WEX Inc. (WEX)

NYSE: WEX · IEX Real-Time Price · USD
153.40
4.10 (2.75%)
Jan 28, 2022 1:44 PM EST - Market open
Market Cap6.88B
Revenue (ttm)1.75B
Net Income (ttm)-222.30M
Shares Out44.82M
EPS (ttm)-4.99
PE Ration/a
Forward PE12.72
Dividendn/a
Ex-Dividend Daten/a
Volume151,812
Open149.00
Previous Close149.30
Day's Range149.00 - 153.97
52-Week Range123.01 - 234.64
Beta1.85
AnalystsBuy
Price Target191.50 (+24.8%)
Earnings DateFeb 10, 2022

About WEX

WEX Inc. provides financial technology services in North America, the Asia Pacific, and Europe. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; premium fleet services; credit and collections services; merchant services; analytics solution...

IndustryIT Services
IPO DateFeb 16, 2005
CEOMelissa Smith
Employees5,400
Stock ExchangeNYSE
Ticker SymbolWEX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for WEX Inc. stock is "Buy." The 12-month stock price forecast is 191.50, which is an increase of 24.84% from the latest price.

Price Target
$191.50
(24.84% upside)
Analyst Consensus: Buy

News

WEX, Bestpass Make Tolling Easier for Over-the-Road Customers

PORTLAND, Maine--(BUSINESS WIRE)--WEX Fleet Tolls powered by Bestpass enables WEX's OTR customers to pay with their existing WEX card instead of pre-paying into tolling accounts.

2 days ago - Business Wire

Wall Street Analysts See a 34% Upside in Wex (WEX): Can the Stock Really Move This High?

The consensus price target hints at a 33.9% upside potential for Wex (WEX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisio...

2 weeks ago - Zacks Investment Research

WEX Lifts Q4, FY21 Outlook; CFO Roberto Simon Steps Down

Roberto Simon stepped down as the CFO of WEX Inc (NYSE: WEX) effective December 31, 2021, to pursue another opportunity. The company has appointed its Chief Accounting Officer Jennifer Kimball also as i...

3 weeks ago - Benzinga

WEX stock rallies after profit and revenue outlook raised, while CFO has stepped down

Shares of WEX Inc. WEX, +2.29% rallied 3.1% in premarket trading Tuesday, after the financial technology service provider raised its fourth-quarter profit and revenue outlook, while announcing that Chie...

3 weeks ago - Market Watch

WEX Announces CFO Transition and Raises Fourth Quarter and Full Year 2021 Guidance

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a leading financial technology service provider, today announced that Roberto Simon stepped down as the Company's Chief Financial Officer (CFO), effect...

3 weeks ago - Business Wire

Here's Why You Should Retain WEX Stock in Your Portfolio

WEX is benefiting from favorable customer spending patterns that continue to rebound from the pandemic blues.

4 weeks ago - Zacks Investment Research

WEX Hires New Talents to Its Global Executive Leadership Team

WEX (WEX) welcomes Karen Stroup and Carlos Carriedo to the positions of chief digital officer and chief operating officer, International, respectively.

1 month ago - Zacks Investment Research

Wex Adds 2 Execs in Global Digital Push

WEX, a FinTech service provider, announced in a press release that it has added two new executives to its leadership team: Chief Digital Officer Karen Stroup and Chief Operating Officer International Ca...

1 month ago - PYMNTS

WEX Expands Global Executive Leadership Team with Two Appointments in Newly Created Roles

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a leading financial technology service provider, today announced two new additions to its global executive leadership team: Karen Stroup as Chief Digit...

1 month ago - Business Wire

3 of the Cheapest Stocks I Own

There's way more to love about these long-term buying opportunities.

Other symbols:IRBTURI
1 month ago - The Motley Fool

WEX Banks on Buyouts and Product Excellence, Debt Woes Stay

WEX continues to acquire and invest in companies, both in the United States as well as internationally, to expand its product and service offerings.

1 month ago - Zacks Investment Research

Wex's Stock Down 28% In The Last Month, What Is The Likelihood Of Rise?

Wex stock (NYSE: WEX), declined by 28% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 1.1% over the same period.

1 month ago - Forbes

WEX Inc. to Present at Citi's 2021 Financial Technology Virtual Conference

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE:WEX), a leading financial technology service provider, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the Cit...

2 months ago - Business Wire

Why Wex Stock Crashed and Burned Today

It's kind of a mystery -- and maybe a buying opportunity.

2 months ago - The Motley Fool

WEX's Q3 Earnings and Revenues Surpass Estimates, Increase Y/Y

WEX's third-quarter 2021 revenues benefit from segmental strength.

3 months ago - Zacks Investment Research

Wex (WEX) Q3 Earnings and Revenues Beat Estimates

Wex (WEX) delivered earnings and revenue surprises of 6.99% and 1.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

WEX Inc. Reports Third Quarter 2021 Financial Results

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), a leading financial technology service provider, today reported financial results for the three months ended September 30, 2021. “We delivered imp...

3 months ago - Business Wire

WEX Announces Executive Leadership Team Changes

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a leading financial technology service provider, today announced a reorganization of its Executive Leadership Team to better serve its customers with s...

3 months ago - Business Wire

Wex (WEX) Reports Next Week: Wall Street Expects Earnings Growth

Wex (WEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Stampli Announces New Corporate Card To Stop Shadow Spend

MOUNTAIN VIEW, Calif., Oct. 20, 2021 /PRNewswire/ -- B2B Fintech Stampli , a leader in Accounts Payable (AP) automation, announced the launch of its new corporate card, the Stampli Card , an extension o...

3 months ago - PRNewsWire

WEX Inc. to Release Third Quarter 2021 Financial Results on October 28, 2021

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), a leading financial technology service provider, today announced it will report third quarter 2021 financial results before the market opens on Th...

3 months ago - Business Wire

Higher Fuel Prices Benefit Wex, BofA Says In Upgrade

While all of WEX Inc's (NYSE:WEX) businesses are well-positioned for near-term tailwinds, its stock is currently trading at a discount to historical levels and appears attractive, according to BofA Secu...

3 months ago - Benzinga

Element Fleet Management collaborates with industry leaders ChargePoint and WEX to provide access to nationwide EV ch...

This solution will simplify the experience of managing mixed fleets as clients gradually transition from ICE to EV This solution will simplify the experience of managing mixed fleets as clients graduall...

3 months ago - GlobeNewsWire

Here's Why You Should Retain WEX Stock in Your Portfolio Now

Organic and inorganic revenue generation efforts boost WEX stock. However, weakness in the balance sheet is a concern.

3 months ago - Zacks Investment Research

WEX Announces HSA Day 2021, Partners with HR and Personal Finance Influencers

PORTLAND, Maine--(BUSINESS WIRE)--WEX announces its plans for its third annual National Health Savings Account Awareness Day 2021, also known as HSA Day, on October 15, 2021.

4 months ago - Business Wire