WageWorks Company Profile (NYSE:WAGE)

About WageWorks (NYSE:WAGE)

WageWorks logoWageWorks, Inc. is engaged in administering Consumer-Directed Benefits (CDBs). The Company administers CBDs, 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 Commuter Benefit Services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act (COBRA) and other employee benefits. Its CDB programs assist employees and their families in saving money by using pre-tax dollars to pay for certain of their healthcare, dependent care and commuter expenses. Employers financially benefit from its programs through reduced payroll taxes. It provides operational support services to its clients and its cross-functional teams, including customer support and claims processing. It administers HSAs for employers that allow employee participants to invest funds to be used for qualified healthcare expenses.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Support Services
  • Sub-Industry: Human Resource & Employment Services
  • Symbol: NYSE:WAGE
  • CUSIP: 93042710
  • Web: www.wageworks.com
Capitalization:
  • Market Cap: $2.57454 billion
  • Outstanding Shares: 39,700,000
Average Prices:
  • 50 Day Moving Avg: $60.98
  • 200 Day Moving Avg: $65.72
  • 52 Week Range: $55.80 - $80.50
P/E:
  • Trailing P/E Ratio: 59.22
  • Foreward P/E Ratio: 46.65
  • P/E Growth: 2.45
Sales & Book Value:
  • Annual Revenue: $434.87 million
  • Price / Sales: 5.92
  • Book Value: $14.85 per share
  • Price / Book: 4.37
Profitability:
  • EBITDA: $81.87 million
  • Net Margins: 9.60%
  • Return on Equity: 9.52%
  • Return on Assets: 3.30%
Debt:
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 1.47%
  • Quick Ratio: 1.47%
Misc:
  • Average Volume: 332,654 shs.
  • Beta: 0.84
  • Short Ratio: 8.76
 

Frequently Asked Questions for WageWorks (NYSE:WAGE)

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 data on Tuesday, August, 1st. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.11. The business had revenue of $119.90 million for the quarter, compared to the consensus estimate of $119.18 million. WageWorks had a net margin of 9.60% and a return on equity of 9.52%. The company's revenue was up 36.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 EPS. View WageWorks' Earnings History.

When will WageWorks make its next earnings announcement?

WageWorks is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for WageWorks.

What guidance has WageWorks issued on next quarter's earnings?

WageWorks updated its third quarter earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $0.38-0.41 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of $115.0-117.5 million, compared to the consensus revenue estimate of $118.64 million.WageWorks also updated its FY17 guidance to $1.70-1.75 EPS.

Where is WageWorks' stock going? Where will WageWorks' stock price be in 2017?

5 analysts have issued 1 year price targets for WageWorks' stock. Their predictions range from $67.20 to $87.00. On average, they anticipate WageWorks' share price to reach $80.30 in the next year. View Analyst Ratings for WageWorks.

What are analysts saying about WageWorks stock?

Here are some recent quotes from research analysts about WageWorks stock:

  • 1. According to Zacks Investment Research, "WageWorks, Inc. is an on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits, or CDBs, in the United States. The Company administers and operates an array of CDBs, including spending account management programs, such as health and dependent care flexible spending accounts, health savings accounts, health reimbursement arrangements and commuter benefits, such as transit and parking programs. The Company delivers its CDB programs through a benefits-as-a-service delivery model. WageWorks, Inc. is headquartered in San Mateo, California. " (10/5/2017)
  • 2. Needham & Company LLC analysts commented, "WAGE reported 4Q results that missed on revenue but were in-line on EBITDA and above consensus on EPS. The ADP acquisition closed two weeks later than was initially expected, which was largely responsible for the revenue shortfall. Results included another healthy quarter of organic growth, which was up 16% Y/Y. WAGE introduced guidance for FY17 that was slightly below consensus on revenue but above on EPS, and also provided an updated three year outlook which included improved EBITDA margin expectations. We remain encouraged by organic growth trends, and we believe that WAGE is well positioned for growth in FY17 due to secular tailwinds and potential upside from the ADP acquisition. We reiterate our BUY rating and raise our target to $82." (2/24/2017)

Who are some of WageWorks' key competitors?

