WEX Stock Forecast, Price & News

-1.74 (-1.05 %)
(As of 09/21/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume229,421 shs
Average Volume342,410 shs
Market Capitalization$7.36 billion
P/E RatioN/A
Dividend YieldN/A
30 days | 90 days | 365 days | Advanced Chart
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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.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.36 out of 5 stars

Business Services Sector

65th out of 392 stocks

Business Services, Not Elsewhere Classified Industry

31st out of 134 stocks

Analyst Opinion: 4.3Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
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WEX (NYSE:WEX) Frequently Asked Questions

Is WEX a buy right now?

12 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 7 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.

What stocks does MarketBeat like better than WEX?

Wall Street analysts have given WEX a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but WEX wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting WEX?

WEX saw a decline in short interest in August. As of August 31st, there was short interest totaling 1,190,000 shares, a decline of 20.7% from the August 15th total of 1,500,000 shares. Based on an average daily volume of 311,100 shares, the days-to-cover ratio is presently 3.8 days. Approximately 2.7% of the shares of the stock 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 Thursday, November 4th 2021.
View our earnings forecast for WEX

How were WEX's earnings last quarter?

WEX Inc. (NYSE:WEX) released its quarterly earnings results on Thursday, July, 29th. The business services provider reported $2.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.75 by $0.56. WEX had a positive trailing twelve-month return on equity of 13.31% and a negative net margin of 20.38%.
View WEX's earnings history

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

WEX's stock was trading at $135.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WEX stock has increased by 21.5% and is now trading at $165.06.
View which stocks have been most impacted by COVID-19

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

WEX issued an update on its FY 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share guidance of $8.300-$8.700 for the period, compared to the Thomson Reuters consensus estimate of $8.320. The company issued revenue guidance of $1.81 billion-$1.84 billion, compared to the consensus revenue estimate of $1.80 billion.

What price target have analysts set for WEX?

12 brokerages have issued 1 year target prices for WEX's stock. Their forecasts range from $195.00 to $250.00. On average, they expect WEX's share price to reach $229.45 in the next year. This suggests a possible upside of 39.0% 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.

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), ServiceNow (NOW), PayPal (PYPL), Mastercard (MA), Shopify (SHOP), CrowdStrike (CRWD), Square (SQ), The 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.41%), BlackRock Inc. (8.76%), JPMorgan Chase & Co. (7.09%), Atlanta Capital Management Co. L L C (5.63%), Par Capital Management Inc. (2.57%) and State Street Corp (2.50%). 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, Nicola S Morris, Regina O Sommer, 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 Price T Rowe Associates Inc. MD, Wells Fargo & Company MN, Goldman Sachs Group Inc., Alliancebernstein L.P., BlackRock Inc., FMR LLC, Jupiter Asset Management Ltd., and Invesco Ltd.. Company insiders that have sold WEX company stock in the last year include David G Cooper, Hilary A Rapkin, Kenneth Janosick, 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 JPMorgan Chase & Co., Jefferies Group LLC, Primecap Management Co. CA, Artemis Investment Management LLP, Rockefeller Capital Management L.P., Millennium Management LLC, Par Capital Management Inc., and Morgan Stanley.
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 $165.06.

How much money does WEX make?

WEX has a market capitalization of $7.39 billion and generates $1.56 billion in revenue each year. The business services provider earns $-243,640,000.00 in net income (profit) each year or $4.87 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 or via email at [email protected].

This page was last updated on 9/21/2021 by MarketBeat.com Staff
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