WEX (WEX) Projected to Post Earnings on Thursday

WEX (NYSE:WEX) is expected to release its earnings data before the market opens on Thursday, February 13th. Analysts expect WEX to post earnings of $3.56 per share and revenue of $635.64 million for the quarter. WEX has set its Q1 2025 guidance at 3.350-3.500 EPS and its FY 2025 guidance at 14.650-15.250 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

WEX (NYSE:WEX) last issued its quarterly earnings results on Wednesday, February 5th. The business services provider reported $3.13 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.16. WEX had a return on equity of 32.35% and a net margin of 11.78%. On average, analysts expect WEX to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

WEX Stock Up 0.6 %

Shares of NYSE:WEX opened at $155.25 on Wednesday. WEX has a 1 year low of $146.03 and a 1 year high of $244.04. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.02 and a quick ratio of 1.04. The business’s 50-day moving average is $176.28 and its 200-day moving average is $185.51. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 20.70, a P/E/G ratio of 1.24 and a beta of 1.58.

Insider Activity

In related news, COO Robert Joseph Deshaies sold 175 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $189.44, for a total transaction of $33,152.00. Following the transaction, the chief operating officer now directly owns 7,582 shares of the company’s stock, valued at $1,436,334.08. This trade represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

WEX has been the topic of a number of research analyst reports. William Blair restated a “market perform” rating on shares of WEX in a report on Thursday, February 6th. Barclays cut their target price on shares of WEX from $200.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Monday. Mizuho decreased their price target on shares of WEX from $215.00 to $170.00 and set an “outperform” rating for the company in a research note on Monday. Citigroup cut shares of WEX from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $260.00 to $190.00 in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company decreased their target price on WEX from $180.00 to $160.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, WEX has an average rating of “Hold” and an average target price of $199.73.

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.