Corpay (NYSE:CPAY) Raised to “Strong-Buy” at Cantor Fitzgerald

Corpay (NYSE:CPAYGet Free Report) was upgraded by stock analysts at Cantor Fitzgerald to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other research analysts also recently commented on the company. Keefe, Bruyette & Woods reduced their price objective on Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a report on Wednesday, October 1st. UBS Group cut their price target on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Morgan Stanley began coverage on Corpay in a report on Monday. They issued an “overweight” rating and a $379.00 price objective for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Finally, Williams Trading set a $300.00 price target on shares of Corpay in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $369.46.

View Our Latest Stock Report on Corpay

Corpay Trading Down 0.2%

Shares of CPAY opened at $317.33 on Tuesday. The firm has a market capitalization of $22.20 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 0.97 and a beta of 0.84. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.13 and a quick ratio of 1.13. Corpay has a 1-year low of $252.84 and a 1-year high of $400.81. The company has a 50-day moving average of $309.97 and a 200 day moving average of $305.20.

Corpay (NYSE:CPAYGet Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $5.70 EPS for the quarter, topping analysts’ consensus estimates of $5.63 by $0.07. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the prior year, the firm earned $5.00 EPS. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, research analysts expect that Corpay will post 19.76 EPS for the current year.

Insider Transactions at Corpay

In other news, Director Steven T. Stull bought 8,000 shares of Corpay stock in a transaction on Friday, December 12th. The stock was acquired at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the acquisition, the director owned 29,241 shares of the company’s stock, valued at $9,210,330.18. This trade represents a 37.66% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.04% of the stock is owned by company insiders.

Institutional Trading of Corpay

A number of institutional investors have recently modified their holdings of the company. CVA Family Office LLC lifted its position in Corpay by 56.7% during the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after acquiring an additional 34 shares during the last quarter. BOKF NA increased its position in shares of Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after purchasing an additional 94 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in shares of Corpay during the 2nd quarter valued at $33,000. Ameritas Advisory Services LLC purchased a new stake in shares of Corpay during the 2nd quarter valued at $37,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Corpay in the 3rd quarter worth $40,000. 98.84% of the stock is currently owned by institutional investors.

Corpay Company Profile

(Get Free Report)

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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Analyst Recommendations for Corpay (NYSE:CPAY)

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