Corpay, Inc. (NYSE:CPAY – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen brokerages that are presently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $371.2308.
CPAY has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Morgan Stanley increased their price objective on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. UBS Group increased their price objective on Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Scotiabank raised Corpay to a “sector outperform” rating in a research report on Monday, January 26th. Finally, Robert W. Baird decreased their price objective on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st.
Check Out Our Latest Analysis on CPAY
Corpay Trading Up 1.1%
Corpay (NYSE:CPAY – Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business’s revenue was up 20.7% on a year-over-year basis. During the same period in the prior year, the firm earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, analysts anticipate that Corpay will post 19.76 earnings per share for the current fiscal year.
Insider Activity
In other news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at approximately $781,857. This represents a 43.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 5.04% of the company’s stock.
Hedge Funds Weigh In On Corpay
Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in Corpay during the 1st quarter valued at $207,000. Woodline Partners LP grew its holdings in Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock valued at $2,054,000 after buying an additional 1,661 shares during the last quarter. Intech Investment Management LLC grew its holdings in Corpay by 30.4% during the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock valued at $1,165,000 after buying an additional 778 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Corpay by 4.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 846 shares of the company’s stock valued at $281,000 after buying an additional 39 shares during the last quarter. Finally, Guggenheim Capital LLC grew its holdings in Corpay by 7.1% during the 2nd quarter. Guggenheim Capital LLC now owns 3,423 shares of the company’s stock valued at $1,136,000 after buying an additional 227 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.
About Corpay
Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.
Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.
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