Wex Company Profile (NYSE:WEX)

About Wex

Wex logoWEX Inc. is a provider of corporate payment solutions. The Company operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment provides customers with payment and transaction processing services designed for the needs of commercial and government fleets. This segment also provides information management services to these fleet customers. The Travel and Corporate Solutions segment focuses on the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. The Health and Employee Benefit Solutions segment provides healthcare payment products and software as a service (SaaS) consumer directed platforms, as well as payroll related benefits to customers in Brazil.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Exchange: NYSE
  • Symbol: WEX
  • CUSIP: 96208T10
Key Metrics:
  • Previous Close: $107.46
  • 50 Day Moving Average: $100.75
  • 200 Day Moving Average: $92.06
  • 52-Week Range: $54.42 - $108.80
  • Trailing P/E Ratio: 47.13
  • Foreward P/E Ratio: 20.59
  • P/E Growth: 1.62
  • Market Cap: $4.59B
  • Outstanding Shares: 42,720,000
  • Beta: 1.89
  • Net Margins: 10.10%
  • Return on Equity: 14.77%
  • Return on Assets: 3.94%
  • Debt-to-Equity Ratio: 0.17%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.82%
Additional Links:
Companies Related to Wex:

Analyst Ratings

Consensus Ratings for Wex (NYSE:WEX) (?)
Ratings Breakdown: 10 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.41)
Consensus Price Target: $93.47 (13.02% downside)

Analysts' Ratings History for Wex (NYSE:WEX)
DateFirmActionRatingPrice TargetDetails
9/19/2016Jefferies GroupBoost Price TargetBuy$114.00 -> $120.00View Rating Details
9/1/2016Credit Agricole SAUpgradeUnderperform -> Outperform$97.00 -> $115.00View Rating Details
7/28/2016Morgan StanleyBoost Price TargetEqual Weight$94.00 -> $95.00View Rating Details
7/28/2016Deutsche Bank AGBoost Price TargetHold$83.00 -> $90.00View Rating Details
7/7/2016Barclays PLCUpgradeUnderweight -> Equal Weight$80.00 -> $98.00View Rating Details
6/24/2016SunTrust Banks Inc.Initiated CoverageNeutral$100.00View Rating Details
5/6/2016William BlairReiterated RatingOutperformView Rating Details
4/29/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$72.00 -> $91.00View Rating Details
4/28/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
4/15/2016Compass PointInitiated CoverageNeutral$81.00View Rating Details
4/12/2016Keefe, Bruyette & WoodsBoost Price Target$75.00 -> $95.00View Rating Details
4/4/2016Evercore ISIBoost Price TargetHold$69.00 -> $70.00View Rating Details
2/10/2016Credit Suisse Group AGLower Price TargetOutperform$91.00 -> $82.00View Rating Details
2/9/2016Goldman Sachs Group Inc.Lower Price TargetNeutral$91.00 -> $78.00View Rating Details
2/9/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$85.00 -> $78.00View Rating Details
11/2/2015Citigroup Inc.Boost Price TargetBuy$113.00 -> $117.00View Rating Details
10/29/2015Topeka Capital MarketsLower Price TargetHold$110.00 -> $92.00View Rating Details
6/29/2015SusquehannaInitiated CoverageNeutral$116.00View Rating Details
12/1/2014Sterne Agee CRTDowngradeBuy -> NeutralView Rating Details
(Data available from 9/28/2014 forward)


