Ultime notizie per WEX (NYSE:WEX) Azioni

WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the largest segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.

WEX Inc

WESTERN EXPL INC VTG by Western Exploration Inc.

Western Exploration Inc

<p><i>Digital shopping solution allows users to purchase grocery and over-the-counter products through a single integrated portal</i></p>
<p><a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wexinc.com%2F&amp;esheet=54156003&amp;newsitemid=20241121379392&amp;lan=en-US&amp;anchor=WEX&amp;index=1&amp;md5=0f143c0913f61cdb39d9d67d39e31bdb">WEX</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>), the global commerce platform that simplifies the business of running a business, today announced the release of the WEX Medicare Advantage marketplace, a new digital shopping solution embedded within the member experience of its Medicare Advantage supplemental benefits platform.</p>
<p>This expands the brick-and-mortar merchant network that Medicare Advantage members already have access to with an enhanced online shopping experience that allows members to purchase eligible over-the-counter (OTC) products and grocery items within WEX's integrated member portal. WEX's Medicare Advantage marketplace allows members to shop the way they choose – whether that's online or in a physical retail location.</p>


News

WEX Announces The Release Of The WEX Medicare Advantage Marketplace, A New Digital Shopping Solution Embedded Within The Member Experience Of Its Medicare Advantage Supplemental Benefits Platform

<p>Wolfe Research  analyst Darrin Peller   downgrades WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) from Outperform to Peer Perform.</p>


Downgrades

Analyst Ratings

Wolfe Research Downgrades WEX to Peer Perform

<p>Wells Fargo  analyst Andrew Bauch   maintains WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) with a Equal-Weight and lowers the price target from $200 to $180.</p>


Price Target

Wells Fargo Maintains Equal-Weight on WEX, Lowers Price Target to $180

<p>Baird  analyst David Koning   maintains WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) with a Outperform and lowers the price target from $285 to $230.</p>


Baird Maintains Outperform on WEX, Lowers Price Target to $230

WIIM

WEX shares are trading lower after the company reported worse-than-expected Q3 financial results and cut its FY24 guidance.

Guidance

WEX Cuts FY24 Revenue Outlook From $2.68B - $2.72B To $2.62B - $2.63B (Est $2.689M); Adjusted EPS Outlook From $15.98 -$16.38 To $15.21 - $15.31 (Est $16.05)

WEX Expects Q4 Revenue Of $630M - $640M (Est $674.49M) And Adjusted EPS Of $3.51 - $3.61 (Est $4.28)

<p>WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) reported quarterly earnings of $4.35 per share which missed the analyst consensus estimate of $4.42 by 1.58 percent. This is a 7.41 percent increase over earnings of $4.05 per share from the same period last year. The company reported quarterly sales of $665.50 million which missed the analyst consensus estimate of $687.61 million by 3.22 percent. This is a 2.16 percent increase over sales of $651.40 million the same period last year.</p>


Earnings

Earnings Misses

WEX Q3 2024 Adj EPS $4.35 Misses $4.42 Estimate, Sales $665.50M Miss $687.61M Estimate

