Robert W. Baird Has Lowered Expectations for Corpay (NYSE:CPAY) Stock Price

Corpay (NYSE:CPAY) had its price objective dropped by research analysts at Robert W. Baird from $440.00 to $380.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Robert W. Baird’s price objective would suggest a potential upside of 31.15% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Mizuho boosted their price objective on Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Cantor Fitzgerald increased their target price on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. lifted their target price on Corpay from $350.00 to $390.00 and gave the stock 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, Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $373.29.

Corpay Stock Performance

Shares of NYSE:CPAY opened at $289.75 on Tuesday. The company has a market capitalization of $20.27 billion, a price-to-earnings ratio of 19.26, a PEG ratio of 0.84 and a beta of 0.85. Corpay has a 12 month low of $252.84 and a 12 month high of $361.99. The firm’s 50-day moving average is $319.80 and its 200 day moving average is $304.65. 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 (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, topping analysts’ consensus estimates of $5.93 by $0.11. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the company posted $5.36 EPS. The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Research analysts predict that Corpay will post 19.76 EPS for the current year.

Insider Transactions at Corpay

In related news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer owned 2,180 shares of the company’s stock, valued at $781,857. This represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.04% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Corpay

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Hussman Strategic Advisors Inc. increased its position in Corpay by 100.0% during the 3rd quarter. Hussman Strategic Advisors Inc. now owns 8,400 shares of the company’s stock valued at $2,420,000 after purchasing an additional 4,200 shares during the period. Y Intercept Hong Kong Ltd boosted its stake in shares of Corpay by 1,513.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 25,891 shares of the company’s stock valued at $7,458,000 after purchasing an additional 24,286 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Corpay by 5.6% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock valued at $39,999,000 after buying an additional 7,397 shares during the period. Hendershot Investments Inc. increased its holdings in Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock valued at $12,493,000 after buying an additional 3,970 shares during the period. Finally, Kestra Investment Management LLC raised its stake in Corpay by 55,800.0% in the second quarter. Kestra Investment Management LLC now owns 3,354 shares of the company’s stock worth $1,113,000 after buying an additional 3,348 shares in the last quarter. 98.84% of the stock is owned by institutional investors.

About Corpay

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.