In the latest quarter, 5 analysts rated WEX WEX, showing mixed opinions.
The table below summarizes their recent ratings, indicating shifts over the past month compared to earlier months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 0 | 4 | 0 | 0 |
Last 30 Days | 0 | 0 | 1 | 0 | 0 |
1 Month Ago | 1 | 0 | 1 | 0 | 0 |
2 Months Ago | 0 | 0 | 0 | 0 | 0 |
3 Months Ago | 0 | 0 | 2 | 0 | 0 |
Analysts have an average price target for WEX of $211.0, ranging from $190.00 to $255.00. This marks a 2.63% increase from the last target of $205.60.
Analyst Ratings Overview
This section describes how analysts view WEX based on their recent ratings and changes.
Analyst | Firm | Action | Rating | Current Target | Prior Target |
---|---|---|---|---|---|
Andrew Bauch | Wells Fargo | Raises | Equal-Weight | $200.00 | $190.00 |
Trevor Williams | Jefferies | Raises | Hold | $210.00 | $190.00 |
Mihir Bhatia | BofA Securities | Raises | Buy | $255.00 | $238.00 |
Tien-Tsin Huang | JP Morgan | Lowers | Neutral | $200.00 | $210.00 |
Andrew Bauch | Wells Fargo | Lowers | Equal-Weight | $190.00 | $200.00 |
Key Insights:
- Recommendations: Analysts modify their ratings based on market changes and company performance.
- Rating Guide: Different ratings signal analysts’ expectations for the stock’s performance.
- Price Predictions: Analysts provide future value estimates for WEX’s stock.
Stay informed by considering these evaluations along with essential financial metrics.
Stay updated on WEX analyst ratings.
About WEX
WEX Inc offers corporate payment solutions across three segments: Mobility, Benefits, and Corporate Payments. It primarily operates in the US.
WEX Financial Overview
Market Cap: WEX’s market cap is below industry average, suggesting smaller size compared to peers.
Revenue Growth: Recently reported an 8.4% revenue growth, trailing behind industry averages.
Profit Margins: With an 11.43% net margin, it’s below industry benchmarks, indicating profitability challenges.
ROE: At 4.32%, WEX’s return on equity is underwhelming compared to industry standards.
Debt Levels: WEX’s debt-to-equity ratio is 2.36, higher than its industry peers.
How Are Analyst Ratings Determined?
Analysts specialize in assessing specific stocks. They engage in research, attend company meetings, and produce quarterly ratings. Predictions often accompany their evaluations.
Breaking: Wall Street’s Next Big Mover
Benzinga’s top analyst has identified a potentially high-growth stock. Click for details.
This content is generated by Benzinga’s system and reviewed by an editor.
Market News brought to you by Benzinga APIs
© 2024 Benzinga.com. All rights reserved.
`