WEX Stock Price, News & Analysis (NYSE:WEX)

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

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

WEX is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for WEX.

WEX will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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.

15 analysts have issued 1 year target prices for WEX's shares. Their predictions range from $180.00 to $260.00. On average, they anticipate WEX's stock price to reach $226.54 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for WEX.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for WEX.

News articles about WEX stock have trended negative on Wednesday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog 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 media sentiment score of -2.5 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for WEX.

WEX saw a decrease in short interest in September. As of September 30th, there was short interest totalling 1,190,000 shares, a decrease of 10.5% from the August 30th total of 1,330,000 shares. Based on an average daily trading volume, of 261,500 shares, the days-to-cover ratio is currently 4.6 days. Currently, 2.8% of the shares of the stock 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), Automatic Data Processing (ADP), Worldpay (WP), Fiserv (FISV), Paychex (PAYX), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), Euronet Worldwide (EEFT) and Genpact (G).

Based on aggregate information from My MarketBeat watchlists, some companies that other WEX investors own include NVIDIA (NVDA), Home Depot (HD), Paypal (PYPL), Adobe (ADBE), Mastercard (MA), UnitedHealth Group (UNH), Boeing (BA), ServiceNow (NOW), InterDigital Wireless (IDCC) and Lululemon Athletica (LULU).

WEX's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Stephens Investment Management Group LLC (0.69%), Peregrine Capital Management LLC (0.34%), State of Michigan Retirement System (0.33%), CIBC Private Wealth Group LLC (0.21%), Smith Graham & Co. Investment Advisors LP (0.12%) and Wendell David Associates Inc. (0.06%). 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.

WEX stock was sold by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC, Pacer Advisors Inc., Crossmark Global Holdings Inc., CIBC Private Wealth Group LLC, Navellier & Associates Inc and Alta Capital Management LLC. 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.

WEX stock was acquired by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Peregrine Capital Management LLC, Bath Savings Trust Co, Zeke Capital Advisors LLC, State of Alaska Department of Revenue, Virginia Retirement Systems ET AL, Brinker Capital Inc. and Nelson Van Denburg & Campbell Wealth Management Group LLC. View Insider Buying and Selling 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 $198.09.

WEX has a market capitalization of $8.57 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.

The official website for WEX is http://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]