NYSE:WEX WEX - WEX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding WEX Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $188.41 -2.18 (-1.14%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$187.14▼$191.0150-Day Range$158.11▼$190.5952-Week Range$125.00▼$194.05Volume339,183 shsAverage Volume269,698 shsMarket Capitalization$8.21 billionP/E Ratio85.25Dividend YieldN/APrice Target$194.08 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability WEX MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside3.0% Upside$194.08 Price TargetShort InterestHealthy2.86% of Float Sold ShortDividend StrengthN/ASustainability-1.09Upright™ Environmental ScoreNews Sentiment0.71Based on 15 Articles This WeekInsider TradingSelling Shares$922,250 Sold Last QuarterProj. Earnings Growth7.14%From $11.63 to $12.46 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 starsBusiness Services Sector20th out of 320 stocksBusiness Services, Not Elsewhere Classified Industry12th out of 93 stocks 2.3 Analyst's Opinion Consensus RatingWEX has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $194.08, WEX has a forecasted upside of 3.0% from its current price of $188.41.Amount of Analyst CoverageWEX has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.86% of the float of WEX has been sold short.Short Interest Ratio / Days to CoverWEX has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in WEX has recently decreased by 1.61%, indicating that investor sentiment is improving. 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 3.7 News and Social Media Coverage News SentimentWEX has a news sentiment score of 0.71. 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 higher news sentiment than the 0.42 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 15 news articles for WEX this week, compared to 5 articles on an average week.Search Interest5 people have searched for WEX on MarketBeat in the last 30 days. MarketBeat Follows10 people have added WEX to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $922,250.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of WEX is held by insiders.Percentage Held by Institutions98.65% of the stock of WEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for WEX are expected to grow by 7.14% in the coming year, from $11.63 to $12.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WEX is 85.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.67.Price to Earnings Ratio vs. SectorThe P/E ratio of WEX is 85.25, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 277.32.Price to Earnings Growth RatioWEX has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWEX has a P/B Ratio of 4.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About WEX (NYSE:WEX) StockWEX 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.Read More 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 WEX Stock News HeadlinesFebruary 3, 2023 | finance.yahoo.comWill Wex (WEX) Beat Estimates Again in Its Next Earnings Report?February 3, 2023 | americanbankingnews.comWEX Inc. Forecasted to Post Q1 2023 Earnings of $3.05 Per Share (NYSE:WEX)February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.February 2, 2023 | americanbankingnews.comFY2022 EPS Estimates for WEX Inc. Raised by Analyst (NYSE:WEX)January 30, 2023 | americanbankingnews.comPatient Portal Technologies (OTCMKTS:PPRG) vs. WEX (NYSE:WEX) Financial SurveyJanuary 28, 2023 | americanbankingnews.comWEX (NYSE:WEX) PT Raised to $200.00January 26, 2023 | finance.yahoo.comWEX Inc. to Release Fourth Quarter and Full Year 2022 Financial Results on February 9, 2023January 26, 2023 | americanbankingnews.comWEX (NYSE:WEX) PT Lowered to $209.00 at BarclaysFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 16, 2023 | finance.yahoo.com2 Stocks to Benefit From Falling InflationJanuary 8, 2023 | msn.com‘This one was extremely special’ sums up the Bills’ Damar Hamlin-inspired win over the PatriotsJanuary 8, 2023 | msn.comMaine Game Wardens recover body of ice fisherman from Seboeis LakeDecember 19, 2022 | finance.yahoo.comAt US$161, Is It Time To Put WEX Inc. (NYSE:WEX) On Your Watch List?December 19, 2022 | benzinga.comChronic Pain Treatment Market Size (2022-2030)Share, Industry Trends, Growth, Challenges, and Forecast: Growth Plus ReportsDecember 15, 2022 | finance.yahoo.comWEX Shares Up 13.5% in the Past Three Months: Here's HowDecember 12, 2022 | msn.comBrock Purdy doing it all for 49ers against BucsDecember 6, 2022 | finance.yahoo.comHere's Why Wex (WEX) is a Strong Value StockNovember 28, 2022 | finance.yahoo.comAre Investors Undervaluing WEX Inc. (NYSE:WEX) By 26%?November 28, 2022 | finance.yahoo.comWEX launches Driver App in Australia to help SMBs save money on fuelNovember 16, 2022 | finance.yahoo.comWEX to Present at the Credit Suisse 26th Annual Technology ConferenceNovember 10, 2022 | seekingalpha.comWEX Inc.: Still An Attractive Secular Growth StoryNovember 9, 2022 | msn.comASK WEX: Washington Examiner readers ask our experts about Midterm results and falloutNovember 8, 2022 | finance.yahoo.comWEX Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 4, 2022 | finance.yahoo.comWEX Beats on Q3 Earnings and Revenues, Raises FY22 ViewNovember 3, 2022 | finance.yahoo.comWEX Inc. to Present at J.P. Morgan Ultimate