Corpay (NYSE:CPAY – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 20.860-21.260 for the period, compared to the consensus EPS estimate of 20.650. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.4 billion. Corpay also updated its Q3 2025 guidance to 5.500-5.700 EPS.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on CPAY. Morgan Stanley dropped their price objective on Corpay from $360.00 to $356.00 and set an “equal weight” rating for the company in a report on Monday, August 11th. Robert W. Baird set a $440.00 price objective on Corpay in a report on Tuesday, June 10th. UBS Group decreased their target price on Corpay from $365.00 to $340.00 and set a “neutral” rating for the company in a report on Thursday, August 7th. Raymond James Financial set a $392.00 price target on shares of Corpay and gave the company an “outperform” rating in a report on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Corpay in a research report on Thursday, July 17th. They set a “buy” rating and a $390.00 price target on the stock. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $399.43.
Get Our Latest Stock Report on CPAY
Corpay Trading Up 1.8%
Corpay (NYSE:CPAY – Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $5.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.02. Corpay had a return on equity of 39.13% and a net margin of 25.17%.The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the company posted $4.55 EPS. Corpay’s quarterly revenue was up 12.9% on a year-over-year basis. As a group, sell-side analysts predict that Corpay will post 19.76 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Corpay
A number of institutional investors have recently modified their holdings of CPAY. Orbis Allan Gray Ltd lifted its stake in Corpay by 3.3% during the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after purchasing an additional 124,368 shares during the last quarter. Tidal Investments LLC increased its holdings in shares of Corpay by 1,237.5% in the second quarter. Tidal Investments LLC now owns 68,482 shares of the company’s stock valued at $22,724,000 after buying an additional 63,362 shares in the last quarter. Meridiem Capital Partners LP increased its holdings in shares of Corpay by 229.3% in the second quarter. Meridiem Capital Partners LP now owns 88,466 shares of the company’s stock valued at $29,355,000 after buying an additional 61,598 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Corpay by 40.6% during the 2nd quarter. Alliancebernstein L.P. now owns 184,545 shares of the company’s stock valued at $61,236,000 after acquiring an additional 53,316 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Corpay by 8.3% during the 2nd quarter. Bank of America Corp DE now owns 349,318 shares of the company’s stock worth $115,911,000 after acquiring an additional 26,688 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.
Corpay Company Profile
Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.
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