<p>WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate WEX to report an <strong>earnings per share</strong> (EPS) of $4.47.</p>
<p>Anticipation surrounds WEX's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.</p>
<p>New investors should understand that while earnings performance is important, market reactions are often driven by guidance.</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.11, which was followed by a 4.83% increase in the share price the next day.</p>
<p>Here's a look at WEX's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>3.80</td>
<td>3.48</td>
<td>3.70</td>
<td>3.76</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>3.91</td>
<td>3.46</td>
<td>3.82</td>
<td>4.05</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>5.0%</td>
<td>1.0%</td>
<td>2.0%</td>
<td>-2.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729706503_0.png" alt="eps graph" /></p>
<h3>Performance of WEX Shares</h3>
<p>Shares of WEX were trading at $211.33 as of October 22. Over the last 52-week period, shares are up 28.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analyst Opinions on WEX</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on WEX.</p>
<p>Analysts have provided WEX with 5 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $211.0, suggesting a potential 0.16% downside.</p>
<h3>Comparing Ratings with Peers</h3>
<p>The following analysis focuses on the analyst ratings and average 1-year price targets of Shift4 Payments, Euronet Worldwide and Jack Henry &amp; Associates, three prominent industry players, providing insights into their relative performance expectations and market positioning.</p>
<ul>
<li>The consensus among analysts is an Outperform trajectory for Shift4 Payments, with an average 1-year price target of $101.92, indicating a potential 51.77% downside.</li>
<li>As per analysts' assessments, Euronet Worldwide is favoring an Buy trajectory, with an average 1-year price target of $123.0, suggesting a potential 41.8% downside.</li>
<li>The consensus among analysts is an Neutral trajectory for Jack Henry &amp; Associates, with an average 1-year price target of $189.6, indicating a potential 10.28% downside.</li>
</ul>
<h3>Peer Metrics Summary</h3>
<p>Within the peer analysis summary, vital metrics for Shift4 Payments, Euronet Worldwide and Jack Henry &amp; Associates are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>WEX</td>
<td>Neutral</td>
<td>8.40%</td>
<td>$409.80M</td>
<td>4.32%</td>
</tr>
<tr>
<td>Shift4 Payments</td>
<td>Outperform</td>
<td>29.83%</td>
<td>$231.80M</td>
<td>5.70%</td>
</tr>
<tr>
<td>Euronet Worldwide</td>
<td>Buy</td>
<td>5.02%</td>
<td>$405.40M</td>
<td>6.76%</td>
</tr>
<tr>
<td>Jack Henry &amp; Associates</td>
<td>Neutral</td>
<td>4.73%</td>
<td>$232.64M</td>
<td>5.58%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>WEX ranks in the middle among its peers for revenue growth, with a growth rate of 8.40%. It ranks at the bottom for gross profit at $409.80M. In terms of return on equity, WEX is also at the bottom with a rate of 4.32%. Overall, WEX's performance is average compared to its peers in the analysis.</p>
<h3>Unveiling the Story Behind WEX</h3>
<p>WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the largest segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.</p>
<h3>WEX's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Analysis:</strong> Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Positive Revenue Trend:</strong> Examining WEX's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>8.4%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>11.43%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> WEX's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>4.32%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> WEX's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of <strong>0.54%,</strong> the company may face hurdles in generating optimal returns from its assets.</p>
<p><strong>Debt Management:</strong> WEX's debt-to-equity ratio surpasses industry norms, standing at <strong>2.36</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<p><a href="https://www.benzinga.com/quote/WEX/earnings"><strong>To track all earnings releases for WEX visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Exploring WEX's Earnings Expectations

<p>In the latest quarter, 5 analysts provided ratings for WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>), showcasing a mix of bullish and bearish perspectives.</p>
<p>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.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts 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.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729530077_0.png" alt="price target chart" /></p>
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
<p>A 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.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$200.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Trevor Williams</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$210.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Mihir Bhatia</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$255.00</td>
<td>$238.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$200.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$190.00</td>
<td>$200.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> 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 perceive the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of WEX compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of WEX's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into WEX's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/WEX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on WEX analyst ratings.</strong></a></p>
<h2>About WEX</h2>
<p>WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the largest segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.</p>
<h3>WEX: A Financial Overview</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> WEX's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately <strong>8.4%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>11.43%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> WEX's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>4.32%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> WEX's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of <strong>0.54%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Debt Management:</strong> WEX's debt-to-equity ratio surpasses industry norms, standing at <strong>2.36</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Beyond The Numbers: 5 Analysts Discuss WEX Stock

<p>In the latest quarter, 5 analysts provided ratings for WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>), showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have recently evaluated WEX and provided 12-month price targets. The average target is $211.0, accompanied by a high estimate of $255.00 and a low estimate of $190.00. This upward trend is apparent, with the current average reflecting a 2.63% increase from the previous average price target of $205.60.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729530070_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>The analysis of recent analyst actions sheds light on the perception of WEX by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$200.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Trevor Williams</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$210.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Mihir Bhatia</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$255.00</td>
<td>$238.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$200.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Andrew Bauch</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$190.00</td>
<td>$200.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> 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 perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of WEX compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for WEX's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of WEX's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/WEX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on WEX analyst ratings.</strong></a></p>
<h2>Discovering WEX: A Closer Look</h2>
<p>WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the largest segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.</p>
<h3>Financial Insights: WEX</h3>
<p><strong>Market Capitalization Analysis:</strong> Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> WEX displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>8.4%</strong>. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>11.43%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> WEX's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>4.32%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> WEX's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of <strong>0.54%,</strong> the company may encounter challenges in delivering satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> WEX's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>2.36</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


