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Reasons to Retain Corpay Stock in Your Portfolio
Corpay, Inc. (NYSE: CPAY) has had an impressive run over the past month. Shares have gained 7.7% against the 2.1% decline of the industry it belongs to and the 4.2% rise of the Zacks S&P 500 composite.
The company has an expected long-term (three to five years) earnings per share growth rate of 14.6%. Its earnings are expected to register growth of 12.4% in 2024 and 15.5% in 2025.
Corpay, Inc. Price
Corpay, Inc. price | Corpay, Inc. Quote
Factors That Bode Well
Corpay's top line continues to grow organically, driven by increased volume and revenues per transaction in its payment programs. The company continues to witness solid organic revenue growth, driven by sales, improving retention and business ...