WEX (WEX) Stock Price, News & Analysis

Company Overview

WEX Inc is a global financial technology company specializing in business payment solutions for fleet, travel, and corporate payments. The company delivers software-driven platforms and card-based services that help businesses automate payment processes, manage expenses and improve operational efficiency across a range of industries, including transportation, healthcare and government.

Founded in 1983 as Wright Express in Portland, Maine, the company began by offering fuel card services to trucking fleets. Over time, it expanded its product suite to include virtual payment solutions, data analytics tools and integrated billing systems. In 2012, the company completed its initial public offering and rebranded as WEX to reflect its broader focus on payments technology.

Key offerings include fleet fuel cards, virtual credit cards, corporate travel payment solutions and automated accounts payable platforms. These services enable clients to consolidate invoices, enforce spending controls and gain real-time visibility into expenses. WEX also provides healthcare claims payment services through its Health division, facilitating electronic payments and remittance data exchange between payers and providers.

Headquartered in Portland, Maine, WEX serves customers in North America, Latin America, Europe and Asia-Pacific. Under the leadership of President and CEO Melissa M. Smith, the company continues to invest in digital capabilities and strategic partnerships to broaden its global footprint and enhance its suite of payment technologies.

Key Stats

• Today's Range: $166.17 to $168.94
• 50-Day Range: $144.78 to $176.36
• 52-Week Range: $110.45 to $217.47
• Volume: 101,162 shs
• Average Volume: 677,649 shs
• Market Capitalization: $5.75 billion
• P/E Ratio: 21.18
• Dividend Yield: N/A
• Price Target: $179.82
• Consensus Rating: Hold

WEX Stock Analysis - MarketRank™

WEX scored higher than 85% of companies evaluated by MarketBeat, and ranked 52nd out of 313 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

WEX has received a consensus rating of Hold. The company's average rating score is 2.21, and is based on 3 buy ratings, 11 hold ratings, and no sell ratings.

Amount of Analyst Coverage

WEX has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.13%

Earnings Growth

Earnings for WEX are expected to grow by 13.13% in the coming year, from $14.09 to $15.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of WEX is 21.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of WEX is 21.15, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 26.93.

Price to Earnings Growth Ratio

WEX has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

WEX has a P/B Ratio of 5.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.96% of the float of WEX has been sold short.

Short Interest Ratio / Days to Cover

WEX has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WEX has recently decreased by 6.29%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

WEX does not currently pay a dividend.

Dividend Growth

WEX does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -1.09

Percentage of Shares Shorted

3.96% of the float of WEX has been sold short.

Short Interest Ratio / Days to Cover

WEX has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WEX has recently decreased by 6.29%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 1.01

News Sentiment

WEX has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for WEX this week, compared to 17 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, WEX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $481,753.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of WEX is held by insiders.

Percentage Held by Institutions

97.47% of the stock of WEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WEX Stock Analysis - Frequently Asked Questions

How have WEX shares performed this year?

WEX's stock was trading at $175.32 on January 1st, 2025. Since then, WEX stock has decreased by 4.4% and is now trading at $167.6350.

How were WEX's earnings last quarter?

WEX Inc. (NYSE:WEX) announced its quarterly earnings data on Wednesday, April, 30th. The business services provider reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.11. The firm's revenue was down 2.5% on a year-over-year basis.
Read the conference call transcript.

Does WEX have any subsidiaries?

The following companies are subsidiaries of WEX: Benefit Express, eNett, Optal, Go Fuel Card, Discovery Benefits, Pavestone Capital, Noventis, and more.

Who are WEX's major shareholders?

Top institutional investors of WEX include Par Capital Management Inc. (5.40%), Boston Partners (3.70%), Boston Partners (3.70%) and State Street Corp (3.19%). Insiders that own company stock include Melissa D Smith, Regina O Sommer, Regina O Sommer, James R Groch, Hilary A Rapkin, Melanie J Tinto, Jack Vanwoerkom, Robert Joseph Deshaies, Ann Elena Drew, Jagtar Narula, David G Cooper, Carlos Carriedo, Stephen Montgomery Smith, Jennifer Kimball and Sara Trickett.
View institutional ownership trends.

How do I buy shares of WEX?

Shares of WEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of WEX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WEX investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), ServiceNow (NOW), CrowdStrike (CRWD), Adobe (ADBE) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 4/30/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 10/23/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Financial Transaction Services
• Sub-Industry: Data Processing & Outsourced Services
• Current Symbol: NYSE:WEX
• Previous Symbol: NYSE:WXS
• CIK: 1309108
• Web: www.wexinc.com
• Phone: 207-773-8171
• Fax: 207-828-5181
• Employees: 6,500
• Year Founded: 1983

Price Target and Rating

• Average Price Target for WEX: $179.82
• High Price Target: $255.00
• Low Price Target: $135.00
• Potential Upside/Downside: +7.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.21
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.91
• Trailing P/E Ratio: 21.15
• Forward P/E Ratio: 11.88
• P/E Growth: 1.6
• Net Income: $309.60 million
• Net Margins: 11.79%
• Pretax Margin: 15.99%
• Return on Equity: 41.87%
• Return on Assets: 3.71%

Debt

• Debt-to-Equity Ratio: 3.99
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $2.63 billion
• Price / Sales: 2.18
• Cash Flow: $21.21 per share
• Price / Cash Flow: 7.89
• Book Value: $28.56 per share
• Price / Book: 5.86

Miscellaneous

• Outstanding Shares: 34,260,000
• Free Float: 33,784,000
• Market Cap: $5.73 billion
• Optionable: Optionable
• Beta: 1.31