Key Takeaways:
- Impactive Capital seeks to boost Wex Inc's value through strategic management improvements.
- WEX Inc's stock is currently rated as "Hold" by analysts, with significant potential upside indicated by price targets.
- GuruFocus metrics suggest a potential 60.13% increase in stock value based on GF Value estimates.
At the recent Sohn Investment Conference, Impactive Capital co-founder Lauren Taylor Wolfe revealed plans to increase the value of Wex Inc. (WEX, Financial) through strategic management enhancements. Earlier this month, Impactive announced its intention to advocate for board revisions to progress the payments company's growth trajectory.
Wall Street Analysts Forecast
Analyst projections for Wex Inc (WEX, Financial) indicate a promising potential for investors. The average target price, set by 12 analysts over the next year, is $162.74. This presents a notable upside of 18.01% from its current trading price of $137.91, with predictions ranging from a high of $255.00 to a low of $130.00. For further insights, explore the detailed estimate data available on the WEX Inc (WEX) Forecast page.
The consensus from 15 brokerage firms positions WEX Inc's (WEX, Financial) stock with an average brokerage recommendation of 2.7, which translates to a "Hold" rating. This rating is assessed on a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 suggests a Sell.
According to GuruFocus, the estimated GF Value for WEX Inc (WEX, Financial) is projected to reach $220.83 within the next year. This underscores a substantial potential upside of 60.13% from its current price point of $137.91. The GF Value reflects GuruFocus's estimate of the stock's fair trade value, determined by evaluating historical trading multiples, past business growth, and anticipated future performance. For more detailed data, visit the WEX Inc (WEX) Summary page.
