UBS Group Cuts Corpay (NYSE:CPAY) Price Target to $315.00

Corpay (NYSE:CPAY) had its target price reduced by UBS Group from $340.00 to $315.00 in a research note released on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other brokerages have also recently issued reports on CPAY. Deutsche Bank Aktiengesellschaft began coverage on shares of Corpay in a research note on Thursday, July 17th. They issued a “buy” rating and a $390.00 price objective for the company. Royal Bank Of Canada boosted their price target on shares of Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research note on Thursday. Keefe, Bruyette & Woods cut their price target on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Williams Trading set a $300.00 price objective on Corpay in a research note on Monday, November 3rd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a research note on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $379.71.

Corpay Price Performance

Shares of Corpay stock opened at $276.15 on Thursday. The firm has a market capitalization of $19.50 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 1.02 and a beta of 0.95. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.48. Corpay has a 12 month low of $252.84 and a 12 month high of $400.81. The business’s 50-day moving average price is $291.81 and its 200-day moving average price is $315.54.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping analysts’ consensus estimates of $5.63 by $0.07. Corpay had a return on equity of 39.13% and a net margin of 25.17%.The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the company posted $5.00 EPS. Corpay’s quarterly revenue was up 13.9% compared to the same quarter last year. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Sell-side analysts forecast that Corpay will post 19.76 EPS for the current fiscal year.

Institutional Trading of Corpay

A number of institutional investors have recently modified their holdings of CPAY. CenterBook Partners LP grew its stake in shares of Corpay by 7.3% in the third quarter. CenterBook Partners LP now owns 21,246 shares of the company’s stock worth $6,120,000 after purchasing an additional 1,451 shares during the last quarter. Martin & Co. Inc. TN grew its position in shares of Corpay by 0.4% in the 3rd quarter. Martin & Co. Inc. TN now owns 17,451 shares of the company’s stock worth $5,027,000 after buying an additional 67 shares during the last quarter. NEOS Investment Management LLC increased its stake in shares of Corpay by 83.2% during the third quarter. NEOS Investment Management LLC now owns 1,781 shares of the company’s stock valued at $513,000 after buying an additional 809 shares during the period. Vanguard Group Inc. raised its holdings in shares of Corpay by 0.7% during the third quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after acquiring an additional 58,235 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in Corpay by 5.3% in the third quarter. State of New Jersey Common Pension Fund D now owns 22,756 shares of the company’s stock worth $6,555,000 after acquiring an additional 1,141 shares during the period. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

About Corpay

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.