WEX - WEX WEX INC （）

NEW YORK , May 19, 2023 /PRNewswire/ -- The e-wallet market size is estimated to increase by USD 163.43 billion from 2022 to 2027. The market is estimated to grow with a CAGR of 26.41% , according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report - Request a sample report Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants , Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

WEX''s 1Q23 revenue increased by 18% to $612 million, beating consensus expectations, due to increased travel activity. Click here to see our take on WEX stock.

Pulled from Benzinga Pro data, WEX (NYSE: WEX ) posted Q1 earnings of $68.00 million, an increase from Q4 of 23.33%. Sales dropped to $612.00 million, a 1.07% decrease between quarters. WEX earned $88.69 million, and sales totaled $618.61 million in Q4. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and … Full story available on Benzinga.com

https://www.investing.com/news/pro/wright-express-corp-receives-investment-bank-analyst-rating-update-3069022

https://www.investing.com/news/pro/wright-express-corp-receives-investment-bank-analyst-rating-update-3067856

https://www.investing.com/news/pro/wex-inc-pt-lowered-to-194-at-wells-fargo-432SI-2888264

WEX Inc. with ticker code (WEX) now have 13 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 230 and 180 calculating the mean target price we have 206.92. With the stocks previous close at 153.71 this would imply there is a potential upside of 34.6%. The day 50 moving average is 162.57 and the 200 moving average now moves to 158.58. The market capitalisation for the company is $6,726m. Company Website:https://www.wexinc.com [stock_market_widget type="chart" template="basic" color="green" assets="WEX" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $9,054m based on the market concensus. WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services.

WEX Inc. with ticker code (WEX) now have 13 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 230 and 180 and has a mean target at 206.92. With the stocks previous close at 167.13 this is indicating there is a potential upside of 23.8%. There is a 50 day moving average of 162.32 and the 200 day moving average is 158.42. The market capitalisation for the company is $7,086m. You can visit the company''s website by visiting: https://www.wexinc.com [stock_market_widget type="chart" template="basic" color="green" assets="WEX" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $8,774m based on the market concensus. WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services.

WEX provides financial technology services in the United States and internationally. Check out the reasons to prefer a capital-gain seeking buy in WEX stock.

WEX, the global commerce platform that simplifies the business of running a business, announced that its board of directors

WEX Inc. with ticker code (WEX) have now 14 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 235 and 180 and has a mean target at 210.21. Now with the previous closing price of 172.88 this indicates there is a potential upside of 21.6%. The 50 day moving average now sits at 165.86 and the 200 day MA is 161.89. The company has a market cap of $7,704m. Visit the company website at: https://www.wexinc.com [stock_market_widget type="chart" template="basic" color="green" assets="WEX" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $9,367m based on the market concensus. WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; credit and collections services; merchant services; analytics solutions with access to web-based data analytics platform that offers insights to fleet managers; and ancillary services and tools to fleets to manage expenses and capital requirements.

Citi analyst Peter Christiansen expressed incremental bullishness on FleetCor Technologies, Inc (NYSE: FLT ) and WEX Inc (NYSE: WEX ), lifting estimates and target prices on both, given rising fuel prices and solid demand signs. As a reminder, the incremental flow-through on higher fuel was highly margin-accretive. Christiansen upgraded WEX from Neutral to Buy on higher fuel and increased potential for better-than-expected travel volumes. Both FLT and WEX remain at least … Full story available on Benzinga.com

Shares of business to business payments platform Wex could nearly triple by 2025, said investor Lauren Taylor Wolfe

Upgrades Keefe, Bruyette & Woods upgraded the previous rating for AGNC Investment Corp (NASDAQ: AGNC ) from Market Perform to Outperform. In the first quarter, AGNC Investment showed an EPS of $0.72, compared to $0.76 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.84 and a 52-week-low of $10.86. AGNC Investment closed at $11.99 at the end of the last trading period. According to Keefe, Bruyette & Woods, the prior rating for Annaly Capital Management Inc (NYSE: NLY ) was changed from Market Perform to Outperform. Annaly Capital Management earned $0.28 in the first quarter, compared to $0.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.64 and a 52-week-low of $6.18. Annaly Capital Management closed at $6.59 at the end of the last trading period. Keefe, Bruyette & Woods upgraded the previous rating for Dynex Capital Inc (NYSE: DX ) from Market Perform to Outperform. For the first quarter, Dynex Cap had an EPS of $0.44, compared to year-ago quarter EPS of $0.46.

Citi analyst Peter Christiansen on Thursday has upgraded fintech services provider Wex (WEX) to Buy from Neutral on the basis of higher fuel prices as well as increasing potential…