S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NYSE:WEX

WEX Stock Forecast, Price & News

$129.18
+5.50 (+4.45%)
(As of 12/2/2021 12:00 AM ET)
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Today's Range
$124.05
$129.67
50-Day Range
$123.68
$196.26
52-Week Range
$123.58
$234.64
Volume
581,047 shs
Average Volume
365,502 shs
Market Capitalization
$5.79 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.81
30 days | 90 days | 365 days | Advanced Chart
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WEX logo

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.

Headlines

WEX (NYSE:WEX) Reaches New 52-Week Low at $126.16
November 30, 2021 |  americanbankingnews.com
WEX (NYSE:WEX) Reaches New 52-Week Low at $132.48
November 23, 2021 |  americanbankingnews.com
WEX (NYSE:WEX) Reaches New 1-Year Low at $141.86
November 17, 2021 |  americanbankingnews.com
Are Investors Undervaluing WEX Inc. (NYSE:WEX) By 36%?
November 12, 2021 |  finance.yahoo.com
WEX: Uneven Recovery Trends Cloud The Near-Term Outlook
November 5, 2021 |  seekingalpha.com
Why Wex Stock Crashed and Burned Today
November 5, 2021 |  finance.yahoo.com
Analyst Ratings For WEX - Benzinga - Benzinga
November 2, 2021 |  benzinga.com
RSI Alert: Wex Now Oversold - Nasdaq
October 29, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
96208T10
Employees
5,300
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$9.33 per share
Book Value
$41.15 per share

Profitability

Net Income
$-243.64 million
Pretax Margin
-7.90%

Debt

Price-To-Earnings

Miscellaneous

Free Float
44,254,000
Market Cap
$5.79 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

2.34 out of 5 stars

Business Services Sector

83rd out of 423 stocks

Business Services, Not Elsewhere Classified Industry

40th out of 137 stocks

Analyst Opinion: 4.3Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -












WEX (NYSE:WEX) Frequently Asked Questions

Is WEX a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEX in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WEX stock.
View analyst ratings for WEX
or view top-rated stocks.

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

WEX's stock was trading at $135.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WEX shares have decreased by 4.9% and is now trading at $129.18.
View which stocks have been most impacted by COVID-19
.

Are investors shorting WEX?

WEX saw a decrease in short interest in the month of October. As of October 29th, there was short interest totaling 907,200 shares, a decrease of 34.3% from the October 14th total of 1,380,000 shares. Based on an average daily volume of 356,400 shares, the short-interest ratio is currently 2.5 days. Currently, 2.1% of the company's shares 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 Wednesday, February 23rd 2022.
View our earnings forecast for WEX
.

How were WEX's earnings last quarter?

WEX Inc. (NYSE:WEX) posted its quarterly earnings results on Thursday, October, 28th. The business services provider reported $2.45 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.28 by $0.17. The business services provider had revenue of $482.80 million for the quarter, compared to analysts' expectations of $478.34 million. WEX had a positive trailing twelve-month return on equity of 15.97% and a negative net margin of 12.69%. The business's revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.19 earnings per share.
View WEX's earnings history
.

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

WEX updated its FY 2021 earnings guidance on Thursday, November, 4th. The company provided EPS guidance of $8.810-$9.010 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.630. The company issued revenue guidance of $1.82 billion-$1.84 billion, compared to the consensus revenue estimate of $1.83 billion.

What price target have analysts set for WEX?

14 equities research analysts have issued 12-month price targets for WEX's shares. Their forecasts range from $180.00 to $250.00. On average, they expect WEX's share price to reach $216.31 in the next twelve months. This suggests a possible upside of 67.4% 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.

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), 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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.74%), Wellington Management Group LLP (7.77%), Janus Henderson Group PLC (7.52%), Neuberger Berman Group LLC (4.41%), Par Capital Management Inc. (3.12%) and Primecap Management Co. CA (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, 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 Wellington Management Group LLP, Neuberger Berman Group LLC, Citigroup Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., Bamco Inc. NY, Morgan Stanley, and Bank of New York Mellon Corp. Company insiders that have sold WEX company stock in the last year include David G Cooper, Hilary A Rapkin, 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 Rockefeller Capital Management L.P., Primecap Management Co. CA, Par Capital Management Inc., Impactive Capital LP, Millennium Management LLC, Crestwood Capital Management L.P., Montag & Caldwell LLC, and Comerica Bank.
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 $129.18.

How much money does WEX make?

WEX has a market capitalization of $5.79 billion and generates $1.56 billion in revenue each year. The business services provider earns $-243.64 million in net income (profit) each year or ($5.05) 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, via email at [email protected], or via fax at 207-828-5181.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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