What is Zacks Research's Estimate for WEX FY2027 Earnings?

WEX Inc. (NYSE:WEX - Free Report) - Equities researchers at Zacks Research issued their FY2027 EPS estimates for WEX in a report released on Wednesday, February 26th. Zacks Research analyst R. Department anticipates that the business services provider will post earnings of $15.54 per share for the year. The consensus estimate for WEX's current full-year earnings is $14.09 per share. Zacks Research also issued estimates for WEX's FY2027 earnings at $15.54 EPS.

Several other research analysts have also recently issued reports on the stock. William Blair reiterated a "market perform" rating on shares of WEX in a report on Thursday, February 6th. Mizuho reduced their price objective on shares of WEX from $215.00 to $170.00 and set an "outperform" rating for the company in a research note on Monday, February 10th. Keefe, Bruyette & Woods dropped their target price on WEX from $220.00 to $200.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. Barclays reduced their price target on WEX from $200.00 to $155.00 and set an "equal weight" rating for the company in a research report on Monday, February 10th. Finally, Bank of America downgraded WEX from a "buy" rating to a "neutral" rating in a research report on Thursday, February 6th. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $195.73.

WEX Stock Down 0.1 %

Shares of WEX stock traded down $0.09 during mid-day trading on Friday, hitting $154.73. The stock had a trading volume of 1,108,263 shares, compared to its average volume of 554,120. The firm has a market capitalization of $6.01 billion, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 2.06 and a beta of 1.58. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.02 and a quick ratio of 1.04. WEX has a 12-month low of $146.03 and a 12-month high of $244.04. The firm's 50-day moving average is $170.20 and its two-hundred day moving average is $183.40.

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

Hedge Funds Weigh In On WEX

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Investment Management Corp VA ADV purchased a new stake in WEX during the 4th quarter worth approximately $25,000. Venturi Wealth Management LLC lifted its stake in shares of WEX by 206.1% during 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 period. Wilmington Savings Fund Society FSB purchased a new stake in shares of WEX during the third quarter valued at $35,000. State of Wyoming acquired a new position in shares of WEX in the 4th quarter valued at $35,000. Finally, Jones Financial Companies Lllp raised its stake in WEX by 108.4% in the 4th quarter. Jones Financial Companies Lllp now owns 248 shares of the business services provider's stock worth $43,000 after acquiring an additional 129 shares during the last quarter. 97.47% of the stock is owned by hedge funds and other institutional investors.

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.