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Corpay Inc (CPAY)
NYSE:CPAY
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CPAY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$220.39 - $355.47
Previous Close$343.89
Volume122.48K
Average Volume (3M)446.46K
Market Cap
$24.33B
Enterprise Value$29.88B
Total Cash (Recent Filing)$1.36B
Total Debt (Recent Filing)$7.33B
Price to Earnings (P/E)25.0
Beta1.21
Next Earnings
Nov 07, 2024EPS Estimate
$4.97Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)13.77
Shares Outstanding69,432,952
10 Day Avg. Volume427,803
30 Day Avg. Volume446,463
Standard Deviation0.10
R-Squared0.43
Alpha-0.00896
Financial Highlights & Ratios
Price to Book (P/B)8.68
Price to Sales (P/S)6.44
Price to Cash Flow (P/CF)11.40
P/FCF Ratio12.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.82
Enterprise Value/Gross Profit10.17
Enterprise Value/Ebitda12.10
Forecast
1Y Price Target
$357.79Price Target Upside5.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Corpay Inc News
Bulls Say, Bears Say
Bulls Say
Corporate Payments ExpansionThe accelerated mix shift to Corporate Payments raises the baseline for organic growth to approximately 9%, supporting a structurally higher multiple.
Market Position And TailwindsCPAY is well-positioned as a leader in select B2B payment verticals, to benefit from broader B2B payment and vertical-specific tailwinds.
Revenue GrowthCPAY is considered a strong high-margin compounder with accelerating revenue growth potential to over 10% organic constant fx in the near future.
Bears Say
Financial PerformanceThe divestiture in Russia and fuel price/spread changes present a headwind for CPAY, impacting its financial performance.
Guidance And ExpectationsCPAY’s 3Q24 guide was below DB/Street expectations due to the previously mentioned 'problem children' and FX.
Investor SentimentInvestors are still skeptical of CPAY's anticipated growth acceleration through YE24.
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Ownership Overview
5.89% Insiders
32.14% Mutual Funds
1.02% Other Institutional Investors
38.02% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CPAY FAQ
What was Corpay Inc’s price range in the past 12 months?
Corpay Inc lowest stock price was $220.39 and its highest was $355.47 in the past 12 months.
What is Corpay Inc’s market cap?
Currently, no data Available
When is Corpay Inc’s upcoming earnings report date?
Corpay Inc’s upcoming earnings report date is Nov 07, 2024 which is in 13 days.
How were Corpay Inc’s earnings last quarter?
Corpay Inc released its earnings results on Aug 07, 2024. The company reported $4.55 earnings per share for the quarter, beating the consensus estimate of $4.516 by $0.034.
Is Corpay Inc overvalued?
According to Wall Street analysts Corpay Inc’s price is currently Undervalued.
Does Corpay Inc pay dividends?
Corpay Inc does not currently pay dividends.
What is Corpay Inc’s EPS estimate?
Corpay Inc’s EPS estimate is $4.97.
How many shares outstanding does Corpay Inc have?
Corpay Inc has 69,432,950 shares outstanding.
What happened to Corpay Inc’s price movement after its last earnings report?
Corpay Inc reported an EPS of $4.55 in its last earnings report, beating expectations of $4.516. Following the earnings report the stock price went up 5.938%.
Which hedge fund is a major shareholder of Corpay Inc?
Among the largest hedge funds holding Corpay Inc’s share is Tiger Global Management LLC. It holds Corpay Inc’s shares valued at 279M.
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Corpay Inc Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$357.79 (5.23% Upside)
$357.79 (5.23% Upside)
Blogger Sentiment
Bullish
CPAY Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 293.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $22.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.0%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.81%
12-Months-Change
Fundamentals
Return on Equity
33.55%
Trailing 12-Months
Asset Growth
6.71%
Trailing 12-Months
Company Description
Corpay Inc
FleetCor Technologies, Inc. is a global business payments company that simplifies the way businesses manage and pay their expenses. The company portfolios of brands help companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. It serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific. The company was founded by W. Boatner Reily, III on February 3, 1998 and is headquartered in Norcross, GA.
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CPAY Company Deck
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CPAY Earnings Call
Q2 2024
0:00 / 0:00
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CPAY Revenue Breakdown
53.37% Fleet
26.11% Corporate Payments
13.84% Lodging
6.68% Other
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CPAY Stock 12 Month Forecast
Average Price Target
$357.79
▲(5.23% Upside)
Technical Analysis
Best Analysts Covering CPAY
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+15.94%
reiterated a buy rating 13 days ago
Copying David Koning's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +15.94% per trade.
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