WEX (WEX) Projected to Post Quarterly Earnings on Wednesday

WEX (NYSE:WEX - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect WEX to post earnings of $3.39 per share and revenue of $631.42 million for the quarter. WEX has set its Q1 2025 guidance at 3.350-3.500 EPS and its FY 2025 guidance at 14.650-15.250 EPS.

WEX (NYSE:WEX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $3.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.16. WEX had a net margin of 11.78% and a return on equity of 32.35%. On average, analysts expect WEX to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

WEX Price Performance

Shares of WEX opened at $124.10 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 1.04 and a debt-to-equity ratio of 2.07. The stock's 50 day moving average is $145.81 and its two-hundred day moving average is $169.67. WEX has a twelve month low of $110.45 and a twelve month high of $235.20. The firm has a market capitalization of $4.25 billion, a PE ratio of 16.55, a P/E/G ratio of 2.06 and a beta of 1.33.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on WEX shares. Barclays cut their target price on shares of WEX from $200.00 to $155.00 and set an "equal weight" rating for the company in a research report on Monday, February 10th. Citigroup cut WEX from a "buy" rating to a "neutral" rating and lowered their target price for the company from $260.00 to $190.00 in a report on Tuesday, January 14th. William Blair reissued a "market perform" rating on shares of WEX in a report on Thursday, February 6th. Jefferies Financial Group increased their price objective on WEX from $180.00 to $190.00 and gave the company a "hold" rating in a research note on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods cut their target price on shares of WEX from $220.00 to $200.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $187.80.

WEX Company Profile

WEX Inc operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings.

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