WEX (NYSE:WEX) Releases FY 2025 Earnings Guidance

WEX (NYSE:WEX) updated its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 14.650-15.250 for the period, compared to the consensus 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.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Barclays reissued an “equal weight” rating and set a $200.00 price target (down previously from $207.00) on shares of WEX in a report on Tuesday, December 17th. Bank of America cut shares of WEX from a “buy” rating to a “neutral” rating in a report on Thursday. Jefferies Financial Group upped their target price on WEX from $180.00 to $190.00 and gave the company a “hold” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods cut their target price on shares of WEX from $247.00 to $220.00 and set an “outperform” rating for the company in a research note on Monday, January 6th. Finally, Robert W. Baird lowered their price objective on WEX from $285.00 to $230.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $215.91.

WEX Stock Performance

WEX traded down $0.24 during trading on Friday, reaching $151.69. 165,060 shares of the company’s stock were exchanged, compared to its average volume of 431,398. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.87. The business has a 50 day moving average price of $178.33 and a 200 day moving average price of $185.99. The company has a market capitalization of $6.03 billion, a P/E ratio of 19.27, a PEG ratio of 1.50 and a beta of 1.58. WEX has a fifty-two week low of $148.66 and a fifty-two week high of $244.04.

WEX (NYSE:WEX) last announced its earnings results on Wednesday, February 5th. The business services provider reported $3.13 earnings per share 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%. As a group, analysts predict that WEX will post 13.08 earnings per share for the current fiscal year.

Insider Transactions at WEX

In other news, COO Robert Joseph Deshaies sold 175 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $189.44, for a total transaction of $33,152.00. Following the completion of the sale, the chief operating officer now directly owns 7,582 shares in the company, valued at $1,436,334.08. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is currently owned by corporate 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.