Corpay (NYSE:CPAY) Releases FY 2025 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 20.750-21.250 for the period, compared to the consensus earnings per share estimate of 21.930. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Corpay also updated its Q1 2025 guidance to 4.450-4.550 EPS.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CPAY. Wolfe Research raised shares of Corpay from a “peer perform” rating to an “outperform” rating and set a $420.00 price objective on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company boosted their target price on Corpay from $340.00 to $375.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Bank of America upped their target price on shares of Corpay from $344.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Morgan Stanley raised their price target on shares of Corpay from $325.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Monday, November 11th. Finally, Citigroup started coverage on Corpay in a research note on Tuesday, January 14th. They set a “buy” rating and a $430.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Corpay presently has an average rating of “Moderate Buy” and a consensus price target of $381.43.

Corpay Stock Performance

Shares of CPAY traded up $9.10 during midday trading on Wednesday, reaching $388.76. 670,592 shares of the stock were exchanged, compared to its average volume of 429,347. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $27.10 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 1.30 and a beta of 1.28. Corpay has a twelve month low of $247.10 and a twelve month high of $391.10. The business’s 50-day moving average price is $361.38 and its 200 day moving average price is $334.84.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Wednesday, February 5th. The company reported $4.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.37 by ($0.41). Corpay had a return on equity of 39.44% and a net margin of 26.14%. On average, sell-side analysts expect that Corpay will post 17.84 EPS for the current fiscal year.

Insider Activity

In other news, Director Joseph W. Farrelly sold 2,975 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $375.18, for a total value of $1,116,160.50. Following the completion of the sale, the director now directly owns 10,530 shares in the company, valued at approximately $3,950,645.40. The trade was a 22.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Alissa B. Vickery sold 8,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $370.04, for a total transaction of $2,960,320.00. Following the transaction, the chief accounting officer now owns 1,797 shares in the company, valued at approximately $664,961.88. The trade was a 81.66 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.10% of the company’s stock.

About Corpay

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.