Last $101.61 USD
Change Today +2.85 / 2.89%
Volume 418.3K
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As of 4:15 PM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

wex inc (WEX) Snapshot

Open
$100.44
Previous Close
$98.76
Day High
$101.75
Day Low
$99.32
52 Week High
11/25/14 - $119.11
52 Week Low
02/3/14 - $78.78
Market Cap
3.9B
Average Volume 10 Days
458.7K
EPS TTM
$4.40
Shares Outstanding
38.8M
EX-Date
--
P/E TM
23.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for WEX INC (WEX)

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wex inc (WEX) Details

WEX Inc. provides corporate card payment solutions in North and South America, the Asia Pacific, and Europe. It operates in two segments, Fleet Payment Solutions and Other Payment Solutions. The Fleet Payment Solutions segment offers vehicle payment processing, account servicing, and transaction processing services to commercial and government fleets. This segment markets its products and services directly, as well as through co-branded and private label relationships. The Other Payment Solutions segment provides payment processing solutions for corporate purchasing and transaction monitoring needs. Its products include corporate purchase cards, single use accounts, virtual card products, paycard products, and prepaid and gift cards. This segment markets its products and services directly to commercial and government organizations; and small and medium sized businesses. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in South Portland, Maine.

1,431 Employees
Last Reported Date: 02/27/14
Founded in 1983

wex inc (WEX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $441.8K
Executive Chairman, Member of Executive Commi...
Total Annual Compensation: $592.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $305.4K
Senior Vice President of International
Total Annual Compensation: $288.7K
Compensation as of Fiscal Year 2013.

wex inc (WEX) Key Developments

WEX Inc. - Analyst/Investor Day

WEX Inc. - Analyst/Investor Day

WEX Fuel Management and Titan Cloud Software Establish Agreement to Enhance Software Solution for Fleet Owners and Petroleum Retailers

WEX Inc. announced an agreement between WEX Fuel Management and Titan Cloud Software to strategically promote their software solutions for fleet managers and petroleum retailers. Through this relationship, WEX Fuel Management and Titan Cloud Software will leverage each other's cloud product offerings to provide solutions for its mutual customers. The combined solution encompasses fuel purchasing, fuel logistics, advanced fuel analytics, wet stock management, environmental compliance, facility maintenance and inspections. By utilizing the strengths of both companies, end users gain access to the most comprehensive selection of software modules, apps and service offerings in the petroleum industry to drive smarter fuel acquisition, tighter fuel control, and proactive environmental compliance.

WEX Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year of 2014

WEX Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $222,134,000 against $191,525,000 a year ago. Operating income was $102,530,000 against $77,893,000 a year ago. Income before income taxes was $98,547,000 against $70,002,000 a year ago. Net earnings attributable to the company were $74,443,000 or $1.91 per diluted share against $43,838,000 or $1.12 per diluted share a year ago. For the nine months, the company reported total revenues of $605,783,000 against $535,180,000 a year ago. Operating income was $244,396,000 against $205,504,000 a year ago. Income before income taxes was $222,336,000 against $182,504,000 a year ago. Net earnings attributable to the company were $154,318,000 or $3.96 per diluted share against $114,740,000 or $2.93 per diluted share a year ago. Net cash used for operating activities was $2,639,000 against $25,288,000 a year ago. Purchases of property, equipment and capitalized software company were $39,403,000 against $30,122,000 a year ago. For the fourth quarter of 2014, the company expects revenue in the range of $206 million to $211 million and adjusted net income in the range of $42 million to $45 million, or $1.07 to $1.14 per diluted share. The company expects adjusted net income tax rate to be in the range of 35% to 36%. For the full year 2014, the company expects revenue in the range of $812 million to $817 million and adjusted net income to be in the range of $198 million to $201 million, or $5.08 to $5.15 per diluted share.

 

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Industry Analysis

WEX

Industry Average

Valuation WEX Industry Range
Price/Earnings 19.5x
Price/Sales 4.7x
Price/Book 3.5x
Price/Cash Flow 14.4x
TEV/Sales 2.4x
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