FleetCor Technologies (NYSE:FLT) Surges to Yearly High after Quarterly Results – FLT, WXS, MA, CASS

FleetCor Technologies, Inc (NYSE:FLT) announced that fiscal Q4 adjusted EPS was $0.82, high from $0.56 in the similar period previous year. The median forecast was for earnings of $0.75 per share.

Adjusted EPS for fiscal year 2013 is projected to be in the range of $3.61 to $3.69, evaluated against the median forecast of $3.40.

FleetCor Technologies tops forecasts on revenues and outshine estimates on earnings per share for the period finished Dec 31.

The company recorded revenue of $202.6 million. The 5 analysts’ survey by S&P Capital IQ forecasted for a top line of $178.9 million on the same basis.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. WEX Inc (NYSE:WXS) rose +0.23% to settle at $74.26, Mastercard Inc (NYSE:MA) moved up +0.95% to end at $524.47 while Cass Information Systems (NASDAQ:CASS) jumped +0.43% to finish at $40.02 on Friday.

FleetCor Technologies, Inc. (NYSE:FLT) last session’s volume of 3.41 million shares was surprisingly higher than its average volume of 624,840 million shares. The stock after opening at $64.07 hit high price of $68.23 and then closed at $66.01 by scoring +10.85%.

The liquidity measure in recent quarter results of the company was recorded 1.05 as current ratio and on the other side the debt to equity ratio was 0.71 and long-term debt to equity ratio remained at 0.53. The Company had total cash of $283.65 million at hand and a book value per share as $11.28 in the most recent quarter.

The stock’s price volatility was 2.36% for a week and 1.81% for a month as well as price volatility’s Average True Range for 14 days was 1.46.

FLT generated revenue of $707.53 million in the previous twelve months and earned $216.20 million. The Company showed a positive 30.56% in the net profit margin as well as in its operating margin which remained at 45.92%. Company’s annual sales growth for the past five years was 21.79%.

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