NYSE:WEXWEX Stock Price, Forecast & News

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 shares have increased by 17.7% and is now trading at $159.85. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for WEX.

WEX is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for WEX.

WEX Inc (NYSE:WEX) announced its quarterly earnings data on Thursday, May, 7th. The business services provider reported $1.81 EPS for the quarter, missing the Zacks' consensus estimate of $2.05 by $0.24. The business services provider had revenue of $431.70 million for the quarter, compared to the consensus estimate of $427.21 million. WEX had a net margin of 3.76% and a return on equity of 19.68%. WEX's revenue was up 13.1% compared to the same quarter last year. During the same period last year, the firm earned $1.72 EPS. View WEX's earnings history.

13 Wall Street analysts have issued twelve-month price objectives for WEX's shares. Their forecasts range from $147.00 to $260.00. On average, they anticipate WEX's share price to reach $199.69 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View analysts' price targets for WEX.

Press coverage about WEX stock has been trending negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WEX earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about WEX.

WEX saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,820,000 shares, an increase of 9.0% from the June 15th total of 1,670,000 shares. Based on an average daily trading volume, of 648,600 shares, the days-to-cover ratio is currently 2.8 days. Approximately 4.2% of the company's 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), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Paychex (PAYX), FleetCor Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), Genpact (G), Corelogic (CLGX), Euronet Worldwide (EEFT) and MAXIMUS (MMS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other WEX investors own include Home Depot (HD), NVIDIA (NVDA), Adobe (ADBE), ServiceNow (NOW), Paypal (PYPL), Mastercard (MA), Zoetis (ZTS), Cisco Systems (CSCO), Lululemon Athletica (LULU) and Boeing (BA).

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

WEX's stock is owned by a number of retail and institutional investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). Company insiders that own WEX stock include David G Cooper, Hilary A Rapkin, Jack Vanwoerkom, Joel Alan Dearborn Jr, Melanie J Tinto, 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 bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity 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 $159.85.

WEX has a market capitalization of $6.96 billion and generates $1.72 billion in revenue each year. The business services provider earns $99.01 million in net income (profit) each year or $8.34 on an earnings per share basis. WEX employs 5,000 workers across the globe.

The official website for WEX is 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]