While WEX Inc has underperformed by -6.52%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WEX fell by -48.15%, with highs and lows ranging from $241.77 to $110.45, whereas the simple moving average fell by -30.11% in the last 200 days.
On February 06, 2025, William Blair Downgraded WEX Inc (NYSE: WEX) to Mkt Perform. A report published by BofA Securities on February 06, 2025, Downgraded its rating to ‘Neutral’ for WEX. Citigroup also Downgraded WEX shares as ‘Neutral’, setting a target price of $190 on the company’s shares in a report dated January 14, 2025. Barclays December 17, 2024d the rating to Equal Weight on December 17, 2024, and set its price target from $207 to $200. Wolfe Research October 28, 2024d its ‘Outperform’ rating to ‘Peer Perform’ for WEX, as published in its report on October 28, 2024. Wells Fargo’s report from June 05, 2024 suggests a price prediction of $200 for WEX shares, giving the stock a ‘Equal Weight’ rating. UBS also rated the stock as ‘Neutral’.
Analysis of WEX Inc (WEX)
Further, the quarter-over-quarter decrease in sales is -4.04%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of WEX Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 18.71% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.02, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and WEX is recording an average volume of 1.00M. On a monthly basis, the volatility of the stock is set at 5.46%, whereas on a weekly basis, it is put at 12.01%, with a loss of -12.79% over the past seven days. Furthermore, long-term investors anticipate a median target price of $161.31, showing growth from the present price of $124.37, which can serve as yet another indication of whether WEX is worth investing in or should be passed over.
How Do You Analyze WEX Inc Shares?
WEX Inc (WEX) is based in the USA and is one of the most prominent companies operating in the Software – Infrastructure market. When comparing WEX Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 16.57, there is a growth in quarterly earnings of -19.46%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.04%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 105.40% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WEX shares are owned by institutional investors to the tune of 105.40% at present.
