S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69

WEX Stock Forecast, Price & News

-2.24 (-1.46%)
(As of 01/21/2022 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
413,814 shs
Average Volume
455,908 shs
Market Capitalization
$6.79 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
Receive WEX 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.

WEX logo

About WEX

WEX Inc. provides financial technology services in North 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; 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 processing solutions for payment and transaction monitoring needs. Its products include virtual cards that are used for transactions where no card is presented and that require pre-authorization; and prepaid and gift card products that enables secure payment and financial management solutions with single card options, access to open or closed loop redemption, load limits, and with various expirations. 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. 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 headquartered in Portland, Maine.


See More Headlines

Industry, Sector and Symbol

Business services, not elsewhere classified
Data Processing & Outsourced Services
Year Founded

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$10.43 per share
Book Value
$43.46 per share


Net Income
$-243.64 million
Pretax Margin




Free Float
Market Cap
$6.79 billion

Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End


Overall MarketRank

2.67 out of 5 stars

Business Services Sector

38th out of 455 stocks

Business Services, Not Elsewhere Classified Industry

17th out of 137 stocks

Analyst Opinion: 4.3Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

WEX (NYSE:WEX) Frequently Asked Questions

Is WEX a buy right now?

13 Wall Street equities research 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 equities research analysts is that investors should "buy" WEX stock.
View analyst ratings for WEX
or view top-rated stocks.

How has WEX's stock been impacted by COVID-19 (Coronavirus)?

WEX's stock was trading at $135.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WEX stock has increased by 11.5% and is now trading at $151.40.
View which stocks have been most impacted by COVID-19

Are investors shorting WEX?

WEX saw a decline in short interest in December. As of December 15th, there was short interest totaling 863,100 shares, a decline of 22.9% from the November 30th total of 1,120,000 shares. Based on an average daily trading volume, of 469,500 shares, the short-interest ratio is currently 1.8 days. Currently, 2.0% of the company's shares are short sold.
View WEX's Short Interest

When is WEX's next earnings date?

WEX is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 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, October, 28th. The business services provider reported $2.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.28 by $0.17. The business services provider earned $482.80 million during the quarter, compared to analyst estimates of $478.34 million. WEX had a positive trailing twelve-month return on equity of 15.97% and a negative net margin of 12.69%. The company's revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period last year, the company earned $1.19 earnings per share.
View WEX's earnings history

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

WEX updated its fourth quarter earnings guidance on Tuesday, January, 4th. The company provided earnings per share guidance of $2.45-2.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.37. The company issued revenue guidance of $485-495 million, compared to the consensus revenue estimate of $476.64 million.

What price target have analysts set for WEX?

13 Wall Street analysts have issued twelve-month target prices for WEX's shares. Their forecasts range from $155.00 to $250.00. On average, they expect WEX's stock price to reach $210.54 in the next twelve months. This suggests a possible upside of 39.1% 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 52, Pay $2.06M)
  • Mr. Roberto R. Simon, Chief Financial Officer (Age 47, Pay $1.17M)
  • Mr. Scott Robert Phillips, Pres of Global Fleet (Age 51, Pay $984.33k)
  • Mr. Joel Alan Dearborn Jr., Pres of Corp. Payments (Age 42, Pay $714.89k)
  • Mr. Robert Joseph Deshaies, Pres of Health Division (Age 55, Pay $788.64k)
  • Mr. David Cooper, Chief Technology Officer (Age 54)
  • Mr. Steven Alan Elder, Sr. VP of Global Investor Relations (Age 52)
  • Ms. Hilary Ann Rapkin, Chief Legal Officer & Sec. (Age 54)
  • Ms. Ann Elena Drew J.D., Chief Risk & Compliance Officer
  • Ms. Melanie J. Tinto, Chief HR Officer (Age 49)

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."

Who are WEX's major shareholders?

WEX's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Frontier Capital Management Co. LLC (0.12%), Bath Savings Trust Co (0.06%), Louisiana State Employees Retirement System (0.03%), Pendal Group Ltd (0.02%) and State of Alaska Department of Revenue (0.01%). 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, Roberto Simon 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 Frontier Capital Management Co. LLC, State of Alaska Department of Revenue, Russell Investments Group Ltd., Whittier Trust Co., and FourThought Financial LLC. Company insiders that have sold WEX company stock in the last year include David G Cooper, Hilary A Rapkin, Melissa D Smith, Roberto Simon, and Scott Robert Phillips.
View insider buying and selling activity for WEX
or view top insider-selling stocks.

Which institutional investors are buying WEX stock?

WEX stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Fenimore Asset Management Inc., Retirement Systems of Alabama, Crossmark Global Holdings Inc., Bath Savings Trust Co, and Louisiana State Employees Retirement System.
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.
Compare Top Brokerages Here.

What is WEX's stock price today?

One share of WEX stock can currently be purchased for approximately $151.40.

How much money does WEX make?

WEX has a market capitalization of $6.79 billion and generates $1.56 billion in revenue each year. The business services provider earns $-243.64 million in net income (profit) each year or ($5.05) on an earnings per share basis.

How many employees does WEX have?

WEX employs 5,300 workers across the globe.

What is WEX's official website?

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

Where are WEX's headquarters?

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.

This page was last updated on 1/22/2022 by MarketBeat.com Staff


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.