WEX (NYSE:WEX - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce 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 - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The business services provider reported $3.13 EPS for the quarter, topping analysts' consensus estimates of $2.97 by $0.16. WEX had a return on equity of 32.35% and a net margin of 11.78%. On average, analysts expect WEX to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.
WEX Stock Performance
WEX traded up $0.56 on Monday, hitting $130.47. 568,998 shares of the stock traded hands, compared to its average volume of 550,137. WEX has a 52 week low of $110.45 and a 52 week high of $220.32. 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 firm has a market capitalization of $4.47 billion, a PE ratio of 17.40, a P/E/G ratio of 2.06 and a beta of 1.33. The business has a fifty day moving average price of $143.67 and a two-hundred day moving average price of $167.10.
Analysts Set New Price Targets
WEX has been the topic of several research reports. Mizuho lowered their price target on WEX from $215.00 to $170.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Bank of America lowered WEX from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th. Citigroup downgraded WEX from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $260.00 to $190.00 in a report on Tuesday, January 14th. Wells Fargo & Company decreased their price objective on WEX from $160.00 to $140.00 and set an "equal weight" rating on the stock in a report on Thursday. Finally, William Blair reaffirmed a "market perform" rating on shares of WEX in a report on Thursday, February 6th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $185.80.
Read Our Latest Analysis on WEX
About WEX
(
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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.
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