Wex is a software infrastructure company located in Maine, United States, which is part of the Technology sector, and is traded under the ticker WEX on the NYSE exchange.
Wex stock last closed at $237.53, up 1.56% from the previous day, and has increased 35.82% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.12 percentage points. Wex stock is currently +46.67% from its 52-week low of $161.95, and -0.69% from its 52-week high of $239.18.
As of Mar 28, 2024, there are 41.73M shares of WEX outstanding. The market value of WEX is $9.91B. In the last 24 hours, 192,012 WEX shares were traded.
How to Buy Wex Stock
Wondering how to invest in Wex stock? Here's how.
Decide where to buy Wex stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Wex stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Put funds into your brokerage account: Select your payment method and add your info.
Research Wex stock: The Wex ticker symbol is WEX. Is Wex stock a good investment? Should you buy shares of WEX? How do WEX's underlying business fundamentals look? Do top analysts think Wex is a good buy? Why has WEX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if WEX is a good stock to buy).
Execute your WEX purchase: Decide if you will purchase WEX shares at the current market price or use a limit order to buy WEX shares at a particular price.
Monitor your WEX position: Create a watchlist to the latest updates on your new investment in Wex shares.
Step 1: Decide where to buy Wex stock
You need a brokerage account in order to access the NYSE market and buy WEX stock.
A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to invest in WEX stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Wex stock
After you have selected the best place to buy Wex stock, it's very important to evaluate their stock before you invest, so you actually understand the risk and opportunity.
Overview of key WEX info
WEX Price
$237.53
1w %
0.32%
1y %
35.82%
5y %
24.31%
P/E
38.13x
P/B
5.45x
P/S
3.99x
PEG
0.48x
Revenue
$2.55B
Earnings
$266.60M
Fore. Rev. Growth
7.17%
Fore. Earn. Growth
87.87%
Market Cap
$9.91B
Next Earnings
Apr 25, 2024
Next Dividend
N/A
WEX Overview
WallStreetZen was created to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on WEX's stock page.
Is WEX stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge WEX's true value.
Using relative valuations ratios:
WEX may be undervalued based on its P/E ratio of 38.13x, relative to Software - Infrastructure industry P/E ratio of 89.41x
WEX could be undervalued based on its P/B ratio of 5.45x, relative to Software - Infrastructure industry P/B ratio of 12.26x
WEX could be undervalued based on its PEG ratio of 0.48x
WEX's operating cash flow of $907.90M allows it to safely service it's debt of $4.00B.
There are more short-term assets than long-term liabilities on the WEX balance sheet.
There are more short-term assets than short-term liabilities on the WEX balance sheet.
WEX profit margin has gone up from 8.6% to 10.5% in the past year.
Failed Financial Due Diligence Checks:
Total WEX debt is higher than 5 years ago, relative to shareholder equity.
WEX has a relatively high debt to equity ratio of 6.63.
WEX earnings of $573.40M is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy WEX stock
Out of 8 Equities analysts who give forecasts on WEX, the consensus analyst rating on WEX is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest WEX Analyst Forecasts
James Faucette, a top 11% analyst from Morgan Stanley maintains WEX with a hold rating and lowers their WEX price target from $205.00 to $200.00, on Oct 27, 2023.
Darrin Peller, a top 11% analyst from Wolfe Research upgrades WEX to a buy rating and announces their WEX price target of $240.00, on Oct 17, 2023.
Ashwin Shirvaikar, a top 13% analyst from Citigroup maintains WEX with a strong buy rating and raises their WEX price target from $230.00 to $240.00, on Oct 4, 2023.
You can dive deeper into what analysts are projecting on the Wex stock forecast page.
Metrics for Advanced WEX Traders
SMA10
234.9
SMA20
231.45
SMA50
219.11
SMA100
201.77
SMA200
195.04
MACD
5.06
MACD Signal
5.51
MACD Histogram
-0.45
RSI
68.79
Stochastic %K
74.53
Stochastic %D
71.45
StochRSI %K
24.31
StochRSI %D
17.66
How are WEX Revenues/Earnings doing?
Last year, WEX earnings were $266.60M. During the last five year, WEX's earnings have gone up by 9.82% per year. This was slower than the Software - Infrastructure industry average of 132.67%.
Last year, WEX revenue was $2.55B. During the last five year, WEX's revenue has increased by 11.29% per year. This was slower than the Software - Infrastructure industry average of 17.22%.
No, Wex doesn't provide an income stream by paying out dividends.
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Step 5: Execute your WEX purchase
You have two main options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are mostly fine.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
As of Mar 28, 2024, it costs $237.53 to buy one share of Wex stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.421 shares of WEX.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.