Corpay (NYSE:CPAY) Releases Earnings Results, Misses Estimates By $0.41 EPS

Corpay (NYSE:CPAY) posted its quarterly earnings data on Wednesday. The company reported $4.96 earnings per share for the quarter, missing analysts’ consensus estimates of $5.37 by ($0.41), Zacks reports. Corpay had a net margin of 26.14% and a return on equity of 39.44%. Corpay updated its Q1 2025 guidance to 4.450-4.550 EPS and its FY 2025 guidance to 20.750-21.250 EPS.

Corpay Stock Up 1.1 %

CPAY stock traded up $4.31 during trading on Thursday, hitting $392.98. 553,760 shares of the company’s stock were exchanged, compared to its average volume of 433,598. The business has a 50-day moving average price of $361.54 and a two-hundred day moving average price of $335.21. Corpay has a 52-week low of $247.10 and a 52-week high of $400.81. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $27.39 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 1.30 and a beta of 1.28.

Insider Buying and Selling at Corpay

In related news, CAO Alissa B. Vickery sold 8,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $370.04, for a total value of $2,960,320.00. Following the sale, the chief accounting officer now directly owns 1,797 shares in the company, valued at $664,961.88. The trade was a 81.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joseph W. Farrelly sold 2,975 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $375.18, for a total value of $1,116,160.50. Following the transaction, the director now directly owns 10,530 shares of the company’s stock, valued at $3,950,645.40. The trade was a 22.03 % decrease in their position. The disclosure for this sale can be found here. 6.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Royal Bank of Canada boosted their target price on shares of Corpay from $354.00 to $400.00 and gave the company a “sector perform” rating in a research note on Thursday. Wolfe Research upgraded shares of Corpay from a “peer perform” rating to an “outperform” rating and set a $420.00 price objective for the company in a research note on Wednesday, January 8th. Jefferies Financial Group increased their price target on Corpay from $375.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Morgan Stanley lifted their price objective on shares of Corpay from $350.00 to $380.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Barclays increased their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, October 28th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $392.14.

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.