Corpay (NYSE:CPAY) Stock Rating Upgraded by Wall Street Zen

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

CPAY has been the topic of a number of other research reports. JPMorgan Chase & Co. upped their price target on shares of Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Cantor Fitzgerald lifted their price objective on shares of Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Keefe, Bruyette & Woods boosted their price objective on shares of Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada upped their target price on Corpay from $363.00 to $423.00 and gave the company a “sector perform” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Corpay in a research note on Friday, July 24th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $430.31.

Corpay Price Performance

Shares of CPAY stock opened at $408.69 on Friday. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $425.95. The firm has a market capitalization of $26.83 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.12 and a beta of 0.87. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The stock’s 50-day simple moving average is $380.27 and its 200-day simple moving average is $346.11.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating the consensus estimate of $6.58 by $0.42. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. Corpay’s revenue was up 21.5% on a year-over-year basis. During the same period last year, the firm posted $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, equities analysts forecast that Corpay will post 25.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the transaction, the chief executive officer owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven T. Stull sold 4,000 shares of Corpay stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the sale, the director owned 23,598 shares of the company’s stock, valued at approximately $9,690,754.68. The trade was a 14.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 292,336 shares of company stock worth $116,573,008. 5.19% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC acquired a new stake in Corpay during the 1st quarter worth about $207,000. Woodline Partners LP lifted its holdings in shares of Corpay by 39.3% in the 1st quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock valued at $2,054,000 after buying an additional 1,661 shares during the period. Intech Investment Management LLC boosted its stake in shares of Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after buying an additional 778 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after buying an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. grew its holdings in Corpay by 16.0% during the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock worth $554,000 after acquiring an additional 230 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

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.