WEX (WEX)
(Delayed Data from NYSE)
$180.43 USD
+2.86 (1.61%)
Updated Dec 8, 2023 04:00 PM ET
After-Market: $180.46 +0.03 (0.02%) 7:58 PM ET
3-Hold of 5 3
B Value A Growth A Momentum A VGM
Company Summary
Headquartered in South Portland, ME, WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare.
Founded in 1983, the company has expanded its scope of business from a fleet payment provider into a multi-channel provider of corporate payment solutions. Currently, WEX operates through three business segments: Mobility, Corporate Payments, and Benefits.
Mobility (61% of total revenues in 2022) offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets. The segment generates revenues from payment ...
Company Summary
Headquartered in South Portland, ME, WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare.
Founded in 1983, the company has expanded its scope of business from a fleet payment provider into a multi-channel provider of corporate payment solutions. Currently, WEX operates through three business segments: Mobility, Corporate Payments, and Benefits.
Mobility (61% of total revenues in 2022) offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets. The segment generates revenues from payment processing, account servicing and financing fees. Management believes that WEX fleet cards are accepted in more than 90% of fuel locations in the United States and Australia. Following the acquisition of European Fleet business in December 2014, WEX fleet cards are accepted at all ExxonMobil stations throughout Europe.
Corporate Payments (17%) targets the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. The segment also offers payment solutions for payables and travel expenses. It mainly generates revenues from the online travel market and operates in North America, South America, Europe and Asia-Pacific.
Benefits (22%) offers healthcare payment products and software-as-a-service (SaaS) consumer directed platforms for healthcare market, as well as payroll related and employee benefits to customers in Brazil.
The company’s U.S. operations include WEX Inc. and its wholly-owned subsidiaries WEX Bank, WEX FleetOne, EFS and WEX Health. International operations include its wholly-owned operations, WEX Fuel Cards Australia, WEX Prepaid Cards Australia, WEX Canada, WEX New Zealand, WEX Asia, WEX Europe Limited, UNIK S.A. (referred as "WEX Latin America") and a controlling interest in WEX Europe Services Limited and its subsidiaries.
General Information
WEX Inc
1 Hancock Street
SOUTH PORTLAND, ME 04101
Phone: 207-773-8171
Fax: 207-828-5181
Email: steve.elder@wexinc.com
Industry | Financial Transaction Services |
Sector | Business Services |
Fiscal Year End | December |
Last Reported Quarter | 9/30/2023 |
Exp Earnings Date | 2/8/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 3.72 |
Current Year EPS Consensus Estimate | 14.72 |
Estimated Long-Term EPS Growth Rate | 10.50 |
Exp Earnings Date | 2/8/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 177.57 |
52 Week High | 204.06 |
52 Week Low | 157.04 |
Beta | 1.57 |
20 Day Moving Average | 285,807.75 |
Target Price Consensus | 214.08 |
4 Week | 5.12 |
12 Week | -10.29 |
YTD | 10.25 |
4 Week | 0.80 |
12 Week | -13.29 |
YTD | -8.06 |
Shares Outstanding (millions) | 42.74 |
Market Capitalization (millions) | 7,711.10 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 12.25 |
Trailing 12 Months | 12.50 |
PEG Ratio | 1.17 |
vs. Previous Year | 14.29% |
vs. Previous Quarter | 12.42% |
vs. Previous Year | 5.72% |
vs. Previous Quarter | 4.84% |
Price/Book | 4.55 |
Price/Cash Flow | 9.83 |
Price / Sales | 3.08 |
9/30/23 | 32.16 |
6/30/23 | 31.60 |
3/31/23 | 32.29 |
9/30/23 | 4.24 |
6/30/23 | 4.29 |
3/31/23 | 4.51 |
9/30/23 | 1.03 |
6/30/23 | 1.04 |
3/31/23 | 1.07 |
9/30/23 | 1.03 |
6/30/23 | 1.04 |
3/31/23 | 1.07 |
9/30/23 | 21.79 |
6/30/23 | 21.51 |
3/31/23 | 22.34 |
9/30/23 | 10.80 |
6/30/23 | 8.42 |
3/31/23 | 6.00 |
9/30/23 | 15.37 |
6/30/23 | 12.04 |
3/31/23 | 9.32 |
9/30/23 | 39.69 |
6/30/23 | 41.18 |
3/31/23 | 38.99 |
9/30/23 | NA |
6/30/23 | NA |
3/31/23 | NA |
9/30/23 | 1.56 |
6/30/23 | 1.41 |
3/31/23 | 1.58 |
9/30/23 | 60.97 |
6/30/23 | 58.56 |
3/31/23 | 61.17 |