Ratio Revelations: Corpay Inc. (CPAY)’s Financial Metrics in the Spotlight

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Corpay Inc. (NYSE: CPAY) closed the day trading at $283.22 down -6.99% from the previous closing price of $304.50. In other words, the price has decreased by -$6.99 from its previous closing price. On the day, 1.17 million shares were traded. CPAY stock price reached its highest trading level at $297.36 during the session, while it also had its lowest trading level at $274.603.

Ratios:

For a better understanding of CPAY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 2.08 whereas as Long-Term Debt/Eq ratio is at 1.49.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on March 04, 2024, Upgraded its rating to Outperform and sets its target price to $330 from $325 previously.

On December 05, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $300.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’24 when King Alan sold 7,004 shares for $290.45 per share. The transaction valued at 2,034,345 led to the insider holds 19,114 shares of the business.

Vickery Alissa B sold 2,794 shares of CPAY for $811,130 on Mar 07 ’24. The Chief Accounting Officer now owns 1,885 shares after completing the transaction at $290.31 per share. On Mar 05 ’24, another insider, Clarke Ronald, who serves as the CEO & Chairman of BOD of the company, sold 118,428 shares for $281.84 each. As a result, the insider received 33,377,748 and left with 2,023,491 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPAY now has a Market Capitalization of 20165064704 and an Enterprise Value of 5501807616. As of this moment, Corpay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.08, and their Forward P/E ratio for the next fiscal year is 12.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.37 while its Price-to-Book (P/B) ratio in mrq is 6.19. Its current Enterprise Value per Revenue stands at 1.451 whereas that against EBITDA is 2.729.

Stock Price History:

Over the past 52 weeks, CPAY has reached a high of $319.94, while it has fallen to a 52-week low of $220.39. The 50-Day Moving Average of the stock is -5.41%, while the 200-Day Moving Average is calculated to be 4.38%.

Shares Statistics:

Over the past 3-months, CPAY traded about 453.19K shares per day on average, while over the past 10 days, CPAY traded about 432360 shares per day. A total of 71.72M shares are outstanding, with a floating share count of 69.45M. Insiders hold about 3.35% of the company’s shares, while institutions hold 92.78% stake in the company. Shares short for CPAY as of 1713139200 were 1896473 with a Short Ratio of 4.18, compared to 1709164800 on 1124287. Therefore, it implies a Short% of Shares Outstanding of 1896473 and a Short% of Float of 3.1.

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