WEX (WEX) Stock Forecast, Price & News

WEX (NYSE:WEX) Frequently Asked Questions

Is WEX a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 5 hold ratings and 6 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.

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) posted its quarterly earnings data on Thursday, April, 28th. The business services provider reported $2.88 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.19. The business services provider had revenue of $517.54 million for the quarter, compared to the consensus estimate of $507.87 million. WEX had a net margin of 6.41% and a trailing twelve-month return on equity of 21.38%. The firm's quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 earnings per share 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.

What price target have analysts set for WEX?

11 analysts have issued twelve-month price objectives for WEX's stock. Their forecasts range from $155.00 to $240.00. On average, they anticipate WEX's stock price to reach $203.25 in the next year. This suggests a possible upside of 28.9% from the stock's current price.
View analysts' price targets for WEX or view top-rated stocks among Wall Street analysts.

Who are WEX's key executives?

WEX's management team includes the following people:

• Ms. Melissa D. Smith, Chairman, Pres & CEO (Age 53, Pay $3.11M) (LinkedIn Profile)
• Mr. David Cooper, Sr. VP & Chief Technology Officer (Age 55, Pay $913.1k) (LinkedIn Profile)
• Mr. Robert Joseph Deshaies, Chief Operating Officer of Americas (Age 56, Pay $1.07M) (LinkedIn Profile)
• Ms. Jennifer Kimball, Chief Accounting Officer & Interim CFO (Age 47)
• Mr. Steven Alan Elder, Sr. VP of Global Investor Relations (Age 53)
• Ms. Hilary Ann Rapkin Esq., Chief Legal Officer & Sec. (Age 55)
• Ms. Ann Elena Drew J.D., Chief Risk & Compliance Officer (Age 51)
• Ms. Melanie J. Tinto, Chief HR Officer (Age 50) (LinkedIn Profile)
• Mr. Joel Alan Dearborn Jr., Pres of Corp. Payments (Age 43)
• Mr. Marcelo Geraldi Velloso, Managing Director of Latin America

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.

Who are some of WEX's key competitors?

Some companies that are related to WEX include Visa (V), Mastercard (MA), Automatic Data Processing (ADP), Fiserv (FISV), Fidelity National Information Services (FIS), Paychex (PAYX), Global Payments (GPN), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), Genpact (G), Western Union (WU), Euronet Worldwide (EEFT), ExlService (EXLS) and Maximus (MMS).
View all of WEX's competitors.

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."

Who are WEX's major shareholders?

WEX's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.33%), BlackRock Inc. (9.13%), Wellington Management Group LLP (9.12%), JPMorgan Chase & Co. (3.39%), Primecap Management Co. CA (2.71%) and State Street Corp (2.66%). Company insiders that own WEX stock include David G Cooper, Hilary A Rapkin, Joel Alan Dearborn Jr, Kenneth Janosick, Melanie J Tinto, Melissa D Smith, Robert Joseph Deshaies, Roberto Simon and Scott Robert Phillips.
View institutional ownership trends for WEX.

Which major investors are selling WEX stock?

WEX stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Goldman Sachs Group Inc., Primecap Management Co. CA, Federated Hermes Inc., Thompson Siegel & Walmsley LLC, Williams Jones Wealth Management LLC., Loomis Sayles & Co. L P, and Twin Tree Management LP. Company insiders that have sold WEX company stock in the last year include Melanie J Tinto, and Robert Joseph Deshaies.
View insider buying and selling activity for WEX or view top insider-selling stocks.

Which major investors are buying WEX stock?

WEX stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Vanguard Group Inc., Hood River Capital Management LLC, Walleye Capital LLC, BlackRock Inc., State Street Corp, Pinebridge Investments L.P., and Massachusetts Financial Services Co. MA.
View insider buying and selling activity for WEX or or view top insider-buying stocks.

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.
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What is WEX's stock price today?

One share of WEX stock can currently be purchased for approximately $157.69.

How much money does WEX make?

WEX has a market capitalization of $7.09 billion and generates $1.85 billion in revenue each year. The business services provider earns $140 thousand in net income (profit) each year or $2.759990 on an earnings per share basis.

How many employees does WEX have?

WEX employs 5,600 workers across the globe.

What is WEX's official website?

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

How can I contact WEX?

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, via email at [email protected], or via fax at 207-828-5181.