vehicle payment solutions
Search documents
Is Corpay, Inc. (CPAY) One of the Cheap Technology Stocks to Invest In According to Hedge Funds?
Yahoo Finance· 2026-02-25 10:21
Corpay, Inc. (NYSE:CPAY) is one of the 12 Cheap Technology Stocks to Invest In According to Hedge Funds. On February 11, Corpay, Inc. (NYSE:CPAY) announced that its Cross-Border business has signed a multi-year agreement with LIV Golf, extending its successful and exclusive partnership as LIV’s official corporate foreign exchange (FX) provider. Is Corpay, Inc. (CPAY) One of the Cheap Technology Stocks to Invest In According to Hedge Funds? Corpay Cross-Border has been offering a range of corporate FX pa ...
Corpay Stock Jumps 25% in a Year: Here's What You Should Know
ZACKS· 2025-05-19 15:50
Core Insights - Corpay, Inc. (CPAY) has experienced a 25% increase in share value over the past year, outperforming the Zacks S&P 500 composite's growth of 13.6% [1] Revenue and Earnings Outlook - CPAY's revenues are projected to grow by 11.3% year-over-year in 2025 and 10.6% in 2026, while earnings are expected to rise by 10.4% in 2025 and 16% in 2026 [3] - The company raised its 2025 revenue guidance to a range of $4.38-$4.46 billion, up from the previous estimate of $4.35-$4.45 billion, indicating continuous improvement from the third quarter of 2024's expectation of $3.98-$4.01 billion [4] Organic Revenue Growth - CPAY's organic revenues increased by 13% in 2022, 10% in 2023, and surged by 20% in 2024, driven by higher transaction volumes and revenues per transaction [5] Marketing and Sales Strategy - The company employs a multi-channel approach to expand its customer base, utilizing digital channels, direct sales forces, and strategic partnerships, which enhances the efficiency of its sales team [6] Acquisition Strategy - CPAY actively acquires companies to broaden its customer base and service offerings, with notable acquisitions including GPS Capital Markets and PayByPhone, which enhance its corporate payments and vehicle payment solutions [7][8]