Corpay (NYSE:CPAY) Raised to “Buy” at Wall Street Zen

Corpay (NYSE:CPAY) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other research analysts also recently weighed in on the company. Cantor Fitzgerald upped their price target on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Scotiabank raised shares of Corpay to a “sector outperform” rating in a report on Monday, January 26th. Oppenheimer restated an “outperform” rating and set a $378.00 target price on shares of Corpay in a research report on Thursday, February 5th. Finally, Morgan Stanley raised their target price 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. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $377.57.

Corpay Price Performance

NYSE:CPAY opened at $314.57 on Friday. The business’s 50-day simple moving average is $325.63 and its two-hundred day simple moving average is $306.81. Corpay has a 52 week low of $252.84 and a 52 week high of $361.99. The stock has a market cap of $22.01 billion, a PE ratio of 20.92, a P/E/G ratio of 0.91 and a beta of 0.80. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last released 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. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. As a group, analysts forecast that Corpay will post 19.76 EPS for the current fiscal year.

Insider Activity at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at $781,857. This represents a 43.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven T. Stull bought 8,000 shares of the stock in a transaction dated Friday, December 12th. The shares were purchased at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the transaction, the director directly owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The disclosure for this purchase is available in the SEC filing. 5.04% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Corpay

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Corpay by 0.7% in the 3rd 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. Orbis Allan Gray Ltd raised its position in shares of Corpay by 20.8% during the 4th quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the company’s stock valued at $1,501,029,000 after buying an additional 859,854 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Corpay by 6.9% during the 4th quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the company’s stock valued at $1,424,882,000 after buying an additional 307,355 shares in the last quarter. State Street Corp lifted its holdings 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 valued at $851,720,000 after acquiring an additional 23,470 shares during the last quarter. Finally, Boston Partners grew its position in Corpay by 5.8% in the second quarter. Boston Partners now owns 2,289,271 shares of the company’s stock worth $758,536,000 after acquiring an additional 125,331 shares in the last quarter. Hedge funds and other institutional investors 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.