NYSE:WEX - WEX Stock Price, News & Analysis

$203.24
+3.76 (+1.88 %)
(As of 08/19/2019 02:37 PM ET)
Today's Range
$203.12
Now: $203.24
$208.10
50-Day Range
$191.34
MA: $209.94
$220.02
52-Week Range
$131.35
Now: $203.24
$221.66
Volume9,705 shs
Average Volume345,726 shs
Market Capitalization$8.80 billion
P/E Ratio26.60
Dividend YieldN/A
Beta1.55
WEX Inc provides corporate card payment solutions in North and South America, the Asia Pacific, and Europe. 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; premium fleet services; credit and collections services; and merchant services, as well as offers ClearView analytics platform, a Web-based data analytics platform that offers insights to fleet managers and SmartHub mobile application for business managers to access their account information. Read More…

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
CUSIP96208T10
Phone207-773-8171

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$12.9205 per share
Book Value$42.60 per share

Profitability

Net Income$168.29 million

Miscellaneous

Employees3,700
Market Cap$8.80 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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WEX (NYSE:WEX) Frequently Asked Questions

What is WEX's stock symbol?

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

How will WEX's stock buyback program work?

WEX declared that its board has initiated a share buyback plan on Tuesday, September 26th 2017, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

How were WEX's earnings last quarter?

WEX Inc (NYSE:WEX) announced its quarterly earnings results on Thursday, August, 1st. The business services provider reported $2.28 earnings per share for the quarter, topping analysts' consensus estimates of $2.08 by $0.20. The business services provider had revenue of $441.81 million for the quarter, compared to analysts' expectations of $440.49 million. WEX had a net margin of 6.84% and a return on equity of 17.88%. The company's revenue for the quarter was up 19.2% on a year-over-year basis. During the same period in the prior year, the company earned $2.07 EPS. View WEX's Earnings History.

When is WEX's next earnings date?

WEX is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for WEX.

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

WEX issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $9.10-9.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.31. The company issued revenue guidance of $1.72-1.75 billion, compared to the consensus revenue estimate of $1.74 billion.

What price target have analysts set for WEX?

14 brokerages have issued 1 year price objectives for WEX's stock. Their forecasts range from $180.00 to $260.00. On average, they expect WEX's stock price to reach $223.75 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for WEX.

What is the consensus analysts' recommendation for WEX?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for WEX.

Has WEX been receiving favorable news coverage?

News headlines about WEX stock have trended negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WEX earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for WEX.

Are investors shorting WEX?

WEX saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,175,800 shares, a decline of 7.4% from the June 30th total of 1,269,900 shares. Based on an average trading volume of 302,100 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.8% of the company's stock are sold short. View WEX's Current Options Chain.

Who are some of WEX's key 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), Home Depot (HD), Paypal (PYPL), UnitedHealth Group (UNH), Adobe (ADBE), Boeing (BA), Mastercard (MA), InterDigital Wireless (IDCC), ServiceNow (NOW) and Lululemon Athletica (LULU).

Who are WEX's key executives?

WEX's management team includes the folowing people:
  • Mr. Michael E. Dubyak, Chairman (Age 68)
  • Ms. Melissa D. Smith, CEO, Pres & Director (Age 50)
  • Mr. Roberto R. Simon, Chief Financial Officer (Age 45)
  • Ms. Melanie J. Tinto, Chief HR Officer (Age 47)
  • Mr. Jeffrey Alan Young, Pres of Health (Age 53)

Who are WEX's major shareholders?

WEX's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.24%), BlackRock Inc. (9.00%), Janus Henderson Group PLC (8.37%), Atlanta Capital Management Co. L L C (5.14%), Wells Fargo & Company MN (3.16%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (2.81%). Company insiders that own WEX stock include David G Cooper, Hilary A Rapkin, Jack Vanwoerkom, James Neary, 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.

Which institutional investors are selling WEX stock?

WEX stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, JPMorgan Chase & Co., Keeley Teton Advisors LLC, Victory Capital Management Inc., Stephens Investment Management Group LLC, Echo Street Capital Management LLC, Red Cedar Management LP and Robeco Institutional Asset Management B.V.. Company insiders that have sold WEX company stock in the last year include David G Cooper, Hilary A Rapkin, Melissa D Smith, Michael E Dubyak, Nicola S Morris, Roberto Simon, Rowland Moriarty and Scott Robert Phillips. View Insider Buying and Selling for WEX.

Which institutional investors are buying WEX stock?

WEX stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Atlanta Capital Management Co. L L C, Point72 Asset Management L.P., TimesSquare Capital Management LLC, First Trust Advisors LP, BlackRock Inc. and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is WEX's stock price today?

One share of WEX stock can currently be purchased for approximately $203.27.

How big of a company is WEX?

WEX has a market capitalization of $8.80 billion and generates $1.49 billion in revenue each year. The business services provider earns $168.29 million in net income (profit) each year or $7.64 on an earnings per share basis. WEX employs 3,700 workers across the globe.View Additional Information About WEX.

What is WEX's official website?

The official website for WEX is http://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 or via email at [email protected]


MarketBeat Community Rating for WEX (NYSE WEX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  415 (Vote Underperform)
Total Votes:  811
MarketBeat's community ratings are surveys of what our community members think about WEX and other stocks. Vote "Outperform" if you believe WEX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WEX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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