WEX Company Profile (NYSE:WEX)

About WEX (NYSE: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. 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 consumer directed platforms, as well as payroll related benefits to customers in Brazil. The United States operations include the Company and its subsidiaries WEX Bank, WEX FleetOne, Electronic Funds Source LLC and WEX Health.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Symbol: NYSE:WEX
  • CUSIP: 96208T10
  • Web: www.wexinc.com
Capitalization:
  • Market Cap: $4.4 billion
  • Outstanding Shares: 42,891,000
Average Prices:
  • 50 Day Moving Avg: $101.96
  • 200 Day Moving Avg: $108.27
  • 52 Week Range: $80.67 - $122.91
P/E:
  • Trailing P/E Ratio: 64.28
  • Foreward P/E Ratio: 16.67
  • P/E Growth: 1.26
Sales & Book Value:
  • Annual Revenue: $1.1 billion
  • Price / Sales: 4.00
  • Book Value: $35.92 per share
  • Price / Book: 2.85
Profitability:
  • EBIDTA: $340.17 million
  • Net Margins: 5.95%
  • Return on Equity: 13.93%
  • Return on Assets: 3.58%
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.62%
  • Quick Ratio: 0.62%
Misc:
  • Average Volume: 408,058 shs.
  • Beta: 1.9
  • Short Ratio: 6.23
 

Frequently Asked Questions for WEX (NYSE:WEX)

What is WEX's stock symbol?

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

How were WEX's earnings last quarter?

WEX Inc (NYSE:WEX) announced its quarterly earnings data on Thursday, April, 27th. The company reported $1.13 earnings per share for the quarter, meeting analysts' consensus estimates of $1.13. The business had revenue of $291.36 million for the quarter, compared to analyst estimates of $281.68 million. WEX had a return on equity of 13.93% and a net margin of 5.95%. The company's revenue was up 41.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 earnings per share. View WEX's Earnings History.

When will WEX make its next earnings announcement?

WEX is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for WEX.

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

WEX issued an update on its FY17 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $5.15-5.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.32. The company issued revenue guidance of $1.165-1.205 billion, compared to the consensus revenue estimate of $1.19 billion.WEX also updated its Q2 guidance to $1.19-1.26 EPS.

Where is WEX's stock going? Where will WEX's stock price be in 2017?

8 brokerages have issued 1 year price objectives for WEX's stock. Their forecasts range from $90.00 to $135.00. On average, they anticipate WEX's share price to reach $111.00 in the next year. View Analyst Ratings for WEX.

Who are some of WEX's key competitors?

Who owns WEX stock?

WEX's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Warburg Pincus LLC (8.98%), Wellington Management Group LLP (7.65%), Vanguard Group Inc. (7.17%), BlackRock Inc. (7.10%), JPMorgan Chase & Co. (6.58%) and Janus Capital Management LLC (6.48%). Company insiders that own WEX stock include Eric Duprat, George W Hogan, Jack Vanwoerkom, Melissa D Smith, Michael E Dubyak, Scott Robert Phillips and Stephen R Crowley. View Institutional Ownership Trends for WEX.

Who sold WEX stock? Who is selling WEX stock?

WEX's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Wells Fargo & Company MN, Warburg Pincus LLC, Nationwide Fund Advisors, Bank of America Corp DE, SG Americas Securities LLC and Victory Capital Management Inc.. Company insiders that have sold WEX stock in the last year include Eric Duprat, George W Hogan, Melissa D Smith, Michael E Dubyak, Scott Robert Phillips and Stephen R Crowley. View Insider Buying and Selling for WEX.

Who bought WEX stock? Who is buying WEX stock?

WEX's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Vanguard Group Inc., BTIM Corp., Champlain Investment Partners LLC, Renaissance Technologies LLC, Clinton Group Inc. and Gotham Asset Management LLC. View Insider Buying and Selling for WEX.

How do I buy WEX stock?

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

How much does a share of WEX stock cost?

One share of WEX stock can currently be purchased for approximately $102.53.

Analyst Ratings

Consensus Ratings for WEX (NYSE:WEX) (?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $111.00 (8.26% upside)

