WEX (WEX) Scheduled to Post Quarterly Earnings on Wednesday

WEX (NYSE:WEX) will be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $1.45 per share for the quarter.

Shares of WEX (NYSE WEX) opened at $138.59 on Wednesday. WEX has a twelve month low of $97.26 and a twelve month high of $156.85. The firm has a market capitalization of $5,815.15, a price-to-earnings ratio of 69.64, a P/E/G ratio of 1.45 and a beta of 1.91. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.20.

Several analysts recently weighed in on WEX shares. Oppenheimer increased their price target on WEX from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd. Morgan Stanley increased their price target on WEX from $113.00 to $123.00 and gave the company an “equal weight” rating in a report on Thursday, November 2nd. TheStreet upgraded WEX from a “c+” rating to a “b” rating in a report on Wednesday, November 1st. Wedbush restated an “outperform” rating on shares of WEX in a report on Friday, October 20th. Finally, Barclays increased their price target on WEX from $124.00 to $129.00 and gave the company an “equal weight” rating in a report on Thursday, November 2nd. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $141.23.

In other WEX news, insider Scott Robert Phillips sold 20,000 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $127.68, for a total value of $2,553,600.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 9.00% of the company’s stock.

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About WEX

WEX Inc is a provider of corporate payment solutions. The Company operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment provides customers with payment and transaction processing services designed for the needs of commercial and government fleets.

Earnings History for WEX (NYSE:WEX)

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