UBS Group Has Lowered Expectations for Corpay (NYSE:CPAY) Stock Price

Corpay (NYSE:CPAY) had its price target reduced by analysts at UBS Group from $340.00 to $315.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price would suggest a potential upside of 14.07% from the company’s previous close.

Several other analysts have also recently issued reports on the company. Raymond James Financial set a $392.00 price objective on Corpay and gave the company an “outperform” rating in a research note on Thursday, August 7th. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research report on Monday. Weiss Ratings restated a “buy (b-)” rating on shares of Corpay in a research note on Wednesday, October 8th. Williams Trading set a $300.00 price objective on shares of Corpay in a report on Monday. Finally, Royal Bank Of Canada increased their target price on shares of Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a report on Thursday. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $379.71.

Corpay Trading Down 0.7%

CPAY opened at $276.15 on Thursday. Corpay has a 12-month low of $252.84 and a 12-month high of $400.81. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $19.50 billion, a PE ratio of 18.76, a P/E/G ratio of 1.02 and a beta of 0.95. The firm’s fifty day moving average price is $291.81 and its 200 day moving average price is $315.48.

Corpay (NYSE:CPAY) last announced its quarterly earnings data 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. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Corpay had a net margin of 25.17% and a return on equity of 39.13%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the business earned $5.00 EPS. 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 EPS for the current fiscal year.

Institutional Investors Weigh In On Corpay

Several large investors have recently made changes to their positions in the company. CenterBook Partners LP boosted its position in shares of Corpay by 7.3% during the third quarter. CenterBook Partners LP now owns 21,246 shares of the company’s stock worth $6,120,000 after buying an additional 1,451 shares during the period. Martin & Co. Inc. TN raised its stake in Corpay by 0.4% during the 3rd quarter. Martin & Co. Inc. TN now owns 17,451 shares of the company’s stock valued at $5,027,000 after acquiring an additional 67 shares in the last quarter. NEOS Investment Management LLC boosted its position in Corpay by 83.2% during the 3rd quarter. NEOS Investment Management LLC now owns 1,781 shares of the company’s stock worth $513,000 after acquiring an additional 809 shares during the period. Vanguard Group Inc. boosted its position in Corpay by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock worth $2,357,100,000 after acquiring an additional 58,235 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its stake in shares of Corpay by 5.3% in the third quarter. State of New Jersey Common Pension Fund D now owns 22,756 shares of the company’s stock worth $6,555,000 after purchasing an additional 1,141 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Company Profile

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.