Corpay Stock: A Deep Dive Into Analyst Perspectives (10 Ratings)

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10 analysts have shared their evaluations of Corpay CPAY during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 5 4 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 0 0 0
2M Ago 0 2 0 0 0
3M Ago 1 2 3 0 0

Analysts have set 12-month price targets for Corpay, revealing an average target of $389.5, a high estimate of $440.00, and a low estimate of $320.00. This current average has increased by 7.6% from the previous average price target of $362.00.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

In examining recent analyst actions, we gain insights into how financial experts perceive Corpay. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Andrew Bauch Wells Fargo Raises Equal-Weight $375.00 $340.00
Sanjay Sakhrani Keefe, Bruyette & Woods Lowers Outperform $415.00 $425.00
Rufus Hone BMO Capital Raises Outperform $440.00 $400.00
Sanjay Sakhrani Keefe, Bruyette & Woods Raises Outperform $425.00 $400.00
Peter Christiansen Citigroup Raises Buy $430.00 $405.00
James Faucette Morgan Stanley Raises Equal-Weight $350.00 $325.00
Sanjay Sakhrani Keefe, Bruyette & Woods Raises Outperform $400.00 $380.00
James Faucette Morgan Stanley Raises Equal-Weight $325.00 $275.00
Ramsey El-Assal Barclays Raises Overweight $415.00 $385.00
Andrew Bauch Wells Fargo Raises Equal-Weight $320.00 $285.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Corpay. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.

For valuable insights into Corpay's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Corpay analyst ratings.

About Corpay

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.

A Deep Dive into Corpay's Financials

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Corpay's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.01% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 26.86%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Corpay's ROE excels beyond industry benchmarks, reaching 9.47%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Corpay's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.63%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Corpay's debt-to-equity ratio stands notably higher than the industry average, reaching 2.51. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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

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