving at a 23.6% rate in the past five years.

FleetCor Technologies, Inc. (NYSE:FLT) is over 22% above analysts’ consensus price target of US$ 184.77. The stock has blown through analysts’ low price target of US$ 146, but is still below the high US$ 202 target. On a price appreciation basis over the past 12 months, the stock returned 26.63%.

The most recent short interest data show 2.64% of the company’s stock are short sold. It would take about 2.33 days to cover all short positions. In terms of volatility, it has a beta coefficient of 1.23 and technical analysis volatility indicator called Average True Range or ATR around 2.79.

FleetCor Technologies, Inc. (NYSE:FLT) closed -3.81% below its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 0.04% above another chart threshold, its 50-day moving average and 2.23% above its 20-day simple moving average.

Dividend Stock Buzz: FleetCor Technologies, Inc. (NYSE:FLT)

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