Wall Street Zen Upgrades Corpay (NYSE:CPAY) to “Buy”

Corpay (NYSE:CPAY) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

CPAY has been the topic of several other reports. Royal Bank Of Canada upped their price objective 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. JPMorgan Chase & Co. lifted their target price on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Mizuho boosted their target price on Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a research note on Monday, December 29th. Finally, Morgan Stanley raised their price target on 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 issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $377.57.

Corpay Stock Down 3.0%

Shares of CPAY opened at $314.57 on Friday. The company’s 50-day moving average price is $325.63 and its 200 day moving average price is $306.97. Corpay has a 12-month low of $252.84 and a 12-month high of $361.99. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70. The firm has a market cap of $22.01 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 0.94 and a beta of 0.80.

Corpay (NYSE:CPAY) 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 company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm posted $5.36 earnings per share. Corpay’s 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, sell-side analysts forecast that Corpay will post 19.76 earnings per share for the current year.

Insider Transactions at Corpay

In related news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction that occurred on 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. This trade represents 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 available through this hyperlink. Also, Director Steven T. Stull purchased 8,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the purchase, the director directly owned 29,241 shares of the company’s stock, valued at $9,210,330.18. The trade was a 37.66% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On Corpay

A number of large investors have recently modified their holdings of the company. MV Capital Management Inc. purchased a new stake in shares of Corpay during the 4th quarter worth $25,000. Leonteq Securities AG purchased a new position in Corpay in the fourth quarter valued at $27,000. BOKF NA raised its stake in 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 buying an additional 94 shares in the last quarter. Torren Management LLC acquired a new stake in Corpay in the fourth quarter valued at $29,000. Finally, DV Equities LLC purchased a new stake in Corpay during the 4th quarter worth about $30,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

About Corpay

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.