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.
Read More…
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
Phone207-773-8171
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.49 billion
Profitability
Miscellaneous
Employees3,700
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable
WEX (NYSE:WEX) Frequently Asked Questions
What is WEX's stock symbol?
WEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "WEX."
How were WEX's earnings last quarter?
WEX Inc (NYSE:WEX) released its quarterly earnings results on Thursday, August, 1st. The business services provider reported $2.28 earnings per share for the quarter, topping the 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%. WEX's revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.07 earnings per share. View WEX's Earnings History.
When is WEX's next earnings date?
What guidance has WEX issued on next quarter's earnings?
WEX updated 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 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.
What price target have analysts set for WEX?
15 equities research analysts have issued twelve-month target prices for WEX's shares. Their forecasts range from $180.00 to $260.00. On average, they anticipate WEX's share price to reach $226.54 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for WEX.
What is the consensus analysts' recommendation 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.
Has WEX been receiving favorable news coverage?
Media stories about WEX stock have trended very negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. 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 news sentiment score of -3.9 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next several days. View News Stories for WEX.
Are investors shorting WEX?
WEX saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 1,190,000 shares, a decline of 10.5% from the August 30th total of 1,330,000 shares. Based on an average trading volume of 261,500 shares, the short-interest ratio is presently 4.6 days. Currently, 2.8% of the company's shares are short sold. View WEX's Current Options Chain.
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), 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).
What other stocks do shareholders of WEX own?
Who are WEX's key executives?
WEX's management team includes the folowing 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)
Who are WEX's major shareholders?
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%), CIBC Private Wealth Group LLC (0.21%), Smith Graham & Co. Investment Advisors LP (0.12%), Bath Savings Trust Co (0.05%) and Pacer Advisors Inc. (0.04%). 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.
Which major investors are selling WEX stock?
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 and Navellier & Associates Inc. 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.
Which major investors are buying WEX stock?
WEX stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Bath Savings Trust Co, Zeke Capital Advisors LLC, State of Alaska Department of Revenue, Brinker Capital Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Stephens Investment Management Group LLC and Smith Graham & Co. Investment Advisors LP. View Insider Buying and Selling 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 $203.08.
How big of a company is WEX?
WEX has a market capitalization of $8.79 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.
What is WEX's official website?
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]
MarketBeat Community Rating for WEX (NYSE WEX)
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.
