Wall Street Zen Upgrades Corpay (NYSE:CPAY) to Buy

Corpay (NYSE:CPAY) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Several other equities analysts also recently weighed in on the stock. Royal Bank Of Canada lifted their target price on shares of Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. UBS Group upped their price target on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Cantor Fitzgerald raised their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Morgan Stanley lifted their price objective on shares of Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Finally, Raymond James Financial reissued an “outperform” rating and set a $361.00 target price on shares of Corpay in a report on Thursday, March 5th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $377.57.

Corpay Trading Up 0.2%

NYSE CPAY opened at $293.83 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70. The business has a fifty day simple moving average of $323.44 and a 200 day simple moving average of $305.45. Corpay has a 12 month low of $252.84 and a 12 month high of $361.99. The firm has a market capitalization of $20.56 billion, a P/E ratio of 19.54, a PEG ratio of 0.85 and a beta of 0.80.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.93 by $0.11. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the business posted $5.36 EPS. The business’s revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, analysts predict that Corpay will post 19.76 EPS for the current fiscal year.

Insider Activity

In related news, CAO Alissa B. Vickery sold 1,701 shares of the 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 owned 2,180 shares in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On Corpay

Hedge funds have recently bought and sold shares of the stock. MV Capital Management Inc. purchased a new stake in shares of Corpay during the 4th quarter valued at $25,000. Leonteq Securities AG purchased a new position in Corpay in the fourth quarter worth $27,000. BOKF NA grew its position in Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after acquiring an additional 94 shares in the last quarter. Torren Management LLC purchased a new stake in Corpay during the fourth quarter valued at about $29,000. Finally, DV Equities LLC purchased a new stake in Corpay during the fourth quarter valued at 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.