Free Trial
NYSE:CPAY

Corpay (CPAY) Stock Price, News & Analysis

$292.17
+6.61 (+2.31%)
(As of 07/26/2024 ET)
Today's Range
$285.66
$296.44
50-Day Range
$249.65
$297.52
52-Week Range
$220.39
$319.94
Volume
316,001 shs
Average Volume
470,561 shs
Market Capitalization
$20.53 billion
P/E Ratio
21.74
Dividend Yield
N/A
Price Target
$333.91

Corpay MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
14.3% Upside
$333.91 Price Target
Short Interest
Bearish
3.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Corpay in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.15%
From $17.82 to $20.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.38 out of 5 stars

Business Services Sector

106th out of 317 stocks

Business Services, Not Elsewhere Classified Industry

47th out of 93 stocks

CPAY stock logo

About Corpay Stock (NYSE:CPAY)

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. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.

CPAY Stock Price History

CPAY Stock News Headlines

Corpay (NYSE:CPAY) and Edgio (NASDAQ:EGIO) Critical Contrast
Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
3 Stocks to Buy to Ride Atlanta's Impressive Growth
Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
Corpay to Acquire Cross-Border Payments Company
See More Headlines
Receive CPAY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Corpay and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/08/2024
Today
7/27/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Employees
10,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$333.91
High Stock Price Target
$376.00
Low Stock Price Target
$285.00
Potential Upside/Downside
+14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$981.89 million
Pretax Margin
35.22%

Debt

Sales & Book Value

Annual Sales
$3.76 billion
Cash Flow
$21.45 per share
Book Value
$45.46 per share

Miscellaneous

Free Float
65,983,000
Market Cap
$20.53 billion
Optionable
Optionable
Beta
1.20
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Ronald F. Clarke (Age 68)
    Chairman, President & CEO
    Comp: $1.23M
  • Mr. Thomas E. Panther (Age 55)
    Chief Financial Officer
    Comp: $407.19k
  • Ms. Alissa B. VickeryMs. Alissa B. Vickery (Age 45)
    Chief Accounting Officer
    Comp: $289.62k
  • Mr. Armando Lins Netto (Age 56)
    Group President of Vehicle Payments in Brazil and North America
    Comp: $550.29k
  • Mr. Alan King (Age 47)
    Group President of Vehicle Payments in Europe and Australasia
    Comp: $861.34k
  • Mr. Scott A. Dufour (Age 55)
    Chief Information Officer
  • Mr. James P. Eglseder
    Head of Investor Relations
  • Mr. Daniel S. Fishbein (Age 50)
    General Counsel
  • Mr. Steve C. Greene
    Executive Vice President of Corporate Development & Strategy
  • Mr. Dan Csont
    Chief Marketing Officer

CPAY Stock Analysis - Frequently Asked Questions

How have CPAY shares performed this year?

Corpay's stock was trading at $304.26 on January 1st, 2024. Since then, CPAY stock has decreased by 4.0% and is now trading at $292.17.
View the best growth stocks for 2024 here
.

How were Corpay's earnings last quarter?

Corpay, Inc. (NYSE:CPAY) released its quarterly earnings results on Wednesday, May, 8th. The company reported $3.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.04. The business earned $935.25 million during the quarter, compared to the consensus estimate of $936.25 million. Corpay had a net margin of 26.29% and a trailing twelve-month return on equity of 36.97%.

Who are Corpay's major shareholders?

Corpay's top institutional shareholders include Bank of New York Mellon Corp (0.62%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Assenagon Asset Management S.A. (0.19%) and Swedbank AB (0.18%).
View institutional ownership trends
.

How do I buy shares of Corpay?

Shares of CPAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPAY) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners