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WEX Inc. (WEX)

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173.16 -5.60 (-3.13%)
At close: October 29 at 4:00 PM EDT
174.29 +1.13 (+0.65%)
Pre-Market: 8:54 AM EDT
Loading Chart for WEX
DELL
  • Previous Close 178.76
  • Open 176.97
  • Bid --
  • Ask 176.49 x 800
  • Day's Range 173.16 - 178.80
  • 52 Week Range 165.51 - 244.04
  • Volume 382,770
  • Avg. Volume 398,281
  • Market Cap (intraday) 6.889B
  • Beta (5Y Monthly) 1.55
  • PE Ratio (TTM) 22.03
  • EPS (TTM) 7.86
  • Earnings Date Oct 24, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 214.70

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.

www.wexinc.com

7,200

Full Time Employees

December 31

Fiscal Year Ends

Recent News: WEX

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Performance Overview: WEX

Trailing total returns as of 10/29/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

WEX
10.99%
S&P 500
22.29%

1-Year Return

WEX
6.02%
S&P 500
41.67%

3-Year Return

WEX
7.66%
S&P 500
26.90%

5-Year Return

WEX
15.64%
S&P 500
91.91%

Compare To: WEX

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Statistics: WEX

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Valuation Measures

Annual
As of 10/29/2024
  • Market Cap

    6.89B

  • Enterprise Value

    7.21B

  • Trailing P/E

    22.00

  • Forward P/E

    10.00

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    2.74

  • Price/Book (mrq)

    4.11

  • Enterprise Value/Revenue

    2.72

  • Enterprise Value/EBITDA

    7.33

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.45%

  • Return on Assets (ttm)

    3.16%

  • Return on Equity (ttm)

    19.60%

  • Revenue (ttm)

    2.66B

  • Net Income Avi to Common (ttm)

    330.6M

  • Diluted EPS (ttm)

    7.86

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.28B

  • Total Debt/Equity (mrq)

    272.95%

  • Levered Free Cash Flow (ttm)

    637.94M

Research Analysis: WEX

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 665.5M
Earnings 102.9M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

170.00
214.70 Average
173.16 Current
260.00 High
 

Company Insights: WEX

Research Reports: WEX

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  • Lowering target price to $222.00

    WEX INC has an Investment Rating of HOLD; a target price of $222.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $224.00

    WEX INC has an Investment Rating of HOLD; a target price of $224.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Lowering target price to $219.00

    WEX INC has an Investment Rating of HOLD; a target price of $219.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • What does Argus have to say about WEX?

    WEX INC has an Investment Rating of HOLD; a target price of $220.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     

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