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WEX (WEX)
NYSE:WEX
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WEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$161.95 - $244.04
Previous Close$183.13
Volume391.22K
Average Volume (3M)355.60K
Market Cap
$7.67B
Enterprise Value$7.54B
Total Cash (Recent Filing)$4.00B
Total Debt (Recent Filing)$3.87B
Price to Earnings (P/E)29.8
Beta1.23
Next Earnings
Jul 25, 2024EPS Estimate
$3.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.16
Shares Outstanding41,900,535
10 Day Avg. Volume323,694
30 Day Avg. Volume355,602
Standard Deviation0.12
R-Squared0.45
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)4.00
Price to Sales (P/S)2.86
Price to Cash Flow (P/CF)2.40
P/FCF Ratio2.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.39
Enterprise Value/Gross Profit4.79
Enterprise Value/Ebitda30.32
Forecast
1Y Price Target
$239.20Price Target Upside29.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
WEX News
Bulls Say, Bears Say
Bulls Say
Corporate PaymentsCorporate payments volumes continue to be very strong - $23,948mn vs. our $21,896mn.
New AgreementWEX also announced a new agreement with Booking.com as its preferred virtual card provider, which is embedded in guidance.
Travel RevenuesTravel revenues are up 30% year-over-year, with growth metrics well above travel market trends.
Bears Say
Corporate Payments PerformanceCorporate Payments Yields were down about 9% year-over-year despite strong volume growth.
Investor SkepticismThere is investor skepticism around the recent Booking.com renewal, which constitutes approximately 30% of the Corporate Payments segment volumes.
Revenue SensitivityApproximately 20% of WEX's revenues are still sensitive to the price of fuel, leading to share volatility due to macroeconomic factors.
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Ownership Overview
1.55% Insiders
37.49% Mutual Funds
21.40% Other Institutional Investors
39.55% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WEX FAQ
What was WEX’s price range in the past 12 months?
WEX lowest stock price was $161.95 and its highest was $244.04 in the past 12 months.
What is WEX’s market cap?
Currently, no data Available
When is WEX’s upcoming earnings report date?
WEX’s upcoming earnings report date is Jul 25, 2024 which is 153 days ago.
How were WEX’s earnings last quarter?
WEX released its earnings results on Apr 25, 2024. The company reported $3.46 earnings per share for the quarter, missing the consensus estimate of $3.487 by -$0.027.
Is WEX overvalued?
According to Wall Street analysts WEX’s price is currently Undervalued.
Does WEX pay dividends?
WEX does not currently pay dividends.
What is WEX’s EPS estimate?
WEX’s EPS estimate is $3.81.
How many shares outstanding does WEX have?
WEX has 41,900,536 shares outstanding.
What happened to WEX’s price movement after its last earnings report?
WEX reported an EPS of $3.46 in its last earnings report, missing expectations of $3.487. Following the earnings report the stock price went down -7.835%.
Which hedge fund is a major shareholder of WEX?
Among the largest hedge funds holding WEX’s share is Par Capital Management Inc. It holds WEX’s shares valued at 439M.
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WEX Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$239.20 (29.27% Upside)
$239.20 (29.27% Upside)
Blogger Sentiment
Bullish
WEX Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 37.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $953.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.4%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.91%
12-Months-Change
Fundamentals
Return on Equity
15.34%
Trailing 12-Months
Asset Growth
13.31%
Trailing 12-Months
Company Description
WEX
WEX, Inc. engages in the provision of payment processing and information management solutions. It operates through the following segments: Fleet Solutions; Travel and Corporate Solutions; and Health and Employee Benefit Solutions. The Flight Solutions segment provides payment and transaction processing services for the needs of commercial and government fleets. The Travel and Corporate Solutions segment focuses on the payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment, and transaction monitoring needs. The Health and Employee Benefit Solutions segment involves healthcare payment products and SaaS consumer directed platforms, as well as payroll related benefits to customers. The company was founded by Parker Poole III and William Richardson in 1983 and is headquartered in Portland, ME.
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WEX Company Deck
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WEX Earnings Call
Q1 2024
0:00 / 0:00
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WEX Stock 12 Month Forecast
Average Price Target
$239.20
▲(29.27% Upside)
Technical Analysis
Best Analysts Covering WEX
1 Year
1 Year Success Rate
13/19 ratings generated profit
1 Year Average Return
+7.92%
reiterated a buy rating 6 months ago
Copying Sanjay Sakhrani's trades and holding each position for 1 Year would result in 68.42% of your transactions generating a profit, with an average return of +7.92% per trade.
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