Corpay (NYSE:CPAY) Given New $415.00 Price Target at Cantor Fitzgerald

Corpay (NYSE:CPAY) had its price objective upped by Cantor Fitzgerald from $385.00 to $415.00 in a research note issued to investors on Monday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Royal Bank Of Canada raised their target price on shares of Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a report on Thursday, February 5th. UBS Group cut their price target on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Finally, Morgan Stanley lifted their price objective on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $375.14.

Corpay Trading Up 0.5%

Corpay stock opened at $355.82 on Monday. The firm has a market cap of $24.89 billion, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 1.03 and a beta of 0.82. Corpay has a 1 year low of $252.84 and a 1 year high of $386.88. The firm’s 50 day moving average price is $315.05 and its two-hundred day moving average price is $304.49. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.13 and a current ratio of 0.98.

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 the consensus estimate of $5.93 by $0.11. The business 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 company’s revenue was up 20.7% compared to the same quarter last year. During the same period last year, the company posted $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, research analysts predict that Corpay will post 19.76 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Steven T. Stull acquired 8,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were purchased at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the purchase, the director owned 29,241 shares in the company, valued at $9,210,330.18. This represents a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.04% of the company’s stock.

Hedge Funds Weigh In On Corpay

Several institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its position in Corpay by 168,603.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the company’s stock valued at $448,282,000 after purchasing an additional 1,488,772 shares during the last quarter. M&T Bank Corp increased its position in Corpay by 4,657.7% in the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock worth $314,193,000 after purchasing an additional 1,022,129 shares during the last quarter. Norges Bank purchased a new stake in shares of Corpay during the 2nd quarter worth about $266,246,000. Hawk Ridge Capital Management LP acquired a new stake in shares of Corpay during the 3rd quarter valued at about $106,381,000. Finally, Vanguard Group Inc. grew its stake in shares of Corpay by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock valued at $2,695,851,000 after buying an additional 251,651 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

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.