Corpay, Inc. (CPAY), headquartered in Atlanta, Georgia, operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments. Valued atย $21.8 billion by market cap, the companyย offers global payment, currency risk management, and invoice automation solutions which help businesses to control, simplify, and secure payment for vehicle related expenses, general payables, tolls, insurance, and lodging expenses.ย The tech giantย is expected to announce its fiscalย first-quarter earnings for 2026 in the near term.
Ahead of the event, analysts expect CPAY to report aย profit of $5.07 per share on a diluted basis, up 17.4% fromย $4.32 per share in the year-ago quarter. The company has consistently surpassed Wall Streetโs EPS estimates in its last four quarterly reports.
For the full year, analysts expect CPAY to report EPS of $24.59, up 21.6% from $20.22 inย fiscal 2025. Its EPS is expected to rise 13.6% year over year to $27.94 in fiscal 2027.
CPAY stock has underperformed the S&P 500 Indexโs ($SPX) 30.1% gains over the past 52 weeks, with sharesย up 3.6% during this period. Similarly, it underperformed the State Street Technology Select Sector SPDR ETFโs (XLK)ย 49.6% gains over the same time frame.
On Feb. 4, CPAY reported its Q4 results, and its shares closed up by 11.6% in the following trading session. Its adjusted EPS of $6.04 surpassed Wall Street expectations of $5.95. The companyโs revenue was $1.3 billion, beating Wall Street forecasts of $1.2 billion. CPAY expects full-year adjusted EPS in the range of $25.50 to $26.50, and revenue in the range of $5.2 billion to $5.3 billion.
Analystsโ consensus opinion on CPAY stock is moderately bullish, with a โModerate Buyโ rating overall. Out of 16 analysts covering the stock, 10 advise a โStrong Buyโ rating, two suggest a โModerate Buy,โ and four give a โHold.โ CPAYโs average analyst price target is $382.64, indicating a potential upside of 18.1% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originallyย published on Barchart.com