Corpay (NYSE:CPAY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Corpay (NYSE:CPAY) from a hold rating to a buy rating in a research note released on Saturday morning.

CPAY has been the subject of several other research reports. Scotiabank raised shares of Corpay to a “sector outperform” rating in a report on Monday, January 26th. Royal Bank Of Canada raised their price objective on shares of Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 5th. Morgan Stanley boosted their price objective on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Cantor Fitzgerald upped their target price on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $361.00 target price on shares of Corpay in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $377.57.

Corpay Stock Performance

CPAY opened at $325.75 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. Corpay has a 12-month low of $252.84 and a 12-month high of $361.99. The business has a 50 day moving average of $325.97 and a 200-day moving average of $306.87. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 0.91 and a beta of 0.80.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, equities research analysts expect that Corpay will post 19.76 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Steven T. Stull bought 8,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was bought at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the transaction, the director owned 29,241 shares of the company’s stock, valued at $9,210,330.18. This represents a 37.66% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Alissa B. Vickery sold 1,701 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the transaction, the chief accounting officer owned 2,180 shares of the company’s stock, valued at $781,857. The trade was a 43.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.04% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Corpay

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPAY. MV Capital Management Inc. bought a new position in shares of Corpay in the 4th quarter valued at $25,000. Leonteq Securities AG acquired a new stake in Corpay in the fourth quarter valued at about $27,000. BOKF NA grew its position in Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after acquiring an additional 94 shares during the last quarter. Torren Management LLC bought a new position in Corpay in the fourth quarter valued at about $29,000. Finally, DV Equities LLC acquired a new position in Corpay during the fourth quarter worth about $30,000. 98.84% of the stock is currently owned by institutional investors.

About Corpay

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.