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

WEX Inc. (NYSE:WEX) has been given an average recommendation of “Hold” by the fifteen ratings firms that are covering the firm, MarketBeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $162.2727.

WEX has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of WEX in a report on Wednesday, January 21st. Cantor Fitzgerald increased their target price on WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Morgan Stanley set a $146.00 price target on WEX in a research note on Friday, February 6th. JPMorgan Chase & Co. lowered their price objective on WEX from $175.00 to $155.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Finally, Mizuho cut their target price on shares of WEX from $180.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th.

WEX Trading Up 3.2%

Shares of WEX opened at $157.59 on Tuesday. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.05 and a current ratio of 1.05. WEX has a 52-week low of $110.45 and a 52-week high of $180.71. The firm has a market cap of $5.40 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 1.22 and a beta of 0.98. The business’s fifty day moving average is $154.92 and its 200-day moving average is $157.58.

WEX (NYSE:WEX) last released its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, beating the consensus estimate of $3.90 by $0.21. The business had revenue of $672.90 million for the quarter, compared to analyst estimates of $660.89 million. WEX had a return on equity of 48.01% and a net margin of 11.43%.WEX’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities analysts anticipate that WEX will post 14.09 EPS for the current fiscal year.

Insider Buying and Selling at WEX

In other WEX news, CAO Jennifer Kimball sold 494 shares of WEX stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $151.40, for a total transaction of $74,791.60. Following the transaction, the chief accounting officer directly owned 3,671 shares of the company’s stock, valued at approximately $555,789.40. The trade was a 11.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Robert Joseph Deshaies sold 1,032 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $166.00, for a total value of $171,312.00. Following the completion of the sale, the chief operating officer directly owned 15,699 shares of the company’s stock, valued at approximately $2,606,034. The trade was a 6.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,032 shares of company stock worth $471,431. 1.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WEX

Institutional investors have recently modified their holdings of the company. American Century Companies Inc. boosted its position in WEX by 1.9% during the second quarter. American Century Companies Inc. now owns 3,205 shares of the business services provider’s stock valued at $471,000 after acquiring an additional 60 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of WEX by 0.7% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 9,615 shares of the business services provider’s stock valued at $1,515,000 after purchasing an additional 70 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in WEX by 3.0% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 2,558 shares of the business services provider’s stock worth $403,000 after purchasing an additional 74 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in WEX by 1.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,985 shares of the business services provider’s stock worth $785,000 after purchasing an additional 94 shares in the last quarter. Finally, First Horizon Corp lifted its stake in WEX by 65.7% in the fourth quarter. First Horizon Corp now owns 237 shares of the business services provider’s stock valued at $35,000 after buying an additional 94 shares during the period. 97.47% of the stock is owned by institutional investors.

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.