Why Is Corpay Down 7.7 percent Since Last Earnings Report?
| CPAY Stock | 370.79 0.79 0.21% |
Slightly above 54% of Corpay's investor base is interested to short. The analysis of overall sentiment of trading Corpay Inc stock suggests that many investors are impartial at this time. Corpay's investing sentiment can be driven by a variety of factors including economic data, Corpay's earnings reports, geopolitical events, and overall market trends.
Corpay |
Corpay reported earnings 30 days ago. Whats next for the stock We take a look at earnings estimates for some clues.
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Corpay Fundamental Analysis
We analyze Corpay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corpay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corpay based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Corpay is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Corpay Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Corpay stock to make a market-neutral strategy. Peer analysis of Corpay could also be used in its relative valuation, which is a method of valuing Corpay by comparing valuation metrics with similar companies.
Peers
Corpay Related Equities
| AVNT | Avient Corp | 2.19 | ||||
| NL | NL Industries | 1.07 | ||||
| SIM | Grupo Simec | 1.98 | ||||
| CECO | CECO Environmental | 7.93 |
Additional Tools for Corpay Stock Analysis
When running Corpay's price analysis, check to measure Corpay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corpay is operating at the current time. Most of Corpay's value examination focuses on studying past and present price action to predict the probability of Corpay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corpay's price. Additionally, you may evaluate how the addition of Corpay to your portfolios can decrease your overall portfolio volatility.