NYSE:WEXWEX Stock Price, Forecast & News

WEX's stock was trading at $135.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WEX shares have increased by 12.3% and is now trading at $152.55. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for WEX.

WEX is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for WEX.

WEX Inc (NYSE:WEX) released its earnings results on Thursday, May, 7th. The business services provider reported $1.81 earnings per share for the quarter, missing the consensus estimate of $2.05 by $0.24. The business services provider had revenue of $431.70 million for the quarter, compared to the consensus estimate of $427.21 million. WEX had a return on equity of 19.68% and a net margin of 3.76%. The company's revenue was up 13.1% on a year-over-year basis. During the same period last year, the business posted $1.72 earnings per share. View WEX's earnings history.

15 Wall Street analysts have issued twelve-month target prices for WEX's shares. Their forecasts range from $147.00 to $260.00. On average, they expect WEX's stock price to reach $198.00 in the next year. This suggests a possible upside of 29.8% from the stock's current price. View analysts' price targets for WEX.

Media headlines about WEX stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. WEX earned a daily sentiment score of -4.3 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the near future. View the latest news about WEX.

WEX saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,820,000 shares, an increase of 9.0% from the June 15th total of 1,670,000 shares. Based on an average trading volume of 648,600 shares, the days-to-cover ratio is currently 2.8 days. Approximately 4.2% of the shares of the company are sold short. View WEX's Current Options Chain.

Some companies that are related to WEX include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Paychex (PAYX), FleetCor Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), Genpact (G), Corelogic (CLGX), Euronet Worldwide (EEFT) and MAXIMUS (MMS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other WEX investors own include Home Depot (HD), NVIDIA (NVDA), Adobe (ADBE), ServiceNow (NOW), Paypal (PYPL), Mastercard (MA), Zoetis (ZTS), Cisco Systems (CSCO), Lululemon Athletica (LULU) and Boeing (BA).

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

WEX's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bath Savings Trust Co (0.06%), Louisiana State Employees Retirement System (0.03%), Envestnet Asset Management Inc. (0.02%), Symphony Financial Ltd. Co. (0.01%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%) and Ellevest Inc. (0.00%). Company insiders that own WEX stock include David G Cooper, Hilary A Rapkin, Jack Vanwoerkom, Joel Alan Dearborn Jr, Melanie J Tinto, Melissa D Smith, Michael E Dubyak, Nicola S Morris, Regina O Sommer, Roberto Simon, Rowland Moriarty and Scott Robert Phillips. View institutional ownership trends for WEX.

WEX stock was sold by a variety of institutional investors in the last quarter, including Bath Savings Trust Co, and Envestnet Asset Management Inc.. Company insiders that have sold WEX company stock in the last year include Joel Alan Dearborn Jr, Melanie J Tinto, Melissa D Smith, Nicola S Morris, Regina O Sommer, Roberto Simon, and Scott Robert Phillips. View insider buying and selling activity for WEX.

WEX stock was acquired by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co., Nelson Van Denburg & Campbell Wealth Management Group LLC, Ellevest Inc., and Louisiana State Employees Retirement System. View insider buying and selling activity for WEX.

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

One share of WEX stock can currently be purchased for approximately $152.55.

WEX has a market capitalization of $6.64 billion and generates $1.72 billion in revenue each year. The business services provider earns $99.01 million in net income (profit) each year or $8.34 on an earnings per share basis. WEX employs 5,000 workers across the globe.

The official website for WEX is www.wexinc.com.

WEX's mailing address is 1 Hancock Street, SOUTH PORTLAND ME, 04101. The business services provider can be reached via phone at 207-773-8171 or via email at [email protected]