A Glimpse Into The Expert Outlook On WEX Through 5 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for WEX Inc. (NYSE:WEX), with a recent average price target of $211, reflecting a 2.63% increase. The company's financial metrics show challenges in profitability and asset utilization, with a high debt-to-equity ratio indicating financial risk.
October 21, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
WEX Inc. has received mixed analyst ratings, with a recent average price target of $211, up 2.63%. Financial metrics indicate challenges in profitability and asset utilization, with a high debt-to-equity ratio suggesting financial risk.
The mixed analyst ratings and slight increase in price target suggest a neutral short-term impact on WEX's stock price. However, financial challenges such as low profitability, inefficient asset utilization, and high debt levels could pose risks, balancing the positive sentiment from the price target increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100