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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NYSE:WEX

WEX Stock Forecast, Price & News

$155.85
-2.53 (-1.60%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$153.34
$157.02
50-Day Range
$149.61
$177.28
52-Week Range
$123.01
$208.38
Volume
438,069 shs
Average Volume
316,981 shs
Market Capitalization
$7.01 billion
P/E Ratio
56.47
Dividend Yield
N/A
Price Target
$209.54

WEX MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
34.4% Upside
$209.54 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.09
Upright™ Environmental Score
News Sentiment
0.24mentions of WEX in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$593,780 Sold Last Quarter
Proj. Earnings Growth
12.33%
From $11.44 to $12.85 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.69 out of 5 stars

Business Services Sector

22nd out of 472 stocks

Business Services, Not Elsewhere Classified Industry

10th out of 146 stocks

30 days | 90 days | 365 days | Advanced Chart

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WEX logo

About WEX (NYSE:WEX) Stock

WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; credit and collections services; merchant services; analytics solutions with access to web-based data analytics platform that offers insights to fleet managers; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road and long haul fleets; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no card is presented. This segment markets its products directly and indirectly to commercial and government organizations. The Health and Employee Benefit Solutions segment offers healthcare payment products and software-as-a-service consumer directed platforms for healthcare market, as well as payroll related and employee benefit products in Brazil. This segment markets its products through health plans, third-party administrators, financial institutions, payroll companies benefits consultants, software providers, and individuals. 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.

WEX Stock News Headlines

Why WEX Inc. (NYSE:WEX) Could Be Worth Watching
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022
If you missed the boat on Tesla stocks, it's not too late! But don't follow the crowd and think EV makers are the most exciting investment. The smart money is focused on the miners that supply battery-grade lithium to EV manufacturers. With lithium demand expected to increase 10x by 2030, this industry is set to explode...
What Makes Wex (WEX) a New Buy Stock
Former Lawyer Went From $50K To $5.3M Trading Options
Slaving away for 70 hrs a week as a lawyer in Chicago, I was miserable. I ran into guys who worked the trading floor at the local exchange. I began trading the same way they did. I started out with $50K (much more than I needed, actually). I grew my $50K into $5.3M
WEX (NYSE:WEX) Rating Increased to Buy at Citigroup
See More Headlines

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
96208T10
Employees
5,600
Year Founded
N/A

Company Calendar

Last Earnings
4/28/2022
Today
7/06/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$209.54
High Stock Price Forecast
$240.00
Low Stock Price Forecast
$180.00
Forecasted Upside/Downside
+34.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61538461538462
Research Coverage
13 Analysts

Profitability

Net Income
$140,000.00
Pretax Margin
16.00%

Debt

Sales & Book Value

Annual Sales
$1.85 billion
Cash Flow
$13.78 per share
Book Value
$41.03 per share

Miscellaneous

Free Float
44,540,000
Market Cap
$7.01 billion
Optionable
Optionable
Beta
1.59














WEX Frequently Asked Questions

Should I buy or sell WEX stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WEX stock.
View analyst ratings for WEX
or view top-rated stocks.

What is WEX's stock price forecast for 2022?

13 brokerages have issued twelve-month price targets for WEX's shares. Their WEX stock forecasts range from $180.00 to $240.00. On average, they expect WEX's share price to reach $209.54 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price.
View analysts' price targets for WEX
or view top-rated stocks among Wall Street analysts.

How has WEX's stock price performed in 2022?

WEX's stock was trading at $140.39 at the beginning of the year. Since then, WEX shares have increased by 11.0% and is now trading at $155.85.
View the best growth stocks for 2022 here
.

When is WEX's next earnings date?

WEX is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for WEX
.

How were WEX's earnings last quarter?

WEX Inc. (NYSE:WEX) issued its quarterly earnings results on Thursday, April, 28th. The business services provider reported $2.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.41 by $0.03. The business services provider earned $517.54 million during the quarter, compared to analysts' expectations of $507.87 million. WEX had a trailing twelve-month return on equity of 21.38% and a net margin of 6.41%. The company's revenue was up 26.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.47 EPS.
View WEX's earnings history
.

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

WEX issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $12.40-$12.80 for the period, compared to the consensus estimate of $11.72. The company issued revenue guidance of $2.15 billion-$2.19 billion, compared to the consensus revenue estimate of $2.13 billion.

Who are WEX's key executives?

WEX's management team includes the following people:

What is Melissa Smith's approval rating as WEX's CEO?

116 employees have rated WEX CEO Melissa Smith on Glassdoor.com. Melissa Smith has an approval rating of 95% among WEX's employees. This puts Melissa Smith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of WEX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WEX investors own include NVIDIA (NVDA), ServiceNow (NOW), PayPal (PYPL), Mastercard (MA), Shopify (SHOP), CrowdStrike (CRWD), Square (SQ), Home Depot (HD), Okta (OKTA) and Zoom Video Communications (ZM).

What is WEX's stock symbol?

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

How do I buy shares of WEX?

Shares of WEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is WEX's stock price today?

One share of WEX stock can currently be purchased for approximately $155.85.

How much money does WEX make?

WEX (NYSE:WEX) has a market capitalization of $7.01 billion and generates $1.85 billion in revenue each year. The business services provider earns $140,000.00 in net income (profit) each year or $2.76 on an earnings per share basis.

How many employees does WEX have?

WEX employs 5,600 workers across the globe.

How can I contact WEX?

WEX's mailing address is 1 Hancock Street, SOUTH PORTLAND ME, 04101. The official website for WEX is www.wexinc.com. The business services provider can be reached via phone at 207-773-8171, via email at steve.elder@wexinc.com, or via fax at 207-828-5181.

This page (NYSE:WEX) was last updated on 7/6/2022 by MarketBeat.com Staff

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