In-Depth Examination Of 4 Analyst Recommendations For Corpay

Corpay CPAY underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated Corpay and provided 12-month price targets. The average target is $360.25, accompanied by a high estimate of $376.00 and a low estimate of $355.00. Observing a 5.57% increase, the current average has risen from the previous average price target of $341.25.

Diving into Analyst Ratings: An In-Depth Exploration

The analysis of recent analyst actions sheds light on the perception of Corpay by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Corpay. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Corpay compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Corpay's stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Corpay's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Corpay analyst ratings.

Discovering Corpay: A Closer Look

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.

Corpay: Delving into Financials

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Corpay's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.08% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: Corpay's net margin excels beyond industry benchmarks, reaching 27.3%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Corpay's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.07% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Corpay's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.66%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.05, caution is advised due to increased financial risk.

Analyst Ratings: Simplified

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.