Corpay, Inc. (NYSE:CPAY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Corpay, Inc. (NYSE:CPAY) have been given a consensus rating of “Moderate Buy” by the fifteen research firms that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $379.7143.

CPAY has been the topic of a number of analyst reports. Raymond James Financial set a $392.00 price objective on shares of Corpay and gave the company an “outperform” rating in a research note on Thursday, August 7th. UBS Group lowered their price target on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Morgan Stanley dropped their price target on shares of Corpay from $360.00 to $356.00 and set an “equal weight” rating on the stock in a research note on Monday, August 11th. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Finally, JPMorgan Chase & Co. lowered their target price on Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th.

Corpay Trading Down 0.7%

Shares of CPAY opened at $297.77 on Friday. Corpay has a 12 month low of $252.84 and a 12 month high of $400.81. The stock’s 50-day moving average is $283.71 and its two-hundred day moving average is $309.81. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market cap of $20.83 billion, a PE ratio of 20.22, a P/E/G ratio of 1.06 and a beta of 0.85.

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

Institutional Investors Weigh In On Corpay

Several hedge funds and other institutional investors have recently bought and sold shares of CPAY. Vanguard Group Inc. grew its position 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 worth $2,357,100,000 after buying an additional 58,235 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Corpay by 11.1% during the 1st quarter. JPMorgan Chase & Co. now owns 4,728,635 shares of the company’s stock valued at $1,648,970,000 after acquiring an additional 472,147 shares during the last quarter. Orbis Allan Gray Ltd grew its holdings in Corpay by 3.3% during the 2nd quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock worth $1,279,362,000 after acquiring an additional 124,368 shares in the last quarter. State Street Corp increased its position in shares of Corpay by 0.8% in the 3rd quarter. State Street Corp now owns 2,956,744 shares of the company’s stock worth $851,720,000 after purchasing an additional 23,470 shares during the last quarter. Finally, Boston Partners raised its stake in shares of Corpay by 5.8% in the 2nd quarter. Boston Partners now owns 2,289,271 shares of the company’s stock valued at $758,536,000 after purchasing an additional 125,331 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Corpay Company Profile

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.