NYSE:WEX WEX Stock Forecast, Price & News Adding Choose a 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. Log In and Add $140.74 -0.47 (-0.33 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$140.60Now: $140.74▼$144.0950-Day Range$138.51MA: $156.64▼$168.5552-Week Range$71.12Now: $140.74▼$236.51Volume526,648 shsAverage Volume556,174 shsMarket Capitalization$6.21 billionP/E Ratio49.21Dividend YieldN/ABeta1.84 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media WEX Inc. provides corporate card payment solutions in North and South 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; and merchant services, as well as offers ClearView analytics platform, a Web-based data analytics platform that offers insights to fleet managers and SmartHub mobile application for business managers to access their account information. This segment markets its products directly 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 corporate 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 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.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingWEX has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 7 buy ratings, 10 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $197.76, WEX has a forecasted upside of 40.5% from its current price of $140.74.Amount of Analyst CoverageWEX has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesWEX has received 455 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWEX has received 482 “underperform” votes. (Add your “underperform” vote.)Community SentimentWEX has received 51.44% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about WEX and other stocks. Vote “Outperform” if you believe WEX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WEX will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 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 $2,246,047.00 in company stock.Percentage Held by InsidersOnly 0.76% of the stock of WEX is held by insiders.Percentage Held by Institutions98.73% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for WEX are expected to grow by 31.90% in the coming year, from $5.83 to $7.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WEX is 49.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.85.Price to Earnings Ratio vs. SectorThe P/E ratio of WEX is 49.21, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 37.35.Price to Earnings Growth RatioWEX has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWEX has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.2Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.77 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services SectorBusiness Services Current SymbolNYSE:WEX Previous SymbolNYSE:WXS CUSIP96208T10 CIK1309108 Webwww.wexinc.com Phone207-773-8171Debt Debt-to-Equity Ratio1.34 Current Ratio1.38 Quick Ratio1.38Price-To-Earnings Trailing P/E Ratio49.21 Forward P/E Ratio24.14 P/E Growth1.68 Sales & Book Value Annual Sales$1.72 billion Price / Sales3.60 Cash Flow$13.30 per share Price / Cash Flow10.58 Book Value$44.73 per share Price / Book3.15Profitability EPS (Most Recent Fiscal Year)$8.34 Net Income$99.01 million Net Margins7.47% Return on Equity16.87% Return on Assets3.98%Miscellaneous Employees5,000 Outstanding Shares44,095,000Market Cap$6.21 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $140.74 -0.47 (-0.33 %) (As of 09/23/2020 12:00 AM ET) 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 (NYSE:WEX) Frequently Asked Questions How has WEX's stock price been impacted by COVID-19? WEX's stock was trading at $135.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WEX stock has increased by 3.6% and is now trading at $140.74. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of WEX? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for WEX. When is WEX's next earnings date? WEX is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for WEX. How were WEX's earnings last quarter? WEX Inc (NYSE:WEX) issued its quarterly earnings results on Thursday, July, 30th. The business services provider reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.24 by $0.03. The business services provider had revenue of $347.08 million for the quarter, compared to analysts' expectations of $353.05 million. WEX had a return on equity of 16.87% and a net margin of 7.47%. View WEX's earnings history. What price target have analysts set for WEX? 17 brokerages have issued twelve-month price objectives for WEX's stock. Their forecasts range from $150.00 to $260.00. On average, they expect WEX's stock price to reach $197.76 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price. View analysts' price targets for WEX. Who are some of WEX's key competitors? 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. 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), Paypal (PYPL), Shopify (SHOP), ServiceNow (NOW), Mastercard (MA), Crowdstrike (CRWD), Home Depot (HD), Okta (OKTA), Zoom Video Communications (ZM) and Netflix (NFLX). Who are WEX's key executives? WEX's management team includes the following people: Mr. Michael E. Dubyak, Chairman (Age 68)Ms. Melissa D. Smith, CEO, Pres & Director (Age 50)Mr. Roberto R. Simon, Chief Financial Officer (Age 45)Ms. Melanie J. Tinto, Chief HR Officer (Age 47)Mr. Jeffrey Alan Young, Pres of Health (Age 53) 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.32%), Neuberger Berman Group LLC (3.79%), William Blair Investment Management LLC (1.98%), Bessemer Group Inc. (1.96%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.55%) and FMR LLC (1.24%). Company insiders that own WEX stock include David G Cooper, Hilary A Rapkin, 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. Which institutional investors are selling WEX stock? WEX stock was sold by a variety of institutional investors in the last quarter, including Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, TimesSquare Capital Management LLC, Bank of New York Mellon Corp, Federated Hermes Inc., Blair William & Co. IL, Vanguard Group Inc., FMR LLC, and Man Group plc. Company insiders that have sold WEX company stock in the last year include Joel Alan Dearborn Jr, Melanie J Tinto, Melissa D Smith, Nicola S Morris, Regina O Sommer, and Roberto Simon. View insider buying and selling activity for WEX. Which institutional investors are buying WEX stock? WEX stock was bought by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Ardevora Asset Management LLP, Wasatch Advisors Inc., Neuberger Berman Group LLC, Marshall Wace North America L.P., Goldman Sachs Group Inc., WCM Investment Management LLC, and Two Sigma Advisers LP. View insider buying and selling activity for WEX. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is WEX's stock price today? One share of WEX stock can currently be purchased for approximately $140.74. How big of a company is WEX? WEX has a market capitalization of $6.21 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. What is WEX's official website? The official website for WEX is www.wexinc.com. 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. 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