Who are WageWorks' key executives?

WageWorks' management team includes the folowing people:

  • Joseph L. Jackson, Chairman of the Board, Chief Executive Officer
  • Edgar O. Montes, President, Chief Operating Officer
  • Colm M. Callan, Chief Financial Officer
  • Kimberly L. Wilford, Senior Vice President, General Counsel, Corporate Secretary
  • John W. Larson, Lead Independent Director
  • Thomas A. Bevilacqua, Independent Director
  • Bruce G. Bodaken, Independent Director
  • Mariann H. Byerwalter, Independent Director
  • Jerome D. Gramaglia, Independent Director

Who owns WageWorks stock?

WageWorks' stock is owned by a number of of institutional and retail investors. Top institutional investors include Summit Creek Advisors LLC (0.68%). Company insiders that own WageWorks stock include Bruce G Bodaken, Edgar O Montes, Edward C Nafus, Jerry Gramaglia, John William Larson, Joseph L Jackson and Kimberly L Wilford. View Institutional Ownership Trends for WageWorks.

Who bought WageWorks stock? Who is buying WageWorks stock?

WageWorks' stock was purchased by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC. View Insider Buying and Selling for WageWorks.

How do I buy WageWorks stock?

Shares of WageWorks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is WageWorks' stock price today?

One share of WageWorks stock can currently be purchased for approximately $64.85.


MarketBeat Community Rating for WageWorks (NYSE WAGE)
Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  349
MarketBeat's community ratings are surveys of what our community members think about WageWorks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for WageWorks (NYSE:WAGE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $80.30 (23.82% upside)
Consensus Price Target History for WageWorks (NYSE:WAGE)
Price Target History for WageWorks (NYSE:WAGE)
Analysts' Ratings History for WageWorks (NYSE:WAGE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Needham & Company LLCReiterated RatingBuy$82.00N/AView Rating Details
7/17/2017Stifel NicolausReiterated RatingBuy$85.00LowView Rating Details
3/27/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformHighView Rating Details
2/24/2017William BlairReiterated RatingOutperformN/AView Rating Details
2/24/2017Chardan CapitalBoost Price TargetBuy -> Buy$86.00 -> $87.00N/AView Rating Details
8/31/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
6/9/2016Standpoint ResearchBoost Price TargetBuy$59.00 -> $69.00N/AView Rating Details
4/9/2016Leerink SwannReiterated RatingBuyN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for WageWorks (NYSE:WAGE)
Earnings by Quarter for WageWorks (NYSE:WAGE)
Earnings History by Quarter for WageWorks (NYSE WAGE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.41N/AView Earnings Details
8/1/2017Q2 2017$0.42$0.31$119.18 million$119.90 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.42$0.46$122.08 million$125.00 millionViewListenView Earnings Details
2/23/2017Q416$0.35$0.36$103.85 million$101.10 millionViewListenView Earnings Details
11/9/2016Q3 2016$0.33$0.34$87.59 million$88.92 millionViewListenView Earnings Details
8/9/2016Q216$0.34$0.36$87.42 million$87.70 millionViewListenView Earnings Details
5/5/2016Q116$0.29$0.33$86.33 million$87.00 millionViewListenView Earnings Details
2/18/2016Q4$0.28$0.33$81.88 million$83.10 millionViewListenView Earnings Details
11/5/2015Q315$0.30$0.36$82.33 million$83.20 millionViewListenView Earnings Details
7/30/2015Q215$0.28$0.28$81.12 million$82.80 millionViewListenView Earnings Details
5/5/2015Q115$0.28$0.29$83.30 million$85.30 millionViewListenView Earnings Details
2/12/2015Q414$0.23$0.23$76.70 million$78.50 millionViewListenView Earnings Details
11/6/2014Q314$0.22$0.24$67.10 million$38.60 millionViewListenView Earnings Details
8/4/2014Q214$0.22$0.24$58.81 million$58.80 millionViewListenView Earnings Details
5/8/2014Q114$0.22$0.25$61.92 million$62.60 millionViewListenView Earnings Details
2/20/2014Q413$0.15$0.17$53.90 million$55.00 millionViewListenView Earnings Details
11/5/2013Q313$0.17$0.18$53.18 million$53.60 millionViewListenView Earnings Details
8/7/2013Q2 2013$0.17$0.20$52.43 million$54.56 millionViewListenView Earnings Details
5/9/2013Q1 2013$0.16$0.20$54.50 million$56.10 millionViewListenView Earnings Details
2/20/2013Q4 2012$0.12$0.13$43.86 million$46.70 millionViewListenView Earnings Details
11/6/2012Q312$0.12$0.14$42.28 million$42.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WageWorks (NYSE:WAGE)
Current Year EPS Consensus Estimate: $1.19 EPS
Next Year EPS Consensus Estimate: $1.39 EPS

