Company Overview
Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.
Company Information
- CEO
- Ronald F. Clarke
- Sector
- Technology
- Industry
- Software - Infrastructure
- Employees
- 11200
Contact Information
- Website
- https://www.corpay.com
- Address
- 3280 Peachtree Road
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 21.27B market capitalization
- Trading Volume: 125.76K shares traded today
- Price Range: 52-week range of $269.02 - $400.81
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Corpay, Inc.
Corpay, Inc. (CPAY) operates in the Software - Infrastructure industry within the Technology sector. With a current market capitalization of 21.27B, the company represents a significant player in its market. The stock is currently trading at $301.76 with a negativedaily change of 0.90%.
The company's 11200 employee base and presence on the New York Stock Exchangeexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of 20.51, beta of 0.96, and 52-week price range from $269.02 to $400.81when evaluating investment opportunities.
Why Invest in Corpay, Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Ronald F. Clarke
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.