This summary was created by AI, based on 3 opinions in the last 12 months.
WEX Inc is a leading global provider of corporate payment solutions, with a focus on exceptional payment security and control for various payment sectors. The company has expanded its scope to become a multi-channel provider of corporate payment solutions with millions of cardholders across several growing market sectors. Its operations span across North and South America, Europe, Australia, New Zealand, and Asia, and it employs over 2,000 associates. WEX provides a platform for trucking and offers payment and tracking technology for transportation industries, contributing to its growth prospects. Despite recent underperformance, experts believe in its long-term potential and advise patience for potential gains.
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 2024-12-06, WEX Inc (WEX-N) stock closed at a price of $183.01.
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.