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

$200.98
-6.23 (-3.01 %)
(As of 10/20/2019 04:57 AM ET)
Today's Range
$199.56
Now: $200.98
$207.31
50-Day Range
$194.64
MA: $203.82
$212.58
52-Week Range
$131.35
Now: $200.98
$221.66
Volume314,727 shs
Average Volume242,102 shs
Market Capitalization$8.70 billion
P/E Ratio26.31
Dividend YieldN/A
Beta1.56
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$11.99 per share
Book Value$41.67 per share

Profitability

Net Income$168.29 million

Miscellaneous

Employees3,700
Market Cap$8.70 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 were WEX's earnings last quarter?

WEX Inc (NYSE:WEX) released its earnings results on Thursday, August, 1st. The business services provider reported $2.28 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.08 by $0.20. The business services provider earned $441.81 million during the quarter, compared to analyst estimates of $440.49 million. WEX had a net margin of 6.84% and a return on equity of 17.88%. The business's revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.07 EPS. 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 issued an update on 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 1 year target prices for WEX's shares. Their forecasts range from $180.00 to $260.00. On average, they expect WEX's share price to reach $226.54 in the next twelve months. This suggests a possible upside of 12.7% 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?

Press coverage about WEX stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press 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 negative five to five, with scores nearest to five being the most favorable. WEX earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely 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 drop in short interest in the month of 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 trading volume of 261,500 shares, the days-to-cover ratio is presently 4.6 days. Approximately 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), Adobe (ADBE), Mastercard (MA), UnitedHealth Group (UNH), Boeing (BA), ServiceNow (NOW), InterDigital Wireless (IDCC) 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 a variety of of institutional and retail investors. Top institutional shareholders 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 acquired 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.

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 $200.98.

How big of a company is WEX?

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.

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:  406 (Vote Outperform)
Underperform Votes:  427 (Vote Underperform)
Total Votes:  833
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 10/20/2019 by MarketBeat.com Staff

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