Wageworks Stock Price, News & Analysis (NYSE:WAGE)

Wageworks trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAGE."

Wageworks Inc (NYSE:WAGE) announced its earnings results on Thursday, August, 8th. The business services provider reported $0.17 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.12. The business services provider earned $108.63 million during the quarter, compared to analysts' expectations of $118.10 million. Wageworks had a net margin of 2.17% and a return on equity of 2.95%. View Wageworks' Earnings History.

Wageworks is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for Wageworks.

5 analysts have issued 1 year target prices for Wageworks' stock. Their forecasts range from $50.00 to $60.00. On average, they expect Wageworks' share price to reach $54.50 in the next year. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Wageworks.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wageworks in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wageworks.

News articles about WAGE stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wageworks earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Wageworks.

Wageworks saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 1,727,900 shares, an increase of 17.2% from the July 15th total of 1,474,000 shares. Based on an average daily volume of 698,900 shares, the short-interest ratio is presently 2.5 days. Approximately 4.4% of the shares of the stock are sold short. View Wageworks' Current Options Chain.

Some companies that are related to Wageworks include Nielsen (NLSN), Etsy (ETSY), Alliance Data Systems (ADS), Zillow Group (Z), Zillow Group (ZG), CDK Global (CDK), CIELO S A/S (CIOXY), GrubHub (GRUB), MAXIMUS (MMS), TriNet Group (TNET), Healthequity (HQY), Ritchie Bros. Auctioneers (RBA), HMS (HMSY), Envestnet (ENV) and WNS (WNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wageworks investors own include Intel (INTC), Cisco Systems (CSCO), Paypal (PYPL), Walt Disney (DIS), Twitter (TWTR), Micron Technology (MU), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Baidu (BIDU).

Wageworks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.65%), BlackRock Inc. (14.47%), Vanguard Group Inc. (10.29%), TimesSquare Capital Management LLC (4.79%), Conestoga Capital Advisors LLC (3.49%) and Renaissance Technologies LLC (2.78%). Company insiders that own Wageworks stock include John William Larson and Kimberly L Wilford. View Institutional Ownership Trends for Wageworks.

WAGE stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Bank of America Corp DE, Conestoga Capital Advisors LLC, D. E. Shaw & Co. Inc., Eagle Asset Management Inc., UBS Asset Management Americas Inc., TimesSquare Capital Management LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Wageworks.

WAGE stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Brown Advisory Inc., Jennison Associates LLC, Jennison Associates LLC, Water Island Capital LLC, Water Island Capital LLC, ARP Americas LP and Magnetar Financial LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of WAGE stock can currently be purchased for approximately $51.34.

Wageworks has a market capitalization of $2.07 billion and generates $472.18 million in revenue each year. Wageworks employs 2,204 workers across the globe.View Additional Information About Wageworks.

The official website for Wageworks is http://www.wageworks.com/.

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]