WEX Inc. (NYSE:WEX) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Consensus "Hold": Sixteen analysts give WEX a consensus rating of "Hold" (12 Hold, 4 Buy) with an average 12‑month price target of $169.27.
• Quarterly beat and guidance: WEX topped Q1 estimates with $4.15 EPS vs. $3.92 expected and $673.8M revenue vs. $660.96M, and set FY2026 EPS guidance of $18.95–$19.55 (Q2 guide $4.93–$5.13).
• Insider selling amid heavy institutional ownership: Insiders sold 15,479 shares (~$2.45M) over the last 90 days while institutional investors own about 97.47% of the stock and insiders hold 1.40%.

WEX Inc. (NYSE:WEX - Get Free Report) has been given a consensus rating of "Hold" by the sixteen research firms that are presently covering the firm, MarketBeat.com reports. Twelve investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $169.2727.

A number of brokerages recently issued reports on WEX. Mizuho dropped their target price on WEX from $180.00 to $170.00 and set an "outperform" rating on the stock in a research report on Friday, February 6th. Wall Street Zen downgraded WEX from a "buy" rating to a "hold" rating in a research note on Saturday. Cantor Fitzgerald raised their price target on WEX from $158.00 to $166.00 and gave the company a "neutral" rating in a research note on Monday, February 9th. Morgan Stanley raised their price target on WEX from $146.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. decreased their price target on WEX from $175.00 to $155.00 and set a "neutral" rating for the company in a research note on Friday, February 6th.

Insider Transactions at WEX

In other WEX news, COO Robert Joseph Deshaies sold 3,238 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $150.22, for a total value of $486,412.36. Following the completion of the transaction, the chief operating officer directly owned 14,859 shares in the company, valued at $2,232,118.98. This trade represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Sara Trickett sold 1,815 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $149.95, for a total value of $272,159.25. Following the completion of the transaction, the insider owned 2,137 shares of the company's stock, valued at approximately $320,443.15. This represents a 45.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 15,479 shares of company stock valued at $2,454,914. 1.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp lifted its holdings in WEX by 387.1% during the 1st quarter. Fifth Third Bancorp now owns 28,746 shares of the business services provider's stock valued at $4,399,000 after purchasing an additional 22,845 shares during the last quarter. Isthmus Partners LLC increased its holdings in shares of WEX by 22.7% in the first quarter. Isthmus Partners LLC now owns 2,549 shares of the business services provider's stock valued at $390,000 after purchasing an additional 472 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of WEX by 2.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 6,979 shares of the business services provider's stock valued at $1,068,000 after purchasing an additional 167 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of WEX during the 1st quarter worth about $201,000. Finally, HB Wealth Management LLC acquired a new stake in shares of WEX during the 1st quarter worth about $286,000. 97.47% of the stock is owned by institutional investors and hedge funds.

WEX Price Performance

Shares of WEX opened at $151.08 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.83. WEX has a 1 year low of $120.03 and a 1 year high of $186.85. The stock has a market cap of $5.24 billion, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 0.95 and a beta of 0.87. The stock's 50-day moving average price is $158.54 and its two-hundred day moving average price is $154.46.

WEX (NYSE:WEX - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.15 EPS for the quarter, topping analysts' consensus estimates of $3.92 by $0.23. The company had revenue of $673.80 million for the quarter, compared to analyst estimates of $660.96 million. WEX had a return on equity of 42.66% and a net margin of 11.50%.WEX's revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm posted $3.51 earnings per share. WEX has set its FY 2026 guidance at 18.950-19.550 EPS and its Q2 2026 guidance at 4.930-5.130 EPS. On average, equities analysts predict that WEX will post 16.34 earnings per share for the current year.

WEX Company Profile

WEX Inc is a global financial technology company specializing in business payment solutions for fleet, travel, and corporate payments. The company delivers software-driven platforms and card-based services that help businesses automate payment processes, manage expenses and improve operational efficiency across a range of industries, including transportation, healthcare and government.

Founded in 1983 as Wright Express in Portland, Maine, the company began by offering fuel card services to trucking fleets.

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