Georgia-based Corpay, Inc. (CPAY) is a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments. Valued at a market cap of $26.5 billion, the company serves businesses, merchants, consumers, and payment network customers.
Shares of this payment service provider have significantly outpaced the broader market over the past 52 weeks. CPAY has rallied 64.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 31.8%. Moreover, on a YTD basis, the stock is up 34.7%, compared to SPX’s 25.8% gains.
