Wall Street predicts WEX Inc (WEX) stock to surge by 5.91%

WEX Inc [WEX] stock prices are up 0.87% to $175.62 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WEX shares have gain 14.68% over the last week, with a monthly amount glided 21.40%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

On February 06, 2025, downgrade downgraded it’s rating to Mkt Perform. BofA Securities downgraded its rating to a Neutral. Citigroup downgraded its rating to a Neutral and reduced its price target to $190 on January 14, 2025. Barclays downgraded its rating to Equal Weight for this stock on December 17, 2024, and downed its price target to $200. In a note dated October 28, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.

The stock price of WEX Inc [WEX] has been fluctuating between $110.45 and $217.47 over the past year. Currently, Wall Street analysts expect the stock to reach $186 within the next 12 months. WEX Inc [NYSE: WEX] shares were valued at $175.62 at the most recent close of the market. An investor can expect a potential return of 5.91% based on the average WEX price forecast.

Analyzing the WEX fundamentals

The WEX Inc [NYSE:WEX] reported sales of 2.60B for trailing twelve months, representing a drop of -2.06%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.22 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 6.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 171.15 points at the first support level, and at 166.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 178.60, and for the 2nd resistance point, it is at 181.58.

Ratios To Look Out For

It’s worth pointing out that WEX Inc [NYSE:WEX]’s Current Ratio is 1.04. Further, the Quick Ratio stands at 1.04, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 2.32, the price to book ratio is 6.15 and price to earnings (TTM) ratio is 22.19.

Transactions by insiders

Recent insider trading involved Kimball Jennifer, Chief Accounting Officer, that happened on Jun 02 ’25 when 1400.0 shares were sold. Chair, CEO, and President, Smith Melissa D completed a deal on May 29 ’25 to buy 3721.0 shares. Meanwhile, Officer Kimball Jennifer bought 1400.0 shares on Jun 02 ’25.

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