Dividends

Dividend History for WageWorks (NYSE:WAGE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for WageWorks (NYSE:WAGE)
Insider Ownership Percentage: 3.54%
Insider Trades by Quarter for WageWorks (NYSE:WAGE)
Institutional Ownership by Quarter for WageWorks (NYSE:WAGE)
Insider Trades by Quarter for WageWorks (NYSE:WAGE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/23/2017Edgar O MontesCOOSell50,000$69.25$3,462,500.00View SEC Filing  
6/23/2017Joseph L JacksonCEOSell495,148$69.25$34,288,999.00View SEC Filing  
12/14/2016Joseph L JacksonCEOSell87,749$72.49$6,360,925.01View SEC Filing  
12/6/2016Edward C NafusDirectorSell1,000$74.29$74,290.00View SEC Filing  
11/28/2016Edward C NafusDirectorSell2,000$74.34$148,680.00View SEC Filing  
11/21/2016Bruce G BodakenDirectorSell10,000$72.88$728,800.00View SEC Filing  
6/1/2016Jerry GramagliaDirectorSell21,075$56.59$1,192,634.25View SEC Filing  
5/25/2016Edward C NafusDirectorSell3,442$56.54$194,610.68View SEC Filing  
5/24/2016Joseph L JacksonCEOSell96,081$55.53$5,335,377.93View SEC Filing  
5/24/2016Joseph L JacksonCEOSell96,081$55.53$5,335,377.93View SEC Filing  
5/12/2016John William LarsonDirectorSell49,250$56.44$2,779,670.00View SEC Filing  
5/10/2016Kimberly L WilfordGeneral CounselSell40,000$56.55$2,262,000.00View SEC Filing  
3/14/2016Joseph L JacksonCEOSell13,639$46.62$635,850.18View SEC Filing  
3/8/2016Joseph L JacksonCEOSell6,791$48.51$329,431.41View SEC Filing  
2/29/2016Bruce G BodakenDirectorSell1,100$48.23$53,053.00View SEC Filing  
3/13/2015Edward C NafusDirectorSell5,000$56.40$282,000.00View SEC Filing  
3/13/2015Joseph L JacksonCEOSell95,095$56.52$5,374,769.40View SEC Filing  
11/24/2014John William LarsonDirectorSell7,500$60.82$456,150.00View SEC Filing  
11/21/2014John William LarsonDirectorSell10,300$60.17$619,751.00View SEC Filing  
11/14/2014Jerry GramagliaDirectorSell9,425$60.45$569,741.25View SEC Filing  
8/18/2014Edgar O MontesCOOSell25,000$43.82$1,095,500.00View SEC Filing  
8/7/2014Kimberly L JacksonGeneral CounselSell35,000$45.49$1,592,150.00View SEC Filing  
3/14/2014Joseph JacksonCEOSell10,600$61.45$651,370.00View SEC Filing  
3/12/2014Joseph JacksonCEOSell89,400$61.89$5,532,966.00View SEC Filing  
3/11/2014Richard GreenCFOSell22,500$61.95$1,393,875.00View SEC Filing  
12/13/2013Edward NafusDirectorSell20,000$58.54$1,170,800.00View SEC Filing  
11/21/2013Venture Associate Vantagepointmajor shareholderSell184,544$55.00$10,149,920.00View SEC Filing  
11/18/2013Venture Associate Vantagepointmajor shareholderSell202,271$55.62$11,250,313.02View SEC Filing  
