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: $112.08
  • 50 Day Moving Average: $114.47
  • 200 Day Moving Average: $107.94
  • 52-Week Range: $63.25 - $122.91
  • Trailing P/E Ratio: 76.25
  • Foreward P/E Ratio: 18.26
  • P/E Growth: 1.75
  • Market Cap: $4.83B
  • Outstanding Shares: 42,840,000
  • Beta: 1.9
Profitability:
  • 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%
Additional Links:
Companies Related to WEX:

Analyst Ratings

Consensus Ratings for WEX (NYSE:WEX) (?)
Ratings Breakdown: 10 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $101.42 (10.13% downside)

Analysts' Ratings History for WEX (NYSE:WEX)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Barclays PLCLower Price TargetHold$116.00 -> $115.00View Rating Details
12/21/2016Citigroup Inc.Reiterated RatingNeutralView Rating Details
11/1/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$101.00 -> $120.00View Rating Details
10/31/2016Credit Suisse GroupDowngradeOutperform -> Neutral$108.00 -> $113.00View Rating Details
10/23/2016Jefferies Group LLCReiterated RatingBuy$127.00View 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
6/24/2016SunTrust Banks, Inc.Initiated CoverageNeutral$100.00View Rating Details
5/6/2016William BlairReiterated RatingOutperformView Rating Details
4/29/2016J P Morgan Chase & CoUpgradeUnderweight -> Neutral$72.00 -> $91.00View Rating Details
4/28/2016Wells Fargo & CoDowngradeOutperform -> 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
2/9/2016Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$91.00 -> $78.00View Rating Details
10/29/2015Topeka Capital MarketsLower Price TargetHold$110.00 -> $92.00View Rating Details
6/29/2015Susquehanna Bancshares IncInitiated CoverageNeutral$116.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for WEX (NYSE:WEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
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)
Current Year EPS Consensus Estimate: $5.34 EPS
Next Year EPS Consensus Estimate: $6.18 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$1.10$1.20$1.14
Q4 20163$0.98$1.23$1.10
Q1 20175$1.12$1.25$1.15
Q2 20174$1.17$1.29$1.22
Q3 20174$1.32$1.44$1.40
Q4 20174$1.29$1.36$1.33
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 History for WEX (NYSE:WEX)
Insider Ownership Percentage: 0.86%
Institutional Ownership Percentage: 95.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for WEX (NYSE:WEX)
DateHeadline
finance.yahoo.com logoWEX Inc. to Present at the KBW Cards, Payments & Financial Technology Conference (NYSE:WEX)
finance.yahoo.com - February 21 at 4:10 PM
News IconAt $2.09 a gallon, gas in Ohio well below national average (NYSE:WEX)
www.dispatch.com - February 21 at 8:10 AM
News IconOhio Gas Prices Dip Slightly, Remain Under National Average (NYSE:WEX)
thecourier.com - February 21 at 8:10 AM
4-traders.com logoWEX : Vibe and WEX announce virtual payments agreement (NYSE:WEX)
www.4-traders.com - February 18 at 11:19 AM
uk.finance.yahoo.com logoVibe and WEX Announce Virtual Payments Agreement (NYSE:WEX)
uk.finance.yahoo.com - February 17 at 7:16 AM
capitalcube.com logoWEX, Inc. :WEX-US: Earnings Analysis: 2016 By the Numbers : February 15, 2017 (NYSE:WEX)
www.capitalcube.com - February 17 at 7:16 AM
4-traders.com logoWEX : Business Owners and HR Professionals Believe the Quality of Benefits Packages Impacts Company Reputation (NYSE:WEX)
www.4-traders.com - February 14 at 3:55 PM
streetinsider.com logoWex, Inc. (WEX) Tops Q4 EPS by 3c; Guides Relatively In-Line (NYSE:WEX)
www.streetinsider.com - February 14 at 3:55 PM
seekingalpha.com logoWEX (WEX) Q4 2016 Results - Earnings Call Transcript (NYSE:WEX)
seekingalpha.com - February 14 at 3:55 PM
News IconSouth Portland-based Wex hits $1 billion revenue for the first time (NYSE:WEX)
www.pressherald.com - February 14 at 3:55 PM
capitalcube.com logoWEX, Inc. :WEX-US: Earnings Analysis: Q4, 2016 By the Numbers : February 14, 2017 (NYSE:WEX)
www.capitalcube.com - February 14 at 3:55 PM
biz.yahoo.com logoWEX INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial State (NYSE:WEX)
us.rd.yahoo.com - February 14 at 7:02 AM
finance.yahoo.com logoEdited Transcript of WEX earnings conference call or presentation 13-Feb-17 2:00pm GMT (NYSE:WEX)
finance.yahoo.com - February 14 at 7:02 AM
finance.yahoo.com logoBusiness Owners and HR Professionals Believe the Quality of Benefits Packages Impacts Company Reputation (NYSE:WEX)
finance.yahoo.com - February 14 at 7:02 AM
News IconOhio gas prices right slightly but remain relatively low (NYSE:WEX)
newsok.com - February 13 at 8:46 AM
biz.yahoo.com logoWEX Inc Earnings Call (Q4 2016) (NYSE:WEX)
biz.yahoo.com - February 13 at 8:46 AM
reuters.com logoBRIEF-WEX reports Q4 adjusted earnings of $1.28/shr (NYSE:WEX)
www.reuters.com - February 13 at 8:46 AM
News IconWEX Inc. Reports Fourth Quarter and Full Year 2016 Financial Results (NYSE:WEX)
itbusinessnet.com - February 13 at 8:46 AM
sg.finance.yahoo.com logoWex tops Street 4Q forecasts (NYSE:WEX)
sg.finance.yahoo.com - February 13 at 8:46 AM
biz.yahoo.com logoQ4 2016 WEX Inc Earnings Release - Before Market Open (NYSE:WEX)
biz.yahoo.com - February 13 at 8:46 AM
biz.yahoo.com logoWEX Inc Earnings Call scheduled for 9:00 am ET today (NYSE:WEX)
biz.yahoo.com - February 13 at 8:46 AM
seekingalpha.com logoMore on WEX's Q4 (NYSE:WEX)
seekingalpha.com - February 13 at 7:21 AM
finance.yahoo.com logoShould You Sell WEX Inc. (WEX) Before Earnings? (NYSE:WEX)
finance.yahoo.com - February 11 at 6:17 AM
News Icon'Wait and See' Not 'Do or Die': Experts See Slow Road For Blockchain in 2017 (NYSE:WEX)
www.coindesk.com - February 8 at 2:15 AM
News IconAt $2.07 a gallon, gas in Ohio remains cheaper than in most other states (NYSE:WEX)
www.dispatch.com - February 6 at 9:43 AM
News IconDriver charged after SUV slams into Negley home (NYSE:WEX)
www.wfmj.com - February 6 at 9:43 AM
finance.yahoo.com logoWEX Inc. to Release Fourth Quarter and Full Year 2016 Financial Results on February 13, 2017 (NYSE:WEX)
finance.yahoo.com - February 4 at 6:16 AM
finance.yahoo.com logoWEX Inc. to Present at the Goldman Sachs Technology and Internet Conference (NYSE:WEX)
finance.yahoo.com - February 4 at 6:16 AM
News IconHitchHiker, WEX ink virtual payments agreement in Germany (NYSE:WEX)
www.greensheet.com - February 2 at 6:43 AM
uk.finance.yahoo.com logoHitchHiker and WEX Announce Virtual Payments Agreement in Germany (NYSE:WEX)
uk.finance.yahoo.com - February 1 at 7:25 AM
News IconOhio’s average gas price is lowest in US; Indiana 2nd (NYSE:WEX)
wane.com - January 31 at 7:56 AM
News IconFill 'er up: Ohio's average gas price is lowest in nation (NYSE:WEX)
www.dispatch.com - January 30 at 9:52 AM
News IconOhio’s average gas price is lowest in US as week begins (NYSE:WEX)
wytv.com - January 30 at 9:52 AM
News IconWEX Inc. Awarded U.S. GSA Contract (NYSE:WEX)
www.government-fleet.com - January 27 at 6:44 AM
News IconOhio drivers are seeing some of country's lowest gas prices (NYSE:WEX)
www.wfmj.com - January 24 at 3:18 PM
News IconWEX to Offer OnDeck Financing to Small Business Customers (NYSE:WEX)
www.automotive-fleet.com - January 20 at 2:29 AM
News IconGas prices are lower in Ohio and below national average (NYSE:WEX)
www.therepublic.com - January 17 at 8:56 PM
News IconGas prices lower in Ohio; below national average (NYSE:WEX)
www.whiznews.com - January 17 at 3:54 PM
News IconWEX joins online lender to offer financing to its small biz customers (NYSE:WEX)
www.mainebiz.biz - January 17 at 3:54 PM
reuters.com logoBRIEF-Wex and OnDeck announce strategic partnership (NYSE:WEX)
www.reuters.com - January 17 at 9:34 AM
finance.yahoo.com logoWEX and OnDeck Announce Strategic Partnership to Offer Financing to WEX Small Business Customers (NYSE:WEX)
finance.yahoo.com - January 17 at 9:34 AM
News IconWEX Pens Deal with Enterprise (NYSE:WEX)
www.autosphere.ca - January 16 at 12:19 PM
News IconDavis — Leighton (NYSE:WEX)
www.sunjournal.com - January 15 at 3:59 AM
News IconWEX renews ties with Enterprise Fleet Management for Canada expansion (NYSE:WEX)
www.petrolplaza.com - January 12 at 7:32 AM
News IconWex expands service in Canada (NYSE:WEX)
www.pressherald.com - January 12 at 7:32 AM
finance.yahoo.com logoWEX Inc. Announces New Collaboration with Enterprise Fleet Management in Canada (NYSE:WEX)
finance.yahoo.com - January 12 at 7:32 AM
News IconCalifornia gasoline prices spike upwards as 2017 starts (NYSE:WEX)
www.centralvalleybusinesstimes.com - January 7 at 6:26 AM
News IconNew year sees gas prices lower in Ohio, up nationally (NYSE:WEX)
www.whiznews.com - January 3 at 8:02 AM
News IconGas prices in Ohio up again ahead of New Year's holiday (NYSE:WEX)
www.toledoblade.com - December 30 at 3:37 PM
News IconGas prices in Ohio up again ahead of New Year’s holiday (NYSE:WEX)
www.news-herald.com - December 30 at 2:51 AM

Social

What is WEX's stock symbol?

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

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

13 brokerages have issued 1-year price objectives for WEX's stock. Their forecasts range from $70.00 to $127.00. On average, they expect WEX's share price to reach $101.42 in the next twelve months.

When will WEX announce their earnings?

WEX is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns WEX stock?

WEX's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Warburg Pincus LLC (9.39%), Janus Capital Management LLC (6.44%), Atlanta Capital Management Co. L L C (5.42%), Champlain Investment Partners LLC (3.68%), FMR LLC (3.37%) and State Street Corp (2.34%). Company insiders that own WEX stock include Eric Duprat, George W Hogan, Jack Vanwoerkom, Kenneth Janosick, Melissa D Smith, Michael E Dubyak, Regina O Sommer and Stephen R Crowley.

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, Loomis Sayles & Co. L P, Federated Investors Inc. PA, Envestnet Asset Management Inc., Rafferty Asset Management LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold WEX stock in the last year include Eric Duprat, George W Hogan, Melissa D Smith, Michael E Dubyak and Stephen R Crowley.

Who bought WEX stock? Who is buying WEX stock?

WEX's stock was purchased by a variety of institutional investors in the last quarter, including Warburg Pincus LLC, Janus Capital Management LLC, Castleark Management LLC, Brown Advisory Inc., Atlanta Capital Management Co. L L C, Champlain Investment Partners LLC, Capstone Investment Advisors LLC and Renaissance Technologies LLC.

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 $112.85.

WEX (NYSE:WEX) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for WEX (NYSE:WEX)

Earnings History Chart

Earnings by Quarter for WEX (NYSE:WEX)

Dividend History Chart

Dividend Payments by Quarter for WEX (NYSE:WEX)

Last Updated on 2/25/2017 by MarketBeat.com Staff