Wex Inc Stock Today
| WEX Stock | USD 189.80 3.86 2.08% |
Performance0 of 100
| Odds Of DistressLess than 6
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Wex is trading at 189.80 as of the 28th of November 2024; that is 2.08 percent increase since the beginning of the trading day. The stock's open price was 185.94. Wex has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on June 11, 2019, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Wex Inc's common stock.
Business Domain Commercial & Professional Services | IPO Date 16th of February 2005 | Category Technology | Classification Industrials |
WEX Inc. provides financial technology services in the United States and internationally. WEX Inc. was founded in 1983 and is based in Portland, Maine. Wex operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. The company has 39.78 M outstanding shares of which 863.67 K shares are at this time shorted by investors with about 1.74 days to cover. More on Wex Inc
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Wex Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Jack VanWoerkom | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Macroaxis Index (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Data Processing & Outsourced Services, Commercial & Professional Services, Industrials, NYSE Composite, SP Midcap 400, Macroaxis Index, Industrials, Professional Services, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWex can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wex's financial leverage. It provides some insight into what part of Wex's total assets is financed by creditors.
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Wex Inc (WEX) is traded on New York Stock Exchange in USA. It is located in 1 Hancock Street, Portland, ME, United States, 04101 and employs 7,200 people. Wex is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.4 B. Wex Inc runs under Professional Services sector within Industrials industry. The entity has 39.78 M outstanding shares of which 863.67 K shares are at this time shorted by investors with about 1.74 days to cover.
Wex Inc has about 921.98 M in cash with 907.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 50.02.
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Ownership AllocationThe majority of Wex outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wex Inc to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wex Inc. Please pay attention to any change in the institutional holdings of Wex Inc as this could imply that something significant has changed or is about to change at the company. Please note that on June 11, 2019, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Wex Inc's common stock.
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Wex Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Lyrical Asset Management Lp | 2024-09-30 | 820.2 K | |
| Bessemer Group Inc | 2024-06-30 | 776.4 K | |
| River Road Asset Management, Llc | 2024-09-30 | 720.5 K | |
| Geode Capital Management, Llc | 2024-09-30 | 693.3 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 584.4 K | |
| Brown Advisory Holdings Inc | 2024-09-30 | 512.6 K | |
| Neuberger Berman Group Llc | 2024-06-30 | 465.8 K | |
| Bank Of America Corp | 2024-06-30 | 462.9 K | |
| Norges Bank | 2024-06-30 | 460.9 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 4.4 M | |
| Hhg Plc | 2024-06-30 | 4.1 M |
Wex Historical Income Statement
Wex Stock Against Markets
Wex Corporate Directors
| Daniel Callahan | Independent Director | Profile | |
| John Bachman | Independent Director | Profile | |
| Shikhar Ghosh | Independent Director | Profile | |
| Susan Sobbott | Independent Director | Profile |
Already Invested in Wex Inc?
The danger of trading Wex Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wex Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Wex Stock Analysis
When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.