Corpay (NYSE:CPAY) Rating Increased to Strong-Buy at Cantor Fitzgerald

Cantor Fitzgerald upgraded shares of Corpay (NYSE:CPAY) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Several other equities research analysts also recently issued reports on the company. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Scotiabank upgraded Corpay to a “sector outperform” rating in a research report on Monday. Williams Trading set a $300.00 target price on shares of Corpay in a report on Monday, November 3rd. Keefe, Bruyette & Woods reduced their price target on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada raised their price objective on shares of Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $369.46.

Corpay Trading Down 0.4%

NYSE:CPAY traded down $1.26 during mid-day trading on Tuesday, hitting $316.71. The company had a trading volume of 91,616 shares, compared to its average volume of 497,207. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $400.81. The firm has a market cap of $22.16 billion, a P/E ratio of 21.50, a P/E/G ratio of 0.99 and a beta of 0.84. The business’s fifty day moving average is $309.15 and its two-hundred day moving average is $305.12.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping the consensus estimate of $5.63 by $0.07. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the business posted $5.00 earnings per share. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. As a group, research analysts expect that Corpay will post 19.76 earnings per share for the current year.

Insider Buying and Selling at Corpay

In other news, Director Steven T. Stull bought 8,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was acquired 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 owned 29,241 shares of the company’s stock, valued at $9,210,330.18. This represents a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 5.04% of the company’s stock.

Institutional Trading of Corpay

A number of institutional investors have recently bought and sold shares of CPAY. Vanguard Group Inc. boosted its stake in shares of Corpay by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after purchasing an additional 58,235 shares in the last quarter. Orbis Allan Gray Ltd boosted its position in Corpay by 3.3% in the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after buying an additional 124,368 shares in the last quarter. State Street Corp grew its stake in shares of Corpay by 0.8% during the third quarter. State Street Corp now owns 2,956,744 shares of the company’s stock worth $851,720,000 after buying an additional 23,470 shares during the last quarter. Boston Partners increased its holdings in shares of Corpay by 5.8% during the second quarter. Boston Partners now owns 2,289,271 shares of the company’s stock worth $758,536,000 after buying an additional 125,331 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Corpay by 4.4% during the second quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after buying an additional 84,198 shares in the last quarter. 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.