CorpayCPAY
CPAY
About: Corpay Inc is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Its suite of modern payment solutions helps its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings), and payables (e.g. paying vendors). This results in its customers saving time and ultimately spending less.
Employees: 10,500
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
177% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 48
160% more call options, than puts
Call options by funds: $62M | Put options by funds: $23.8M
18% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 204
10% more funds holding
Funds holding: 600 [Q3] → 662 (+62) [Q4]
9% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 12 (+1) [Q4]
1% more capital invested
Capital invested by funds: $21.6B [Q3] → $21.8B (+$284M) [Q4]
6.86% less ownership
Funds ownership: 99.43% [Q3] → 92.57% (-6.86%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$375
3%
upside
Avg. target
$410
13%
upside
High target
$445
22%
upside
6 analyst ratings
3 positive
50%
3 neutral
50%
0 negative
0%
Raymond James John Davis 56% 1-year accuracy 5 / 9 met price target | 15%upside $417 | Outperform Maintained | 6 Feb 2025 |
RBC Capital Daniel Perlin 77% 1-year accuracy 41 / 53 met price target | 10%upside $400 | Sector Perform Maintained | 6 Feb 2025 |
Keefe, Bruyette & Woods Sanjay Sakhrani 77% 1-year accuracy 30 / 39 met price target | 22%upside $445 | Outperform Maintained | 6 Feb 2025 |
Morgan Stanley James Faucette 75% 1-year accuracy 21 / 28 met price target | 4%upside $380 | Equal-Weight Maintained | 6 Feb 2025 |
Wells Fargo Andrew Bauch 76% 1-year accuracy 28 / 37 met price target | 3%upside $375 | Equal-Weight Maintained | 16 Jan 2025 |
Financial journalist opinion
Based on 14 articles about CPAY published over the past 30 days
Neutral
Business Wire
1 day ago
Corpay Cross-Border Named the Official FX Payments Supplier of the FIG
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with the Federation Internationale de Gymnastique (FIG), the world governing body for gymnastics recognised by the International Olympic Committee (IOC), to become their Official Foreign Exchange Payments Supplier. Through this partnership, the FIG will be able to utilise Corpay Cross Border's innovative solutions t.
Positive
Investors Business Daily
1 day ago
Top Funds Scoop Up These 5 Fintech Stocks As One Teases A Breakout
Top funds show an affinity for fintech stocks, including Coinbase, Sezzle, Fiserv and Corpay as the S&P 500 member tests a breakout. The post Top Funds Scoop Up These 5 Fintech Stocks As One Teases A Breakout appeared first on Investor's Business Daily.
Neutral
Business Wire
1 week ago
Corpay Cross-Border Launches Multi-Currency Accounts
TORONTO--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global leader in corporate payments, is thrilled to announce that Corpay's Cross-Border business has introduced Multi-Currency Accounts, enabling ever-growing businesses to expand their global footprints while enjoying hassle-free and seamless foreign currency management, in one single point of access. While embarking on the exciting milestone of expanding into new markets and engaging with customers globally, businesses often encounter cha.
Positive
Zacks Investment Research
2 weeks ago
Corpay Earnings Surpass Estimates in Q4, Revenues Appreciate 10% Y/Y
The corporate payments segment is the primary driver of CPAY's fourth-quarter 2024 top line.
Neutral
Seeking Alpha
2 weeks ago
Corpay, Inc. (CPAY) Q4 2024 Earnings Call Transcript
Corpay, Inc. (NYSE:CPAY ) Q4 2024 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Jim Eglseder - Head, IR Ron Clarke - CEO Tom Panther - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Sanjay Sakhrani - KBW Andrew Schmidt - Citi Global Markets Andrew Jeffrey - William Blair Darrin Peller - Wolfe Research David Koning - Baird Ramsey El-Assal - Barclays Nate Svensson - Deutsche Bank Andrew Bauch - Wells Fargo Operator Greetings, and welcome to the Corpay Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Neutral
Zacks Investment Research
2 weeks ago
Corpay (CPAY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Corpay (CPAY) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
2 weeks ago
Corpay (CPAY) Q4 Earnings Beat Estimates
Corpay (CPAY) came out with quarterly earnings of $5.36 per share, beating the Zacks Consensus Estimate of $5.33 per share. This compares to earnings of $4.44 per share a year ago.
Positive
Reuters
2 weeks ago
Corpay's fourth-quarter profit jumps on boost from corporate, lodging units
Business payments firm Corpay reported an 18% jump in its fourth-quarter profit on Wednesday, driven by a strong performance in the corporate and lodging segments as customers ramped up spending.
Neutral
Business Wire
2 weeks ago
Corpay Reports Fourth Quarter and Full Year 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its fourth quarter and year ended December 31, 2024. “We had a great finish to 2024, delivering fourth quarter organic revenue growth of 12% and adjusted EPS growth of 21%, which are both above our mid-term growth targets,” said Ron Clarke, chairman and chief executive officer, Corpay, Inc. “We delivered Corporate Payments growth of 20% for the full year, and we made meaningfu.
Neutral
Zacks Investment Research
2 weeks ago
Unveiling Corpay (CPAY) Q4 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Corpay (CPAY) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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