WageWorks, Inc. engages in administering consumer-directed benefits (CDBs), which empower employees to save money on taxes, as well as provides corporate tax advantages for employers in the United States. It administers CDBs, including pre-tax spending accounts, such as health savings accounts (HSAs), health and dependent care flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), as well as offers commuter benefit services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act, and other employee benefits. As of September 13, 2017, it had approximately 6.5 million employee participants from approximately 100,000 employer clients. WageWorks, Inc. was incorporated in 2000 and is headquartered in San Mateo, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryHuman Resource & Employment Services
SectorBusiness Services
SymbolNYSE:WAGE
CUSIP93042710
Phone650-557-5200
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio43.84
Forward P/E Ratio31.26
P/E Growth2.15
Sales & Book Value
Annual Sales$364.71 million
Price / Sales5.78
Cash Flow$2.0140 per share
Price / Cash26.39
Book Value$11.14 per share
Price / Book4.77
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees2,167
Outstanding Shares39,640,000
Market Cap$2.17 billion
Wageworks (NYSE:WAGE) Frequently Asked Questions
What is Wageworks' stock symbol?
Wageworks trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAGE."
How were Wageworks' earnings last quarter?
Wageworks Inc (NYSE:WAGE) issued its quarterly earnings results on Wednesday, November, 8th. The business services provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.41 by $0.04. The business services provider had revenue of $115.70 million for the quarter, compared to the consensus estimate of $117.09 million. The company's quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the firm earned $0.34 earnings per share. View Wageworks' Earnings History.
When is Wageworks' next earnings date?
What price target have analysts set for WAGE?
5 Wall Street analysts have issued 1 year price objectives for Wageworks' stock. Their forecasts range from $60.00 to $82.00. On average, they anticipate Wageworks' share price to reach $67.00 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price. View Analyst Price Targets for Wageworks.
What is the consensus analysts' recommendation for Wageworks?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wageworks in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wageworks.
Who are some of Wageworks' key competitors?
Some companies that are related to Wageworks include The Western Union (WU), CDK Global (CDK), WEX (WEX), Nielsen (NLSN), Fair Isaac (FICO), athenahealth (ATHN), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), Conduent (CNDT), Cotiviti (COTV), Ritchie Bros. Auctioneers (RBA), MAXIMUS (MMS), TriNet Group (TNET) and GreenSky (GSKY).
Who are Wageworks' key executives?
Wageworks' management team includes the folowing people:
- Mr. Edgar O. Montes, Pres, CEO & Member of the Board (Age 57)
- Mr. Ismail Dawood, Interim Chief Financial Officer (Age 46)
- Mr. Tom Catchings, Sr. VP & Chief Information Officer
- Ms. Jody Dietel, Chief Compliance Officer
- Mr. Michael Wilson, Sr. VP of Corp. Devel.
Has Wageworks been receiving favorable news coverage?
News articles about WAGE stock have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wageworks earned a media and rumor sentiment score of 0.08 on Accern's scale. They also gave media stories about the business services provider an impact score of 47.33 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Wageworks.
Who are Wageworks' major shareholders?
Wageworks' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.00%), FMR LLC (5.50%), Conestoga Capital Advisors LLC (4.65%), Fred Alger Management Inc. (3.77%), Stephens Investment Management Group LLC (3.05%) and Riverbridge Partners LLC (2.84%). Company insiders that own Wageworks stock include Bruce G Bodaken, Edgar O Montes, Edward C Nafus, John William Larson, Joseph L Jackson and Kimberly L Wilford. View Institutional Ownership Trends for Wageworks.
Which major investors are selling Wageworks stock?
WAGE stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Wells Fargo & Company MN, PNC Financial Services Group Inc., Macquarie Group Ltd., Brown Advisory Inc., Morgan Stanley, Riverbridge Partners LLC and Granite Investment Partners LLC. Company insiders that have sold Wageworks company stock in the last year include John William Larson and Kimberly L Wilford. View Insider Buying and Selling for Wageworks.
Which major investors are buying Wageworks stock?
WAGE stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Conestoga Capital Advisors LLC, Fred Alger Management Inc., Standard Life Aberdeen plc, Chicago Capital LLC, Stephens Investment Management Group LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for Wageworks.
How do I buy shares of Wageworks?
Shares of WAGE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Wageworks' stock price today?
One share of WAGE stock can currently be purchased for approximately $53.15.
How big of a company is Wageworks?
Wageworks has a market capitalization of $2.17 billion and generates $364.71 million in revenue each year. Wageworks employs 2,167 workers across the globe.
How can I contact Wageworks?
Wageworks' mailing address is 1100 PARK PLACE 4TH FLOOR, SAN MATEO CA, 94403. The business services provider can be reached via phone at 650-557-5200 or via email at [email protected]
MarketBeat Community Rating for Wageworks (NYSE WAGE)
MarketBeat's community ratings are surveys of what our community members think about Wageworks and other stocks. Vote "Outperform" if you believe WAGE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WAGE will underperform the S&P 500 over the long term. You may vote once every thirty days.
