WEX (NYSE:WEX) Updates FY 2025 Earnings Guidance

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

A number of equities analysts have recently weighed in on the company. Bank of America upped their target price on WEX from $238.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Robert W. Baird dropped their price objective on shares of WEX from $285.00 to $230.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Jefferies Financial Group lifted their price objective on shares of WEX from $180.00 to $190.00 and gave the company a “hold” rating in a report on Wednesday, January 22nd. Citigroup lowered shares of WEX from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $260.00 to $190.00 in a report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods cut their price target on WEX from $247.00 to $220.00 and set an “outperform” rating for the company in a research note on Monday, January 6th. Eight 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 stock. Based on data from MarketBeat, WEX currently has an average rating of “Moderate Buy” and an average price target of $217.73.

WEX Stock Performance

WEX stock traded up $3.03 during midday trading on Wednesday, hitting $187.09. The company’s stock had a trading volume of 512,417 shares, compared to its average volume of 367,886. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 23.74, a PEG ratio of 1.50 and a beta of 1.58. 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 stock’s 50-day moving average price is $179.15 and its 200 day moving average price is $186.23. WEX has a 1 year low of $165.51 and a 1 year high of $244.04.

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

Insider Transactions at WEX

In related news, COO Robert Joseph Deshaies sold 175 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $189.44, for a total value of $33,152.00. Following the sale, the chief operating officer now directly owns 7,582 shares in the company, valued at approximately $1,436,334.08. The trade was a 2.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.10% of the stock is currently owned by company insiders.

About WEX

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.