Shares of Corpay, Inc. (NYSE:CPAY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $377.5714.
A number of research analysts recently issued reports on the stock. Raymond James Financial reissued an “outperform” rating and set a $361.00 price target on shares of Corpay in a research report on Thursday, March 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. JPMorgan Chase & Co. raised their target price on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Cantor Fitzgerald boosted their price target on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Oppenheimer restated an “outperform” rating and issued a $378.00 price target on shares of Corpay in a research note on Thursday, February 5th.
Get Our Latest Report on Corpay
Corpay Price Performance
Corpay (NYSE:CPAY – Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company’s quarterly revenue was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Research analysts predict that Corpay will post 19.76 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total value of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at approximately $781,857. The trade was a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.04% of the company’s stock.
Hedge Funds Weigh In On Corpay
Several institutional investors and hedge funds have recently modified their holdings of the stock. MV Capital Management Inc. purchased a new position in shares of Corpay in the 4th quarter worth about $25,000. Leonteq Securities AG purchased a new stake in Corpay during the 4th quarter valued at about $27,000. BOKF NA increased its stake in 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 in the last quarter. Torren Management LLC bought a new stake in Corpay during the 4th quarter valued at about $29,000. Finally, DV Equities LLC purchased a new position in Corpay in the fourth quarter worth about $30,000. 98.84% of the stock is currently owned by 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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