WEX (NYSE:WEX) Issues FY 2025 Earnings Guidance

WEX (NYSE:WEX) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 14.650-15.250 for the period, compared to the consensus EPS estimate of 16.790. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion. WEX also updated its Q1 2025 guidance to 3.350-3.500 EPS.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Wells Fargo & Company cut their target price on WEX from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, October 25th. Jefferies Financial Group lifted their price objective on WEX from $180.00 to $190.00 and gave the stock a “hold” rating in a research note on Wednesday, January 22nd. Barclays reissued an “equal weight” rating and issued a $200.00 target price (down from $207.00) on shares of WEX in a research note on Tuesday, December 17th. Citigroup cut WEX from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $260.00 to $190.00 in a research report on Tuesday, January 14th. Finally, Robert W. Baird reduced their price target on WEX from $285.00 to $230.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Eight analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $217.73.

WEX Stock Performance

Shares of WEX stock traded up $3.03 on Wednesday, hitting $187.09. 512,417 shares of the company’s stock were exchanged, compared to its average volume of 367,886. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.04 and a current ratio of 1.04. WEX has a 1 year low of $165.51 and a 1 year high of $244.04. The company has a 50-day simple moving average of $179.09 and a 200-day simple moving average of $186.23. The stock has a market capitalization of $7.44 billion, a PE ratio of 23.74, a PEG ratio of 1.50 and a beta of 1.58.

WEX (NYSE:WEX) last released its quarterly 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 12.45% and a return on equity of 31.35%. As a group, equities analysts anticipate that WEX will post 13.08 EPS for the current year.

Insider Buying and Selling at WEX

In other news, COO Robert Joseph Deshaies sold 175 shares of WEX stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $189.44, for a total value of $33,152.00. Following the sale, the chief operating officer now owns 7,582 shares in the company, valued at $1,436,334.08. This trade represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is currently owned by company insiders.

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.