WEX Stock Price, News & Analysis (NYSE:WEX)

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

WEX Inc (NYSE:WEX) released its quarterly earnings data on Thursday, August, 1st. The business services provider reported $2.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.08 by $0.20. The business services provider had revenue of $441.81 million for 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 for the quarter was up 19.2% on a year-over-year basis. During the same quarter last year, the business posted $2.07 EPS. View WEX's Earnings History.

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

WEX updated its FY19 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of $9.10-9.35 for the period, compared to the Thomson Reuters consensus earnings per share 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.

15 equities research analysts have issued 12 month target prices for WEX's stock. Their predictions range from $180.00 to $260.00. On average, they expect WEX's share price to reach $226.54 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets 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.

Media headlines about WEX stock have trended somewhat negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. WEX earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for WEX.

WEX saw a drop in short interest in September. As of September 30th, there was short interest totalling 1,190,000 shares, a drop of 10.5% from the August 30th total of 1,330,000 shares. Based on an average daily volume of 261,500 shares, the short-interest ratio is presently 4.6 days. Approximately 2.8% of the company's shares are sold short. View WEX's Current Options Chain.

Some companies that are related to WEX include eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), CoStar Group (CSGP), Msci (MSCI), Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT), The Western Union (WU), Fair Isaac (FICO) and Nielsen (NLSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other WEX investors own include NVIDIA (NVDA), Home Depot (HD), Paypal (PYPL), Adobe (ADBE), Mastercard (MA), UnitedHealth Group (UNH), Boeing (BA), ServiceNow (NOW), InterDigital Wireless (IDCC) and Lululemon Athletica (LULU).

WEX's stock is owned by a variety of of retail and institutional 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.

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.

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, Nelson Van Denburg & Campbell Wealth Management Group LLC, Stephens Investment Management Group LLC, Smith Graham & Co. Investment Advisors LP and Envestnet Asset Management Inc.. View Insider Buying and Selling 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 $200.98.

WEX has a market capitalization of $8.70 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.

The official website for WEX is http://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]