WEX (NYSE:WEX – Get Free Report) is set to announce its earnings results before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $3.82 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
WEX (NYSE:WEX – Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The business services provider reported $3.29 earnings per share for the quarter, beating the consensus estimate of $3.20 by $0.09. WEX had a net margin of 9.32% and a return on equity of 31.05%. The company had revenue of $673.50 million for the quarter, compared to analyst estimates 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 0.2 %
WEX stock opened at $213.37 on Thursday. The company’s 50-day moving average price is $194.86 and its two-hundred day moving average price is $195.89. 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 has a market cap of $8.77 billion, a P/E ratio of 36.92, a P/E/G ratio of 1.28 and a beta of 1.55. WEX has a twelve month low of $161.95 and a twelve month high of $244.04.
Analyst Ratings Changes
Insider Buying and Selling at WEX
In other WEX news, COO Robert Joseph Deshaies sold 1,651 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $181.67, for a total value of $299,937.17. Following the completion of the transaction, the chief operating officer now owns 7,757 shares in the company, valued at $1,409,214.19. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other WEX news, COO Robert Joseph Deshaies sold 1,651 shares of the business’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $181.67, for a total value of $299,937.17. Following the sale, the chief operating officer now directly owns 7,757 shares in the company, valued at $1,409,214.19. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ann Elena Drew sold 1,182 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $172.73, for a total value of $204,166.86. Following the completion of the sale, the insider now owns 5,584 shares in the company, valued at $964,524.32. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,905 shares of company stock worth $895,107. Insiders own 1.10% of the company’s stock.
WEX Company Profile
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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