FLEETCOR Technologies, Inc. – Consensus ‘buy’ rating and 21.4% Upside Potential

Broker Ratings
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FLEETCOR Technologies, Inc. with ticker code (FLT) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 326 and 244 calculating the average target price we see $293.86. Given that the stocks previous close was at $241.97 this now indicates there is a potential upside of 21.4%. It’s also worth noting that there is a 50 day moving average of $263.07 while the 200 day moving average is $232.94. The market cap for the company is 17.68B. The current share price for the company is: 239 USD

The potential market cap would be $21,466,364,317 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 19.53, revenue per share of 49.12 and a 6.47% return on assets.

Drone Delivery Canada Corp. is a Canada-based technology company. The Company is focused on designing, developing, and implementing drone-based logistics systems. The Company’s hardware/software platform is used in a managed service and software as a service (SaaS) business model for government and corporate organizations. It provides logistics solutions which includes software system (FLYTE), hardware and professional services, allowing cargo delivery process from depot to depot. The Company provides drone logistics infrastructure solution to support governments, commercial and industrial applications, and remote communities (Indigenous and non-Indigenous). Its FLYTE software is a virtual flight management software which offers real-time package tracking and delivery notifications, scheduling, a database of all shipments/waybill records, temperature monitoring logs for temperature-sensitive cargo, and maintenance logs of all drones including their components.

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