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NYSE:WEX

WEX (WEX) Stock Price, News & Analysis

WEX logo
$130.02 +3.52 (+2.78%)
As of 04/24/2025 03:59 PM Eastern

About WEX Stock (NYSE:WEX)

Key Stats

Today's Range
$125.55
$130.35
50-Day Range
$113.54
$161.99
52-Week Range
$110.45
$221.64
Volume
420,925 shs
Average Volume
550,603 shs
Market Capitalization
$4.45 billion
P/E Ratio
17.34
Dividend Yield
N/A
Price Target
$185.80
Consensus Rating
Hold

Company Overview

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.

WEX Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
88th Percentile Overall Score

WEX MarketRank™: 

WEX scored higher than 88% of companies evaluated by MarketBeat, and ranked 31st out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    WEX has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 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.

  • Read more about WEX's stock forecast and price target.
  • 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 17.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of WEX is 17.34, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 30.57.

  • Price to Earnings Growth Ratio

    WEX has a PEG Ratio of 2.06. 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 3.47. 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.
  • Percentage of Shares Shorted

    13.36% 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 5.3.
  • Change versus previous month

    Short interest in WEX has recently increased by 163.08%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    WEX does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    13.36% 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 5.3.
  • Change versus previous month

    Short interest in WEX has recently increased by 163.08%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    WEX has a news sentiment score of 1.18. 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 higher news sentiment than the 0.76 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for WEX this week, compared to 10 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, WEX insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.10% 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.

  • Read more about WEX's insider trading history.
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WEX Stock News Headlines

WEX Signs 10-Year Extension with Enterprise Fleet Management
Warning: “DOGE Collapse” imminent
Elon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week, President Trump promised to buy a Tesla to help support Musk in the face of a boycott against his company. But according to one research group, with connections to the Pentagon and the U.S. government, Elon's preparing to strike back in a much bigger way in the days ahead.
WEX (WEX) Receives a Hold from Barclays
See More Headlines

WEX Stock Analysis - Frequently Asked Questions

WEX's stock was trading at $175.32 at the beginning of 2025. Since then, WEX stock has decreased by 25.8% and is now trading at $130.02.
View the best growth stocks for 2025 here
.

WEX Inc. (NYSE:WEX) posted its quarterly earnings results on Wednesday, February, 5th. The business services provider reported $3.13 EPS for the quarter, topping the consensus estimate of $2.97 by $0.16. WEX had a net margin of 11.78% and a trailing twelve-month return on equity of 32.35%.
Read the conference call transcript
.

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

Top institutional shareholders of WEX include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (2.32%), Rhumbline Advisers (0.30%), Retirement Systems of Alabama (0.20%) and GAMMA Investing LLC (0.18%). 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
.

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.

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
2/05/2025
Today
4/24/2025
Next Earnings (Estimated)
4/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NYSE:WEX
Previous Symbol
NYSE:WXS
Employees
5,600
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$185.80
High Stock Price Target
$255.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+42.9%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Trailing P/E Ratio
17.34
Forward P/E Ratio
9.23
P/E Growth
2.06
Net Income
$309.60 million
Pretax Margin
15.90%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$15.61 per share
Price / Cash Flow
8.33
Book Value
$37.42 per share
Price / Book
3.47

Miscellaneous

Free Float
39,345,000
Market Cap
$4.45 billion
Optionable
Optionable
Beta
1.33

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This page (NYSE:WEX) was last updated on 4/25/2025 by MarketBeat.com Staff
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