I had hopes for this one, but it seems the 1YPEG was no good. If someone could check my numbers from annual report, I would appreciate it. This is my first try and not sure I got them right. See would-be write up below.
I have been watching this a while and traded it briefly on a breakout, but with the huge sell off by the market, I think it is worth a 1YPEG look. Very strong growth numbers as shown at a meta-level by IBD:
Composite Rating 98 Pass
EPS Rating 99 Pass
RS Rating 92 Pass
Group RS Rating A+ Pass
SMR Rating A Pass
Acc/Dis Rating D- Fail
(Lots of distribution of recently. Bad if you are an intermediate term grown investor, good if you are us)
It is ranked 3rd in its group and its group ranked 12th. CRM is #1 in the group of Computer Software-Enterprse.
http://finviz.com/quote.ashx?t=FLTX Finviz says:
Fleetmatics Group PLC provides software-as-a-service fleet management solutions for small and medium-sized businesses (SMBs) worldwide. The company offers Web-based and mobile application solutions that provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce.
This is a stock that’s up over 50% YTD. As the market volatility has arrived, shares reversed at their 52-week high above $62 and are coming down to retest the $50 level. This stock was a favorite of hedge funds so the selloff can be chalked up to profit taking rather than anything more sinister. The long term trend line still is intact just south of the current share price.
Way better (Earnings) than XPO, in fact, XPO should buy FLTX. I like the concept of software-as-a-service, meets the razor blade test of ongoing subscriptions. The more a company knows about its fleet, the better it can manage it and save, so this has growth potential.
Investor Relations page for annual/Q reports:
Annual report shows a nice growth in vehicles under subscription which should correlate with revenues.
Revenue Growth March June Sept Dec Year Q1 Q2 Q3 Q4 Year % change 2013 38.42 42.53 46.31 50.09 177.35 2014 51.90 55.27 60.42 64.00 231.581 31% 2015 65.47 68.59 73.47 77.07 284.6 23% Q4 is est from Yahoo. EPS Growth (Non-Gaap) March June Sept Dec Year Q1 Q2 Q3 Q4 Year % change 2013 0.08 0.16 0.15 0.43 0.82 2014 0.09 0.08 0.21 0.33 0.71 -13% 2015 0.3 0.14 0.22 0.39 1.05 48% *per diluted share **Q4 est from Yahoo. *** 2013Q4 and 2014Q4 had to be derived from annual as they were not broken out. Is this typical? Year Revs YoY % 2010 64.7 2011 92.317 43% 2012 127.451 38% 2013 177.35 39% 2014 231.581 31% 2015 $284.60 23% est *Growth is slowing, but still pretty darn good. 8 Q of EPS (veiw 1) Q EPS Yearly Growth Q-8 $0.43 Q-7 $0.09 Q-6 $0.08 Q-5 $0.21 $0.81 Q-4 $0.33 Q-3 $0.30 Q-2 $0.14 Q-1 $0.22 $0.99 22% Next Q $0.39 Trailing Earnings Last Year Trailing Earnings This Year Q-8 Q-7 Q-6 Q-5 Q-4 Q-3 Q-2 Q-1 Next Q $0.82 $0.83 $0.75 $0.81 $0.71 $0.92 $0.98 $0.99 $1.05 TTME Last Year $0.81 TTME This Year $0.99 YoY EPS 22% Price $50.26 TTM PE 50.77 **1YPEG 2.28** So a big fail here. $218 TTM Rev ($M) Last Year $272 TTM Rev ($M) This Year 25% YoY Rev Growth 1940 Market Cap ($M) 7.1 Price/TTMS In this case the P/TTMS matches FinViz
IF these numbers are correct I can put them in the Spreadsheets for future reference.