Analysts' Ratings History for WEX (NYSE:WEX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Jefferies Group LLCReiterated RatingBuy$135.00LowView Rating Details
4/27/2017Credit Suisse Group AGUpgradeNeutral -> OutperformLowView Rating Details
2/14/2017Barclays PLCLower Price TargetHold$116.00 -> $115.00N/AView Rating Details
12/21/2016Citigroup IncReiterated RatingNeutralN/AView Rating Details
11/1/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$101.00 -> $120.00N/AView Rating Details
7/28/2016Morgan StanleyBoost Price TargetEqual Weight$94.00 -> $95.00N/AView Rating Details
7/28/2016Deutsche Bank AGBoost Price TargetHold$83.00 -> $90.00N/AView Rating Details
6/24/2016SunTrust Banks, Inc.Initiated CoverageNeutral$100.00N/AView Rating Details
5/6/2016William BlairReiterated RatingOutperformN/AView Rating Details
4/29/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$72.00 -> $91.00N/AView Rating Details
4/28/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
4/15/2016Compass PointInitiated CoverageNeutral$81.00N/AView Rating Details
4/12/2016Keefe, Bruyette & WoodsBoost Price Target$75.00 -> $95.00N/AView Rating Details
4/4/2016Evercore ISIBoost Price TargetHold$69.00 -> $70.00N/AView Rating Details
2/9/2016Goldman Sachs Group IncLower Price TargetNeutral$91.00 -> $78.00N/AView Rating Details
10/29/2015Topeka Capital MarketsLower Price TargetHold$110.00 -> $92.00N/AView Rating Details
6/29/2015Susquehanna Bancshares IncInitiated CoverageNeutral$116.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for WEX (NYSE:WEX)
Earnings by Quarter for WEX (NYSE:WEX)
Earnings History by Quarter for WEX (NYSE:WEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/27/2017Q1 2017$1.13$1.13$281.68 million$291.36 millionViewN/AView Earnings Details
2/13/2017Q4 2016$1.26$1.28$279.89 million$290.80 millionViewListenView Earnings Details
10/27/2016Q316$1.13$1.25$279.28 million$287.80 millionViewListenView Earnings Details
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)

Estimates

Earnings Estimates for WEX (NYSE:WEX)
2017 EPS Consensus Estimate: $5.03
2018 EPS Consensus Estimate: $5.79
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$1.12$1.25$1.15
Q2 20174$1.17$1.24$1.20
Q3 20174$1.31$1.43$1.37
Q4 20174$1.26$1.36$1.31
Q1 20181$1.24$1.24$1.24
Q2 20181$1.45$1.45$1.45
Q3 20181$1.59$1.59$1.59
Q4 20181$1.51$1.51$1.51
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for WEX (NYSE:WEX)
Insider Ownership Percentage: 0.86%
Institutional Ownership Percentage: 95.09%
Insider Trades by Quarter for WEX (NYSE:WEX)
Institutional Ownership by Quarter for WEX (NYSE:WEX)
Insider Trades by Quarter for WEX (NYSE:WEX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/2/2017Scott Robert PhillipsSVPSell22,135$99.90$2,211,286.50View SEC Filing  
2/15/2017Michael E DubyakDirectorSell5,500$109.94$604,670.00View SEC Filing  
12/30/2016Michael E DubyakDirectorSell5,500$111.22$611,710.00View SEC Filing  
11/15/2016Michael E DubyakDirectorSell5,500$99.52$547,360.00View SEC Filing  
11/2/2016George W HoganSVPSell1,950$103.88$202,566.00View SEC Filing  
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)

