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

Corpay, Inc (NYSE:CPAY) has been given a consensus rating of “Moderate Buy” by the fifteen analysts that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $382.5385.

CPAY has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Morgan Stanley reissued an “overweight” rating and set a $400.00 price target on shares of Corpay in a research report on Sunday, May 10th. Loop Capital began coverage on shares of Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective for the company. Oppenheimer reaffirmed an “outperform” rating and set a $388.00 price objective on shares of Corpay in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd.

Corpay Price Performance

Corpay stock opened at $365.94 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The firm has a market capitalization of $23.92 billion, a P/E ratio of 21.90, a PEG ratio of 1.02 and a beta of 0.88. The business has a 50-day moving average of $349.20 and a 200-day moving average of $332.02. Corpay has a 1 year low of $252.84 and a 1 year high of $374.09.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Thursday, May 14th. The corporate payments company reported ($0.01) earnings per share for the quarter. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The firm had revenue of $5.63 million during the quarter. On average, equities analysts anticipate that Corpay will post 25.49 EPS for the current year.

Insider Transactions at Corpay

In related news, insider Armando Lins Netto sold 70,476 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $352.13, for a total value of $24,816,713.88. Following the completion of the transaction, the insider directly owned 11,274 shares in the company, valued at approximately $3,969,913.62. The trade was a 86.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven T. Stull sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total value of $360,780.00. Following the sale, the director directly owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 88,677 shares of company stock worth $31,304,091. 5.19% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CPAY. HB Wealth Management LLC lifted its holdings in Corpay by 1.9% during the 4th quarter. HB Wealth Management LLC now owns 1,741 shares of the corporate payments company’s stock worth $524,000 after buying an additional 33 shares during the period. KBC Group NV increased its stake in shares of Corpay by 0.4% in the fourth quarter. KBC Group NV now owns 9,318 shares of the corporate payments company’s stock valued at $2,804,000 after buying an additional 36 shares during the period. 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 corporate payments company’s stock valued at $254,000 after buying an additional 37 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Corpay by 1.4% during the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the corporate payments company’s stock worth $919,000 after acquiring an additional 39 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in shares of Corpay by 35.5% during the fourth quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company’s stock worth $45,000 after acquiring an additional 39 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Corpay Company Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.