11/15/2013Richard BerkeleyInsiderSell16,000$55.64$890,240.00View SEC Filing  
11/14/2013Richard BerkeleyInsiderSell21,500$55.81$1,199,915.00View SEC Filing  
9/19/2013Richard BerkeleyInsiderBuy37,500$7.01$262,875.00View SEC Filing  
9/9/2013John William LarsonDirectorSell10,000$45.26$452,600.00View SEC Filing  
8/19/2013Edgar MontesCOOSell35,000$40.45$1,415,750.00View SEC Filing  
8/19/2013Joseph JacksonCEOSell340,000$40.45$13,753,000.00View SEC Filing  
8/19/2013Kimberly JacksonSVPSell20,000$40.45$809,000.00View SEC Filing  
8/19/2013Thomas BevilacquaDirectorSell14,000$40.45$566,300.00View SEC Filing  
8/19/2013Venture Associate Vantagepointmajor shareholderSell3,014,000$40.45$121,916,300.00View SEC Filing  
8/8/2013Richard GreenCFOSell2,500$37.28$93,200.00View SEC Filing  
8/7/2013John William LarsonDirectorSell10,000$33.68$336,800.00View SEC Filing  
7/9/2013Richard T GreenCFOSell22,152$35.32$782,408.64View SEC Filing  
7/8/2013John William LarsonDirectorSell10,000$34.99$349,900.00View SEC Filing  
7/1/2013Richard T GreenCFOSell8,004$35.32$282,701.28View SEC Filing  
6/20/2013Richard M BerkeleyInsiderSell103,612$32.50$3,367,390.00View SEC Filing  
6/20/2013Richard T GreenCFOSell15,000$32.99$494,850.00View SEC Filing  
6/19/2013Richard M BerkeleyInsiderSell92,164$32.50$2,995,330.00View SEC Filing  
6/18/2013Richard T GreenCFOSell63,000$30.44$1,917,720.00View SEC Filing  
6/17/2013Richard M BerkeleyInsiderSell72,293$30.03$2,170,958.79View SEC Filing  
6/13/2013Bruce G BodakenDirectorSell61,500$29.70$1,826,550.00View SEC Filing  
6/13/2013Richard M BerkeleyInsiderSell24,094$30.00$722,820.00View SEC Filing  
6/12/2013Jerry GramagliaDirectorSell20,629$29.85$615,775.65View SEC Filing  
6/12/2013Richard M BerkeleyInsiderSell379,993$28.27$10,742,402.11View SEC Filing  
6/11/2013John William LarsonDirectorSell10,000$27.59$275,900.00View SEC Filing  
6/11/2013Richard T GreenCFOSell55,000$27.08$1,489,400.00View SEC Filing  
3/18/2013Richard M BerkeleyInsiderSell700,000$23.10$16,170,000.00View SEC Filing  
3/8/2013Edward C NafusDirectorBuy4,000$23.85$95,400.00View SEC Filing  
10/9/2012Venture Associate VantagepointMajor ShareholderSell4,641,636$16.45$76,354,912.20View SEC Filing  
8/13/2012Edward C NafusDirectorBuy8,000$12.28$98,240.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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WageWorks (WAGE) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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