Earnings History for Wex (NYSE:WEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2016Q216$1.02$1.08$221.64 million$233.90 millionViewListenView Earnings Details
4/27/2016Q116$0.88$0.97$199.38 million$205.90 millionViewListenView Earnings Details
2/8/2016Q415$1.05$1.15$202.94 million$212.60 millionViewListenView Earnings Details
10/28/2015Q315$1.42$1.29$226.36 million$226.10 millionViewListenView Earnings Details
7/29/2015Q215$1.25$1.25$217.62 million$213.70 millionViewListenView Earnings Details
4/29/2015Q115$0.99$1.10$198.93 million$202.30 millionViewListenView Earnings Details
2/9/2015Q414$1.12$0.96$207.60 million$211.90 millionViewListenView Earnings Details
10/29/2014Q3$1.34$1.56$221.07 million$222.10 millionViewListenView Earnings Details
7/30/2014Q214$1.23$1.39$195.30 million$201.60 millionViewListenView Earnings Details
4/30/2014Q1$1.04$1.06$174.05 million$182.10 millionViewListenView Earnings Details
2/5/2014Q4$1.09$1.13$177.55 million$182.30 millionViewListenView Earnings Details
10/30/2013Q313$1.20$1.29$190.30 million$191.50 millionViewListenView Earnings Details
7/31/2013Q2 2013$1.04$1.05$176.74 million$178.30 millionViewListenView Earnings Details
11/9/2012Q312($0.03)$1.14 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Wex (NYSE:WEX)
Current Year EPS Consensus Estimate: $4.31 EPS
Next Year EPS Consensus Estimate: $5.22 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.90$1.03$0.97
Q2 20162$0.91$0.95$0.93
Q3 20163$1.11$1.20$1.17
Q4 20163$0.98$1.20$1.09
Q1 20173$1.06$1.25$1.15
Q2 20172$1.08$1.24$1.16
Q3 20172$1.42$1.44$1.43
Q4 20173$1.20$1.36$1.26
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading History for Wex (NYSE:WEX)
Insider Ownership Percentage: 0.86%
Institutional Ownership Percentage: 93.03%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/5/2016Melissa D SmithCEOSell5,910$93.03$549,807.30View SEC Filing  
8/2/2016Stephen R. CrowleySVPSell1,808$90.95$164,437.60View SEC Filing  
7/29/2016Eric DupratDirectorSell1,100$93.73$103,103.00View SEC Filing  
2/29/2016Michael E DubyakDirectorBuy3,800$66.37$252,206.00View SEC Filing  
11/2/2015George W HoganSVPSell2,791$89.74$250,464.34View SEC Filing  
11/2/2015Jack VanwoerkomDirectorSell5,500$89.79$493,845.00View SEC Filing  
5/19/2015Regina O SommerDirectorSell2,382$118.25$281,671.50View SEC Filing  
5/14/2015Kenneth JanosickSVPSell1,290$116.36$150,104.40View SEC Filing  
2/13/2015Kenneth JanosickSVPSell1,600$104.07$166,512.00View SEC Filing  
11/6/2014George W HoganSVPSell1,775$113.46$201,391.50View SEC Filing  
10/31/2014Hilary A RapkinSVPSell1,782$112.61$200,671.02View SEC Filing  
9/11/2014Hilary A RapkinSVPSell2,727$110.54$301,442.58View SEC Filing  
6/17/2014Steven Alan ElderCFOSell1,081$105.00$113,505.00View SEC Filing  
5/5/2014Kenneth JanosickSVPSell3,650$92.25$336,712.50View SEC Filing  
12/23/2013David MaxsimicInsiderSell1,835$99.50$182,582.50View SEC Filing  
12/9/2013George HoganSVPSell1,350$99.40$134,190.00View SEC Filing  
12/2/2013Melissa SmithInsiderSell1,850$99.01$183,168.50View SEC Filing  
11/13/2013Rowland MoriartyDirectorSell6,966$97.75$680,926.50View SEC Filing  
11/1/2013Michael E DubyakCEOSell20,750$92.16$1,912,320.00View SEC Filing  
10/30/2013Hilary A RapkinSVPSell2,250$90.00$202,500.00View SEC Filing  
