Corpay (NYSE:CPAY) Price Target Lowered to $369.00 at Oppenheimer

Corpay (NYSE:CPAY) had its target price dropped by investment analysts at Oppenheimer from $380.00 to $369.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s target price suggests a potential upside of 11.14% from the company’s current price.

Other analysts have also issued reports about the company. Williams Trading set a $300.00 target price on Corpay in a research note on Monday, November 3rd. JPMorgan Chase & Co. decreased their price objective on Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Keefe, Bruyette & Woods reduced their target price on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. Finally, Jefferies Financial Group restated a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $371.15.

Corpay Stock Performance

NYSE CPAY traded up $0.51 during trading hours on Monday, reaching $332.01. 180,410 shares of the company were exchanged, compared to its average volume of 536,158. The stock has a market capitalization of $23.23 billion, a P/E ratio of 22.54, a P/E/G ratio of 1.01 and a beta of 0.84. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.41. Corpay has a 1 year low of $252.84 and a 1 year high of $400.81. The business’s 50 day simple moving average is $297.78 and its 200-day simple moving average is $305.97.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, beating analysts’ consensus estimates of $5.63 by $0.07. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The company’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, equities research analysts expect that Corpay will post 19.76 earnings per share for the current year.

Insider Activity at Corpay

In other news, Director Steven T. Stull acquired 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 5.04% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. BOKF NA grew its holdings in shares of Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after purchasing an additional 94 shares during the last quarter. CVA Family Office LLC grew its stake in shares of Corpay by 56.7% during the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after buying an additional 34 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new position in shares of Corpay during the second quarter valued at about $33,000. Ameritas Advisory Services LLC bought a new stake in shares of Corpay in the 2nd quarter valued at about $37,000. Finally, Root Financial Partners LLC bought a new stake in shares of Corpay in the 3rd quarter valued at about $40,000. 98.84% of the stock is owned by institutional investors.

Corpay Company Profile

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.