A Glimpse Into The Expert Outlook On WEX Through 5 Analysts

<p>Wells Fargo  analyst Andrew Bauch   maintains WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) with a Equal-Weight and raises the price target from $190 to $200.</p>


Wells Fargo Maintains Equal-Weight on WEX, Raises Price Target to $200

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
<ul>
<li>Jefferies raised <strong>WEX Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) price target from $190 to $210. Jefferies analyst Trevor Williams maintained a Hold rating. WEX shares closed at $213.76 on Tuesday. <a href="https://www.benzinga.com/quote/WEX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup boosted the price target for <strong>The Trade Desk, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) from $115 to $140. Citigroup analyst Ygal Arounian maintained a Buy rating. Trade Desk shares closed at $117.68 on Tuesday. <a href="https://www.benzinga.com/quote/TTD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs raised the price target for <strong>Aramark </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) from $38 to $41. Goldman Sachs analyst Lizzie Dove maintained a Buy rating. Aramark shares closed at $39.01 on Tuesday. <a href="https://www.benzinga.com/quote/ARMK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>TD Cowen raised <strong>McDonald&#8217;s Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) price target from $280 to $300. TD Cowen analyst Andrew Charles maintained a HOLD rating. McDonald&#8217;s shares closed at $313.34 on Tuesday. <a href="https://www.benzinga.com/quote/MCD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson cut <strong>Coty Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) price target from $17 to $14.5. DA Davidson analyst Linda Bolton Weiser maintained a Buy rating. Coty shares closed at $8.18 on Tuesday. <a href="https://www.benzinga.com/quote/COTY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised <strong>The Goldman Sachs Group, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) price target from $472 to $520. JP Morgan analyst Kian Abouhossein maintained an Overweight rating. Goldman Sachs shares closed at $522.38 on Tuesday. <a href="https://www.benzinga.com/quote/GS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS cut the price target for <strong>UnitedHealth Group Incorporated</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) from $680 to $650. UBS analyst Kevin Caliendo maintained a Buy rating. UnitedHealth settled at $556.29 on Tuesday. <a href="https://www.benzinga.com/quote/UNH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna raised <strong>Las Vegas Sands Corp</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) price target from $51 to $59. Susquehanna analyst Joseph Stauff maintained a Positive rating. Las Vegas Sands shares closed at $50.95 on Tuesday. <a href="https://www.benzinga.com/quote/LVS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group increased the price target for <strong>Citigroup Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) from $63 to $64. Evercore ISI Group analyst Glenn Schorr maintained an In-Line rating. Citigroup shares closed at $62.64 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how </a><a href="https://www.benzinga.com/quote/C/analyst-ratings">other </a><a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">analysts view this stock</a>.</li>
<li>Oppenheimer raised <strong>Bank of America Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) price target from $49 to $50. Oppenheimer analyst Chris Kotowski maintained an Outperform rating. Bank of America shares closed at $42.14 on Tuesday. <a href="https://www.benzinga.com/quote/BAC/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
<p>Considering buying BAC stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16152248/image-133-1024x512.png" alt="" class="wp-image-599167" style="width:628px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16152248/image-133-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16152248/image-133-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16152248/image-133-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16152248/image-133.png 1341w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read More: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h">United Airlines Posts Upbeat Earnings, Joins Morgan Stanley, U.S. Bancorp And Other Big Stocks Moving Higher On Wednesday</a></strong></li>
</ul>


Markets

Trading Ideas

ARMK

COTY

Bank of America To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Wednesday

<p>Jefferies  analyst Trevor Williams   maintains WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) with a Hold and raises the price target from $190 to $210.</p>


