Zacks Research Has Negative Estimate for WEX Q1 Earnings

WEX Inc. (NYSE:WEX) – Research analysts at Zacks Research cut their Q1 2025 EPS estimates for WEX in a research note issued on Wednesday, February 26th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings of $2.86 per share for the quarter, down from their previous forecast of $3.25. The consensus estimate for WEX’s current full-year earnings is $14.09 per share. Zacks Research also issued estimates for WEX’s Q2 2025 earnings at $2.96 EPS, Q3 2025 earnings at $3.77 EPS, Q4 2025 earnings at $3.36 EPS, FY2025 earnings at $12.94 EPS, Q1 2026 earnings at $3.18 EPS, Q2 2026 earnings at $3.51 EPS, Q3 2026 earnings at $3.85 EPS, Q4 2026 earnings at $3.60 EPS and FY2026 earnings at $14.15 EPS.

A number of other research firms have also recently issued reports on WEX. Citigroup cut shares of WEX from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $260.00 to $190.00 in a research report on Tuesday, January 14th. Bank of America downgraded shares of WEX from a “buy” rating to a “neutral” rating in a report on Thursday, February 6th. Robert W. Baird set a $186.00 price objective on WEX in a report on Tuesday, February 18th. William Blair restated a “market perform” rating on shares of WEX in a research report on Thursday, February 6th. Finally, Mizuho dropped their target price on WEX from $215.00 to $170.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $195.73.

WEX Stock Down 1.3 %

Shares of NYSE WEX opened at $155.11 on Monday. The company has a market cap of $6.02 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 2.06 and a beta of 1.58. The company has a current ratio of 1.02, a quick ratio of 1.04 and a debt-to-equity ratio of 2.07. WEX has a 12 month low of $146.03 and a 12 month high of $244.04. The stock has a 50-day moving average price of $170.52 and a two-hundred day moving average price of $183.56.

WEX (NYSE:WEX) last issued its quarterly earnings results on Wednesday, February 5th. The business services provider reported $3.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.16. WEX had a return on equity of 32.35% and a net margin of 11.78%.

Institutional Trading of WEX

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its position in shares of WEX by 300.4% during the third quarter. Natixis Advisors LLC now owns 68,539 shares of the business services provider’s stock worth $14,375,000 after buying an additional 51,423 shares during the period. Fifth Third Bancorp boosted its position in WEX by 1,635.8% during the fourth quarter. Fifth Third Bancorp now owns 8,783 shares of the business services provider’s stock valued at $1,540,000 after acquiring an additional 8,277 shares during the last quarter. Atria Investments Inc grew its holdings in WEX by 289.0% during the 3rd quarter. Atria Investments Inc now owns 6,528 shares of the business services provider’s stock worth $1,369,000 after acquiring an additional 4,850 shares during the period. KBC Group NV raised its position in shares of WEX by 53.7% in the 4th quarter. KBC Group NV now owns 1,825 shares of the business services provider’s stock worth $320,000 after acquiring an additional 638 shares in the last quarter. Finally, Choreo LLC lifted its stake in shares of WEX by 33.7% in the 4th quarter. Choreo LLC now owns 2,373 shares of the business services provider’s stock valued at $405,000 after purchasing an additional 598 shares during the period. Institutional investors and hedge funds own 97.47% of the company’s stock.

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.