WEX Inc. (NYSE:WEX) Receives Average Rating of “Hold” from Analysts

Shares of WEX Inc. (NYSE:WEX) have received a consensus recommendation of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. Twelve research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $162.2727.

A number of research firms recently issued reports on WEX. Mizuho reduced their target price on WEX from $180.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. UBS Group set a $165.00 price target on WEX and gave the stock a “neutral” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. reduced their price objective on WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Cantor Fitzgerald increased their price objective on WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Finally, Wall Street Zen cut WEX from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th.

WEX Price Performance

Shares of NYSE WEX opened at $151.73 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.86. The company’s 50-day moving average price is $155.19 and its 200 day moving average price is $157.08. WEX has a 52 week low of $110.45 and a 52 week high of $180.71. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 1.21 and a beta of 0.98.

WEX (NYSE:WEX) last announced its quarterly earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.90 by $0.21. The company had revenue of $672.90 million for the quarter, compared to the consensus estimate of $660.89 million. WEX had a net margin of 11.43% and a return on equity of 48.01%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.57 earnings per share. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. As a group, research analysts forecast that WEX will post 14.09 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Jennifer Kimball sold 494 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $151.40, for a total transaction of $74,791.60. Following the transaction, the chief accounting officer owned 3,671 shares of the company’s stock, valued at approximately $555,789.40. This represents a 11.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Carlos Carriedo sold 1,575 shares of WEX stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $159.90, for a total transaction of $251,842.50. Following the completion of the sale, the chief operating officer directly owned 3,695 shares of the company’s stock, valued at $590,830.50. The trade was a 29.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,607 shares of company stock valued at $723,274 in the last ninety days. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On WEX

Several hedge funds have recently made changes to their positions in the business. Los Angeles Capital Management LLC purchased a new stake in shares of WEX in the fourth quarter valued at $25,000. Quent Capital LLC purchased a new stake in WEX in the 3rd quarter valued at about $28,000. Steph & Co. acquired a new position in shares of WEX during the 3rd quarter valued at about $35,000. First Horizon Corp lifted its holdings in shares of WEX by 65.7% during the 4th quarter. First Horizon Corp now owns 237 shares of the business services provider’s stock worth $35,000 after acquiring an additional 94 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of WEX by 368.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock worth $35,000 after acquiring an additional 173 shares during the period. Institutional investors and hedge funds own 97.47% of the company’s stock.

About WEX

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.