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

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

CPAY has been the topic of a number of other research reports. Keefe, Bruyette & Woods lifted their price objective on shares of Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Raymond James Financial reaffirmed an “outperform” rating and set a $442.00 price target on shares of Corpay in a report on Thursday, August 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Corpay in a research note on Friday, July 24th. Finally, Royal Bank Of Canada boosted their price objective 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. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $430.31.

Corpay Price Performance

Shares of NYSE CPAY opened at $408.69 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. Corpay has a 1-year low of $252.84 and a 1-year high of $425.95. The company has a market capitalization of $26.83 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.12 and a beta of 0.87. The business has a 50-day moving average of $380.27 and a 200-day moving average of $345.99.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating the consensus estimate of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The company’s revenue was up 21.5% on a year-over-year basis. During the same period last year, the business posted $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, equities analysts anticipate that Corpay will post 25.75 EPS for the current fiscal year.

Insider Activity

In related news, Director Steven T. Stull sold 4,000 shares of Corpay stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the sale, the director owned 23,598 shares in the company, valued at approximately $9,690,754.68. The trade was a 14.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Armando Lins Netto sold 70,476 shares of Corpay stock in a transaction on 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 completion of the sale, the insider owned 11,274 shares of the company’s stock, valued at approximately $3,969,913.62. This trade represents a 86.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 292,336 shares of company stock worth $116,573,008. 5.19% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC acquired a new stake in shares of Corpay in the 1st quarter valued at about $207,000. Woodline Partners LP grew its stake in Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock worth $2,054,000 after purchasing an additional 1,661 shares in the last quarter. Intech Investment Management LLC grew its stake in Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after purchasing an additional 778 shares in the last quarter. Marshall Wace LLP increased its holdings in Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock valued at $531,000 after buying an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. increased its holdings in Corpay by 16.0% in the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock valued at $554,000 after buying an additional 230 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

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.