Corpay (NYSE:CPAY) Issues FY 2025 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 20.750-21.250 for the period, compared to the consensus EPS 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.

Corpay Price Performance

Shares of NYSE CPAY traded up $9.10 during midday trading on Wednesday, hitting $388.76. The stock had a trading volume of 670,592 shares, compared to its average volume of 429,347. Corpay has a 1 year low of $247.10 and a 1 year high of $391.10. The company has a market capitalization of $27.10 billion, a PE ratio of 27.73, a P/E/G ratio of 1.30 and a beta of 1.28. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.69. The stock has a 50 day simple moving average of $361.38 and a 200-day simple moving average of $334.84.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $4.96 EPS for the quarter, missing analysts’ consensus estimates 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.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CPAY. Bank of America lifted their price objective on Corpay from $344.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. BMO Capital Markets lifted their price objective on Corpay from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Citigroup began coverage on Corpay in a research note on Tuesday, January 14th. They issued a “buy” rating and a $430.00 price objective for the company. Morgan Stanley lifted their price objective on Corpay from $325.00 to $350.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Finally, Barclays boosted their target price on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, October 28th. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Corpay currently has a consensus rating of “Moderate Buy” and a consensus target price of $381.43.

Insiders Place Their Bets

In other Corpay news, CAO Alissa B. Vickery sold 8,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $370.04, for a total transaction of $2,960,320.00. Following the completion of the transaction, the chief accounting officer now directly owns 1,797 shares of the company’s stock, valued at $664,961.88. This trade represents a 81.66 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph W. Farrelly sold 2,975 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $3,950,645.40. This represents a 22.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.10% of the stock is owned by company insiders.

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.