WEX (WEX) Stock Price, News & Analysis

Company Overview

WEX Inc is a global provider of corporate payment solutions and information management services. The company specializes in developing and managing payment processing platforms that help businesses control and streamline their spending across a variety of industries. WEX offers tailored solutions for fuel and fleet card programs, virtual card payments, lodging and travel expense management, and healthcare claims processing, enabling clients to reduce fraud, increase efficiency and gain real-time visibility into their transactions.

In its fleet and lodging segment, WEX issues proprietary fuel cards that grant access to thousands of fueling locations across North America and Europe, accompanied by detailed reporting and analytics tools. The travel and corporate segment delivers virtual card technology to simplify procurement, accounts payable and travel expenses, while its healthcare segment provides electronic payment solutions and data-driven insights to healthcare providers, insurers and administrators. These offerings are supported by secure, cloud-based technology that can be integrated with existing enterprise resource planning and accounting systems.

Founded in 1983 as Wright Express and headquartered in Portland, Maine, WEX has expanded through organic growth and strategic acquisitions to serve more than 10,000 customers in over 100 countries. The company completed its initial public offering in 2012 and has since established operations in key markets across North America, Europe, Asia-Pacific and Latin America. WEX’s global footprint and partnerships with major oil companies, financial institutions and travel suppliers underpin its ability to deliver scalable payment solutions to multinational corporations and mid-sized enterprises alike.

WEX is guided by an experienced board of directors and executive leadership team with deep expertise in payments, technology and financial services. The management team focuses on innovation through research and development, strategic alliances and disciplined capital deployment. This approach ensures that WEX continues to adapt its product portfolio to evolving regulatory requirements, emerging payment trends and the changing needs of its diverse client base.

Key Stats

• Today's Range: $150.59 to $153.43
• 50-Day Range: $121.19 to $151.52
• 52-Week Range: $110.45 to $217.47
• Volume: 210,668 shs
• Average Volume: 581,355 shs
• Market Capitalization: $5.18 billion
• P/E Ratio: 19.49
• Dividend Yield: N/A
• Price Target: $176.90
• Consensus Rating: Hold

WEX Stock Analysis - MarketRank™

WEX scored higher than 83% of companies evaluated by MarketBeat, and ranked 49th out of 300 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 2.23, and is based on 3 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

WEX has only been the subject of 4 research reports in the past 90 days.

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 19.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of WEX is 19.49, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.89.

Price to Earnings Growth Ratio

WEX has a PEG Ratio of 2.97. 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 4.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.22% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WEX has recently increased by 12.03%, indicating that investor sentiment is decreasing 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

5.22% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WEX has recently increased by 12.03%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

WEX has a news sentiment score of 0.36. 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 0.63 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for WEX this week, compared to 13 articles on an average week.

MarketBeat Follows

1 people have added WEX to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, WEX insiders have bought 172.86% more of their company's stock than they have sold. Specifically, they have bought $500,735.00 in company stock and sold $183,512.00 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 13.7% and is now trading at $151.23.

How were WEX's earnings last quarter?

WEX Inc. (NYSE:WEX) released 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% compared to the same quarter last year.
Read the conference call transcript.

Does WEX have any subsidiaries?

WEX subsidiaries include Benefit Express, eNett, Optal, Go Fuel Card, Discovery Benefits, Pavestone Capital, Noventis, and others.

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: 7/05/2025
• Next Earnings (Estimated): 7/24/2025
• 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 Stock Price Target: $176.90
• High Stock Price Target: $255.00
• Low Stock Price Target: $135.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.23
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.76
• Trailing P/E Ratio: 19.49
• Forward P/E Ratio: 10.73
• P/E Growth: 2.97
• Net Income: $309.60 million
• Net Margins: 12.07%
• Pretax Margin: 16.39%
• Return on Equity: 37.90%
• Return on Assets: 3.93%

Debt

• Debt-to-Equity Ratio: 5.06
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $2.63 billion
• Price / Sales: 1.97
• Cash Flow: $21.73 per share
• Price / Cash Flow: 6.96
• Book Value: $37.42 per share
• Price / Book: 4.04

Miscellaneous

• Outstanding Shares: 34,240,000
• Free Float: 33,766,000
• Market Cap: $5.18 billion
• Optionable: Optionable
• Beta: 1.23