WEX Inc. with ticker code (WEX) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $262.00 and $180.00 suggesting an average Analsyt target price of $219.00. Now with the previous closing price of $198.57 this would imply there is now a potential upside of 10.3%. Also worth taking note is the 50 day moving average now sits at $180.70 while the 200 day moving average is $183.90. The total market capitalization for the company now stands at 8.45B. The stock price for the company is currently $197.81 USD
The potential market cap would be $9,323,410,731 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 32.01, revenue per share of $57.95 and a 3.12% return on assets.
WEX Inc. provides a commerce platform that owns and operates a business-to-business ecosystem. Its segments include Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. Its Fleet Solutions segment provides payment processing, transaction processing, and information management services specifically designed for the needs of fleets of all sizes from small businesses to federal and state government fleets and over-the-road carriers. Its Travel and Corporate Solutions segment focuses on the complex payment environment of business-to-business payments, enabling customers to utilize its payments solutions to integrate into their own workflows and manage their accounts payable automation and spend management functions. Its Health and Employee Benefit Solutions segment provides SaaS software with embedded payment solutions and plan administration services for consumer directed health benefits, COBRA accounts, and benefit enrollment and administration.