Services Investor ConferenceOctober 31, 2022 | benzinga.comWEX Analyst Highlights Cost Savings, Cross-Sell Revenue Potential Post Q3 BeatOctober 25, 2022 | benzinga.comWestern Exploration Amends Articles to Change Name of Listed Shares to "Variable Voting Shares"See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 WEX Company Calendar Last Earnings10/28/2021Today2/05/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services SectorBusiness Services Current SymbolNYSE:WEX Previous SymbolNYSE:WXS CUSIP96208T10 CIK1309108 Webwww.wexinc.com Phone207-773-8171Fax207-828-5181Employees5,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$194.08 High Stock Price Forecast$230.00 Low Stock Price Forecast$157.00 Forecasted Upside/Downside+3.0%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio85.25 Forward P/E Ratio16.20 P/E Growth0.78Net Income$140,000.00 Net Margins4.53% Pretax Margin10.67% Return on Equity27.73% Return on Assets4.36% Debt Debt-to-Equity Ratio1.62 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$1.85 billion Price / Sales4.44 Cash Flow$14.00 per share Price / Cash Flow13.46 Book Value$41.03 per share Price / Book4.59Miscellaneous Outstanding Shares43,590,000Free Float43,157,000Market Cap$8.21 billion OptionableOptionable Beta1.60 Key ExecutivesMs. Melissa D. Smith (Age 54)Chairman, Pres & CEO Comp: $3.11MMr. David Cooper (Age 56)Sr. VP & Chief Technology Officer Comp: $913.1kMr. Robert Joseph Deshaies (Age 57)Chief Operating Officer of Americas Comp: $1.07MMr. Jagtar Narula (Age 52)Chief Financial Officer Ms. Jennifer Kimball (Age 48)Chief Accounting Officer Mr. Steven Alan Elder (Age 54)Sr. VP of Global Investor Relations Ms. Hilary Ann Rapkin Esq. (Age 56)Chief Legal Officer & Sec. Ms. Ann Elena Drew J.D. (Age 52)Chief Risk & Compliance Officer Ms. Melanie J. Tinto (Age 51)Chief HR Officer Mr. Joel Alan Dearborn Jr. (Age 44)Chief Strategy Officer More ExecutivesKey CompetitorsExlServiceNASDAQ:EXLSWestern UnionNYSE:WUMaximusNYSE:MMSFLEETCOR TechnologiesNYSE:FLTBroadridge Financial SolutionsNYSE:BRView All CompetitorsInsiders & InstitutionsFisher Asset Management LLCBought 14,532 shares on 2/3/2023Ownership: 0.033%Sepio Capital LPSold 170 shares on 2/3/2023Ownership: 0.017%Securian Asset Management Inc.Sold 100 shares on 2/3/2023Ownership: 0.009%Raymond James Trust N.A.Sold 83 shares on 2/2/2023Ownership: 0.005%Profund Advisors LLCSold 75 shares on 2/2/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions WEX Stock - Frequently Asked Questions Should I buy or sell WEX stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WEX in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WEX shares. View WEX analyst ratings or view top-rated stocks. What is WEX's stock price forecast for 2023? 11 brokers have issued 1 year target prices for WEX's stock. Their WEX share price forecasts range from $157.00 to $230.00. On average, they anticipate the company's share price to reach $194.08 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View analysts price targets for WEX or view top-rated stocks among Wall Street analysts. How have WEX shares performed in 2023? WEX's stock was trading at $163.65 on January 1st, 2023. Since then, WEX shares have increased by 15.1% and is now trading at $188.41. View the best growth stocks for 2023 here. When is WEX's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023. View our WEX earnings forecast. How can I listen to WEX's earnings call? WEX will be holding an earnings conference call on Thursday, February 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "2237921". How were WEX's earnings last quarter? WEX Inc. (NYSE:WEX) posted its quarterly earnings results on Thursday, October, 28th. The business services provider reported $2.45 EPS for the quarter, beating the consensus estimate of $2.28 by $0.17. The business services provider had revenue of $482.80 million for the quarter, compared to analysts' expectations of $478.34 million. WEX had a net margin of 4.53% and a trailing twelve-month return on equity of 27.73%. The business's revenue was up 26.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.19 EPS. 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. 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), Block (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 number of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (1.28%), Stephens Investment Management Group LLC (0.82%), New York State Common Retirement Fund (0.13%), New York State Teachers Retirement System (0.13%), Peregrine Capital Management LLC (0.13%) and Cambiar Investors LLC (0.12%). Insiders that own company stock include David G Cooper, Hilary A Rapkin, James R Groch, Jennifer Kimball, 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. 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 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 $188.41. How much money does WEX make? WEX (NYSE:WEX) has a market capitalization of $8.21 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 $2.21 on an earnings per share basis. How many employees does WEX have? The company 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 the company 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 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.