1 week Ago By ABMN Staff
WEX Inc. ( NYSE:WEX – Get Free Report ) has been given an average recommendation of “Hold” by the twelve analysts that are covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and three have issued a buy rating on the company.
The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $185.80. A number of brokerages have recently issued reports on WEX.
Wells Fargo & Company dropped their price target on shares of WEX from $160.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Thursday.
William Blair reissued a “market perform” rating on shares of WEX in a report on Thursday, February 6th. Citigroup downgraded shares of WEX from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $260.00 to $190.
00 in a report on Tuesday, January 14th. Robert W. Baird set a $186.
00 price objective on shares of WEX in a report on Tuesday, February 18th. Finally, Jefferies Financial Group boosted their price objective on shares of WEX from $180.00 to $190.
00 and gave the stock a “hold” rating in a report on Wednesday, January 22nd. Read Our Latest Report on WEX Institutional Trading of WEX WEX Trading Down 0.5 % NYSE WEX opened at $129.
47 on Wednesday. WEX has a one year low of $110.45 and a one year high of $220.
32. 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 firm’s fifty day moving average is $144.
15 and its two-hundred day moving average is $167.68. The firm has a market cap of $4.
43 billion, a PE ratio of 17.26, a P/E/G ratio of 2.06 and a beta of 1.
33. WEX ( NYSE:WEX – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 5th. The business services provider reported $3.
13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.16.
WEX had a net margin of 11.78% and a return on equity of 32.35%.
Analysts expect that WEX will post 14.09 earnings per share for the current year. About WEX ( Get Free Report 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. Further Reading Receive News & Ratings for WEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WEX and related companies with MarketBeat.com's FREE daily email newsletter .
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