Corpay (NYSE:CPAY) Upgraded at Cantor Fitzgerald

Cantor Fitzgerald upgraded shares of Corpay (NYSE:CPAY) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Several other research analysts have also issued reports on the stock. Oppenheimer decreased their price target on shares of Corpay from $380.00 to $369.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Williams Trading set a $300.00 target price on Corpay in a report on Monday, November 3rd. Morgan Stanley initiated coverage on Corpay in a research report on Monday. They set an “overweight” rating and a $379.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Scotiabank raised Corpay to a “sector outperform” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $369.46.

Corpay Price Performance

NYSE:CPAY opened at $322.14 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.41. The business’s 50-day moving average price is $310.87 and its 200 day moving average price is $305.32. Corpay has a 52-week low of $252.84 and a 52-week high of $400.81. The firm has a market cap of $22.54 billion, a P/E ratio of 21.87, a PEG ratio of 0.97 and a beta of 0.84.

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

Insider Transactions at Corpay

In other Corpay news, Director Steven T. Stull acquired 8,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was purchased at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the transaction, the director owned 29,241 shares of the company’s stock, valued at $9,210,330.18. The trade was a 37.66% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.04% of the company’s stock.

Institutional Trading of Corpay

Several institutional investors have recently made changes to their positions in CPAY. Atria Wealth Solutions Inc. increased its stake in Corpay by 4.7% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 695 shares of the company’s stock valued at $231,000 after buying an additional 31 shares during the period. HB Wealth Management LLC boosted its stake in shares of Corpay by 1.9% during the 4th quarter. HB Wealth Management LLC now owns 1,741 shares of the company’s stock valued at $524,000 after buying an additional 33 shares during the period. CVA Family Office LLC grew its holdings in shares of Corpay by 56.7% during the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after acquiring an additional 34 shares in the last quarter. KBC Group NV grew its holdings in shares of Corpay by 0.4% during the 4th quarter. KBC Group NV now owns 9,318 shares of the company’s stock valued at $2,804,000 after acquiring an additional 36 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Corpay by 4.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock worth $254,000 after acquiring an additional 37 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Corpay Company Profile

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.