Corpay (NYSE:CPAY) Lowered to “Hold” Rating by Wall Street Zen

Corpay (NYSE:CPAY) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.

A number of other research firms have also recently issued reports on CPAY. Morgan Stanley lifted their price target 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. UBS Group increased their price objective on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. JPMorgan Chase & Co. lifted their target price on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Oppenheimer reissued an “outperform” rating and set a $378.00 target price on shares of Corpay in a research note on Thursday, February 5th. Finally, Cantor Fitzgerald upped their price target on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $377.57.

Corpay Stock Performance

Shares of CPAY stock opened at $317.69 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70. Corpay has a 12-month low of $252.84 and a 12-month high of $361.99. The business’s 50 day moving average is $327.80 and its two-hundred day moving average is $306.96. The company has a market capitalization of $22.22 billion, a P/E ratio of 21.12, a P/E/G ratio of 0.92 and a beta of 0.80.

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

Insider Buying and Selling

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 completion of the transaction, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at approximately $781,857. This represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On Corpay

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPAY. Integrated Wealth Concepts LLC purchased a new stake in shares of Corpay during the first quarter worth $207,000. Woodline Partners LP lifted its stake in shares of Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock worth $2,054,000 after buying an additional 1,661 shares in the last quarter. Intech Investment Management LLC boosted its position in Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock worth $1,165,000 after acquiring an additional 778 shares during the last quarter. Allworth Financial LP grew its stake in Corpay by 37.4% during the 2nd quarter. Allworth Financial LP now owns 239 shares of the company’s stock valued at $79,000 after acquiring an additional 65 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its stake in Corpay by 4.4% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 10,344 shares of the company’s stock valued at $3,432,000 after acquiring an additional 435 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

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.