Corpay (NYSE:CPAY) Price Target Cut to $380.00 by Analysts at Robert W. Baird

Corpay (NYSE:CPAY) had its price target trimmed by Robert W. Baird from $440.00 to $380.00 in a report published on Tuesday,Benzinga reports. The firm currently has an outperform rating on the stock.

Several other equities analysts have also commented on the stock. UBS Group upped their price objective on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Cantor Fitzgerald boosted their target price on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Morgan Stanley upped their target price on Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Mizuho lifted their price target on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a research note on Monday, December 29th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $373.29.

Corpay Price Performance

Corpay stock opened at $290.98 on Tuesday. Corpay has a 52-week low of $252.84 and a 52-week high of $361.99. The company’s 50 day moving average is $320.34 and its two-hundred day moving average is $304.76. 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 firm has a market cap of $20.36 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 0.84 and a beta of 0.80.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 EPS 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 analysts’ expectations of $1.23 billion. During the same quarter in the previous year, the business posted $5.36 EPS. The firm’s revenue was up 20.7% on a year-over-year basis. 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 expect that Corpay will post 19.76 EPS for the current fiscal year.

Insider Activity

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 stock was sold at an average price of $358.65, for a total value of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at $781,857. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 5.04% of the company’s stock.

Hedge Funds Weigh In On Corpay

Hedge funds have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd raised its stake in Corpay by 1,513.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 25,891 shares of the company’s stock valued at $7,458,000 after purchasing an additional 24,286 shares during the last quarter. Hussman Strategic Advisors Inc. boosted its stake in shares of Corpay by 100.0% during the 3rd quarter. Hussman Strategic Advisors Inc. now owns 8,400 shares of the company’s stock worth $2,420,000 after purchasing an additional 4,200 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Corpay by 5.6% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock worth $39,999,000 after buying an additional 7,397 shares in the last quarter. Hendershot Investments Inc. grew its holdings in shares of Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock worth $12,493,000 after buying an additional 3,970 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Corpay by 0.7% in the third quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after buying an additional 58,235 shares during 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.