What is Zacks Research’s Forecast for WEX FY2027 Earnings?

WEX Inc. (NYSE:WEX) – Stock analysts at Zacks Research issued their FY2027 EPS estimates for WEX in a research report issued on Wednesday, February 26th. Zacks Research analyst R. Department forecasts that the business services provider will post earnings per share of $15.54 for the year. The consensus estimate for WEX’s current full-year earnings is $14.09 per share. Zacks Research also issued estimates for WEX’s FY2027 earnings at $15.54 EPS.

Several other research analysts also recently commented on WEX. Barclays reduced their target price on WEX from $200.00 to $155.00 and set an “equal weight” rating for the company in a research note on Monday, February 10th. Jefferies Financial Group upped their price objective on shares of WEX from $180.00 to $190.00 and gave the company a “hold” rating in a report on Wednesday, January 22nd. Citigroup lowered shares of WEX from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $260.00 to $190.00 in a research report on Tuesday, January 14th. Mizuho reduced their target price on shares of WEX from $215.00 to $170.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Finally, UBS Group lowered their price target on shares of WEX from $200.00 to $172.00 and set a “neutral” rating on the stock in a report on Friday, February 7th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, WEX presently has an average rating of “Hold” and a consensus target price of $195.73.

WEX Trading Down 0.4 %

WEX stock opened at $157.07 on Friday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.04 and a current ratio of 1.02. The stock has a 50-day simple moving average of $170.77 and a 200 day simple moving average of $183.57. The stock has a market capitalization of $6.10 billion, a P/E ratio of 20.94, a PEG ratio of 2.06 and a beta of 1.58. WEX has a 52 week low of $146.03 and a 52 week high of $244.04.

WEX (NYSE:WEX) last released its quarterly earnings data on Wednesday, February 5th. The business services provider reported $3.13 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.16. WEX had a net margin of 11.78% and a return on equity of 32.35%.

Institutional Investors Weigh In On WEX

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in WEX by 20,873.0% during the 3rd quarter. International Assets Investment Management LLC now owns 38,800 shares of the business services provider’s stock worth $8,138,000 after acquiring an additional 38,615 shares during the period. State of Alaska Department of Revenue increased its position in shares of WEX by 2.9% in the third quarter. State of Alaska Department of Revenue now owns 4,771 shares of the business services provider’s stock worth $1,000,000 after purchasing an additional 135 shares during the period. First Trust Direct Indexing L.P. raised its stake in WEX by 10.5% in the third quarter. First Trust Direct Indexing L.P. now owns 1,573 shares of the business services provider’s stock valued at $330,000 after purchasing an additional 149 shares in the last quarter. HM Payson & Co. lifted its position in WEX by 61.3% during the third quarter. HM Payson & Co. now owns 149,341 shares of the business services provider’s stock worth $31,321,000 after purchasing an additional 56,775 shares during the period. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in WEX during the third quarter worth about $2,329,000. 97.47% of the stock is currently owned by institutional investors and hedge funds.

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.