Corpay, Inc. (NYSE:CPAY) Given Consensus Rating of “Moderate Buy” by Brokerages

Corpay, Inc. (NYSE:CPAY) has received an average rating of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $383.0714.

CPAY has been the topic of a number of recent research reports. Morgan Stanley reiterated an “overweight” rating and set a $400.00 price target on shares of Corpay in a research note on Sunday, May 10th. Raymond James Financial reiterated an “outperform” rating and set a $361.00 price target on shares of Corpay in a research note on Thursday, March 5th. JPMorgan Chase & Co. boosted their price target on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Loop Capital initiated coverage on shares of Corpay in a research note on Monday, May 18th. They set a “buy” rating and a $406.00 price target on the stock. Finally, Cantor Fitzgerald boosted their price target on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th.

Corpay Price Performance

Shares of CPAY opened at $356.99 on Friday. Corpay has a 1-year low of $252.84 and a 1-year high of $367.43. The stock has a market cap of $23.33 billion, a PE ratio of 21.36, a P/E/G ratio of 0.96 and a beta of 0.86. The firm has a 50-day simple moving average of $323.78 and a two-hundred day simple moving average of $317.97. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The business’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period last year, the business earned $4.51 earnings per share. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, analysts forecast that Corpay will post 25.49 EPS for the current year.

Insider Transactions at Corpay

In other Corpay news, insider Armando Lins Netto sold 2,694 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $357.01, for a total value of $961,784.94. Following the sale, the insider owned 15,834 shares of the company’s stock, valued at $5,652,896.34. This trade represents a 14.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders sold 17,201 shares of company stock valued at $6,126,597. 5.19% of the stock is owned by company insiders.

Institutional Investors Weigh In On Corpay

Hedge funds have recently bought and sold shares of the stock. Hendershot Investments Inc. raised its position in Corpay by 37.5% in the 3rd quarter. Hendershot Investments Inc. now owns 51,779 shares of the company’s stock valued at $14,915,000 after purchasing an additional 14,128 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Corpay by 5.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 138,858 shares of the company’s stock worth $39,999,000 after buying an additional 7,397 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Corpay by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock worth $2,357,100,000 after buying an additional 58,235 shares during the last quarter. Citigroup Inc. lifted its holdings in Corpay by 35.2% during the 3rd quarter. Citigroup Inc. now owns 86,004 shares of the company’s stock worth $24,774,000 after buying an additional 22,401 shares during the last quarter. Finally, Tredje AP fonden lifted its holdings in Corpay by 54.0% during the 3rd quarter. Tredje AP fonden now owns 8,877 shares of the company’s stock worth $2,557,000 after buying an additional 3,112 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

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.