Oppenheimer Has Lowered Expectations for Corpay (NYSE:CPAY) Stock Price

Corpay (NYSE:CPAY) had its price objective cut by investment analysts at Oppenheimer from $380.00 to $369.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target indicates a potential upside of 11.14% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Jefferies Financial Group reiterated a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. JPMorgan Chase & Co. decreased their target price on Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Royal Bank Of Canada increased their price objective on Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Finally, Keefe, Bruyette & Woods lowered their price objective on Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $371.15.

Corpay Trading Up 0.2%

CPAY traded up $0.51 during trading on Monday, hitting $332.01. 180,410 shares of the stock traded hands, compared to its average volume of 536,158. The firm has a market capitalization of $23.23 billion, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 1.01 and a beta of 0.84. Corpay has a 12-month low of $252.84 and a 12-month high of $400.81. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a 50-day moving average of $297.78 and a 200 day moving average of $305.97.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.63 by $0.07. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Equities research analysts anticipate that Corpay will post 19.76 EPS for the current year.

Insider Activity at Corpay

In other Corpay news, Director Steven T. Stull acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the transaction, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. This represents a 37.66% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.04% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Pensionfund Sabic bought a new stake in Corpay in the 4th quarter worth approximately $1,113,000. E. Ohman J or Asset Management AB purchased a new position in Corpay in the fourth quarter worth about $206,000. Avanza Fonder AB bought a new stake in shares of Corpay during the 4th quarter valued at about $633,000. Somerset Trust Co bought a new position in shares of Corpay in the 4th quarter worth approximately $276,000. Finally, SG Americas Securities LLC boosted its holdings in shares of Corpay by 187.6% in the fourth quarter. SG Americas Securities LLC now owns 24,276 shares of the company’s stock worth $7,305,000 after buying an additional 15,834 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

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.