Corpay, Inc (NYSE:CPAY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Corpay, Inc (NYSE:CPAYGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $426.0769.

A number of research analysts recently issued reports on CPAY shares. Robert W. Baird set a $475.00 price objective on shares of Corpay in a report on Thursday, August 6th. Morgan Stanley set a $455.00 target price on shares of Corpay in a report on Friday, August 7th. Cantor Fitzgerald lifted their price target on shares of Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Finally, Wolfe Research restated an “outperform” rating and issued a $475.00 price objective on shares of Corpay in a research report on Thursday, August 6th.

Read Our Latest Stock Analysis on Corpay

Corpay Price Performance

Shares of CPAY opened at $407.19 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. Corpay has a 1 year low of $252.84 and a 1 year high of $425.95. The stock has a market cap of $26.74 billion, a P/E ratio of 24.78, a price-to-earnings-growth ratio of 1.15 and a beta of 0.87. The stock’s 50-day moving average price is $368.69 and its two-hundred day moving average price is $341.69.

Corpay (NYSE:CPAYGet Free Report) last posted its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.58 by $0.42. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The company’s revenue for the quarter was up 21.5% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, equities analysts predict that Corpay will post 25.75 earnings per share for the current year.

Insider Activity

In other news, insider Armando Lins Netto sold 70,476 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the sale, the insider owned 11,274 shares of the company’s stock, valued at $3,969,913.62. This trade represents a 86.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven T. Stull sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total value of $360,780.00. Following the sale, the director directly owned 28,241 shares in the company, valued at approximately $10,188,787.98. This represents a 3.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 88,677 shares of company stock worth $31,304,091. Corporate insiders own 5.19% of the company’s stock.

Institutional Trading of Corpay

A number of large investors have recently bought and sold shares of the business. Orbis Allan Gray Ltd boosted its holdings in shares of Corpay by 20.8% in the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the corporate payments company’s stock valued at $1,501,029,000 after buying an additional 859,854 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Corpay by 6.9% during the fourth quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the corporate payments company’s stock worth $1,424,882,000 after acquiring an additional 307,355 shares during the period. State Street Corp lifted its position in Corpay by 0.8% in the 3rd quarter. State Street Corp now owns 2,956,744 shares of the corporate payments company’s stock valued at $851,720,000 after acquiring an additional 23,470 shares in the last quarter. Geode Capital Management LLC lifted its position in Corpay by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 1,905,526 shares of the corporate payments company’s stock valued at $571,346,000 after acquiring an additional 19,281 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Corpay by 0.5% in the 4th quarter. Invesco Ltd. now owns 1,751,048 shares of the corporate payments company’s stock worth $526,943,000 after purchasing an additional 8,783 shares during the period. 98.84% of the stock is owned by institutional investors.

About Corpay

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Corpay (NYSE:CPAY)

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