CorpayCPAY
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
619% more call options, than puts
Call options by funds: $45.7M | Put options by funds: $6.35M
51% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 59
22% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 11 (+2) [Q3]
14% more capital invested
Capital invested by funds: $18.9B [Q2] → $21.6B (+$2.69B) [Q3]
4% more funds holding
Funds holding: 576 [Q2] → 598 (+22) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 208
1.36% less ownership
Funds ownership: 100.78% [Q2] → 99.42% (-1.36%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Andrew Bauch 67% 1-year accuracy 26 / 39 met price target | 1%upside $375 | Equal-Weight Maintained | 16 Jan 2025 |
Keefe, Bruyette & Woods Sanjay Sakhrani 74% 1-year accuracy 26 / 35 met price target | 12%upside $415 | Outperform Maintained | 6 Jan 2025 |
BMO Capital Rufus Hone 83% 1-year accuracy 20 / 24 met price target | 19%upside $440 | Outperform Maintained | 13 Dec 2024 |
Citigroup Peter Christiansen 64% 1-year accuracy 9 / 14 met price target | 16%upside $430 | Buy Maintained | 14 Nov 2024 |
Morgan Stanley James Faucette 59% 1-year accuracy 16 / 27 met price target | 6%downside $350 | Equal-Weight Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 3 articles about CPAY published over the past 30 days