WEX (WEX) Projected to Post Earnings on Wednesday

WEX (NYSE:WEX) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect WEX to post earnings of $3.39 per share and revenue of $631.42 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.

WEX (NYSE:WEX) last announced its quarterly 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 net margin of 11.78% and a return on equity of 32.35%. 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 3.0 %

NYSE:WEX opened at $124.10 on Wednesday. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 2.06 and a beta of 1.33. The company has a current ratio of 1.02, a quick ratio of 1.04 and a debt-to-equity ratio of 2.07. The stock has a 50-day moving average price of $145.81 and a two-hundred day moving average price of $169.67. WEX has a 1 year low of $110.45 and a 1 year high of $235.20.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WEX shares. Mizuho cut their price target on shares of WEX from $215.00 to $170.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. William Blair reiterated a “market perform” rating on shares of WEX in a report on Thursday, February 6th. Jefferies Financial Group boosted their price target on WEX from $180.00 to $190.00 and gave the stock a “hold” rating in a research report on Wednesday, January 22nd. Citigroup downgraded WEX from a “buy” rating to a “neutral” rating and cut their price objective for the company from $260.00 to $190.00 in a report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of WEX from $220.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $187.80.

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.