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

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

CPAY has been the topic of a number of other reports. UBS Group boosted their price target on shares of Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Raymond James Financial reissued an “outperform” rating and issued a $361.00 price objective on shares of Corpay in a research note on Thursday, March 5th. JPMorgan Chase & Co. upped 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. 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 report on Monday, February 9th. Finally, Mizuho raised their price target on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $377.57.

Corpay Trading Up 1.2%

CPAY opened at $287.79 on Monday. Corpay has a 52 week low of $252.84 and a 52 week high of $361.99. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. The business has a fifty day simple moving average of $324.93 and a 200-day simple moving average of $305.79. The firm has a market cap of $20.13 billion, a P/E ratio of 19.13, a P/E/G ratio of 0.83 and a beta of 0.80.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business earned $5.36 EPS. The company’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, equities analysts expect that Corpay will post 19.76 earnings per share for the current year.

Insider Transactions at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction 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 directly owned 2,180 shares in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Corpay

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Corpay by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock worth $2,357,100,000 after buying an additional 58,235 shares during the last quarter. Orbis Allan Gray Ltd increased its holdings in shares of Corpay by 20.8% in the 4th quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the company’s stock valued at $1,501,029,000 after acquiring an additional 859,854 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Corpay by 6.9% in the 4th quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the company’s stock valued at $1,424,882,000 after acquiring an additional 307,355 shares during the last quarter. State Street Corp raised its position in shares of Corpay by 0.8% during the 3rd quarter. State Street Corp now owns 2,956,744 shares of the company’s stock worth $851,720,000 after acquiring an additional 23,470 shares in the last quarter. Finally, Boston Partners raised its position in shares of Corpay by 5.8% during the 2nd quarter. Boston Partners now owns 2,289,271 shares of the company’s stock worth $758,536,000 after acquiring an additional 125,331 shares in the last quarter. 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.