Corpay (NYSE:CPAY – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.
CPAY has been the topic of several other research reports. Weiss Ratings upgraded shares of Corpay from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. UBS Group raised their price target on shares of Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Raymond James Financial reissued an “outperform” rating and set a $442.00 price target on shares of Corpay in a research report on Thursday, August 6th. Cantor Fitzgerald boosted their price objective on shares of Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. upped their price objective on Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $438.93.
View Our Latest Research Report on CPAY
Corpay Price Performance
CPAY opened at $408.95 on Friday. The firm has a market cap of $26.85 billion, a PE ratio of 24.89, a P/E/G ratio of 1.12 and a beta of 0.89. The stock has a 50-day moving average price of $404.60 and a 200-day moving average price of $372.84. Corpay has a 1 year low of $252.84 and a 1 year high of $427.46. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97.
Corpay (NYSE:CPAY – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating the consensus estimate of $6.58 by $0.42. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. Corpay’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same period in the prior year, the firm posted $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Sell-side analysts predict that Corpay will post 25.79 earnings per share for the current fiscal year.
Insider Buying and Selling at Corpay
In other Corpay news, CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total value of $49,276,026.40. Following the completion of the sale, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. This represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Steven T. Stull sold 4,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the sale, the director owned 23,598 shares of the company’s stock, valued at approximately $9,690,754.68. The trade was a 14.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 220,860 shares of company stock worth $91,395,514 over the last quarter. 5.19% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Burkett Financial Services LLC bought a new stake in Corpay during the 3rd quarter worth approximately $30,000. Axiom Investment Management LLC purchased a new position in Corpay during the first quarter valued at approximately $27,000. Strive Financial Group LLC purchased a new position in Corpay during the second quarter valued at approximately $35,000. Western Wealth Management LLC bought a new position in shares of Corpay in the first quarter worth approximately $36,000. Finally, SJS Investment Consulting Inc. boosted its position in shares of Corpay by 150.0% in the first quarter. SJS Investment Consulting Inc. now owns 140 shares of the corporate payments company’s stock worth $41,000 after purchasing an additional 84 shares during the period. 98.84% of the stock is currently owned by institutional investors.
About Corpay
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.
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