Headlines

Headline Trends for WEX (NYSE:WEX)
Latest Headlines for WEX (NYSE:WEX)
Source:
DateHeadline
finance.yahoo.com logoWEX Motopass Fuel Card launches new Online Service Centre
finance.yahoo.com - May 17 at 10:40 PM
finance.yahoo.com logoWEX Signs Multi Country Long-Term Fuel Card Processing Deal with Chevron
finance.yahoo.com - May 17 at 12:08 AM
americanbankingnews.com logoWEX Inc (WEX) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - May 16 at 12:02 AM
finance.yahoo.com logoWEX Inc. to Present at the J.P. Morgan Global Technology, Media and Telecom Conference
finance.yahoo.com - May 15 at 8:27 AM
streetinsider.com logoForm 4 WEX Inc. For: May 10 Filed by: Smith Melissa D
www.streetinsider.com - May 14 at 12:01 PM
streetinsider.com logoForm 4 WEX Inc. For: May 10 Filed by: Janosick Kenneth
www.streetinsider.com - May 13 at 2:57 AM
americanbankingnews.com logoWEX Inc (WEX) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - May 12 at 10:58 PM
americanbankingnews.com logoJefferies Group LLC Reiterates Buy Rating for WEX Inc (WEX)
www.americanbankingnews.com - May 7 at 10:32 AM
americanbankingnews.com logoWEX Inc (WEX) Expected to Post Quarterly Sales of $295.13 Million
www.americanbankingnews.com - May 4 at 2:22 PM
streetinsider.com logoForm 4 WEX Inc. For: May 01 Filed by: Neary James
www.streetinsider.com - May 4 at 9:39 AM
americanbankingnews.com logoScott Robert Phillips Sells 22,135 Shares of WEX Inc (WEX) Stock
www.americanbankingnews.com - May 3 at 10:00 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Likely to Impact WEX (WEX) Share Price
www.americanbankingnews.com - May 2 at 1:09 PM
americanbankingnews.com logoZacks: Brokerages Expect WEX Inc (WEX) Will Post Earnings of $1.22 Per Share
www.americanbankingnews.com - May 2 at 7:38 AM
finance.yahoo.com logoWEX Inc. -- Moody's revises WEX's Ba3 rating outlook to stable
finance.yahoo.com - May 1 at 7:43 PM
americanbankingnews.com logoWEX (WEX) Earns Daily News Impact Score of 0.05
www.americanbankingnews.com - April 29 at 10:44 AM
americanbankingnews.com logoQ4 2017 EPS Estimates for WEX Inc (WEX) Lowered by Analyst
www.americanbankingnews.com - April 28 at 8:44 PM
seekingalpha.com logoWEX's (WEX) CEO Melissa Smith on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 10:15 AM
finance.yahoo.com logoEdited Transcript of WEX earnings conference call or presentation 27-Apr-17 1:00pm GMT
finance.yahoo.com - April 28 at 10:15 AM
finance.yahoo.com logoPost Earnings Coverage as S&P Global's Quarterly Sales Increased 18% on Organic Basis; Adjusted EPS Surged 35%
finance.yahoo.com - April 28 at 10:15 AM
reuters.com logoBRIEF-WEX Q1 GAAP earnings per share $0.68
www.reuters.com - April 27 at 11:18 PM
finance.yahoo.com logoWEX Health Announces Winners of its Annual Partner Excellence Awards
finance.yahoo.com - April 27 at 11:18 PM
finance.yahoo.com logoWEX, Inc. – Value Analysis (NYSE:WEX) : April 27, 2017
finance.yahoo.com - April 27 at 11:18 PM
americanbankingnews.com logoWEX Inc (WEX) Upgraded by Credit Suisse Group AG to "Outperform"
www.americanbankingnews.com - April 27 at 5:34 PM
americanbankingnews.com logoWEX Inc (WEX) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - April 27 at 4:52 PM
americanbankingnews.com logoWEX Inc (WEX) Updates FY17 Earnings Guidance
www.americanbankingnews.com - April 27 at 12:22 PM
americanbankingnews.com logoWEX Inc (WEX) Issues Q2 Earnings Guidance
www.americanbankingnews.com - April 27 at 12:22 PM
finance.yahoo.com logoWEX Inc. Reports First Quarter 2017 Financial Results
finance.yahoo.com - April 27 at 11:42 AM
finance.yahoo.com logoEFS Expands Relationship with Pilot Flying J
finance.yahoo.com - April 27 at 11:42 AM
finance.yahoo.com logoWex beats Street 1Q forecasts
finance.yahoo.com - April 27 at 11:41 AM
americanbankingnews.com logoWEX Inc (WEX) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - April 27 at 10:16 AM
finance.yahoo.com logoWEX, Inc. breached its 50 day moving average in a Bearish Manner : WEX-US : April 26, 2017
finance.yahoo.com - April 26 at 5:14 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for WEX Inc Issued By William Blair (WEX)
www.americanbankingnews.com - April 26 at 9:39 AM
americanbankingnews.com logoFavorable News Coverage Extremely Likely to Affect WEX (WEX) Stock Price
www.americanbankingnews.com - April 26 at 8:21 AM
finance.yahoo.com logoWEX Health Kicks Off 10th Annual Go-To Industry Event
finance.yahoo.com - April 26 at 8:18 AM
finance.yahoo.com logoWEX Launches ClearView Advanced to Convert Customer Insights to Action
finance.yahoo.com - April 25 at 8:40 AM
americanbankingnews.com logoSomewhat Critical Media Coverage Very Likely to Impact WEX (WEX) Share Price
www.americanbankingnews.com - April 23 at 11:03 AM
americanbankingnews.com logoWEX (WEX) Receives Daily Coverage Optimism Score of 0.11
www.americanbankingnews.com - April 20 at 9:55 AM
americanbankingnews.com logoWEX Inc (WEX) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 17 at 10:35 PM
americanbankingnews.com logoWEX (WEX) Getting Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 16 at 8:56 AM
americanbankingnews.com logoWEX Inc (WEX) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 15 at 8:36 AM
finance.yahoo.com logoWEX Inc. to Release First Quarter 2017 Financial Results on April 27, 2017
finance.yahoo.com - April 13 at 11:36 PM
americanbankingnews.com logoWEX Inc (WEX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 13 at 8:28 AM
americanbankingnews.com logoWEX Inc (WEX) Expected to Post Earnings of $1.13 Per Share
www.americanbankingnews.com - April 11 at 10:24 AM
americanbankingnews.com logoWEX Inc (WEX) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 7 at 7:24 PM
finance.yahoo.com logoKnight Transportation Extends Relationship with EFS
finance.yahoo.com - April 7 at 1:28 PM
finance.yahoo.com logoWEX Expands Asian Virtual Payments Solution to Singapore
au.finance.yahoo.com - April 3 at 2:15 AM
finance.yahoo.com logoLeading Supply Chain Provider, NFI, Goes Live with EFS’ Fuel Card
finance.yahoo.com - March 28 at 8:19 AM
finance.yahoo.com logoWEX Health Strengthens Position as an Industry Leader
finance.yahoo.com - March 23 at 9:00 PM
americanbankingnews.com logoWEX Inc (WEX) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 23 at 1:04 PM
nasdaq.com logoWEX Crosses Above Average Analyst Target
www.nasdaq.com - March 19 at 7:42 PM

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WEX (WEX) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff