Corpay (NYSE:CPAY) Reaches New 1-Year High – What’s Next?

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

Wall Street Analysts Forecast Growth

CPAY has been the topic of several recent analyst reports. Loop Capital started coverage on shares of Corpay in a research note on Monday, May 18th. They set a “buy” rating and a $406.00 target price on the stock. Royal Bank Of Canada lifted their price target on Corpay from $423.00 to $438.00 and gave the company a “sector perform” rating in a research note on Monday. Oppenheimer reaffirmed an “outperform” rating and issued a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Keefe, Bruyette & Woods increased their price target on Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, Wolfe Research raised their price objective on Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. 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, Corpay currently has an average rating of “Moderate Buy” and a consensus target price of $438.93.

Corpay Price Performance

The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $27.30 billion, a price-to-earnings ratio of 25.31, a PEG ratio of 1.11 and a beta of 0.87. The stock’s 50-day simple moving average is $383.68 and its two-hundred day simple moving average is $347.80.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (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 analyst estimates of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company’s revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter last year, the business earned $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Equities research analysts predict that Corpay, Inc will post 25.75 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Armando Lins Netto sold 70,476 shares of Corpay stock in a transaction that occurred 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 transaction, the insider owned 11,274 shares in the company, valued at approximately $3,969,913.62. This trade represents a 86.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Steven T. Stull sold 4,000 shares of Corpay stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total value of $1,642,640.00. Following the transaction, the director owned 23,598 shares in the company, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 291,336 shares of company stock valued at $116,212,228 in the last ninety days. 5.19% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Corpay

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MV Capital Management Inc. purchased a new stake in Corpay in the fourth quarter valued at $25,000. Leonteq Securities AG acquired a new stake in shares of Corpay during the 4th quarter worth about $27,000. Axiom Investment Management LLC acquired a new stake in shares of Corpay during the 1st quarter worth about $27,000. BOKF NA raised its holdings in 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 during the period. Finally, DV Equities LLC acquired a new position in Corpay in the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

About Corpay

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.