FLT

Fleetcor Technologies Inc

Finance/Real Estate


Presented:08/18/2021
Price:$258.46
Cap:$21.35B
Current Price:$342.54
Cap:$23.78B

Presented

Date08/18/2021
Price$258.46
Market Cap$21.35B
Ent Value$24.86B
P/E Ratio28.46x
Book Value$42.24
Div Yield0%
Shares O/S82.60M
Ave Daily Vol748,949
Short Int2.71%

Current

Price$342.54
Market Cap$23.78B
FLEETCOR Technologies, Inc. engages in the provision of digital payment solutions that enables businesses to control purchases and make payments. It operates through the following geographical segments: North America, International, and Brazil. The company was founded by William Boatner Reily III and Ronald F. Clarke in 1985 and is headquartered in Atlanta, GA.

Publicly traded companies mentioned herein: Bill.com Holdings Inc (BILL), FleetCor Technologies Inc (FLT)

Highlights

The presenter is long shares of Fleetcor Technologies Inc (FLT), a $22B B2B payments company with a quality core business in fuel and corporate payments and an underappreciated online payments product targeted at the large SMB market in the US. FLT’s stock currently trades at ~$260 per share, and as FLT’s core business reverts back to its normal 15%+ growth rate and it adds customers to its online payments product, he estimates FLT will generate $16 in earnings in 2022 and $19 in 2023 vs. the Street at $15 and $17.47, respectively. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.