Corpay Inc (NYSE: CPAY) has a higher price-to-earnings ratio of 27.14x compared to its average ratio. CPAY has 36-month beta value of 1.24. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 6 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for CPAY is 67.28M, and currently, short sellers hold a 1.98% ratio of that float. The average trading volume of CPAY on November 28, 2024 was 498.29K shares.
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CPAY) stock’s latest price update
Corpay Inc (NYSE: CPAY)’s stock price has dropped by -0.40 in relation to previous closing price of 382.14. Nevertheless, the company has seen a gain of 3.08% in its stock price over the last five trading days. zacks.com reported 2024-11-21 that CPAY has been consistently pursuing acquisitions and investments to increase its customer base, workforce and operational capabilities.
CPAY’s Market Performance
Corpay Inc (CPAY) has experienced a 3.08% rise in stock performance for the past week, with a 14.64% rise in the past month, and a 22.38% rise in the past quarter. The volatility ratio for the week is 1.81%, and the volatility levels for the past 30 days are at 2.04% for CPAY. The simple moving average for the last 20 days is 5.21% for CPAY’s stock, with a simple moving average of 26.32% for the last 200 days.
Analysts’ Opinion of CPAY
Wells Fargo, on the other hand, stated in their research note that they expect to see CPAY reach a price target of $285. The rating they have provided for CPAY stocks is “Equal Weight” according to the report published on June 05th, 2024.
Wolfe Research gave a rating of “Underperform” to CPAY, setting the target price at $295 in the report published on May 17th of the current year.
CPAY Trading at 11.02% from the 50-Day Moving Average
After a stumble in the market that brought CPAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.21% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 1.81%, as shares surge +14.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.69% upper at present.
During the last 5 trading sessions, CPAY rose by +3.08%, which changed the moving average for the period of 200-days by +41.63% in comparison to the 20-day moving average, which settled at $361.76. In addition, Corpay Inc saw 34.68% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CPAY starting from King Alan, who sale 21,272 shares at the price of $381.97 back on Nov 26 ’24. After this action, King Alan now owns 17,990 shares of Corpay Inc, valued at $8,125,362 using the latest closing price.
King Alan, the Officer of Corpay Inc, proposed sale 21,272 shares at $379.87 during a trade that took place back on Nov 26 ’24, which means that King Alan is holding shares at $8,080,595 based on the most recent closing price.
Stock Fundamentals for CPAY
Current profitability levels for the company are sitting at:
- 0.45 for the present operating margin
- 0.75 for the gross margin
The net margin for Corpay Inc stands at 0.26. The total capital return value is set at 0.19. Equity return is now at value 32.98, with 6.16 for asset returns.
Based on Corpay Inc (CPAY), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 2.09. The interest coverage ratio of the stock is 4.58.
Currently, EBITDA for the company is 2.01 billion with net debt to EBITDA at 2.51. When we switch over and look at the enterprise to sales, we see a ratio of 8.17. The receivables turnover for the company is 1.47for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To put it simply, Corpay Inc (CPAY) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
