NYSE:WEX WEX (WEX) Stock Price, News & Analysis $186.35 -1.38 (-0.74%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$185.80▼$189.0150-Day Range$168.01▼$191.0252-Week Range$161.95▼$244.04Volume426,535 shsAverage Volume334,033 shsMarket Capitalization$7.66 billionP/E Ratio30.30Dividend YieldN/APrice Target$239.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get WEX alerts: Email Address WEX MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside28.6% Upside$239.58 Price TargetShort InterestHealthy4.15% of Float Sold ShortDividend StrengthN/ASustainability-1.09Upright™ Environmental ScoreNews Sentiment0.10Based on 9 Articles This WeekInsider TradingSelling Shares$993,307 Sold Last QuarterProj. Earnings Growth12.87%From $13.75 to $15.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.58 out of 5 starsBusiness Services Sector35th out of 303 stocksBusiness Services, Not Elsewhere Classified Industry15th out of 91 stocks 3.3 Analyst's Opinion Consensus RatingWEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageWEX has only been the subject of 4 research reports in the past 90 days.Read more about WEX's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.15% of the float of WEX has been sold short.Short Interest Ratio / Days to CoverWEX has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in WEX has recently decreased by 11.05%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldWEX does not currently pay a dividend.Dividend GrowthWEX does not have a long track record of dividend growth. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWEX has received a 31.13% net impact score from Upright. WEX seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Creating knowledge". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Truck fleet management software", "Payment platform", and "Passenger car fleet management software" products. See details.Environmental SustainabilityThe Environmental Impact score for WEX is -1.09. Previous Next 1.7 News and Social Media Coverage News SentimentWEX has a news sentiment score of 0.10. 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 is a lower news sentiment than the 0.55 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 9 news articles for WEX this week, compared to 8 articles on an average week.Search InterestOnly 2 people have searched for WEX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $993,307.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of WEX is held by insiders.Percentage Held by Institutions97.47% of the stock of WEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about WEX's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for WEX are expected to grow by 12.87% in the coming year, from $13.75 to $15.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WEX is 30.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of WEX is 30.30, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 40.42.Price to Earnings Growth RatioWEX has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWEX has a P/B Ratio of 4.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about WEX's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection Guide << About WEX Stock (NYSE:WEX)WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. 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 based in Portland, Maine.Read More WEX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEX Stock News HeadlinesAugust 24, 2024 | insidertrades.comWEX Inc. (NYSE:WEX) COO Sells $299,937.17 in StockAugust 7, 2024 | insidertrades.comWEX Inc. (NYSE:WEX) Insider Sells $204,166.86 in StockSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 7 at 6:16 AM | msn.comHow standing desks can help improve students' focusSeptember 6 at 8:03 PM | msn.comFlames' GM Craig Conroy Asks Players to Be Patient Amid Rumors of Rebuild ExitsSeptember 5 at 7:23 PM | finance.yahoo.comBoston Globe Media Announces "Globe Summit 2024: Boston's Breakthroughs"September 5 at 7:23 PM | msn.comAs Australia's ski seasons get shorter, towns and operators who rely on the snow are looking to summer to diversifySeptember 4 at 6:41 AM | msn.comVeterans from Walz’s unit insist he knew of deployment before congressional runSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 28, 2024 | finance.yahoo.comPeripheral Neuropathic Pain Market to Exhibit Growth at a CAGR of 4.1% by 2034 | DelveInsightAugust 28, 2024 | msn.comWhat is camera shutter count, and how do you find out yours?August 28, 2024 | americanbankingnews.comInsider Selling: WEX Inc. (NYSE:WEX) COO Sells $299,937.17 in StockAugust 24, 2024 | finance.yahoo.comInsider Selling at WEX Inc: COO Robert Deshaies Sells 1,651 SharesAugust 22, 2024 | markets.businessinsider.comJefferies Remains a Hold on WEX (WEX)August 21, 2024 | finance.yahoo.comWEX Sep 2024 170.000 put (WEX240920P00170000)August 20, 2024 | msn.comOutdoor dining is more pet-friendly than ever. Is that a good thing?August 18, 2024 | msn.com‘No one should have to go through this’: Single mom in NC had to take Airbnb guests to court to get them out of her property — 2 ways to invest in real estate without the ...August 18, 2024 | msn.comWexner Center for the Arts to welcome new head of exhibitions this fallSee More Headlines Receive WEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WEX and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services Current SymbolNYSE:WEX Previous SymbolNYSE:WXS CUSIP96208T10 CIK1309108 Webwww.wexinc.com Phone207-773-8171Fax207-828-5181Employees5,500Year Founded1983Price Target and Rating Average Stock Price Target$239.58 High Stock Price Target$285.00 Low Stock Price Target$190.00 Potential Upside/Downside+28.6%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$6.15 Trailing P/E Ratio30.30 Forward P/E Ratio13.55 P/E Growth1.12Net Income$266.60 million Net Margins9.32% Pretax Margin13.21% Return on Equity31.05% Return on Assets3.89% Debt Debt-to-Equity Ratio1.66 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$2.55 billion Price / Sales3.00 Cash Flow$18.94 per share Price / Cash Flow9.84 Book Value$43.41 per share Price / Book4.29Miscellaneous Outstanding Shares41,080,000Free Float41,440,000Market Cap$7.66 billion OptionableOptionable Beta1.54 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMs. Melissa D. Smith (Age 55)Chairman of the Board, President & CEO Comp: $2.79MMr. Jagtar Narula (Age 53)Chief Financial Officer Comp: $1.27MMr. Sachin Dhawan (Age 49)Chief Technology Officer Comp: $455.29kMr. Joel Alan Dearborn Jr. (Age 45)Chief Strategy Officer Comp: $1.05MMr. Robert Joseph Deshaies (Age 58)Chief Operating Officer of Americas Comp: $1.3MMs. Jennifer Kimball (Age 49)Chief Accounting Officer Comp: $883.64kMr. Steven Alan Elder (Age 55)Senior Vice President of Global Investor Relations Comp: $450.39kMs. Hilary Ann Rapkin Esq. (Age 57)Chief Legal Officer & Secretary Comp: $530.49kMs. Ann Elena Drew J.D. (Age 53)Chief Risk & Compliance Officer Ms. Melanie J. Tinto (Age 52)Chief Human Resources Officer Comp: $933.32kMore ExecutivesKey CompetitorsGlobal PaymentsNYSE:GPNBroadridge Financial SolutionsNYSE:BRJack Henry & AssociatesNASDAQ:JKHYGenpactNYSE:GExlServiceNASDAQ:EXLSView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 2,241 shares on 9/5/2024Ownership: 0.005%Maven Securities LTDBought 15,000 shares on 8/29/2024Ownership: 0.037%Dana Investment Advisors Inc.Sold 388 shares on 8/27/2024Ownership: 0.073%Teachers Retirement System of The State of KentuckySold 316 shares on 8/26/2024Ownership: 0.055%Cetera Investment AdvisersBought 585 shares on 8/22/2024Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions WEX Stock Analysis - Frequently Asked Questions How have WEX shares performed this year? WEX's stock was trading at $194.55 at the beginning of 2024. Since then, WEX shares have decreased by 4.2% and is now trading at $186.35. View the best growth stocks for 2024 here. How were WEX's earnings last quarter? WEX Inc. (NYSE:WEX) released its quarterly earnings data on Thursday, July, 25th. The business services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.20 by $0.09. The business services provider earned $673.50 million during the quarter, compared to the consensus estimate of $677.44 million. WEX had a net margin of 9.32% and a trailing twelve-month return on equity of 31.05%. What is Melissa Smith's approval rating as WEX's CEO? 116 employees have rated WEX Chief Executive Officer Melissa Smith on Glassdoor.com. Melissa Smith has an approval rating of 95% among the company's employees. This puts Melissa Smith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does WEX have any subsidiaries? WEX subsidiaries include these companies: Benefit Express, eNett, Optal, Go Fuel Card, Discovery Benefits, Pavestone Capital, Noventis, and others. Who are WEX's major shareholders? WEX's top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (2.18%), Dimensional Fund Advisors LP (1.21%), Primecap Management Co. CA (1.01%) and Federated Hermes Inc. (0.98%). 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, Jagtar Narula, David G Cooper, Ann Elena Drew, Stephen Montgomery Smith, Jennifer Kimball, Sara Trickett and Carlos Carriedo. 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. Compare Top Brokerages Here. 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), ServiceNow (NOW), PayPal (PYPL), Mastercard (MA), Shopify (SHOP), CrowdStrike (CRWD) and Block (SQ). This page (NYSE:WEX) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! 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