Corpay (NYSE:CPAY) Sets New 12-Month High – What’s Next?

Corpay, Inc (NYSE:CPAY) shares hit a new 52-week high on Thursday . The stock traded as high as $427.46 and last traded at $419.89, with a volume of 16520 shares trading hands. The stock had previously closed at $416.40.

Analysts Set New Price Targets

CPAY has been the topic of a number of research reports. Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Raymond James Financial restated an “outperform” rating and set a $442.00 price objective on shares of Corpay in a research report on Thursday, August 6th. UBS Group boosted their price objective on Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Wolfe Research upped their target price on Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Finally, Morgan Stanley set a $455.00 target price on Corpay in a research note on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Corpay currently has a consensus rating of “Moderate Buy” and an average price target of $438.93.

Corpay Price Performance

The firm has a market capitalization of $27.32 billion, a price-to-earnings ratio of 25.33, a P/E/G ratio of 1.15 and a beta of 0.87. The company’s 50 day moving average is $386.15 and its 200 day moving average is $348.93. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last issued its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping the consensus estimate of $6.58 by $0.42. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business’s revenue was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 research analysts anticipate that Corpay, Inc will post 25.75 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the sale, the chief executive officer owned 2,354,330 shares of the company’s stock, valued at $970,925,692. This represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Steven T. Stull sold 2,357 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $413.62, for a total value of $974,902.34. Following the transaction, the director owned 21,241 shares in the company, valued at approximately $8,785,702.42. This trade represents a 9.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 291,336 shares of company stock worth $116,212,228. Corporate insiders own 5.19% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CPAY. MV Capital Management Inc. bought a new stake in Corpay during the fourth quarter worth about $25,000. Leonteq Securities AG bought a new position in Corpay in the 4th quarter valued at about $27,000. Axiom Investment Management LLC bought a new position in Corpay in the 1st quarter valued at about $27,000. BOKF NA raised its position in shares of Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock valued at $28,000 after buying an additional 94 shares in the last quarter. Finally, DV Equities LLC acquired a new position in shares of Corpay in the 4th quarter valued at approximately $30,000. 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.