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How to Buy Corpay Stock

Corpay Inc

Corpay is a software infrastructure company located in Georgia, United States, which is part of the Technology sector, and is traded under the ticker CPAY on the NYSE exchange.

Corpay stock last closed at $249.66, down 0.93% from the previous day, and has increased 4.12% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.06 percentage points. Corpay stock is currently +13.28% from its 52-week low of $220.39, and -21.97% from its 52-week high of $319.94.

At the moment, there are 70.27M CPAY shares outstanding. The market cap of CPAY is $17.54B. In the past 24 hours, 325,700 CPAY shares were traded.

How to Buy Corpay Stock

Wondering how to invest in Corpay stock? Here's how.
  1. Figure out where to buy Corpay stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Corpay stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your method of payment and add your information.
  4. Research Corpay stock: The Corpay ticker symbol is CPAY. Is Corpay stock a good investment? Should you buy shares of CPAY? How do CPAY's underlying business fundamentals look? Do top analysts think Corpay is a good buy? Why has CPAY's stock price moved recently? (Hint: Our stock research tools can help you understand if CPAY is a good stock to buy).
  5. Execute your CPAY trade: Decide if you will purchase CPAY shares at the current market price or use a limit order to buy CPAY stock at a given price.
  6. Track your investment in CPAY: Create a watchlist to keep tabs on your position in Corpay stock.

Step 1: Figure out where to buy Corpay stock

You need an online brokerage account in order to access the NYSE market and buy CPAY stock.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in CPAY today.

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Step 3: Fund your investment account

Now that you have finished signing up on the best stock market app for beginners, you can securely and quickly fund your account:

Watch the video below if you need help transferring money into your investment account.

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Step 4: Research Corpay stock

Once you have decided on the best place to buy Corpay stock, it's very important to analyze their stock prior to buying, so you truly understand the risk and upside.

Corpay quick stats

CPAY Price
$249.66
1w %
-3.61%
1y %
4.12%
5y %
-8.44%
P/E
18.22x
P/B
5.39x
P/S
4.73x
PEG
0.87x
Revenue
$3.79B
Earnings
$996.82M
Fore. Rev. Growth
7.67%
Fore. Earn. Growth
23.16%
Market Cap
$17.54B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

CPAY Overview

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on CPAY's stock page.

How is CPAY stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CPAY's true value.

Using relative valuations ratios:

  • CPAY could be undervalued based on its P/E ratio of 18.22x, relative to Software - Infrastructure industry P/E ratio of 42.39x
  • CPAY may be undervalued based on its P/B ratio of 5.39x, relative to Software - Infrastructure industry P/B ratio of 12.36x
  • CPAY could be undervalued based on its PEG ratio of 0.87x

You can do additional valuation research on CPAY's stock here.

CPAY Financial Overview

Pros:

  • There are more short-term assets than long-term liabilities on the CPAY balance sheet.
  • There are more short-term assets than short-term liabilities on the CPAY balance sheet.
  • CPAY's operating cash flow of $2.12B allows it to safely service it's debt of $6.76B.

Cons:

  • Total CPAY debt is higher than 5 years ago, relative to shareholder equity.
  • CPAY profit margin has gone down from 26.9% to 26.3% in the past year.
  • CPAY earnings of $1.69B is not sufficient to cover its interest payments.
  • CPAY has a relatively high debt to equity ratio of 3.86.

Is CPAY stock a Buy, Hold, or Sell, according to analysts?

Out of 11 Equities analysts who research CPAY, the consensus analyst rating on Corpay is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Latest CPAY Analyst Upgrades/Downgrades

Peter Christiansen, a bottom 13% analyst from Citigroup maintains CPAY with a strong buy rating and raises their CPAY price target from $325.00 to $355.00, on Apr 17, 2024.

Trevor Williams, a top 25% analyst from Jefferies maintains CPAY with a strong buy rating and raises their CPAY price target from $340.00 to $355.00, on Apr 12, 2024.

David Koning, a top 9% analyst from Baird maintains CPAY with a buy rating and raises their CPAY price target from $355.00 to $376.00, on Apr 4, 2024.

Timothy Chiodo, a top 27% analyst from UBS maintains CPAY with a hold rating and raises their CPAY price target from $280.00 to $285.00, on Feb 14, 2024.

Tien-tsin Huang, a top 48% analyst from JP Morgan maintains CPAY with a strong buy rating and raises their CPAY price target from $285.00 to $337.00, on Feb 8, 2024.

You can dig deeper into what analysts are saying on the Corpay stock forecast page.

CPAY Technical Indicators

SMA10
256.63
SMA20
263.49
SMA50
284.24
SMA100
287.2
SMA200
272.72
MACD
-9.17
MACD Signal
-8.88
MACD Histogram
-0.29
RSI
23.91
Stochastic %K
10.38
Stochastic %D
9.87
StochRSI %K
5.66
StochRSI %D
23.83

CPAY Performance Metrics

Last year, CPAY earnings were $996.82M. Over the last five year, CPAY's earnings have increased by 8.34% per year. This was slower than the Software - Infrastructure industry average of 37.87%.

Last year, CPAY revenue was $3.79B. During the last five year, CPAY's revenue has grown by 8.95% per year. This was slower than the Software - Infrastructure industry average of 17.74%.

You can research CPAY's earnings and revenue performance here.

Are CPAY insiders buying or selling the stock?

In the last year, insiders at CPAY have bought more shares than they have sold.

Alissa B. Vickery, Chief Accounting Officer of CPAY, was the latest CPAY insider to sell. They sold $11,153.76 worth of CPAY stock on Mar 12, 2024.

Learn more about who owns CPAY shares here.

Does CPAY stock generate passive income?

No, Corpay doesn't provide an income stream by paying out dividends.

What others are saying about CPAY

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your CPAY trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open Trade button and your broker will place your order.

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Step 6: Track your investment in CPAY

Now that you own some CPAY shares, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to track your CPAY stock.

CPAY Feed

How to Buy Stock in Corpay

To summarize, here are the 6 steps for buying Corpay stock:

  1. Figure out where to buy Corpay stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Research Corpay stock
  5. Execute your CPAY trade
  6. Track your investment in CPAY

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Corpay, click below.

NYSE: CPAY
$249.66-2.34 (-0.93%)
Updated Jun 14, 2024
Open eToro Account
NYSE: CPAY
$249.66-2.34 (-0.93%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Corpay share?

As of Jun 14, 2024, it costs $249.66 to buy one share of Corpay stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.401 shares of CPAY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Corpay stock?

According to 11 Wall Street analysts who monitor Corpay, their consensus recommendation is to buy Corpay stock.

What is the best way to buy Corpay stock?

One way to place an order for Corpay stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.