Corpay (NYSE:CPAY) Issues Earnings Results, Misses Estimates By $0.41 EPS

Corpay (NYSE:CPAY) released its quarterly earnings data on Wednesday. The company reported $4.96 earnings per share for the quarter, missing analysts’ consensus estimates of $5.37 by ($0.41), Zacks reports. Corpay had a return on equity of 39.44% and a net margin of 26.14%. Corpay updated its Q1 2025 guidance to 4.450-4.550 EPS and its FY 2025 guidance to 20.750-21.250 EPS.

Corpay Stock Performance

Shares of CPAY stock traded up $4.31 during trading on Thursday, reaching $392.98. The company had a trading volume of 553,760 shares, compared to its average volume of 433,598. The firm’s 50 day simple moving average is $361.54 and its two-hundred day simple moving average is $335.21. Corpay has a one year low of $247.10 and a one year high of $400.81. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $27.39 billion, a PE ratio of 27.99, a PEG ratio of 1.30 and a beta of 1.28.

Insider Buying and Selling at Corpay

In related news, CAO Alissa B. Vickery sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $370.04, for a total transaction of $2,960,320.00. Following the completion of the transaction, the chief accounting officer now owns 1,797 shares in the company, valued at $664,961.88. This trade represents a 81.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph W. Farrelly sold 2,975 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $375.18, for a total value of $1,116,160.50. Following the completion of the sale, the director now directly owns 10,530 shares in the company, valued at approximately $3,950,645.40. This represents a 22.03 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.10% of the company’s stock.

Analysts Set New Price Targets

CPAY has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their target price on shares of Corpay from $340.00 to $375.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Morgan Stanley lifted their price target on Corpay from $350.00 to $380.00 and gave the company an “equal weight” rating in a research report on Thursday. Keefe, Bruyette & Woods upped their price objective on Corpay from $415.00 to $445.00 and gave the company an “outperform” rating in a report on Thursday. Royal Bank of Canada boosted their price target on shares of Corpay from $354.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Barclays raised their target price on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. Three research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $392.14.

About Corpay

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.