Professional
Added to YB: 2024-09-10
Pitch date: 2024-06-30
CPAY [bullish]
Corpay, Inc.
+29.55%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$24.0B
Pitch Price
$268.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.56
P/E
22.79
EV/Sales
7.02
Sector
Financial Services
Category
turnaround
RS Large Cap Val Strategy Portfolio Holding: Corpay, Inc.
CPAY: Fleet/corp payments co down on macro/gas price fears. High FCF fleet biz funds corp payments M&A. Recent large acquisition. CEO owns $550M in shares, aligns interests. Confident in high ROIC capital allocation to corp payments segment despite headwinds.
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