WEX (NYSE:WEX) Issues 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.

WEX Price Performance

WEX stock traded up $3.03 during trading hours on Wednesday, hitting $187.09. 512,417 shares of the stock were exchanged, compared to its average volume of 367,886. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market capitalization of $7.44 billion, a P/E ratio of 23.74, a P/E/G ratio of 1.50 and a beta of 1.58. WEX has a 12 month low of $165.51 and a 12 month high of $244.04. The business’s 50-day moving average is $179.09 and its two-hundred day moving average is $186.23.

WEX (NYSE:WEX) last announced its quarterly earnings data on Wednesday, February 5th. The business services provider reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.97 by $0.16. WEX had a net margin of 12.45% and a return on equity of 31.35%. Equities research analysts expect that WEX will post 13.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WEX. Bank of America upped their price target on shares of WEX from $238.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Wolfe Research lowered shares of WEX from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Barclays reiterated an “equal weight” rating and issued a $200.00 price target (down previously from $207.00) on shares of WEX in a research note on Tuesday, December 17th. Jefferies Financial Group upped their price target on shares of WEX from $180.00 to $190.00 and gave the company a “hold” rating in a research note on Wednesday, January 22nd. Finally, Wells Fargo & Company decreased their price target on shares of WEX from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, October 25th. Eight equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $217.73.

Insider Transactions at WEX

In related news, COO Robert Joseph Deshaies sold 175 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $189.44, for a total transaction of $33,152.00. Following the completion of the transaction, the chief operating officer now owns 7,582 shares of the company’s stock, valued at approximately $1,436,334.08. The trade was a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate 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.