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Last $42.76 USD
Change Today -0.09 / -0.21%
Volume 198.8K
WAGE On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

wageworks inc (WAGE) Snapshot

Open
$42.84
Previous Close
$42.85
Day High
$43.27
Day Low
$42.46
52 Week High
01/2/15 - $65.56
52 Week Low
05/12/15 - $38.19
Market Cap
1.5B
Average Volume 10 Days
730.6K
EPS TTM
$0.48
Shares Outstanding
35.7M
EX-Date
--
P/E TM
89.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for WAGEWORKS INC (WAGE)

wageworks inc (WAGE) Related Businessweek News

No Related Businessweek News Found

wageworks inc (WAGE) Details

WageWorks, Inc. provides consumer-directed benefits programs (CDBs) to employees to save money on taxes in the United States. It offers flexible spending accounts (FSAs) that are employer-sponsored CDBs, which enable employees to set aside pre-tax dollars to pay for eligible healthcare expenses, such as co-pays, deductibles, and over-the-counter medical products, as well as for vision expenses, orthodontia, medical devices, and autism treatments. The company also provides FSA programs for dependent care plans that allow employees to set aside pre-tax dollars to pay for eligible dependent care expenses, which include child, day, adult, and elder care expenses. In addition, it offers employer-funded health reimbursement arrangements (HRAs) in which employers provide their employees with a specified amount of reimbursement funds that are available to help employees defray their out-of-pocket healthcare expenses comprising deductibles, co-insurance, and co-payments; and administers health savings accounts for employers that allow employee participants to invest funds to be used for qualified healthcare expenses at any time without federal tax liability or penalty. Further, it offers transportation fringe benefits consisting of parking; transit passes; transportation in a commuter highway vehicle or vanpooling; and bicycle commuting reimbursement. Additionally, it provides Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation services to employer clients to meet the employer’s obligation to make available continuation of coverage for participants, who are no longer eligible for the employer’s COBRA covered benefits, including medical, dental, vision, HRAs, and certain healthcare FSAs. The company was incorporated in 2000 and is headquartered in San Mateo, California.

1,548 Employees
Last Reported Date: 02/26/15
Founded in 2000

wageworks inc (WAGE) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $639.6K
Chief Financial Officer
Total Annual Compensation: $108.8K
Chief Operating Officer
Total Annual Compensation: $335.8K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $317.9K
Compensation as of Fiscal Year 2014.

wageworks inc (WAGE) Key Developments

WageWorks Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

WageWorks announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the first quarter, WageWorks reported total revenue of $85.3 million, compared to $62.6 million for the first quarter of 2014, an increase of 36%. Healthcare revenue was $47.3 million, compared to $40.0 million for the first quarter of 2014, an increase of 18%. Commuter revenue was $15.9 million, compared to $16.0 million for the first quarter of 2014. COBRA revenue was $12.6 million, compared to $4.0 million for the first quarter of 2014, an increase of 211%. Other revenue was $9.5 million, compared to $2.6 million for the first quarter of 2014, an increase of 273%. GAAP operating income was $9.7 million for the first quarter of 2015, compared to GAAP operating income of $10.9 million for the first quarter of 2014. On a non-GAAP basis, first quarter of 2015 operating income was $18.0 million, compared to non-GAAP operating income of $15.2 million for the first quarter of 2014. GAAP net income was $5.6 million, or $0.15 per diluted share, for the first quarter of 2015, compared to GAAP net income of $6.4 million, or $0.18 per diluted share, for the first quarter of 2014. On a non-GAAP net income basis, first quarter of 2015 net income was $10.5 million, or $0.29 per diluted share, compared to non-GAAP net income of $9.0 million, or $0.25 per diluted share, for the first quarter of 2014. Non-GAAP net income for the first quarter of 2014 and 2015 excludes expenses related to stock-based compensation, amortization of acquired intangibles, contingent consideration expense and the related tax impact of these items. Non-GAAP adjusted EBITDA was $22.0 million for the first quarter of 2015, a 21% increase compared to non-GAAP adjusted EBITDA of $18.1 million for the first quarter of 2014. Income before income taxes was $9,158,000 against $10,662,000 a year ago. Net cash provided by operating activities was $38,030,000 against net cash used in operating activities of $10,795,000 a year ago. Purchases of property and equipment were $5,972,000 against $3,233,000 a year ago. Non-GAAP income from operations was $18.0 million against $15.2 million a year ago. Non-GAAP net income was $10.5 million or $9.0 per diluted share against $10.5 million or $0.29 per diluted share a year ago.

WageWorks, Inc. to Report Q1, 2015 Results on May 05, 2015

WageWorks, Inc. announced that they will report Q1, 2015 results After-Market on May 05, 2015

WageWorks, Inc., Q1 2015 Earnings Call, May 05, 2015

WageWorks, Inc., Q1 2015 Earnings Call, May 05, 2015

 

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Industry Analysis

WAGE

Industry Average

Valuation WAGE Industry Range
Price/Earnings 89.3x
Price/Sales 5.2x
Price/Book 5.2x
Price/Cash Flow 34.4x
TEV/Sales 3.4x
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