WEX (NYSE:WEX – Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect WEX to post earnings of $3.82 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
WEX (NYSE:WEX – Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $3.20 by $0.09. WEX had a return on equity of 31.05% and a net margin of 9.32%. The firm had revenue of $673.50 million for the quarter, compared to analysts’ expectations of $677.44 million. On average, analysts expect WEX to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.
WEX Stock Down 1.7 %
NYSE:WEX opened at $212.90 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.66. The stock’s fifty day moving average is $198.16 and its two-hundred day moving average is $195.19. WEX has a 52 week low of $161.95 and a 52 week high of $244.04. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 36.83, a price-to-earnings-growth ratio of 1.22 and a beta of 1.55.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on WEX
Insider Activity at WEX
In related news, CFO Jagtar Narula sold 508 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of $200.00, for a total value of $101,600.00. Following the transaction, the chief financial officer now owns 7,120 shares of the company’s stock, valued at $1,424,000. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other WEX news, CFO Jagtar Narula sold 508 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $200.00, for a total transaction of $101,600.00. Following the transaction, the chief financial officer now owns 7,120 shares of the company’s stock, valued at approximately $1,424,000. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ann Elena Drew sold 1,182 shares of the firm’s stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $172.73, for a total value of $204,166.86. Following the transaction, the insider now directly owns 5,584 shares in the company, valued at approximately $964,524.32. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,905 shares of company stock valued at $895,107 over the last quarter. 1.10% of the stock is owned by insiders.
About WEX
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.
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