Corpay (NYSE:CPAY) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Corpay from “buy” to “hold,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $426.08.
• Corpay reported quarterly earnings of $7.00 per share, exceeding estimates of $6.58, while revenue rose 21.5% year over year to $1.34 billion. The company issued third-quarter EPS guidance of $7.05–$7.25 and full-year guidance of $27.15–$27.55.
• Shares opened at $418.01 after declining 1.7%; insiders sold approximately $31.3 million of stock in the latest quarter, while institutional investors continue to hold a dominant 98.84% ownership stake.

Corpay (NYSE:CPAY - Get Free Report) was downgraded by Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Saturday.

Other research analysts have also recently issued reports about the stock. Morgan Stanley set a $455.00 price target on shares of Corpay in a report on Friday, August 7th. JPMorgan Chase & Co. boosted their price objective on Corpay from $400.00 to $470.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. UBS Group upped their target price on Corpay from $385.00 to $415.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Oppenheimer reissued an "outperform" rating and set a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price target on Corpay from $363.00 to $423.00 and gave the stock a "sector perform" rating in a report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $426.08.

Corpay Trading Down 1.7%

CPAY stock opened at $418.01 on Friday. Corpay has a one year low of $252.84 and a one year high of $425.95. The stock has a market cap of $27.45 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 1.17 and a beta of 0.87. The company has a fifty day moving average price of $365.58 and a two-hundred day moving average price of $340.94. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.98.

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

Insider Activity

In other Corpay news, insider Armando Lins Netto sold 70,476 shares of the business's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $352.13, for a total value of $24,816,713.88. Following the completion of the sale, the insider owned 11,274 shares of the company's stock, valued at $3,969,913.62. The trade was a 86.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Steven T. Stull sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total transaction of $360,780.00. Following the transaction, the director owned 28,241 shares in the company, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 88,677 shares of company stock valued at $31,304,091 in the last quarter. Corporate insiders own 5.19% of the company's stock.

Institutional Investors Weigh In On Corpay

A number of large investors have recently added to or reduced their stakes in CPAY. Integrated Wealth Concepts LLC acquired a new position in Corpay in the 1st quarter valued at $207,000. Woodline Partners LP increased its position in shares of Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company's stock worth $2,054,000 after purchasing an additional 1,661 shares during the period. Intech Investment Management LLC increased its position in shares of Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company's stock worth $1,165,000 after purchasing an additional 778 shares during the period. Marshall Wace LLP raised its stake in Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company's stock valued at $531,000 after purchasing an additional 900 shares in the last quarter. Finally, Brown Advisory Inc. raised its stake in Corpay by 16.0% in the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company's stock valued at $554,000 after purchasing an additional 230 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Corpay Company Profile

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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