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FleetCor Technologies (FLT) in Focus: Stock Moves 11% Higher
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FleetCor Technologies, Inc. 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
Is FLT going up? Or down? Predict to see what others think: Up or Down.
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FleetCor Technologies (FLT) in Focus: Stock Moves 11% Higher
FleetCor Technologies, Inc. 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
A better-ranked stock in the Business Services sector is Mastercard Incorporated (MA - Free Report) , 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.
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>