Jefferies Maintains Hold on WEX, Raises Price Target to $210

<p>B of A Securities  analyst Mihir Bhatia   maintains WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) with a Buy and raises the price target from $238 to $255.</p>


B of A Securities Maintains Buy on WEX, Raises Price Target to $255

WEX Says It Extends Fuel Discounts To Independent Truckers, Grows Offerings With Launch Of 10-4 By WEX

<p><a href="https://www.wexinc.com/resources/blog/wex-expands-driverdash-app-to-thousands-of-phillips-66-conoco-and-76-locations-in-the-u-s/" title="https://www.wexinc.com/resources/blog/wex-expands-driverdash-app-to-thousands-of-phillips-66-conoco-and-76-locations-in-the-u-s/">https://www.wexinc.com/resources/blog/wex-expands-driverdash-app-to-thousands-of-phillips-66-conoco-and-76-locations-in-the-u-s/</a></p>


'WEX expands DriverDash app to thousands of Phillips 66, Conoco, and 76 locations in the U.S.' - Blog Post

Buybacks

WEX Board Of Directors Authorizes $1B Increase To Share Buyback Program

<p><strong>WEX's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) short percent of float has risen 169.79% since its last report. The company recently reported that it has <strong>1.90 million shares sold short</strong>, which is 5.18% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 4.18 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>WEX Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724168714_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for WEX has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing WEX's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, WEX's peer group average for short interest as a percentage of float is 5.59%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

(WEX) - Analyzing WEX's Short Interest

<p>JP Morgan  analyst Tien-Tsin Huang   maintains WEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEX#NYSE">WEX</a>) with a Neutral and lowers the price target from $210 to $200.</p>


JP Morgan Maintains Neutral on WEX, Lowers Price Target to $200

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on WEX (WEX – Research Report), Western Digital (WDC ...

Analysts Offer Insights on Technology Companies: WEX (WEX), Western Digital (WDC) and UiPath (PATH)

Barclays lowered the firm's price target on Wex (WEX) to $207 from $220 and keeps an Overweight rating on the shares. The analyst updated the compa...

Wex price target lowered to $207 from $220 at Barclays

Morgan Stanley lowered the firm's price target on Wex (WEX) to $170 from $211 on Friday and kept an Equal Weight rating on the shares. Even with th...

Wex price target lowered to $170 from $211 at Morgan Stanley

Mizuho Securities analyst Dan Dolev has maintained their bullish stance on WEX stock, giving a Buy rating today. Dan Dolev has given his Buy rating...

Positive Outlook on WEX: Navigating Temporary Challenges with Long-term Growth Potential

WEX: AI, Data Management, And M&A Could Imply Undervaluation

WEX (WEX) announced an expanded agreement with Holman, one of the largest integrated automotive service companies in North America, that extends th...

Wex and Holman expand partnership across U.S. and Canada, no terms

Analyst Mihir Bhatia of Bank of America Securities maintained a Buy rating on WEX (WEX – Research Report), reducing the price target to $218.00. Mi...

WEX's Strategic Positioning and Growth Prospects Justify Buy Rating

Trump Media saw the largest increase in short interest in October

Janus Henderson Enterprise Fund Q3 2024 Commentary

Janus Henderson Triton Fund Q3 2024 Commentary

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Press Releases

WEX Board of Directors Authorizes $1 Billion Increase to Share Repurchase Program

Mixed-Energy Fleets on the Rise: Survey Finds 80% of Global Commercial Fleet Leaders Aim for at Least 25% of Their Fleets to Be EVs by 2030

Commodities

Electrified Fleet Adoption Surges Despite Slowing EV Demand in Passenger Market

WEX Extends Fuel Discounts to Independent Truckers, Grows Offerings with Launch of 10-4 by WEX

WEX Inc. to Release Third Quarter 2024 Financial Results on October 24, 2024

WEX Inc. Reports Third Quarter 2024 Financial Results

WEX and Holman Expand Partnership Across U.S. and Canada

WEX Unveils New Digital Solution to Enhance and Expand Medicare Advantage Platform

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