Wall Street Zen upgraded shares of Corpay (NYSE:CPAY – Free Report) from a hold rating to a buy rating in a research report report published on Monday morning.
A number of other brokerages have also recently weighed in on CPAY. Morgan Stanley boosted their price objective 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. UBS Group raised their target price on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Oppenheimer reiterated an “outperform” rating and issued a $378.00 target price on shares of Corpay in a report on Thursday, February 5th. Raymond James Financial reissued an “outperform” rating and set a $361.00 target price on shares of Corpay in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $377.57.
Check Out Our Latest Analysis on Corpay
Corpay Stock Performance
Corpay (NYSE:CPAY – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the business earned $5.36 EPS. The firm’s revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, equities research analysts forecast that Corpay will post 19.76 earnings per share for the current fiscal year.
Insider Transactions at Corpay
In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 5.04% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Corpay
Hedge funds have recently made changes to their positions in the stock. MV Capital Management Inc. bought a new position in Corpay during the fourth quarter valued at about $25,000. Leonteq Securities AG bought a new stake in shares of Corpay in the 4th quarter worth approximately $27,000. BOKF NA lifted its position in shares of Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after acquiring an additional 94 shares during the period. Torren Management LLC acquired a new stake in shares of Corpay during the 4th quarter worth approximately $29,000. Finally, DV Equities LLC acquired a new stake in shares of Corpay during the 4th quarter worth approximately $30,000. Institutional investors own 98.84% of the company’s stock.
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.
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