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5 Analysts Share Insights on WEX Stoc

In the latest quarter, 5 analysts provided ratings for WEX (NYSE:WEX), showcasing a mix of bullish and bearish perspectives.The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings10400Last 30D001001M Ago101002M Ago000003M Ago00200Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $211.0, a high estimate of $255.00, and a low estimate of $190.00. This upward trend is evident, with the current average reflecting a 2.63% increase from the previous average price target of $205.60.Exploring Analyst Ratings: An In-Depth OverviewA comprehensive examination of how financial experts perceive WEX is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price TargetAndrew BauchWells FargoRaisesEqual-Weight$200.00$190.00Trevor WilliamsJefferiesRaisesHold$210.00$190.00Mihir BhatiaB of A SecuritiesRaisesBuy$255.00$238.00Tien-Tsin HuangJP MorganLowersNeutral$200.00$210.00Andrew BauchWells FargoLowersEqual-Weight$190.00$200.00Key Insights:Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to WEX. This information provides a snapshot of how analysts ...Full story available on Benzinga.com

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.

price target chart

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.

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