Corpay Inc [CPAY] stock prices are up 2.15% to $370.00 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CPAY shares have gain 3.52% over the last week, with a monthly amount glided 3.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wolfe Research upgraded its rating to Outperform on January 08, 2025, and kept the price target unchanged to $420. On September 03, 2024, upgrade upgraded it’s rating to Peer Perform. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $285 on June 05, 2024. Wolfe Research downgraded its rating to a Underperform but $295 remained the price target by the analyst firm on May 17, 2024. Robert W. Baird upgraded its rating to Outperform for this stock on March 04, 2024, and upped its price target to $330. In a note dated December 05, 2023, BMO Capital Markets initiated an Outperform rating and provided a target price of $300 on this stock.
The stock price of Corpay Inc [CPAY] has been fluctuating between $247.10 and $385.30 over the past year. Currently, Wall Street analysts expect the stock to reach $341.25 within the next 12 months. Corpay Inc [NYSE: CPAY] shares were valued at $370.00 at the most recent close of the market. An investor can expect a potential drop of -7.77% based on the average CPAY price forecast.
Analyzing the CPAY fundamentals
The Corpay Inc [NYSE:CPAY] reported sales of 3.88B for trailing twelve months, representing a surge of 6.01%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.45%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.33 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 365.02 points at the first support level, and at 360.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 375.00, and for the 2nd resistance point, it is at 380.00.
Ratios To Look Out For
It’s worth pointing out that Corpay Inc [NYSE:CPAY]’s Current Ratio is 1.05. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 6.65, the price to book ratio is 8.35 and price to earnings (TTM) ratio is 26.38.
Transactions by insiders
Recent insider trading involved King Alan, Group President, Global Fleet, that happened on Nov 26 ’24 when 21272.0 shares were sold. Officer, King Alan completed a deal on Nov 26 ’24 to buy 21272.0 shares. Meanwhile, Chief Accounting Officer Vickery Alissa B sold 8000.0 shares on Nov 20 ’24.
