Corpay (NYSE:CPAY) Upgraded to “Buy” at Wall Street Zen

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

A number of other equities analysts have also recently weighed in on CPAY. Cantor Fitzgerald boosted their price target on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. JPMorgan Chase & Co. lifted their price objective on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Royal Bank Of Canada boosted their target price on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Raymond James Financial restated an “outperform” rating and issued a $361.00 target price on shares of Corpay in a report on Thursday. Finally, Morgan Stanley raised their price target on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Corpay currently has an average rating of “Moderate Buy” and an average price target of $377.57.

Corpay Trading Down 3.0%

Shares of CPAY opened at $314.57 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 1.13. Corpay has a 1-year low of $252.84 and a 1-year high of $361.99. The stock has a market cap of $22.01 billion, a price-to-earnings ratio of 20.92, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. The firm has a 50 day simple moving average of $325.63 and a 200-day simple moving average of $306.88.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.Corpay’s revenue was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts forecast that Corpay will post 19.76 EPS for the current fiscal year.

Insider Buying and Selling at Corpay

In other Corpay news, Director Steven T. Stull bought 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The shares were purchased at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total value of $610,063.65. Following the transaction, the chief accounting officer owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On Corpay

Hedge funds have recently modified their holdings of the stock. HB Wealth Management LLC increased its position in Corpay by 1.9% during the fourth quarter. HB Wealth Management LLC now owns 1,741 shares of the company’s stock worth $524,000 after purchasing an additional 33 shares during the last quarter. KBC Group NV boosted its holdings in shares of Corpay by 0.4% in the 4th quarter. KBC Group NV now owns 9,318 shares of the company’s stock valued at $2,804,000 after purchasing an additional 36 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Corpay by 4.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock valued at $254,000 after purchasing an additional 37 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of Corpay by 35.5% during the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock valued at $45,000 after buying an additional 39 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Corpay by 1.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock worth $919,000 after buying an additional 39 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Company Profile

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.