10/30/2013Melissa D SmithInsiderSell2,100$88.95$186,795.00View SEC Filing  
9/23/2013David MaxsimicInsiderSell1,835$84.81$155,626.35View SEC Filing  
3/20/2013David A GagneCEOBuy5,000$0.85$4,250.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Wex (NYSE:WEX)
feeds.reuters.com logoBRIEF-Caltex renews long-term fleet fuel card processing solution with WEX (NYSE:WEX)
feeds.reuters.com - September 28 at 5:30 PM
biz.yahoo.com logoWEX INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:WEX)
biz.yahoo.com - September 27 at 7:58 PM
publicnow.com logoWEX Inc. Expands Parental Leave Policy in the United States (NYSE:WEX)
www.publicnow.com - September 27 at 9:12 AM
News IconOhio gas prices fall; remain below national average (NYSE:WEX)
www.sanduskyregister.com - September 26 at 8:04 PM
finance.yahoo.com logoWEX Launches Its Virtual Card Integration with Argo in LATAM (NYSE:WEX)
finance.yahoo.com - September 26 at 8:04 PM
publicnow.com logoWEX Inc. Elects John (Jeb) E. Bachman to Board of Directors (NYSE:WEX)
www.publicnow.com - September 26 at 7:49 AM
News IconWEX Connect helps drivers find fuel during Southeast fuel shortage (NYSE:WEX)
www.greensheet.com - September 21 at 7:33 PM
publicnow.com logoCORRECTING and REPLACING GRAPHIC WEX Connect Helps Drivers Find Active Fuel and Service Stations Available in Their Area During Major Fuel Shortage Sweeping the Southeast (NYSE:WEX)
www.publicnow.com - September 21 at 7:33 PM
publicnow.com logoWEX Connect Helps Drivers Find Active Fuel and Service Stations Available in Their Area During Major Fuel Shortage Sweeping the Southeast (NYSE:WEX)
www.publicnow.com - September 21 at 11:55 AM
sg.finance.yahoo.com logoOhio gas prices down to start the workweek (NYSE:WEX)
sg.finance.yahoo.com - September 12 at 7:33 PM
4-traders.com logoWEX : Ohio gas prices down as crude oil prices continue to decline (NYSE:WEX)
www.4-traders.com - September 9 at 6:25 AM
News IconWEX Enters into Agreement with Ypsilon.Net AG (NYSE:WEX)
ih.advfn.com - September 6 at 6:35 AM
fidaily.com logoCLSA Boosts Rating On WEX Inc. common stock (WEX) To “Outperform” (NYSE:WEX)
www.fidaily.com - September 2 at 7:41 AM
News IconWEX Ends My Travel Cash Prepaid Card Program in U.K. (NYSE:WEX)
paybefore.com - August 23 at 11:43 AM
News IconSearch results for "heartland check management" (NYSE:WEX)
www.pymnts.com - August 22 at 6:42 AM
finance.yahoo.com logoWEX INC. Financials (NYSE:WEX)
finance.yahoo.com - August 16 at 8:19 PM
News IconOhio gas prices down slightly to start workweek (NYSE:WEX)
www.herald-dispatch.com - August 15 at 10:17 AM
News IconFilling the tank costs a little less; average Ohio gas price $2.09 a gallon (NYSE:WEX)
www.timesreporter.com - August 15 at 10:17 AM
News IconSearch results for "prepaid money transfers" (NYSE:WEX)
www.pymnts.com - August 13 at 10:58 AM
finance.yahoo.com logoMasterCard Launches Online Facility for Chinese Students (NYSE:WEX)
finance.yahoo.com - August 11 at 11:43 AM
News IconMotorists see Ohio gas prices up slightly to start workweek (NYSE:WEX)
www.morningjournal.com - August 9 at 8:36 PM
biz.yahoo.com logoWEX INC. Files SEC form 10-Q, Quarterly Report (NYSE:WEX)
biz.yahoo.com - August 9 at 8:36 PM
finance.yahoo.com logoFleetCor Buys TravelCard to Solidify Base in the Netherlands (NYSE:WEX)
finance.yahoo.com - August 9 at 11:43 AM
