WEX Inc. with ticker code (WEX) have now 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $272.00 and $210.00 suggesting an average analyst share price target price of $238.77. (at the time of writing). Given that the stocks previous close was at $235.99 this now indicates there is a potential upside of 1.2%. It’s also worth noting that there is a 50 day moving average of $215.36 and the 200 moving average now moves to $193.65. The market cap for the company is 9.88B. The stock price for the company is currently $236.78 USD
The potential market cap would be $9,998,376,705 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 38.44, revenue per share of $59.53 and a 3.21% 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.
