NYSE:WEX WEX (WEX) Stock Price, News & Analysis $180.44 +8.31 (+4.83%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$174.60▼$183.1650-Day Range$169.28▼$198.4352-Week Range$161.95▼$244.04Volume521,344 shsAverage Volume335,291 shsMarket Capitalization$7.56 billionP/E Ratio29.34Dividend YieldN/APrice Target$238.85 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get WEX alerts: Email Address WEX MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside31.9% Upside$238.08 Price TargetShort InterestHealthy1.73% of Float Sold ShortDividend StrengthN/ASustainability-1.09Upright™ Environmental ScoreNews Sentiment0.45Based on 34 Articles This WeekInsider TradingSelling Shares$1.01 M Sold Last QuarterProj. Earnings Growth13.85%From $13.94 to $15.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.59 out of 5 starsBusiness Services Sector19th out of 317 stocksBusiness Services, Not Elsewhere Classified Industry15th out of 93 stocks 3.3 Analyst's Opinion Consensus RatingWEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageWEX has only been the subject of 3 research reports in the past 90 days.Read more about WEX's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.73% of the float of WEX has been sold short.Short Interest Ratio / Days to CoverWEX has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in WEX has recently increased by 30.77%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldWEX does not currently pay a dividend.Dividend GrowthWEX does not have a long track record of dividend growth. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWEX has received a 31.13% net impact score from Upright. WEX seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Creating knowledge". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Truck fleet management software", "Payment platform", and "Passenger car fleet management software" products. See details.Environmental SustainabilityThe Environmental Impact score for WEX is -1.09. Previous Next 2.5 News and Social Media Coverage News SentimentWEX has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 34 news articles for WEX this week, compared to 8 articles on an average week.Search Interest2 people have searched for WEX on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added WEX to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WEX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,008,402.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of WEX is held by insiders.Percentage Held by Institutions97.47% of the stock of WEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about WEX's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for WEX are expected to grow by 13.85% in the coming year, from $13.94 to $15.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WEX is 29.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of WEX is 29.34, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 20.18.Price to Earnings Growth RatioWEX has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioWEX has a P/B Ratio of 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about WEX's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About WEX Stock (NYSE:WEX)WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.Read More WEX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEX Stock News HeadlinesJuly 19, 2024 | insidertrades.comWEX Inc. (NYSE:WEX) CFO Sells $102,600.00 in StockJuly 11, 2024 | insidertrades.comWEX Inc. (NYSE:WEX) CFO Sells $97,200.00 in StockJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 26 at 1:22 PM | markets.businessinsider.comWEX: Hold Rating Maintained Amid Travel Division Struggles and Mixed Segment PerformanceJuly 26 at 1:22 PM | markets.businessinsider.comWEX: Hold Rating Affirmed Amid Revenue Concerns and Uncertain OutlookJuly 26 at 1:22 PM | msn.comWEX Inc. (NYSE:WEX) Q2 2024 Earnings Call TranscriptJuly 25 at 11:30 PM | seekingalpha.comWEX Inc (WEX) Q2 2024 Earnings Call TranscriptJuly 25 at 11:30 PM | msn.comWex (WEX) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 1:14 PM | pymnts.comWEX Sees AI, Commercial EVs as Growth OpportunitiesJuly 25 at 11:04 AM | investorplace.comWEX Stock Earnings: WEX Beats EPS, Misses Revenue for Q2 2024July 25 at 8:33 AM | finance.yahoo.comWEX Inc. Reports Second Quarter 2024 Financial ResultsJuly 25 at 8:33 AM | washingtonpost.comWex: Q2 Earnings SnapshotJuly 25 at 8:33 AM | msn.comWEX reports mixed Q2 results; initiates Q3 and narrows FY24 outlookJuly 25 at 2:54 AM | americanbankingnews.comWEX Inc. (NYSE:WEX) Receives $238.85 Consensus PT from AnalystsJuly 24 at 9:41 PM | finance.yahoo.comWestern Exploration Initiates 2024 Drill Program at Gravel CreekJuly 24 at 9:41 PM | msn.comHogan calls on Alsobrooks to halt ‘support for cutting off aid to Israel’July 24 at 9:41 PM | msn.comGeorge Stephanopoulos can’t dismiss Trump defamation suit: JudgeSee More Headlines Receive WEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WEX and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/28/2021Today7/26/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services Current SymbolNYSE:WEX Previous SymbolNYSE:WXS CUSIP96208T10 CIK1309108 Webwww.wexinc.com Phone207-773-8171Fax207-828-5181Employees5,500Year Founded1983Price Target and Rating Average Stock Price Target$238.08 High Stock Price Target$285.00 Low Stock Price Target$190.00 Potential Upside/Downside+31.3%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$6.15 Trailing P/E Ratio29.58 Forward P/E Ratio13.05 P/E Growth1.04Net Income$266.60 million Net Margins10.21% Pretax Margin13.93% Return on Equity30.92% Return on Assets3.93% Debt Debt-to-Equity Ratio1.73 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$2.55 billion Price / Sales2.99 Cash Flow$19.48 per share Price / Cash Flow9.34 Book Value$42.60 per share Price / Book4.27Miscellaneous Outstanding Shares41,900,000Free Float41,440,000Market Cap$7.62 billion OptionableOptionable Beta1.54 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMs. Melissa D. Smith (Age 55)Chairman of the Board, President & CEO Comp: $2.79MMr. Jagtar Narula (Age 53)Chief Financial Officer Comp: $1.27MMr. Sachin Dhawan (Age 49)Chief Technology Officer Comp: $455.29kMr. Joel Alan Dearborn Jr. (Age 45)Chief Strategy Officer Comp: $1.05MMr. Robert Joseph Deshaies (Age 58)Chief Operating Officer of Americas Comp: $1.3MMs. Jennifer Kimball (Age 49)Chief Accounting Officer Comp: $883.64kMr. Steven Alan Elder (Age 55)Senior Vice President of Global Investor Relations Comp: $450.39kMs. Hilary Ann Rapkin Esq. (Age 57)Chief Legal Officer & Secretary Comp: $530.49kMs. Ann Elena Drew J.D. (Age 53)Chief Risk & Compliance Officer Ms. Melanie J. Tinto (Age 52)Chief Human Resources Officer Comp: $933.32kMore ExecutivesKey CompetitorsGlobal PaymentsNYSE:GPNBroadridge Financial SolutionsNYSE:BRJack Henry & AssociatesNASDAQ:JKHYGenpactNYSE:GExlServiceNASDAQ:EXLSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 17,989 shares on 7/26/2024Ownership: 0.904%Allspring Global Investments Holdings LLCSold 33,190 shares on 7/26/2024Ownership: 0.044%Verdence Capital Advisors LLCBought 499 shares on 7/26/2024Ownership: 0.027%State of Michigan Retirement SystemSold 400 shares on 7/26/2024Ownership: 0.024%New York State Teachers Retirement SystemBought 292 shares on 7/24/2024Ownership: 0.125%View All Insider TransactionsView All Institutional Transactions WEX Stock Analysis - Frequently Asked Questions How have WEX shares performed this year? WEX's stock was trading at $194.55 at the beginning of 2024. Since then, WEX stock has decreased by 7.3% and is now trading at $180.44. View the best growth stocks for 2024 here. How were WEX's earnings last quarter? WEX Inc. (NYSE:WEX) issued its quarterly earnings data on Thursday, October, 28th. The business services provider reported $2.45 earnings per share for the quarter, beating analysts' consensus estimates of $2.28 by $0.17. WEX's revenue for the quarter was up 26.4% compared to the same quarter last year. What is Melissa Smith's approval rating as WEX's CEO? 116 employees have rated WEX Chief Executive Officer Melissa Smith on Glassdoor.com. Melissa Smith has an approval rating of 95% among the company's employees. This puts Melissa Smith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does WEX have any subsidiaries? WEX subsidiaries include these companies: Benefit Express, eNett, Optal, Go Fuel Card, Discovery Benefits, Pavestone Capital, Noventis, and others. Who are WEX's major shareholders? WEX's top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (2.18%), Bank of New York Mellon Corp (0.90%), Retirement Systems of Alabama (0.19%) and Raymond James & Associates (0.18%). Insiders that own company stock include Melissa D Smith, Regina O Sommer, Regina O Sommer, James R Groch, Hilary A Rapkin, Robert Joseph Deshaies, Jack Vanwoerkom, Melanie J Tinto, David G Cooper, Stephen Montgomery Smith, Ann Elena Drew, Jennifer Kimball, Sara Trickett and Carlos Carriedo. View institutional ownership trends. How do I buy shares of WEX? Shares of WEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of WEX own? Based on aggregate information from My MarketBeat watchlists, some other companies that WEX investors own include NVIDIA (NVDA), ServiceNow (NOW), PayPal (PYPL), Mastercard (MA), Shopify (SHOP), CrowdStrike (CRWD) and Block (SQ). This page (NYSE:WEX) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... 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