capitalcube.com logoWEX, Inc. breached its 50 day moving average in a Bearish Manner : WEX-US : August 3, 2016 (NYSE:WEX)
www.capitalcube.com - August 3 at 11:36 AM
News IconSearch results for "treasury management solutions" (NYSE:WEX)
www.pymnts.com - August 2 at 6:53 AM
News IconOhio gas prices up slightly compared with a week ago (NYSE:WEX)
www.morningjournal.com - August 2 at 6:53 AM
News IconSearch results for "european central bank" (NYSE:WEX)
www.pymnts.com - August 1 at 7:59 PM
News IconGas prices up slightly from last week (NYSE:WEX)
chronicle.northcoastnow.com - August 1 at 7:59 PM
biz.yahoo.com logoWEX Inc Earnings Call (Q2 2016) (NYSE:WEX)
biz.yahoo.com - July 27 at 8:43 PM
News IconWEX quarterly earnings beat expectations despite economic headwinds (NYSE:WEX)
www.pressherald.com - July 27 at 8:43 PM
4-traders.com logoWex : tops Street 2Q forecasts (NYSE:WEX)
www.4-traders.com - July 27 at 8:43 PM
News IconWEX tracking to become $1B company by year's end (NYSE:WEX)
www.mainebiz.biz - July 27 at 8:43 PM
finance.yahoo.com logoEdited Transcript of WEX earnings conference call or presentation 27-Jul-16 1:00pm GMT (NYSE:WEX)
finance.yahoo.com - July 27 at 7:28 PM
seekingalpha.com logoMore on WEX's Q2 (NYSE:WEX)
seekingalpha.com - July 27 at 10:16 AM
biz.yahoo.com logoWEX Inc Earnings Call scheduled for 9:00 am ET today (NYSE:WEX)
biz.yahoo.com - July 27 at 9:00 AM
publicnow.com logoWEX Inc. Reports Second Quarter 2016 Financial Results (NYSE:WEX)
www.publicnow.com - July 27 at 7:18 AM
biz.yahoo.com logoQ2 2016 WEX Inc Earnings Release - Before Market Open (NYSE:WEX)
biz.yahoo.com - July 27 at 7:07 AM
sg.finance.yahoo.com logoWex tops Street 2Q forecasts (NYSE:WEX)
sg.finance.yahoo.com - July 27 at 6:57 AM
News IconGas prices fall again in Ohio (NYSE:WEX)
chronicle.northcoastnow.com - July 26 at 8:48 PM
News IconPrice at gas pump still falling in Ohio, average down to $2.06 a gallon (NYSE:WEX)
www.indeonline.com - July 26 at 8:48 PM
wsj.com logoOhio gas prices down as crude oil prices continue to decline (NYSE:WEX)
wnewsj.com - July 26 at 8:48 PM
News IconWEX inks deal with niche insurer (NYSE:WEX)
www.mainebiz.biz - July 22 at 8:02 PM
4-traders.com logoWEX : Aquarium Software and WEX Announce New Virtual Payments Agreement for Niche Insurance Payments (NYSE:WEX)
www.4-traders.com - July 21 at 11:05 AM
finance.yahoo.com logoAquarium Software and WEX Announce New Virtual Payments Agreement for Niche Insurance Payments (NYSE:WEX)
finance.yahoo.com - July 21 at 3:00 AM
News IconOhio gas prices up from last week (NYSE:WEX)
www.toledoblade.com - July 20 at 11:06 AM
News IconWEX raises $354.95M in relation to acquisition (NYSE:WEX)
www.mainebiz.biz - July 19 at 8:25 PM
News IconGas prices up, down across region (NYSE:WEX)
www.herald-dispatch.com - July 19 at 9:10 AM
News IconOhio gas prices up from last week; down from month ago (NYSE:WEX)
www.news-herald.com - July 19 at 9:10 AM
News IconOhio's average gas price ticks back up to $2.18, but still down from month ago (NYSE:WEX)
www.timesreporter.com - July 19 at 9:10 AM
capitalcube.com logoWEX, Inc. – Value Analysis (NYSE:WEX) : July 18, 2016 (NYSE:WEX)
www.capitalcube.com - July 18 at 4:31 PM


Wex (NYSE:WEX) Chart for Wednesday, September, 28, 2016

Last Updated on 9/28/2016 by MarketBeat.com Staff