Corpay (CPAY) to Release Quarterly Earnings on Tuesday

Corpay (NYSE:CPAY - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect Corpay to post earnings of $4.50 per share and revenue of $1.02 billion for the quarter. Corpay has set its Q1 2025 guidance at 4.450-4.550 EPS and its FY 2025 guidance at 20.750-21.250 EPS.

Corpay (NYSE:CPAY - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $4.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.37 by ($0.41). Corpay had a net margin of 25.25% and a return on equity of 41.46%. On average, analysts expect Corpay to post $20 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Corpay Stock Performance

Shares of Corpay stock traded up $3.69 on Friday, hitting $326.34. 32,200 shares of the company's stock were exchanged, compared to its average volume of 484,124. The stock has a market capitalization of $22.93 billion, a PE ratio of 23.35, a PEG ratio of 1.32 and a beta of 1.11. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.05 and a current ratio of 1.00. The company has a 50-day simple moving average of $331.29 and a 200-day simple moving average of $350.79. Corpay has a 1 year low of $247.10 and a 1 year high of $400.81.

Insider Buying and Selling

In other news, Director Richard Macchia sold 2,427 shares of Corpay stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $375.23, for a total transaction of $910,683.21. Following the sale, the director now owns 12,215 shares of the company's stock, valued at approximately $4,583,434.45. The trade was a 16.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CPAY has been the topic of several research analyst reports. Raymond James lowered their price objective on Corpay from $434.00 to $417.00 and set an "outperform" rating on the stock in a research report on Thursday, February 6th. Keefe, Bruyette & Woods raised their target price on shares of Corpay from $415.00 to $445.00 and gave the stock an "outperform" rating in a report on Thursday, February 6th. Wolfe Research upgraded Corpay from a "peer perform" rating to an "outperform" rating and set a $420.00 price target on the stock in a report on Wednesday, January 8th. Barclays lowered their price objective on shares of Corpay from $440.00 to $400.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Finally, Oppenheimer started coverage on shares of Corpay in a report on Monday. They issued a "market perform" rating for the company. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $397.62.

About Corpay

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.