Zacks Research Issues Negative Forecast for WEX Earnings

WEX Inc. (NYSE:WEX - Free Report) - Zacks Research reduced their Q1 2025 EPS estimates for shares of WEX in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings per share of $2.86 for the quarter, down from their previous estimate of $3.25. The consensus estimate for WEX's current full-year earnings is $14.09 per share. Zacks Research also issued estimates for WEX's Q2 2025 earnings at $2.96 EPS, Q3 2025 earnings at $3.77 EPS, Q4 2025 earnings at $3.36 EPS, FY2025 earnings at $12.94 EPS, Q1 2026 earnings at $3.18 EPS, Q2 2026 earnings at $3.51 EPS, Q3 2026 earnings at $3.85 EPS, Q4 2026 earnings at $3.60 EPS and FY2026 earnings at $14.15 EPS.

A number of other equities analysts also recently weighed in on WEX. William Blair reaffirmed a "market perform" rating on shares of WEX in a research note on Thursday, February 6th. Bank of America cut WEX from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th. Barclays cut their target price on WEX from $200.00 to $155.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. Citigroup lowered WEX from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $260.00 to $190.00 in a research report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods reduced their price objective 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. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, WEX currently has a consensus rating of "Hold" and a consensus target price of $195.73.

WEX Stock Up 0.3 %

Shares of WEX stock traded up $0.49 during mid-day trading on Monday, reaching $154.98. 102,836 shares of the company's stock traded hands, compared to its average volume of 544,394. The company has a quick ratio of 1.04, a current ratio of 1.02 and a debt-to-equity ratio of 2.07. The company's 50-day moving average price is $169.53 and its 200-day moving average price is $183.04. The company has a market cap of $6.02 billion, a P/E ratio of 20.68, a P/E/G ratio of 2.06 and a beta of 1.58. WEX has a 12 month low of $146.03 and a 12 month high of $244.04.

WEX (NYSE:WEX - Get Free Report) last released its earnings results on Wednesday, February 5th. The business services provider reported $3.13 EPS for the quarter, beating analysts' consensus estimates of $2.97 by $0.16. WEX had a return on equity of 32.35% and a net margin of 11.78%.

Institutional Trading of WEX

Institutional investors and hedge funds have recently bought and sold shares of the business. Investment Management Corp VA ADV acquired a new position in WEX during the fourth quarter valued at $25,000. Venturi Wealth Management LLC boosted its stake in shares of WEX by 206.1% in the third quarter. Venturi Wealth Management LLC now owns 150 shares of the business services provider's stock worth $31,000 after buying an additional 101 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in WEX in the 3rd quarter worth approximately $35,000. State of Wyoming purchased a new position in shares of WEX during the 4th quarter valued at approximately $35,000. Finally, Jones Financial Companies Lllp lifted its stake in shares of WEX by 108.4% in the 4th quarter. Jones Financial Companies Lllp now owns 248 shares of the business services provider's stock valued at $43,000 after purchasing an additional 129 shares during the period. 97.47% of the stock is currently owned by institutional investors and hedge funds.

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.