Corpay, Inc. (NYSE:CPAY – Get Free Report) has earned an average recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $373.2857.
Several equities research analysts have recently weighed in on CPAY shares. Morgan Stanley increased their target price on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. increased their target price on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Raymond James Financial reiterated an “outperform” rating and set a $361.00 target price on shares of Corpay in a research note on Thursday, March 5th. Mizuho increased their target price on shares of Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Cantor Fitzgerald increased their target price on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th.
Read Our Latest Research Report on CPAY
Corpay Price Performance
Corpay (NYSE:CPAY – Get Free Report) last announced its earnings results 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. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the firm earned $5.36 earnings per share. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. 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, analysts predict that Corpay will post 19.76 EPS for the current year.
Insider Buying and Selling at Corpay
In other news, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the sale, the chief accounting officer owned 2,180 shares of the company’s stock, valued at $781,857. The trade was a 43.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.04% of the stock is currently owned by insiders.
Institutional Trading of Corpay
Several hedge funds and other institutional investors have recently made changes to their positions in CPAY. MV Capital Management Inc. purchased a new stake in shares of Corpay in the fourth quarter valued at about $25,000. Leonteq Securities AG purchased a new stake in shares of Corpay in the fourth quarter valued at about $27,000. BOKF NA boosted its holdings in shares of Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after acquiring an additional 94 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Corpay in the fourth quarter valued at about $29,000. Finally, DV Equities LLC purchased a new stake in shares of Corpay in the fourth quarter valued at about $30,000. 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.
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