What do the fundamentals predict for FleetCor Technologies, Inc. (FLT) stocks?
Investors Observer gives FleetCor Technologies, Inc. (FLT) a strong evaluation score of 77 based on its analysis. The proprietary rating system takes into account the underlying health of a company by analyzing its stock price, earnings and rate of growth. FLT currently holds a better value than 77% of the shares based on these metrics. Long-term buy and hold investors should find the most relevant valuation ranking system when making investment decisions.
FLT’s 12-month price-to-earnings (PE) ratio of 29.4 puts it above the all-time average of around 15. FLT is a poor value at its current price because investors pay more than what. it is worth relative to the company’s profits. . FLT’s last 12 month earnings per share (EPS) of 9.08 does not justify what it is currently trading in the market. However, follower PE ratios do not take into account a company’s projected growth rate, resulting in some companies having high PE ratios due to high growth potentially attractive to investors even though current earnings are weak. FLT’s 12-month PEG to growth ratio (PEG) of 1.44 is considered mediocre value because the market overstates FLT relative to the company’s expected earnings growth. FLT’s PEG is derived from its forward price / earnings ratio divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and the stock price. Due to their integration of more fundamentals of the overall health of a company and their focus on the future rather than the past, PEG ratios are one of the most widely used valuation metrics by analysts today. ‘hui.
Overall, these valuation metrics paint a pretty poor picture for FLT at its current price due to an overvalued PEG ratio despite strong growth. The PE and PEG for FLT are below the market average, resulting in a valuation score of 77. Click here for the full report on FleetCor Technologies, Inc. (FLT).