WEX (NYSE:WEX) Updates Q1 2025 Earnings Guidance

WEX (NYSE:WEX) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.350-3.500 for the period, compared to the consensus estimate of 3.780. The company issued revenue guidance of $625.0 million-$640.0 million, compared to the consensus revenue estimate of $661.2 million. WEX also updated its FY 2025 guidance to 14.650-15.250 EPS.

WEX Price Performance

Shares of NYSE WEX traded up $3.03 during mid-day trading on Wednesday, reaching $187.09. The company had a trading volume of 512,417 shares, compared to its average volume of 367,886. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.87. The stock has a market cap of $7.44 billion, a PE ratio of 23.74, a P/E/G ratio of 1.50 and a beta of 1.58. The company has a 50-day moving average price of $179.09 and a two-hundred day moving average price of $186.23. WEX has a 1-year low of $165.51 and a 1-year high of $244.04.

WEX (NYSE:WEX) last released its quarterly earnings data on Wednesday, February 5th. The business services provider reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.97 by $0.16. WEX had a return on equity of 31.35% and a net margin of 12.45%. On average, equities analysts anticipate that WEX will post 13.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WEX. Citigroup downgraded WEX from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $260.00 to $190.00 in a report on Tuesday, January 14th. Keefe, Bruyette & Woods reduced their target price on WEX from $247.00 to $220.00 and set an “outperform” rating on the stock in a report on Monday, January 6th. Bank of America boosted their target price on WEX from $238.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, October 15th. Jefferies Financial Group boosted their target price on WEX from $180.00 to $190.00 and gave the stock a “hold” rating in a report on Wednesday, January 22nd. Finally, Barclays reissued an “equal weight” rating and issued a $200.00 target price (down from $207.00) on shares of WEX in a report on Tuesday, December 17th. Eight equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $217.73.

Insider Buying and Selling at WEX

In related news, COO Robert Joseph Deshaies sold 175 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $189.44, for a total value of $33,152.00. Following the completion of the transaction, the chief operating officer now directly owns 7,582 shares of the company’s stock, valued at approximately $1,436,334.08. This trade represents a 2.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

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.