WEX
About: WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
Employees: 6,500
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
4,211% more call options, than puts
Call options by funds: $91.4M | Put options by funds: $2.12M
12% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 58
0% less funds holding
Funds holding: 428 [Q3] → 426 (-2) [Q4]
3.32% less ownership
Funds ownership: 104.87% [Q3] → 101.55% (-3.32%) [Q4]
20% less capital invested
Capital invested by funds: $8.94B [Q3] → $7.11B (-$1.83B) [Q4]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]
31% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 171
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$155
0%
upside
Avg. target
$177
14%
upside
High target
$200
29%
upside
7 analyst ratings
2 positive
29%
5 neutral
71%
0 negative
0%
Mizuho Dan Dolev 59% 1-year accuracy 22 / 37 met price target | 10%upside $170 | Outperform Maintained | 10 Feb 2025 |
Barclays Ramsey El-Assal 44% 1-year accuracy 27 / 62 met price target | 0%upside $155 | Equal-Weight Maintained | 10 Feb 2025 |
Keefe, Bruyette & Woods Sanjay Sakhrani 42% 1-year accuracy 16 / 38 met price target | 29%upside $200 | Outperform Maintained | 7 Feb 2025 |
UBS Nik Cremo 100% 1-year accuracy 1 / 1 met price target | 11%upside $172 | Neutral Maintained | 7 Feb 2025 |
Wells Fargo Andrew Bauch 37% 1-year accuracy 14 / 38 met price target | 3%upside $160 | Equal-Weight Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 8 articles about WEX published over the past 30 days
Positive
Zacks Investment Research
6 days ago
Here's Why You Should Retain WEX Stock in Your Portfolio Now
WEX has a strong market leadership, diversified revenue streams and growth opportunities in global markets.
Neutral
PRNewsWire
1 week ago
Reclaim Health Integrates AI-powered Healthcare Financial Management into WEX's Benefits Administration Solution
Integration will empower employers and employees to make confident benefit decisions through AI-powered claims data and analytics BOSTON , March 11, 2025 /PRNewswire/ -- Reclaim Health, a leader in AI-powered, claims-driven healthcare financial advocacy, and WEX (NYSE: WEX), a leader in benefits administration technology, announce a new integration that intends to transform the health and benefits landscape for employers and their employees. This collaboration aligns with Reclaim Health's mission to empower employees and their families in managing their healthcare dollars and optimizing their health coverage.
Neutral
Business Wire
1 week ago
WEX to Host Investor Community Call with Baird on March 14, 2025
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will host a conference call moderated by David Koning of Baird on Friday, March 14, 2025, at 9:00 a.m. ET. There will be an opportunity for investors to ask questions of management. A webcast of the presentation will be available live on the Investor Relations section of the Company's w.
Positive
Zacks Investment Research
1 week ago
Wex (WEX) Up 1.5% Since Last Earnings Report: Can It Continue?
Wex (WEX) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
2 weeks ago
WEX Announces Pricing and Upsizing of $550 Million Senior Unsecured Notes Offering
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX) (the “Company”), the global commerce platform that simplifies the business of running a business, today announced that it had priced and upsized its previously announced offering (the “Offering”) of $550 million in aggregate principal amount of its new 6.500% senior unsecured notes due 2033 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). This represent.
Neutral
Business Wire
3 weeks ago
WEX Announces Proposed $500 Million Senior Unsecured Notes Offering
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it has commenced an offering (the “Offering”) of $500 million in aggregate principal amount of new senior unsecured notes due 2033 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by each of the.
Neutral
Business Wire
3 weeks ago
WEX Announces Intention to Launch Modified Dutch Auction Tender Offer
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced its current intention to launch a “modified Dutch auction” tender offer to purchase up to $750 million worth of common stock, par value $0.01 per share (“Common Stock”) at a cash purchase price of not less than $148 per share nor greater than $170 per share (the “Purchase Price”). WEX currently expects to consummate one or more debt financings,.
Neutral
Business Wire
3 weeks ago
WEX to Host Investor Community Call with KBW on February 28, 2025
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, and Chief Financial Officer, Jagtar Narula, will host a conference call moderated by Sanjay Sakhrani of Keefe, Bruyette & Woods, Inc. (KBW) on Friday, February 28, 2025, at 11:00 a.m. ET. There will be an opportunity for investors to ask questions of the management team. A webcast o.
Neutral
Zacks Investment Research
1 month ago
WEX Stock Rises 17% Since Q4 Earnings & Revenues Beat Estimates
WEX's fourth-quarter 2024 earnings and revenues decline year over year.
Neutral
Seeking Alpha
1 month ago
WEX Inc. (WEX) Q4 2024 Earnings Call Transcript
WEX Inc. (NYSE:WEX ) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Steve Elder - Senior Vice President, Investor Relations Melissa Smith - Chair & Chief Executive Officer Jagtar Narula - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Dan Dolev - Mizuho Dave Koning - Baird Andrew Jeffrey - William Blair John Davis - Raymond James Ramsey El-Assal - Barclays Tien-Tsin Huang - JPMorgan Andrew Bauch - Wells Fargo Daniel Krebs - Wolfe Research Operator Hello, and welcome to the WEX Fourth Quarter and Full Year 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.
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