Zacks Research Has Pessimistic Outlook of WEX Q1 Earnings

WEX Inc. (NYSE:WEX) – Equities research analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for shares of WEX in a research note issued to investors on Wednesday, February 25th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $3.39 for the quarter, down from their prior estimate of $3.41. The consensus estimate for WEX’s current full-year earnings is $14.09 per share. Zacks Research also issued estimates for WEX’s Q2 2026 earnings at $3.71 EPS, Q3 2026 earnings at $4.23 EPS, Q4 2026 earnings at $3.81 EPS, FY2026 earnings at $15.13 EPS, Q1 2027 earnings at $3.67 EPS, Q2 2027 earnings at $4.10 EPS, Q3 2027 earnings at $4.52 EPS, Q4 2027 earnings at $4.27 EPS and FY2027 earnings at $16.56 EPS.

WEX (NYSE:WEX) last announced its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 earnings per share 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 business had revenue of $672.90 million for the quarter, compared to analyst estimates of $660.89 million. During the same period in the prior year, the firm posted $3.57 EPS. The company’s revenue 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.

WEX has been the topic of a number of other reports. UBS Group set a $165.00 price objective on WEX and gave the stock a “neutral” rating in a report on Friday, February 6th. Morgan Stanley set a $146.00 target price on shares of WEX in a research report on Friday, February 6th. Wall Street Zen lowered shares of WEX from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Mizuho decreased their price objective on shares of WEX from $180.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Finally, Cantor Fitzgerald increased their price objective on shares of WEX from $158.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Three analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $162.27.

WEX Price Performance

Shares of WEX stock opened at $158.02 on Monday. The business’s fifty day moving average price is $155.21 and its 200 day moving average price is $156.38. WEX has a twelve month low of $110.45 and a twelve month high of $180.71. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.86. The stock has a market capitalization of $5.42 billion, a P/E ratio of 18.59, a PEG ratio of 1.15 and a beta of 0.97.

Institutional Trading of WEX

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC bought a new position in shares of WEX in the fourth quarter valued at about $25,000. Quent Capital LLC bought a new stake in shares of WEX during the third quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of WEX by 368.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 173 shares in the last quarter. Steph & Co. bought a new position in WEX in the 3rd quarter worth approximately $35,000. Finally, Hantz Financial Services Inc. raised its position in WEX by 162.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 228 shares of the business services provider’s stock worth $36,000 after purchasing an additional 141 shares during the last quarter. Institutional investors own 97.47% of the company’s stock.

Insider Activity at WEX

In other WEX news, COO Robert Joseph Deshaies sold 3,238 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $150.22, for a total value of $486,412.36. Following the completion of the sale, 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 Securities & Exchange Commission, which is available at this link. Also, COO Carlos Carriedo sold 1,575 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $159.90, for a total transaction of $251,842.50. Following the transaction, the chief operating officer owned 3,695 shares in the company, valued at approximately $590,830.50. The trade was a 29.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,154 shares of company stock valued at $1,256,518 in the last 90 days. 1.40% of the stock is owned by company insiders.

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.