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Corpay Inc (CPAY)

NYSE
Currency in USD
360.90
-0.66(-0.18%)
Real-time Data
CPAY Scorecard
Full Analysis
Trading at a high P/E ratio relative to near-term earnings growth
Fair Value
Day's Range
360.22362.28
52 wk Range
247.10385.30
Key Statistics
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Prev. Close
361.55
Open
361.31
Day's Range
360.22-362.28
52 wk Range
247.1-385.3
Volume
30.82K
Average Volume (3m)
497.65K
1-Year Change
36.66%
Book Value / Share
44.46
Fair Value
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Fair Value Upside
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CPAY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
394.38
Upside
+9.28%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high Price / Book multiple
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Corpay Inc Company Profile

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. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.

Corpay Inc SWOT Analysis


Strategic Expansion
Explore Corpay's recent acquisitions of GPS Capital Markets and Paymerang, expanding its reach into new verticals and enhancing cross-border payment capabilities.
Financial Trajectory
Corpay's Corporate Payments segment outpaces overall company growth, with analysts projecting potential revenue and EPS upside for fiscal year 2025.
Market Positioning
Delve into Corpay's competitive edge in B2B payments, offering integrated solutions across multiple jurisdictions and currencies, appealing to multinational corporations.
Analyst Outlook
Price targets range from $310 to $415, reflecting varied perspectives on Corpay's growth potential and market position in the evolving payments landscape.
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Corpay Inc Earnings Call Summary for Q1/2024

  • Q4 revenue up 6% to $937M, cash EPS up 10% to $444M; full-year revenue hit record $3.8B, up 10%, with EBITDA up 13% to ~$2B
  • FLEETCOR to rebrand as Corpay in March 2024; expects 2024 revenue of $4.080B (9% growth) and EBITDA of $2.2B (11% growth)
  • New products (Corpay One, Comdata Connect Card) introduced to drive future revenue growth; 100,000 new B2B clients acquired in 2023
  • Strong balance sheet with $1.4B unrestricted cash; plans for M&A and share repurchases; projects 8-10% revenue growth in 2024
  • Q4 impacted by gift card shipment delays and softness in lodging/corporate payments; lower credit losses offset some weakness
Last Updated: 2024/02/08, 12:46
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Compare CPAY to Peers and Sector

Metrics to compare
CPAY
Peers
Sector
Relationship
P/E Ratio
24.8x−0.2x8.8x
PEG Ratio
2.540.090.03
Price/Book
8.1x3.4x1.0x
Price / LTM Sales
6.5x3.9x2.8x
Upside (Analyst Target)
10.0%22.3%11.4%
Fair Value Upside
Unlock16.1%3.0%Unlock

Analysts' Recommendations

12 Buy
6 Hold
0 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 394.38

(+9.28% Upside)

FAQ

What Is the Corpay (CPAY) Stock Price Today?

The Corpay stock price today is 360.90

What Stock Exchange Does Corpay Trade On?

Corpay is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Corpay?

The stock symbol for Corpay is "CPAY."

What Is the Corpay Market Cap?

As of today, Corpay market cap is 25.21B.

What is Corpay Earnings Per Share?

The Corpay EPS is 14.31.

What Is the Next Corpay Earnings Date?

Corpay will release its next earnings report on 04 Feb 2025.

From a Technical Analysis Perspective, Is CPAY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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