Corpay (NYSE:CPAY) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Corpay (NYSE:CPAY) from a hold rating to a buy rating in a research note released on Monday.

Other research analysts also recently issued reports about the company. Oppenheimer reissued an “outperform” rating and issued a $378.00 price target on shares of Corpay in a report on Thursday, February 5th. Cantor Fitzgerald raised their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Royal Bank Of Canada lifted their target price on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a report on Thursday, February 5th. Morgan Stanley boosted their target price on shares of Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Finally, Mizuho raised their price target on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Corpay presently has an average rating of “Moderate Buy” and a consensus target price of $377.57.

Corpay Price Performance

Shares of CPAY opened at $294.09 on Monday. The business’s 50-day moving average is $324.19 and its two-hundred day moving average is $305.61. The company has a market capitalization of $20.57 billion, a P/E ratio of 19.55, a P/E/G ratio of 0.83 and a beta of 0.80. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $361.99. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.98 and a current ratio of 0.98.

Corpay (NYSE:CPAY) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Research analysts predict that Corpay will post 19.76 earnings per share for the current year.

Insider Buying and Selling

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was 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 of the company’s stock, valued at approximately $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.04% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its stake in Corpay by 168,603.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the company’s stock valued at $448,282,000 after acquiring an additional 1,488,772 shares during the period. M&T Bank Corp raised its position in Corpay by 4,657.7% during the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock worth $314,193,000 after acquiring an additional 1,022,129 shares during the period. Norges Bank purchased a new position in Corpay during the fourth quarter valued at $266,190,000. Orbis Allan Gray Ltd lifted its holdings in Corpay by 20.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the company’s stock valued at $1,501,029,000 after purchasing an additional 859,854 shares in the last quarter. Finally, Spruce House Investment Management LLC grew its position in shares of Corpay by 95.3% in the fourth quarter. Spruce House Investment Management LLC now owns 830,000 shares of the company’s stock valued at $249,772,000 after purchasing an additional 405,000 shares during the period. Hedge funds and other 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.