NYSE:CPAY

Corpay (CPAY) Stock Price, News & Analysis

$303.80
+1.72 (+0.57%)
(As of 04/26/2024 ET)
Today's Range
$300.97
$305.90
50-Day Range
N/A
52-Week Range
$204.04
$319.94
Volume
261,308 shs
Average Volume
388,024 shs
Market Capitalization
$21.93 billion
P/E Ratio
23.02
Dividend Yield
N/A
Price Target
$360.25

Corpay MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.6% Upside
$360.25 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Corpay in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.53%
From $18.16 to $20.98 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.

2.26 out of 5 stars

Business Services Sector

174th out of 310 stocks

Business Services, Not Elsewhere Classified Industry

56th out of 88 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

Head-To-Head Survey: Corpay (CPAY) & Its Competitors
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Citigroup Increases Corpay (NYSE:CPAY) Price Target to $355.00
Corpay: Good Growth Company Trading At A Discount
In-Depth Examination Of 4 Analyst Recommendations For Corpay
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/28/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$360.25
High Stock Price Target
$376.00
Low Stock Price Target
$355.00
Potential Upside/Downside
+18.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$981.89 million
Pretax Margin
35.26%

Debt

Sales & Book Value

Annual Sales
$3.76 billion
Cash Flow
$21.00 per share
Book Value
$45.46 per share

Miscellaneous

Free Float
67,507,000
Market Cap
$21.93 billion
Optionable
Optionable
Beta
1.23
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Key Executives

  • Mr. Ronald F. Clarke (Age 68)
    Chairman, President & CEO
    Comp: $3.99M
  • Ms. Alissa B. Vickery (Age 45)
    Chief Accounting Officer
    Comp: $400.2k
  • Mr. John S. Coughlin (Age 56)
    Senior Advisor
    Comp: $968.53k
  • Mr. Armando Lins Netto (Age 56)
    Group President of Vehicle Payments in Brazil and North America
    Comp: $807.62k
  • Mr. Alan King (Age 47)
    Group President of Vehicle Payments in Europe and Australasia
    Comp: $1.05M
  • Mr. Thomas E. Panther (Age 55)
    Chief Financial Officer
  • 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

CPAY Stock Analysis - Frequently Asked Questions

Should I buy or sell Corpay stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corpay in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CPAY shares.
View CPAY analyst ratings
or view top-rated stocks.

What is Corpay's stock price target for 2024?

4 brokers have issued 12-month price targets for Corpay's stock. Their CPAY share price targets range from $355.00 to $376.00. On average, they anticipate the company's stock price to reach $360.25 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts price targets for CPAY
or view top-rated stocks among Wall Street analysts.

How have CPAY shares performed in 2024?

Corpay's stock was trading at $304.26 at the beginning of 2024. Since then, CPAY stock has decreased by 0.2% and is now trading at $303.80.
View the best growth stocks for 2024 here
.

When is Corpay's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CPAY earnings forecast
.

How can I listen to Corpay's earnings call?

Corpay will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "1155726".

How were Corpay's earnings last quarter?

Corpay, Inc. (NYSE:CPAY) announced its quarterly earnings data on Wednesday, February, 7th. The company reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.16 by $0.01. The business had revenue of $937.32 million for the quarter, compared to analysts' expectations of $968.39 million. Corpay had a net margin of 26.13% and a trailing twelve-month return on equity of 37.56%.

Who are Corpay's major shareholders?

Corpay's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (0.64%), Wedge Capital Management L L P NC (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Los Angeles Capital Management LLC (0.15%), New York State Teachers Retirement System (0.10%) and Raymond James & Associates (0.09%).

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 4/28/2024 by MarketBeat.com Staff

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