Corpay (NYSE:CPAY) Rating Lowered to Hold at Wall Street Zen

Corpay (NYSE:CPAY) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other research firms have also weighed in on CPAY. Royal Bank Of Canada upped their target price on shares of Corpay from $363.00 to $423.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. Morgan Stanley set a $455.00 price target on Corpay in a research note on Friday, August 7th. Oppenheimer reissued an “outperform” rating and set a $388.00 price objective on shares of Corpay in a report on Friday, May 8th. Raymond James Financial reissued an “outperform” rating and set a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. increased their price objective on Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Corpay currently has an average rating of “Moderate Buy” and an average price target of $426.08.

Corpay Stock Performance

Shares of CPAY stock opened at $418.01 on Friday. The firm has a market capitalization of $27.45 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 1.15 and a beta of 0.87. The firm has a fifty day simple moving average of $365.58 and a two-hundred day simple moving average of $340.87. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. Corpay has a 12 month low of $252.84 and a 12 month high of $425.95.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period last year, the firm earned $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Analysts forecast that Corpay will post 25.75 EPS for the current fiscal year.

Insider Activity

In related news, Director Steven T. Stull sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the transaction, the director directly owned 28,241 shares of the company’s stock, valued at $10,188,787.98. This trade represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Armando Lins Netto sold 70,476 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the transaction, the insider owned 11,274 shares in the company, valued at approximately $3,969,913.62. This trade represents a 86.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 88,677 shares of company stock valued at $31,304,091. 5.19% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Corpay

Hedge funds have recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in shares of Corpay by 141.3% in the 1st quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company’s stock worth $1,598,000 after buying an additional 3,215 shares during the last quarter. Moran Wealth Management LLC grew its position in Corpay by 77.9% during the first quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock valued at $11,020,000 after buying an additional 16,586 shares during the period. Louisiana State Employees Retirement System purchased a new stake in Corpay during the first quarter worth about $1,048,000. Procyon Advisors LLC increased its holdings in Corpay by 78.0% during the first quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock worth $1,850,000 after buying an additional 2,786 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in Corpay by 4,657.7% during the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company’s stock worth $314,193,000 after buying an additional 1,022,129 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Corpay Company Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.