Oppenheimer Cuts Corpay (NYSE:CPAY) Price Target to $369.00

Corpay (NYSE:CPAY) had its target price decreased by Oppenheimer from $380.00 to $369.00 in a research note issued to investors on Monday,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a report on Monday, November 3rd. JPMorgan Chase & Co. dropped their target price on Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a research note on Monday, December 29th. UBS Group reduced their price target on Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Finally, Wall Street Zen lowered Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Seven 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.com, the company presently has an average rating of “Moderate Buy” and an average target price of $366.25.

Corpay Trading Down 1.0%

Shares of NYSE:CPAY opened at $327.85 on Monday. Corpay has a 12-month low of $252.84 and a 12-month high of $400.81. The company has a market capitalization of $22.94 billion, a PE ratio of 22.26, a PEG ratio of 1.01 and a beta of 0.84. The business has a 50 day moving average of $301.85 and a two-hundred day moving average of $306.18. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.41.

Corpay (NYSE:CPAY) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 EPS for the quarter, topping analysts’ consensus estimates of $5.63 by $0.07. The business 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 business’s revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. As a group, analysts forecast that Corpay will post 19.76 EPS for the current year.

Insider Buying and Selling

In other news, Director Steven T. Stull purchased 8,000 shares of the stock in a transaction dated Friday, December 12th. The shares were purchased at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 5.04% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CPAY. Nordea Investment Management AB lifted its stake in Corpay by 50.1% in the 2nd quarter. Nordea Investment Management AB now owns 20,297 shares of the company’s stock worth $6,670,000 after purchasing an additional 6,775 shares in the last quarter. Czech National Bank increased its holdings in shares of Corpay by 7.6% in the second quarter. Czech National Bank now owns 17,230 shares of the company’s stock valued at $5,717,000 after purchasing an additional 1,219 shares during the last quarter. Vantage Investment Partners LLC lifted its position in Corpay by 28.4% during the second quarter. Vantage Investment Partners LLC now owns 119,272 shares of the company’s stock worth $39,577,000 after buying an additional 26,400 shares in the last quarter. Hendershot Investments Inc. lifted its position in Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock worth $12,493,000 after buying an additional 3,970 shares in the last quarter. Finally, Kestra Investment Management LLC boosted its stake in Corpay by 55,800.0% during the second quarter. Kestra Investment Management LLC now owns 3,354 shares of the company’s stock worth $1,113,000 after buying an additional 3,348 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

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.