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
Industry Business services, not elsewhere classified
Sub-IndustryHuman Resource & Employment Services
SectorBusiness Services
SymbolNYSE:WAGE
CUSIP93042710
Phone650-557-5200
Debt
Debt-to-Equity Ratio0.41
Current Ratio1.38
Quick Ratio1.38
Price-To-Earnings
Trailing P/E Ratio41.12
Forward P/E Ratio29.37
P/E Growth1.97
Sales & Book Value
Annual Sales$364.71 million
Price / Sales5.55
Cash Flow$2.0646 per share
Price / Cash24.75
Book Value$11.14 per share
Price / Book4.59
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$20.20 million
Net Margins9.87%
Return on Equity9.60%
Return on Assets3.37%
Miscellaneous
Employees2,167
Outstanding Shares39,640,000
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) posted its quarterly earnings data on Wednesday, November, 8th. The business services provider reported $0.45 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.04. The business services provider earned $115.70 million during the quarter, compared to analyst estimates of $117.09 million. Wageworks had a net margin of 9.87% and a return on equity of 9.60%. The business's revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.34 earnings per share. View Wageworks' Earnings History.
When is Wageworks' next earnings date?
What price target have analysts set for WAGE?
5 brokerages have issued twelve-month price objectives for Wageworks' shares. Their predictions range from $60.00 to $82.00. On average, they expect Wageworks' stock price to reach $71.00 in the next year. View Analyst Ratings for Wageworks.
Who are some of Wageworks' key competitors?
Some companies that are related to Wageworks include WEX (WEX), athenahealth (ATHN), Fair Isaac (FICO), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), GreenSky (GSKY), Conduent (CNDT), MAXIMUS (MMS), Cotiviti (COTV), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), Sothebys (BID), WNS (WNS) and Envestnet (ENV).
Who are Wageworks' key executives?
Wageworks' management team includes the folowing people:
- Mr. Joseph L. Jackson, Exec. Chairman (Age 57)
- Mr. Edgar O. Montes, Pres, CEO & Member of the Board (Age 57)
- Mr. Ismail Dawood, Interim Chief Financial Officer (Age 46)
- Mr. Tom Catchings, Chief Information Officer and Sr. VP
- Ms. Jody Dietel, Chief Compliance Officer, Chairman of IIAS Standards (SIGIS) and Pres of IIAS Standards (SIGIS)
Has Wageworks been receiving favorable news coverage?
Press coverage about WAGE stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wageworks earned a media sentiment score of 0.09 on Accern's scale. They also gave media headlines about the business services provider an impact score of 45.67 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Wageworks' major shareholders?
Wageworks' stock is owned by a number of of institutional and retail investors. Top institutional investors include DF DENT & COMPANY INC (4.32%), BlackRock Inc. (12.97%), Stephens Investment Management Group LLC (2.60%), Millennium Management LLC (1.85%), Wells Fargo & Company MN (1.82%) and PNC Financial Services Group Inc. (1.69%). 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 institutional investors are selling Wageworks stock?
WAGE stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Eagle Asset Management Inc., Neuberger Berman Group LLC, Carillon Tower Advisers Inc., Loomis Sayles & Co. L P, Segall Bryant & Hamill LLC, Sei Investments Co. and Blair William & Co. IL. 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 institutional investors are buying Wageworks stock?
WAGE stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Chicago Capital LLC, Millennium Management LLC, Highbridge Capital Management LLC, Hsbc Holdings PLC, Kornitzer Capital Management Inc. KS, Engineers Gate Manager LP and A.R.T. Advisors LLC. 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 $51.10.
How big of a company is Wageworks?
Wageworks has a market capitalization of $2.04 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 (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.
