Reviewing Corpay (NYSE:CPAY) & Remitly Global (NASDAQ:RELY)

Corpay (NYSE:CPAY) and Remitly Global (NASDAQ:RELY) are both business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, valuation, risk, institutional ownership, profitability and dividends.

Insider and Institutional Ownership

98.8% of Corpay shares are held by institutional investors. Comparatively, 74.3% of Remitly Global shares are held by institutional investors. 5.0% of Corpay shares are held by company insiders. Comparatively, 8.1% of Remitly Global shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Corpay and Remitly Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corpay	24.37%	37.83%	7.26%
Remitly Global	1.36%	3.12%	2.05%

Risk & Volatility

Corpay has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.11, meaning that its stock price is 89% less volatile than the S&P 500.

Valuation and Earnings

This table compares Corpay and Remitly Global”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corpay	$3.97 billion	5.34	$1.00 billion	$14.73	20.58
Remitly Global	$1.26 billion	2.23	-$36.98 million	$0.09	150.11

Corpay has higher revenue and earnings than Remitly Global. Corpay is trading at a lower price-to-earnings ratio than Remitly Global, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent recommendations for Corpay and Remitly Global, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corpay	0	5	10	0	2.67
Remitly Global	0	3	8	0	2.73

Corpay currently has a consensus price target of $379.73, suggesting a potential upside of 25.26%. Remitly Global has a consensus price target of $25.88, suggesting a potential upside of 91.52%. Given Remitly Global’s stronger consensus rating and higher possible upside, analysts plainly believe Remitly Global is more favorable than Corpay.

Summary

Corpay beats Remitly Global on 10 of the 14 factors compared between the two stocks.

About Corpay

Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.

About Remitly Global

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.