Analyst Ratings for WEX Inc. (WEX)Updated: 2017-07-26
WEX Inc. (NYSE:WEX) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for WEX last month.
Of the 16 analysts covering the stock, 7 gave it a buy rating, 0 gave an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for WEX. The most optimistic analyst gave a price target of 135, implying potential capital gains of 18.65 percent. The lowest price target was 106, implying potential capital losses of -6.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -4.8 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.19 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.41 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of WEX's earnings is estimated by analysts to be 209.19 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of WEX is 0.34.
WEX has a 52-week high of 122.91 and a 52-week low of 89.89. The current market price is above the trailing year's low by 26.58 percent, and 7.43 percent below the high. WEX has a P/E ratio of 72.01. Investors typically compare the P/E ratio to a company's peers in the industry. The WEX value stock report compares WEX to some of its peers using value stock charts. The market cap of WEX is $4.9 billion. WEX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.