WEX Inc (WEX-N)
NYSE:WEX
156.34
1.61
(1.04%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
WEX Inc, identified by the ticker symbol WEX-N, is currently experiencing a level of volatility, as indicated by its recent performance, which has seen a slight decline of 1% despite being recognized as a top pick in the market. Experts express optimism about the company's growth prospects, particularly given the rise in gas prices and the inherent demand for their platform tailored to the trucking industry. This platform offers functionalities such as monitoring oil levels and locating gas stations, which are essential for fleet management and can be seen as crucial in today's economic climate. As the company continues to expand its services and adapt to market demands, analysts encourage investors to remain patient, suggesting that the current dip in stock performance may not reflect the company's long-term potential. Overall, there is a sense of confidence regarding WEX's future, marking it as a stock to keep an eye on.
In his US small-cap portfolio. Payment platform. Tracking technology for transportation industries, eliminating time sheets and fuel receipts. Trades with oil prices.
Wex inc. (nyse: wex) is a leading global provider of corporate payment solutions that enable its customers to manage their businesses more efficiently, with enhanced security and greater control over their costs. from its roots in fleet card payments beginning in 1983, wex has expanded its scope to become a multi-channel provider of corporate payment solutions with millions of cardholders across several growing market sectors including travel, health care and employee benefits. our focus is on providing exceptional payment security and control for a vast spectrum of payment sectors while delivering an exceptional experience so that our customers – whether large or small – can operate efficiently, securely and profitably. the company has operations in north and south america, europe, australia, new zealand, and asia, and employs more than 2,000 associates. for more information about wex, please visit www.wexinc.com.
WEX offers fleet payments/fuel solutions as well as B2B payment services. It looks cheap at 13X forward earnings and typically grows in the double-digit range on the top and bottom lines. Fundamentally it is a strong company with good and consistent margins. Debt is largely covered by cash and investments. We don't see a whole lot to pick on here.
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Software for fleet management, which is about 60% of its business. Controls the spend and the analytics of trucking. Adds efficiency and control to businesses. Growing organically 14-16% annually, yet trades at 13x earnings. Not well known, hidden in the weeds, take advantage now. No dividend.
(Analysts’ price target is $213.23)(A Top Pick Jan 11/12. Up 38.84%.) Payment processing company for large fleets such as trucking fleets, government car fleets.
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WEX Inc(WEX-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
WEX Inc(WEX-N) Frequently Asked Questions
What is WEX Inc stock symbol?
WEX Inc is a American stock, trading under the symbol WEX-N on the New York Stock Exchange (WEX). It is usually referred to as NYSE:WEX or WEX-N
Is WEX Inc a buy or a sell?
In the last year, 2 stock analysts published opinions about WEX-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for WEX Inc.
Is WEX Inc a good investment or a top pick?
WEX Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for WEX Inc.
Why is WEX Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is WEX Inc worth watching?
2 stock analysts on Stockchase covered WEX Inc In the last year. It is a trending stock that is worth watching.
What is WEX Inc stock price?
On 2025-03-20, WEX Inc (WEX-N) stock closed at a price of $156.34.
Surprised it hasn't done well, because gas prices are up. WEX provides a platform for trucking (i.e. checking oil levels, locating gas stations). Is growing well, so prospects are good. Be patient.