Corpay, Inc (NYSE:CPAY – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $383.0714.
Several brokerages have issued reports on CPAY. Wolfe Research restated an “outperform” rating and issued a $450.00 price target on shares of Corpay in a report on Wednesday, June 3rd. Raymond James Financial restated an “outperform” rating and issued a $361.00 price target on shares of Corpay in a report on Thursday, March 5th. Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. 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 report on Tuesday, March 31st. Finally, Loop Capital began coverage on Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 price target for the company.
Get Our Latest Analysis on Corpay
Insider Activity at Corpay
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. HB Wealth Management LLC lifted its position in shares of Corpay by 1.9% in the fourth quarter. HB Wealth Management LLC now owns 1,741 shares of the corporate payments company’s stock valued at $524,000 after buying an additional 33 shares during the last quarter. KBC Group NV lifted its position in shares of Corpay by 0.4% in the fourth quarter. KBC Group NV now owns 9,318 shares of the corporate payments company’s stock valued at $2,804,000 after buying an additional 36 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Corpay by 4.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the corporate payments company’s stock valued at $254,000 after buying an additional 37 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of Corpay by 35.5% in the fourth quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company’s stock valued at $45,000 after buying an additional 39 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Corpay by 1.4% in the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the corporate payments company’s stock valued at $919,000 after buying an additional 39 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.
Corpay Stock Up 2.1%
Shares of Corpay stock opened at $332.65 on Tuesday. Corpay has a 1 year low of $252.84 and a 1 year high of $367.43. The business has a 50-day moving average of $339.67 and a two-hundred day moving average of $325.25. The company has a market capitalization of $21.74 billion, a P/E ratio of 19.91, a price-to-earnings-growth ratio of 0.91 and a beta of 0.86. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98.
Corpay (NYSE:CPAY – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The corporate payments company reported ($0.01) earnings per share (EPS) for the quarter. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The business had revenue of $5.63 million during the quarter. As a group, equities analysts predict that Corpay will post 25.49 EPS for the current year.
Corpay Company Profile
Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.
The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.
Corpay operates as part of the broader financial technology and payment processing sector.
Featured Stories
- Five stocks we like better than Corpay
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
- 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
- 3 ETFs Pairing Market-Beating Returns With High Dividend Yields
Receive News & Ratings for Corpay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corpay and related companies with MarketBeat.com's FREE daily email newsletter.
