Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | Underperform → Peer Perform | Wolfe Research | |
6/5/2024 | $285.00 | Equal Weight | Wells Fargo |
5/17/2024 | $295.00 | Peer Perform → Underperform | Wolfe Research |
10-Q - CORPAY, INC. (0001175454) (Filer)
8-K - CORPAY, INC. (0001175454) (Filer)
8-K - CORPAY, INC. (0001175454) (Filer)
Wolfe Research upgraded Corpay from Underperform to Peer Perform
Wells Fargo initiated coverage of Corpay with a rating of Equal Weight and set a new price target of $285.00
Wolfe Research downgraded Corpay from Peer Perform to Underperform and set a new price target of $295.00
Jefferies analyst Trevor Williams maintains Corpay (NYSE:CPAY) with a Buy and raises the price target from $295 to $350.
Evercore ISI Group maintains Corpay (NYSE:CPAY) with a Outperform and lowers the price target from $350 to $345.
B of A Securities maintains Corpay (NYSE:CPAY) with a Buy and raises the price target from $326 to $331.
Corpay, Inc. (NYSE:CPAY), a corporate payments company, announced today the appointment of Mike Jeffrey, a former Paychex senior sales executive, to the newly established role of USA Chief Revenue Officer (CRO). This new CRO role, reporting to the CEO, will be responsible for new bookings in Corpay's core U.S. market, including the Fleet, Payables, and Workforce Lodging businesses. The CRO will also direct Corpay's cross-sell initiatives. A significant proportion of Corpay's customers already purchase products from multiple Corpay divisions. This new role is designed to create a more unified, single view of the customer across all Corpay segments and capture further cross-sell opportun
Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a strategic partnership with AbbeyCross to provide FX Payments services to Emerging Markets, via the ABX Platform, a new marketplace for FX payments. Corpay Cross-Border is one of the first non-bank providers of global payments to join the ABX Platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001298594/en/ Partnered with 100+ correspondent banks and counterparty trading institutions across 6 continents, Corpay Cross-Border is one of the world's largest non-bank providers of global
Providing access to currency risk management and cross-border payments solutions Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with World Athletics, the international governing body for the sport of athletics, covering track and field, cross country running, road running, race walking, mountain running, and ultra running, to become their Official Foreign Exchange (FX) Supplier. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724239669/en/ Through this partnership, World Athletics, and the broader World Athletics famil
4 - CORPAY, INC. (0001175454) (Issuer)
4 - CORPAY, INC. (0001175454) (Issuer)
4 - CORPAY, INC. (0001175454) (Issuer)
Paymerang acquisition closed on July 1, 2024 Corpay, Inc. (NYSE:CPAY), a corporate payments company, today reported financial results for its second quarter ended June 30, 2024. "Our results were slightly ahead of our expectations. Our most recent business trends, including same store sales, new sales and customer retention, all meaningfully improved in the second quarter, which bodes well for our 2024 exit," said Ron Clarke, chairman and chief executive officer, Corpay, Inc. "Our Corporate Payments revenue continued to grow in the high teens and with the addition of Paymerang on July 1st and GPS Capital Markets expected in early 2025, that business is well on its way to becoming 40% of
Corpay, Inc., (NYSE:CPAY) a global corporate payments company, today announced that the Company will host a conference call to discuss second quarter 2024 financial results on Wednesday, August 7, 2024 at 5:30 pm ET. Hosting the call will be Ron Clarke, chief executive officer, Tom Panther, chief financial officer and Jim Eglseder, investor relations. A press release with second quarter financial results will be issued after the market close that same day. The call will be webcast live from the Company's investor relations website at https://investor.corpay.com/. The conference call can also be accessed live over the phone by dialing (800)-225-9448 or (203)-518-9708; the Conference ID is
Accretive to revenue and EPS growth in 2025 Company reiterates Q2'24 outlook Corpay, Inc. (NYSE:CPAY), a global corporate payments company, today announced that it has signed a definitive agreement to acquire GPS Capital Markets, LLC. GPS provides business-to-business cross-border and treasury management solutions to upper middle market companies, primarily in the US. The transaction is expected to close in early 2025, subject to regulatory approval and standard closing conditions. "GPS is our third largest deal ever. We're quite excited about GPS' assets including a blue-chip roster of clients, a team of terrific FX specialists, and a market leading FX netting technology," said Ron
Corpay, Inc. (NYSE:CPAY), a corporate payments company, announced today the appointment of Mike Jeffrey, a former Paychex senior sales executive, to the newly established role of USA Chief Revenue Officer (CRO). This new CRO role, reporting to the CEO, will be responsible for new bookings in Corpay's core U.S. market, including the Fleet, Payables, and Workforce Lodging businesses. The CRO will also direct Corpay's cross-sell initiatives. A significant proportion of Corpay's customers already purchase products from multiple Corpay divisions. This new role is designed to create a more unified, single view of the customer across all Corpay segments and capture further cross-sell opportun
Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a strategic partnership with AbbeyCross to provide FX Payments services to Emerging Markets, via the ABX Platform, a new marketplace for FX payments. Corpay Cross-Border is one of the first non-bank providers of global payments to join the ABX Platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001298594/en/ Partnered with 100+ correspondent banks and counterparty trading institutions across 6 continents, Corpay Cross-Border is one of the world's largest non-bank providers of global
Providing access to currency risk management and cross-border payments solutions Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with Everton FC, one of the founding members of the Premier League to become their Official Foreign Exchange (FX) Supplier. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240924141652/en/ Through this partnership, Everton will be able to utilise Corpay Cross Border's innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Bor