WEX (NYSE:WEX) Updates Q1 2025 Earnings Guidance

WEX (NYSE:WEX) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.350-3.500 for the period, compared to the consensus estimate of 3.780. The company issued revenue guidance of $625.0 million-$640.0 million, compared to the consensus revenue estimate of $661.2 million. WEX also updated its FY 2025 guidance to 14.650-15.250 EPS.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WEX. Wolfe Research lowered WEX from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Keefe, Bruyette & Woods cut their target price on shares of WEX from $247.00 to $220.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th. William Blair restated a “market perform” rating on shares of WEX in a research note on Thursday. Citigroup lowered shares of WEX from a “buy” rating to a “neutral” rating and cut their price target for the company from $260.00 to $190.00 in a research note on Tuesday, January 14th. Finally, Barclays reiterated an “equal weight” rating and issued a $200.00 target price (down previously from $207.00) on shares of WEX in a research report on Tuesday, December 17th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, WEX has an average rating of “Hold” and a consensus target price of $215.91.

WEX Stock Performance

Shares of WEX stock traded down $0.24 on Friday, reaching $151.69. 165,060 shares of the company were exchanged, compared to its average volume of 431,398. WEX has a 1-year low of $148.66 and a 1-year high of $244.04. The company’s 50-day moving average is $178.33 and its two-hundred day moving average is $185.99. 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 firm has a market cap of $6.03 billion, a price-to-earnings ratio of 19.27, a P/E/G ratio of 1.50 and a beta of 1.58.

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

Insider Buying and Selling

In other news, COO Robert Joseph Deshaies sold 175 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $189.44, for a total value of $33,152.00. Following the sale, the chief operating officer now owns 7,582 shares in the company, valued at approximately $1,436,334.08. The trade was a 2.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.10% of the stock is currently owned by corporate insiders.

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.