CORPAY, INC.
No SEC Form 4 filings for $CPAY in the last 30 days.
The article reports that Wall Street’s mean price target for Corpay (CPAY) is $388.79, about 13.9% above the stock’s current level. It also cites a Street-high target of $415, implying 21.6% potential upside. The author, Sohini Mondal, states she held no positions in the mentioned securities at publication.
M&T Bank Corp significantly increased its stake in Corpay, Inc. (NYSE:CPAY) by 4,657.7% in the fourth quarter, acquiring an additional 1,022,129 shares. The investment now makes Corpay the 17th largest holding for M&T Bank Corp, representing about 0.9% of its portfolio. This move comes as other institutional investors have also modified their holdings, and CPAY has received a "Moderate Buy" consensus rating from analysts with an average target price of $371.23.
Global Payments, Inc. has undergone a valuation adjustment, with its P/E ratio at 13 and price-to-book value at 0.93. The company has faced significant stock performance challenges, with declines of 22.96% over the past year and 30.12% over three years, contrasting with gains in the broader S&P 500 market. This article details Global Payments' current valuation metrics and compares them to peers like PayPal, Copart, Corpay, and Equifax, highlighting its distinct market perception and performance disparity.
