NYSE:WEX - WEX Stock Price, News & Analysis

$200.27
-6.35 (-3.07 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$199.23
Now: $200.27
$208.23
50-Day Range
$191.34
MA: $209.40
$220.02
52-Week Range
$131.35
Now: $200.27
$221.66
Volume251,000 shs
Average Volume328,948 shs
Market Capitalization$8.67 billion
P/E Ratio26.21
Dividend YieldN/A
Beta1.55
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
CUSIP96208T10
Phone207-773-8171

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$12.0499 per share
Book Value$42.60 per share

Profitability

Net Income$168.29 million

Miscellaneous

Employees3,700
Market Cap$8.67 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 will WEX's stock buyback program work?

WEX declared that its board has authorized a stock buyback plan on Tuesday, September 26th 2017, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

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 (EPS) for the quarter, topping 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 company's quarterly revenue was up 19.2% compared to the same quarter last year. During the same period last year, the firm earned $2.07 earnings per share. View WEX's Earnings History.

When is WEX's next earnings date?

WEX is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for WEX.

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 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.

What price target have analysts set for WEX?

14 brokers have issued twelve-month target prices for WEX's stock. Their forecasts range from $180.00 to $260.00. On average, they anticipate WEX's share price to reach $223.75 in the next year. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for WEX.

What is the consensus analysts' recommendation for WEX?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 3 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 headlines about WEX stock have been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WEX earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for WEX.

Are investors shorting WEX?

WEX saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 1,175,800 shares, a drop of 7.4% from the June 30th total of 1,269,900 shares. Based on an average daily volume of 302,100 shares, the short-interest ratio is presently 3.9 days. Currently, 2.8% of the shares of the stock are sold short. View WEX's Current Options Chain.

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), Home Depot (HD), Paypal (PYPL), UnitedHealth Group (UNH), Adobe (ADBE), Boeing (BA), Mastercard (MA), InterDigital Wireless (IDCC), ServiceNow (NOW) and Lululemon Athletica (LULU).

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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.24%), BlackRock Inc. (9.00%), BlackRock Inc. (8.99%), Janus Henderson Group PLC (8.37%), Atlanta Capital Management Co. L L C (5.14%) and Wells Fargo & Company MN (3.16%). 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 institutional investors are selling WEX stock?

WEX stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, JPMorgan Chase & Co., Keeley Teton Advisors LLC, Victory Capital Management Inc., Stephens Investment Management Group LLC, Echo Street Capital Management LLC, Red Cedar Management LP and Robeco Institutional Asset Management B.V.. 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 institutional investors are buying WEX stock?

WEX stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Atlanta Capital Management Co. L L C, Point72 Asset Management L.P., TimesSquare Capital Management LLC, First Trust Advisors LP, BlackRock Inc. and BlackRock Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is WEX's stock price today?

One share of WEX stock can currently be purchased for approximately $200.27.

How big of a company is WEX?

WEX has a market capitalization of $8.67 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?

The official website for WEX is http://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]


MarketBeat Community Rating for WEX (NYSE WEX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  415 (Vote Underperform)
Total Votes:  811
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.
This page was last updated on 8/23/2019 by MarketBeat.com Staff

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