Corpay, Inc (NYSE:CPAY) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analysts rate Corpay a “Moderate Buy”: Twelve of 15 analysts recommend buying the stock, with an average 12-month price target of $438.93.
• Corpay reported stronger-than-expected quarterly results, with EPS of $7.00 versus the $6.58 consensus estimate and revenue up 21.5% year over year to $1.34 billion.
• Insiders sold shares worth about $91.4 million over the past 90 days, while institutional investors own 98.84% of Corpay’s outstanding stock.

Corpay, Inc (NYSE:CPAY - Get Free Report) has received an average recommendation of "Moderate Buy" from the fifteen ratings firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $438.93.

Several analysts have commented on CPAY shares. Robert W. Baird set a $475.00 price objective on Corpay in a report on Thursday, August 6th. Wall Street Zen raised shares of Corpay from a "hold" rating to a "buy" rating in a research note on Sunday, September 6th. JPMorgan Chase & Co. boosted their price target on shares of Corpay from $400.00 to $470.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Corpay in a report on Friday, July 24th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $442.00 target price on shares of Corpay in a research report on Thursday, August 6th.

Insider Activity at Corpay

In related news, Director Steven T. Stull sold 4,000 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the transaction, the director directly owned 23,598 shares of the company's stock, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ronald Clarke sold 119,486 shares of Corpay stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the sale, the chief executive officer directly owned 2,354,330 shares in the company, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 220,860 shares of company stock worth $91,395,514. Company insiders own 5.19% of the company's stock.

Hedge Funds Weigh In On Corpay

Several hedge funds and other institutional investors have recently modified their holdings of CPAY. JPMorgan Chase & Co. increased its holdings in shares of Corpay by 6.9% in the fourth quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the corporate payments company's stock valued at $1,424,882,000 after purchasing an additional 307,355 shares during the last quarter. Norges Bank purchased a new stake in Corpay in the 4th quarter valued at $266,190,000. Spruce House Investment Management LLC grew its holdings in Corpay by 6.0% in the 1st quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company's stock valued at $256,071,000 after buying an additional 50,000 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Corpay by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 782,500 shares of the corporate payments company's stock worth $227,695,000 after acquiring an additional 23,646 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Corpay by 4.7% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 699,476 shares of the corporate payments company's stock worth $210,493,000 after acquiring an additional 31,486 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Stock Down 1.0%

CPAY opened at $388.80 on Thursday. The company has a fifty day moving average of $401.85 and a two-hundred day moving average of $362.22. The stock has a market capitalization of $25.53 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 1.08 and a beta of 0.87. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $427.46. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97.

Corpay (NYSE:CPAY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.58 by $0.42. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the company posted $5.13 EPS. The company's revenue for the quarter was up 21.5% on a year-over-year basis. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, research analysts expect that Corpay will post 25.75 earnings per share for the current year.

About Corpay

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.

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