FleetCor Technologies, Inc. (NYSE:FLT) To Table First Quarter 2014 Results


Dallas, Texas 04/30/2014 (FINANCIALSTRENDS) – FleetCor Technologies, Inc.(NYSE:FLT) has confirmed that it will announce the financial status-card of the company for the first quarter of 2014. The compaDny which has been a key provider of digital payment cards, such as fuel cards for business to issues to their workforce against payment products has had a mixed quarter this year.

The company has spread its services across Latin America as well as Europe and works closely with commercial fleets and oil companies besides petroleum marketers as well as government entities located in North America and other parts of the globe where the company has a compelling presence.

Customized cards

The winning factor for such companies has been the customized payment solutions for both partners as well as customers. The products the company provides includes the food as well as products services along with purchasing fuel or lodgings or any of the other services and products with companies which have tied with this company for such services.

FleetCor Technologies, Inc.(NYSE:FLT) has a market capital of $9.28 billion. The profit to earnings ratio is 33.28 and Earnings Per Share of 3.36. Outstanding shares for this stock are in the region of 82.94 million. Beta for this share is 1.22.

FleetCorhas optimized the technologies it will offer through Epyx as well as NexTraq services. FleetCor has also received ‘buy’ rating by Citigroup Inc in the past few weeks, even as the company saw Insider Selling of 5084 shares of stock, by the COO, in the middle of the second week of April.

FleetCor Technologies, Inc.(NYSE:FLT) at the previous trading session had opened its stock at $109.18 per share. It trades on an infra-day trading high of $112.49 as against a low of $108.28.

FleetCor Technologies also has a trading over the 52 week period for prices ranging between $74.67 low and $132.22 high.

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