WEX (NYSE:WEX) Updates Q1 2025 Earnings Guidance

WEX (NYSE:WEX) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.350-3.500 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Wolfe Research lowered shares of WEX from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Jefferies Financial Group upped their target price on shares of WEX from $180.00 to $190.00 and gave the stock a “hold” rating in a research report on Wednesday, January 22nd. Barclays reaffirmed an “equal weight” rating and issued a $200.00 target price (down from $207.00) on shares of WEX in a research report on Tuesday, December 17th. Keefe, Bruyette & Woods reduced their target price on shares of WEX from $247.00 to $220.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th. Finally, Wells Fargo & Company reduced their target price on shares of WEX from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, October 25th. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $217.73.

WEX Price Performance

Shares of WEX stock traded up $3.03 on Wednesday, reaching $187.09. The company’s stock 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’s fifty day simple moving average is $179.09 and its 200-day simple moving average is $186.23. The company has a market capitalization of $7.44 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 1.50 and a beta of 1.58. WEX has a 1 year low of $165.51 and a 1 year high of $244.04.

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

Insider Transactions at WEX

In related news, COO Robert Joseph Deshaies sold 175 shares of the 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 transaction, the chief operating officer now owns 7,582 shares in the company, valued at approximately $1,436,334.08. This represents a 2.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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.