Brokers Issue Forecasts for WEX’s Q1 Earnings (NYSE:WEX)

WEX Inc. (NYSE:WEX) – Equities research analysts at Zacks Research dropped their Q1 2025 EPS estimates for shares of WEX in a note issued to investors on Wednesday, February 26th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings of $2.86 per share for the quarter, down from their previous estimate 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.

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

Several other brokerages also recently commented on WEX. Keefe, Bruyette & Woods lowered their target price on shares of WEX from $220.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, February 7th. William Blair restated a “market perform” rating on shares of WEX in a research report on Thursday, February 6th. Robert W. Baird set a $186.00 price target on shares of WEX in a research report on Tuesday, February 18th. Mizuho cut their target price on shares of WEX from $215.00 to $170.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Finally, Jefferies Financial Group increased their price target on shares of WEX from $180.00 to $190.00 and gave the stock a “hold” rating in a report on Wednesday, January 22nd. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $195.73.

WEX Stock Down 0.1 %

WEX stock opened at $154.73 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.02 and a debt-to-equity ratio of 2.07. The firm’s fifty day moving average is $170.20 and its 200 day moving average is $183.40. WEX has a 12-month low of $146.03 and a 12-month high of $244.04. The company has a market capitalization of $6.01 billion, a PE ratio of 20.63, a PEG ratio of 2.06 and a beta of 1.58.

Institutional Investors Weigh In On WEX

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Commerce Bank boosted its position in shares of WEX by 1.7% during the 3rd quarter. Commerce Bank now owns 3,624 shares of the business services provider’s stock valued at $760,000 after acquiring an additional 60 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of WEX by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 1,283 shares of the business services provider’s stock worth $225,000 after purchasing an additional 65 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of WEX by 25.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 327 shares of the business services provider’s stock valued at $56,000 after buying an additional 66 shares during the period. Xponance Inc. increased its stake in shares of WEX by 1.4% during the fourth quarter. Xponance Inc. now owns 4,864 shares of the business services provider’s stock valued at $853,000 after buying an additional 68 shares during the period. Finally, Deroy & Devereaux Private Investment Counsel Inc. increased its stake in shares of WEX by 0.6% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 11,175 shares of the business services provider’s stock valued at $1,959,000 after buying an additional 70 shares during the period. 97.47% of the stock is owned by hedge funds and other institutional investors.

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.