Midtown Partners started coverage on shares of FleetMatics Group PLC (NASDAQ:FLTX) in a research report released on Tuesday morning, Analyst Ratings News reports. The firm issued a neutral rating on the stock.
FleetMatics Group PLC (NASDAQ:FLTX) opened at 36.71 on Tuesday. FleetMatics Group PLC has a 52-week low of $19.20 and a 52-week high of $52.28. The stock has a 50-day moving average of $35.9 and a 200-day moving average of $36.66. The company has a market cap of $1.353 billion and a price-to-earnings ratio of 67.73.
FleetMatics Group PLC (NASDAQ:FLTX) last released its earnings data on Wednesday, November 6th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.03. The company had revenue of $46.30 million for the quarter, compared to the consensus estimate of $44.55 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 39.5% on a year-over-year basis. On average, analysts predict that FleetMatics Group PLC will post $0.85 earnings per share for the current fiscal year.
Separately, analysts at RBC Capital reiterated an outperform rating on shares of FleetMatics Group PLC in a research note to investors on Monday, September 23rd. They now have a $45.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of $45.00.
Fleetmatics Group PLC (NASDAQ:FLTX) is a provider of fleet management solutions delivered as software-as-a-service (SaaS).
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