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WEX (WEX) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

16 February 2005

Indexes:

Not included

Description:

WEX Inc. is an American corporation based in South Portland, Maine, working in the field of business payment processing and information management solutions, as well as virtual payment solutions and programs that help companies in a wide range of industries. The company was founded in 1983 as a provider of cards for parking lots. Currently, the company operates in three business segments: Parking solutions. Within this segment, WEX Inc. offers services for processing payments for public transportation, specially designed programs for large parking lots, government parking lots, ground carriers, and small businesses. Travel and corporate client solutions include innovative capabilities for corporate purchasing and payments. Healthcare and employee benefits solutions.

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Feb 08, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

17 Dec '24 Barclays
Equal-Weight
28 Oct '24 Wolfe Research
Peer Perform
25 Oct '24 Wells Fargo
Equal-Weight
25 Oct '24 Baird
Outperform
21 Oct '24 Wells Fargo
Equal-Weight
16 Oct '24 Jefferies
Hold
15 Oct '24 B of A Securities
Buy
20 Aug '24 JP Morgan
Neutral
26 July '24 Wells Fargo
Equal-Weight
12 July '24 JP Morgan
Neutral

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Institutional Ownership

WEX Announces Partnership with Qmerit for Commercial Fleets, EV Charger Installation at Drivers' Homes
WEX Announces Partnership with Qmerit for Commercial Fleets, EV Charger Installation at Drivers' Homes
WEX Announces Partnership with Qmerit for Commercial Fleets, EV Charger Installation at Drivers' Homes
WEX
businesswire.com05 December 2024

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a global platform that makes business operations easier, has announced a new partnership with Qmerit, a company that installs EV chargers. This collaboration aims to simplify the installation of EV chargers for commercial fleet drivers at their homes. Qmerit will offer complete installation and integration services using its network of over 23,000 licensed electricians across the country.

WEX to Present at UBS Global Technology and AI Conference
WEX to Present at UBS Global Technology and AI Conference
WEX to Present at UBS Global Technology and AI Conference
WEX
businesswire.com26 November 2024

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), a global platform that makes business operations easier, has announced that its Chair and CEO, Melissa Smith, will speak at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024, around 12:50 PM ET. You can watch the presentation live on the Investor Relations page of the company's website, http://ir.wexinc.com, or through the provided link.

WEX Stock Price Decreases 5% Post Q3 Earnings & Revenues Miss
WEX Stock Price Decreases 5% Post Q3 Earnings & Revenues Miss
WEX Stock Price Decreases 5% Post Q3 Earnings & Revenues Miss
WEX
zacks.com01 November 2024

In the third quarter of 2024, WEX saw an increase in revenue from its Mobility and Benefit divisions.

Here's Why Wex Stock Plunged Today
Here's Why Wex Stock Plunged Today
Here's Why Wex Stock Plunged Today
WEX
fool.com24 October 2024

Gas prices have dropped unexpectedly, which is negatively affecting revenue.

Wex (WEX) Lags Q3 Earnings and Revenue Estimates
Wex (WEX) Lags Q3 Earnings and Revenue Estimates
Wex (WEX) Lags Q3 Earnings and Revenue Estimates
WEX
zacks.com24 October 2024

Wex (WEX) reported quarterly earnings of $4.35 per share, which is lower than the Zacks Consensus Estimate of $4.42 per share. This is an increase compared to earnings of $4.05 per share from the same period last year.

WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
WEX
pymnts.com24 October 2024

The current business environment is marked by both strength and weakness. These two ideas were key topics during WEX Inc.'s earnings call for the third quarter of 2024 on Thursday, October 24.

Wex (WEX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Wex (WEX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Wex (WEX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
WEX
zacks.com24 October 2024

While the revenue and earnings per share (EPS) for Wex (WEX) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Why Wex (WEX) is a Top Momentum Stock for the Long-Term
Why Wex (WEX) is a Top Momentum Stock for the Long-Term
Why Wex (WEX) is a Top Momentum Stock for the Long-Term
WEX
zacks.com17 October 2024

The Zacks Style Scores help investors quickly identify highly-rated stocks that match their investment preferences. Here are some reasons why you should make use of this tool.

WEX Extends Fuel Discounts to Independent Truckers, Grows Offerings with Launch of 10-4 by WEX
WEX Extends Fuel Discounts to Independent Truckers, Grows Offerings with Launch of 10-4 by WEX
WEX Extends Fuel Discounts to Independent Truckers, Grows Offerings with Launch of 10-4 by WEX
WEX
businesswire.com04 October 2024

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a global commerce platform that makes business operations easier, has launched 10-4 by WEX, a free mobile app for independent truckers and small trucking companies in the U.S. This app offers fuel discounts usually available only to larger trucking firms, helping to broaden WEX's market reach in its Mobility segment by catering to individual truck owners.

Here's Why You Should Retain WEX Stock in Your Portfolio
Here's Why You Should Retain WEX Stock in Your Portfolio
Here's Why You Should Retain WEX Stock in Your Portfolio
WEX
zacks.com03 October 2024

WEX is a leader in the market, with various sources of income and chances for growth in international markets.

FAQ

  • What is the primary business of WEX?
  • What is the ticker symbol for WEX?
  • Does WEX pay dividends?
  • What sector is WEX in?
  • What industry is WEX in?
  • What country is WEX based in?
  • When did WEX go public?
  • Is WEX in the S&P 500?
  • Is WEX in the NASDAQ 100?
  • Is WEX in the Dow Jones?
  • When was WEX's last earnings report?
  • When does WEX report earnings?
  • Should I buy WEX stock now?

What is the primary business of WEX?

WEX Inc. is an American corporation based in South Portland, Maine, working in the field of business payment processing and information management solutions, as well as virtual payment solutions and programs that help companies in a wide range of industries. The company was founded in 1983 as a provider of cards for parking lots. Currently, the company operates in three business segments: Parking solutions. Within this segment, WEX Inc. offers services for processing payments for public transportation, specially designed programs for large parking lots, government parking lots, ground carriers, and small businesses. Travel and corporate client solutions include innovative capabilities for corporate purchasing and payments. Healthcare and employee benefits solutions.

What is the ticker symbol for WEX?

The ticker symbol for WEX is NYSE:WEX

Does WEX pay dividends?

No, WEX does not pay dividends

What sector is WEX in?

WEX is in the Technology sector

What industry is WEX in?

WEX is in the Software Infrastructure industry

What country is WEX based in?

WEX is headquartered in United States

When did WEX go public?

WEX's initial public offering (IPO) was on 16 February 2005

Is WEX in the S&P 500?

No, WEX is not included in the S&P 500 index

Is WEX in the NASDAQ 100?

No, WEX is not included in the NASDAQ 100 index

Is WEX in the Dow Jones?

No, WEX is not included in the Dow Jones index

When was WEX's last earnings report?

WEX's most recent earnings report was on 24 October 2024

When does WEX report earnings?

The next expected earnings date for WEX is 7 February 2025

Should I buy WEX stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions