What is Zacks Research’s Forecast for WEX FY2028 Earnings?

WEX Inc. (NYSE:WEX) – Equities research analysts at Zacks Research issued their FY2028 earnings estimates for WEX in a report released on Wednesday, February 25th. Zacks Research analyst Team expects that the business services provider will post earnings per share of $18.09 for the year. The consensus estimate for WEX’s current full-year earnings is $14.09 per share.

Several other research firms have also commented on WEX. UBS Group set a $165.00 price objective on WEX and gave the company a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Mizuho dropped their target price on WEX from $180.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. Cantor Fitzgerald boosted their price target on WEX from $158.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. decreased their price target on WEX from $175.00 to $155.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $162.27.

WEX Stock Performance

NYSE:WEX opened at $151.37 on Friday. The firm’s fifty day simple moving average is $155.15 and its 200 day simple moving average is $156.86. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.86. WEX has a twelve month low of $110.45 and a twelve month high of $180.71. The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 17.81, a PEG ratio of 1.16 and a beta of 0.98.

WEX (NYSE:WEX) last released its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.90 by $0.21. WEX had a net margin of 11.43% and a return on equity of 48.01%. The company had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. During the same period in the previous year, the firm earned $3.57 earnings per share. WEX’s revenue for the quarter was up 5.7% on a year-over-year basis. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS.

Institutional Trading of WEX

Several institutional investors have recently added to or reduced their stakes in WEX. Kera Capital Partners Inc. acquired a new position in WEX during the 4th quarter worth $275,000. Invesco Ltd. raised its stake in shares of WEX by 14.1% in the 4th quarter. Invesco Ltd. now owns 85,418 shares of the business services provider’s stock valued at $12,726,000 after purchasing an additional 10,537 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of WEX by 326.4% during the fourth quarter. Corient Private Wealth LLC now owns 36,191 shares of the business services provider’s stock worth $5,392,000 after purchasing an additional 27,703 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in WEX by 399.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,214 shares of the business services provider’s stock worth $1,820,000 after purchasing an additional 9,768 shares in the last quarter. Finally, Vident Advisory LLC grew its stake in WEX by 12.5% in the fourth quarter. Vident Advisory LLC now owns 5,884 shares of the business services provider’s stock worth $877,000 after purchasing an additional 656 shares in the last quarter. 97.47% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other WEX news, COO Robert Joseph Deshaies sold 3,238 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $150.22, for a total value of $486,412.36. Following the transaction, the chief operating officer directly owned 14,859 shares of the company’s stock, valued at $2,232,118.98. This represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Jennifer Kimball sold 494 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $151.40, for a total value of $74,791.60. Following the transaction, the chief accounting officer owned 3,671 shares of the company’s stock, valued at approximately $555,789.40. This trade represents a 11.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 8,154 shares of company stock worth $1,256,518. Company insiders own 1.40% of the company’s stock.

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.