This summary was created by AI, based on 4 opinions in the last 12 months.
WEX Inc (WEX-N) is a leading provider of corporate payment solutions, with a strong focus on payment security and control across various sectors. The company's operations span across multiple continents and it employs over 2,000 associates. WEX offers fleet payments/fuel solutions and B2B payment services, and its software for fleet management contributes to about 60% of its business, delivering efficiency and control to businesses. Despite being relatively unknown, it is considered a strong company with good and consistent margins. The stock is currently trading at 13x earnings and is seen as a growth opportunity at a reasonable valuation according to experts.
In his US small-cap portfolio. Payment platform. Tracking technology for transportation industries, eliminating time sheets and fuel receipts. Trades with oil prices.
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.
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
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.
WEX Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for WEX Inc.
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.
2 stock analysts on Stockchase covered WEX Inc In the last year. It is a trending stock that is worth watching.
On 2024-08-30, WEX Inc (WEX-N) stock closed at a price of $191.02.
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.