Navigating 8 Analyst Ratings For Corpay

Analysts' ratings for Corpay CPAY over the last quarter vary from bullish to bearish, as provided by 8 analysts.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

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

The 12-month price targets, analyzed by analysts, offer insights with an average target of $350.75, a high estimate of $376.00, and a low estimate of $310.00. This upward trend is apparent, with the current average reflecting a 3.66% increase from the previous average price target of $338.38.

price target chart

Decoding Analyst Ratings: A Detailed Look

An in-depth analysis of recent analyst actions unveils 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
Ramsey El-Assal Barclays Lowers Overweight $350.00 $355.00
Daniel Perlin RBC Capital Raises Sector Perform $310.00 $302.00
Rufus Hone BMO Capital Lowers Outperform $350.00 $360.00
Peter Christiansen Citigroup Raises Buy $355.00 $325.00
Ramsey El-Assal Barclays Raises Overweight $355.00 $340.00
Trevor Williams Jefferies Raises Buy $355.00 $340.00
David Koning Baird Raises Outperform $376.00 $355.00
David Koning Baird Raises Outperform $355.00 $330.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Corpay. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Corpay compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Corpay's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Capture valuable insights into Corpay's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Corpay analyst ratings.

Discovering Corpay: A Closer Look

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.

Corpay: Financial Performance Dissected

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

Revenue Growth: Corpay's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 3.76%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Corpay's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 24.57% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Corpay's ROE stands out, surpassing industry averages. With an impressive ROE of 7.03%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Corpay's ROA stands out, surpassing industry averages. With an impressive ROA of 1.47%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: With a high debt-to-equity ratio of 2.08, Corpay faces challenges in effectively managing its debt levels, indicating potential financial strain.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

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