Corpay, Inc. (CPAY)

Corpay's stock price has seen fluctuations in the past six months, with a price of $327.04 as of June 27, 2025. Over the last six months, CPAY has trended down by 4.16%. Key events impacting the stock price include the Q4 2024 earnings report, acquisitions of Zapay, Paymerang, and GPS Capital Markets, and the partnership with Mastercard. Additional partnerships with Real Madrid C.F. and Major League Soccer, the appointment of Peter Walker as CFO, and the sale of the merchant solutions business also influenced the stock. Analysts have a bullish consensus on CPAY, with a median price target of $400.00.

While specific details on demand seasonality are not explicitly provided, the Vehicle Payments segment is linked to fuel prices, introducing cyclicality. Corpay aims to focus more on its Corporate Payments segment, which exhibits lower cyclicality. Demand for lodging payments could have some seasonality tied to business travel trends, but the focus on workforce lodging might provide more consistent demand. Corpay's strategic shift towards corporate payments suggests an effort to reduce exposure to more cyclical segments.

Corpay, Inc. is a global corporate payments company providing payment and spend management systems and services. It helps businesses and consumers manage and pay expenses. Corpay operates in the Technology sector, specifically within the Software - Infrastructure industry, and the Financial Transaction Services industry. Its major products and services include Vehicle Payments, Corporate Payments, Lodging Payments, and Cross-Border Payments. Corpay serves a wide range of industries, including automotive, hospitality, construction, education, and healthcare.

Corpay has a significant global presence, operating in over 150 countries across North America, Latin America, Europe, and Asia Pacific. Its primary geographic areas of operation include the United States, Brazil, and the United Kingdom, with 81% of its business concentrated in these regions. The company also has an operational presence in the Netherlands, Czech Republic, New Zealand, Singapore, Canada, Ireland, Sweden, Germany, Portugal, and Luxembourg. Recent expansions include establishing a new office in Auckland, New Zealand, and a back-office support center in Chennai, India.

Corpay's brand reputation has been positive, marked by strategic partnerships and acquisitions. The company changed its name from FLEETCOR Technologies, Inc. to Corpay in March 2024, reflecting its broader focus on corporate payments. Partnerships with Mastercard, Real Madrid C.F., and Major League Soccer have enhanced brand visibility. Acquisitions of Zapay, Paymerang, and GPS Capital Markets, along with the agreement to acquire Gringo, demonstrate Corpay's commitment to expanding its capabilities. The establishment of new offices in New Zealand and India indicates a strong growth trajectory.

Corpay, Inc. has a diverse ownership structure, including institutional, insider, and retail investors. Institutional investors hold approximately 52.64% to 84.71% of the company's stock, with major shareholders including Vanguard Group Inc. and BlackRock, Inc. Insiders hold approximately 3.60% of the stock, with Summit Partners L P being the largest individual shareholder. Retail investors hold approximately 18.23% to 25.52% of the stock.