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FLTX $60

FLTX target price
60.00
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0
Fleetmatics Group PLC
Type
Subsidiary
Industry SaaS fleet Management
Founded 2004
Headquarters Dublin, Ireland
(Global HQ)
Waltham, Massachusetts
(United States HQ)
Owner Verizon
Number of employees
1000+ (as of 2016)
Subsidiaries SageQuest
Visirun
Inosat Global
TrackEasy
Website fleetmatics.com

Fleetmatics is a public limited company providing software-as-a-service fleet management. Based in Dublin, Ireland it offers both web-based and mobile application solutions that provide fleet operators with information on vehicle location, speed, mileage, fuel usage.

Fleetmatics Group PLC, founded in 2004, is a provider of fleet management solutions delivered as software-as-a-service. In 2010 FleetMatics acquired US software company SageQuest LLC which provides GPS vehicle management solutions for utility, cable and broadband companies throughout North America. In 2016 FleetMatics expanded it Southern Europe presence through the acquisition of Inosat Global

Verizon announced its intention to buy Fleetmatics for $2.4 billion in cash on August 1, 2016.In October 2017, Fleetmatics registered Electronic Logging Device (ELD) for Android with the Federal Motor Carrier Safety Administration (FMCSA).

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-29 Initiated Coverage Morgan Stanley Overweight $52.00
2016-06-28 Initiated Coverage Robert W. Baird Outperform $52.00
2016-05-25 Upgrade Pacific Crest Sector Weight to Overweight $54.00
2016-05-05 Lower Price Target Barclays Overweight $49.00 to $46.00
2016-05-05 Lower Price Target RBC Capital Outperform $46.00 to $42.00
2016-05-05 Lower Price Target Stifel Nicolaus Buy $63.00 to $55.00
2016-05-05 Lower Price Target Barclays PLC Overweight $49.00 to $46.00
2016-05-05 Lower Price Target Royal Bank Of Canada Outperform $46.00 to $42.00
2016-04-11 Downgrade Macquarie Outperform to Neutral $60.00 to $41.00
2016-02-26 Upgrade Imperial Capital In-Line to Outperform $60.00 to $50.00
2016-02-25 Downgrade Aegis Buy to Hold
2016-02-25 Boost Price Target Avondale Partners Market Perform $48.00 to $50.00
2016-02-25 Lower Price Target Barclays Overweight $58.00 to $49.00
2016-02-25 Lower Price Target RBC Capital Outperform $62.00 to $56.00
2016-02-23 Initiated Coverage Raymond James Outperform
2016-02-23 Initiated Coverage Raymond James Financial Inc. Outperform
2016-02-18 Lower Price Target Citigroup Inc. $65.00 to $50.00
2016-02-09 Initiated Coverage Avondale Partners Market Perform $48.00
2015-12-20 Reiterated Rating Piper Jaffray Buy
2015-12-20 Reiterated Rating Piper Jaffray Cos. Buy
2015-12-14 Reiterated Rating Piper Jaffray Buy $68.00
2015-11-06 Boost Price Target Imperial Capital In-Line $52.00 to $60.00
2015-11-04 Boost Price Target Stifel Nicolaus Buy $57.00 to $63.00
2015-11-04 Boost Price Target Barclays Overweight $60.00 to $62.00
2015-11-02 Boost Price Target RBC Capital Outperform $52.00 to $62.00
2015-10-30 Initiated Coverage Citigroup Inc. Buy $65.00
2015-10-09 Boost Price Target Barclays $55.00 to $60.00
2015-10-05 Reiterated Rating Piper Jaffray Overweight $60.00
2015-08-19 Initiated Coverage Imperial Capital In to In-Line $52.00
2015-08-07 Boost Price Target Barclays Overweight $51.00 to $55.00
2015-08-05 Boost Price Target RBC Capital Outperform $48.00 to $52.00
2015-07-18 Boost Price Target Barclays Overweight $47.00 to $51.00
2015-06-03 Initiated Coverage Tigress Financial Buy
2015-05-22 Boost Price Target Stifel Nicolaus Buy $44.00 to $47.00
2015-05-10 Reiterated Rating RBC Capital Outperform $45.00 to $48.00
2015-04-27 Boost Price Target Macquarie Outperform $46.00 to $52.00
2015-04-17 Upgrade Piper Jaffray Neutral to Overweight $41.00 to $57.00
2015-04-09 Downgrade Bank of America Neutral to Underperform $41.00
2015-04-09 Downgrade Bank of America Corp. Neutral to Underperform $41.00
2015-03-23 Initiated Coverage Aegis Buy $50.00
2015-02-25 Downgrade Piper Jaffray Overweight to Neutral $41.00
2015-02-20 Initiated Coverage Macquarie Outperform $45.00
2015-02-18 Downgrade Pacific Crest Outperform to Sector Perform $45.00
2014-12-05 Boost Price Target Barclays Overweight $40.00 to $47.00
2014-11-13 Downgrade Bank of America Buy to Neutral $40.00
2014-10-30 Reiterated Stifel Buy $40 to $44
2014-10-30 Reiterated Rating Stifel Nicolaus Buy $40.00 to $44.00
2014-08-07 Boost Price Target Barclays Overweight $39.00 to $40.00
2014-07-16 Initiated Coverage Piper Jaffray Overweight $39.00
2014-05-23 Reiterated Rating Barclays Overweight $48.00 to $39.00
2014-05-14 Reiterated Rating Stifel Nicolaus $40.00
2014-05-01 Reiterated Rating Stifel Nicolaus Buy $40.00
2014-02-21 Lower Price Target FBR & Co. Outperform $50.00 to $42.00
2014-01-14 Initiated Coverage First Analysis Overweight $40.16
2013-12-19 Initiated Coverage FBR & Co. Outperform
2013-12-03 Initiated Coverage Midtown Partners Neutral
2013-09-23 Reiterated Rating RBC Capital Outperform $45.00
2016-06-29 Initiated Coverage Morgan Stanley Overweight $52.00
2016-06-28 Initiated Coverage Robert W. Baird Outperform $52.00
2016-05-25 Upgrade Pacific Crest Sector Weight to Overweight $54.00
2016-05-05 Lower Price Target Barclays Overweight $49.00 to $46.00
2016-05-05 Lower Price Target RBC Capital Outperform $46.00 to $42.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks