Shares of Corpay, Inc (NYSE:CPAY – Get Free Report) have been given an average rating of “Moderate Buy” by the fifteen brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $426.0769.
Several research analysts have recently commented on the company. Robert W. Baird set a $475.00 price target on Corpay in a research report on Thursday, August 6th. Wall Street Zen cut shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday. Raymond James Financial reaffirmed an “outperform” rating and set a $442.00 price objective on shares of Corpay in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Corpay in a research report on Friday, July 24th. Finally, Cantor Fitzgerald lifted their price target on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th.
View Our Latest Report on CPAY
Insider Activity at Corpay
Institutional Investors Weigh In On Corpay
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new stake in shares of Corpay in the second quarter valued at about $107,805,000. Wedge Capital Management L L P NC lifted its stake in Corpay by 22.1% in the 2nd quarter. Wedge Capital Management L L P NC now owns 222,662 shares of the corporate payments company’s stock valued at $74,207,000 after buying an additional 40,321 shares in the last quarter. Fulton Bank N.A. lifted its position in shares of Corpay by 10.4% in the second quarter. Fulton Bank N.A. now owns 1,772 shares of the corporate payments company’s stock valued at $591,000 after acquiring an additional 167 shares in the last quarter. Vista Investment Partners LLC acquired a new stake in shares of Corpay during the 2nd quarter worth about $4,391,000. Finally, Hennion & Walsh Asset Management Inc. boosted its position in Corpay by 4.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 2,472 shares of the corporate payments company’s stock worth $824,000 after acquiring an additional 112 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.
Corpay Trading Up 0.1%
CPAY opened at $418.01 on Wednesday. Corpay has a one year low of $252.84 and a one year high of $425.95. The business’s 50 day moving average price is $365.58 and its 200 day moving average price is $340.87. The stock has a market capitalization of $27.45 billion, a PE ratio of 25.44, a P/E/G ratio of 1.15 and a beta of 0.87. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97.
Corpay (NYSE:CPAY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The company’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period last 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. As a group, equities research analysts expect that Corpay will post 25.75 EPS for the current year.
Corpay Company Profile
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.
See Also
- Five stocks we like better than Corpay
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Receive News & Ratings for Corpay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corpay and related companies with MarketBeat.com's FREE daily email newsletter.
