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Last $115.35 USD
Change Today -0.97 / -0.83%
Volume 25.6K
WEX On Other Exchanges
Symbol
Exchange
New York
Frankfurt
OTC US
As of 10:33 AM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

wex inc (WEX) Snapshot

Open
$116.01
Previous Close
$116.32
Day High
$116.78
Day Low
$115.04
52 Week High
11/25/14 - $119.11
52 Week Low
05/15/14 - $88.02
Market Cap
4.5B
Average Volume 10 Days
275.9K
EPS TTM
$4.57
Shares Outstanding
38.6M
EX-Date
--
P/E TM
25.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for WEX INC (WEX)

wex inc (WEX) Related Businessweek News

No Related Businessweek News Found

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 fleet vehicle payment and transaction processing services. This segment markets its products and services directly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road long haul fleets; and indirectly through co-branded and private label relationships. The Other Payment Solutions segment provides payment processing solutions for corporate payment and transaction monitoring needs. Its products include virtual cards that are used for transactions that require pre-authorization and where no card is presented; healthcare payment products, which are used in healthcare payments markets; employee benefit cards, private label, and processing services for use in the retail, government, and transportation sectors; and prepaid and gift card products enables secure payment and financial management solutions with single card options, access to open or closed loop redemption, load limits, and with various expirations. This segment markets its products and services directly to commercial and government organizations. 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.

2,004 Employees
Last Reported Date: 02/26/15
Founded in 1983

wex inc (WEX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $515.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $330.2K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $320.2K
Senior Vice President of International
Total Annual Compensation: $297.8K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $361.9K
Compensation as of Fiscal Year 2014.

wex inc (WEX) Key Developments

WEX Inc. Reports Consolidated Unaudited Financial Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2015

WEX Inc. reported consolidated unaudited financial results for the first quarter ended March 31, 2015. Total revenue for the first quarter of 2015 increased 11% to $202.3 million from $182.1 million for the first quarter of 2014. Net income to common shareholders on a GAAP basis was $22.3 million, or $0.57 per diluted share, compared with $36.5 million, or $0.93 per diluted share, for the first quarter last year. On a non-GAAP basis, the company's adjusted net income for the first quarter of 2015 increased 3% to $42.9 million, or $1.10 per diluted share, from $41.6 million, or $1.06 per diluted share, for the same period a year ago. Operating income was $48.240 million against $61.537 million a year ago. Income before income taxes was $34.525 million against $57.059 million a year ago. In terms of capital expenditures, total spending for the first quarter was approximately $12 million. For the second quarter of 2015, the company expects revenue in the range of $211 million to $220 million and adjusted net income in the range of $46 million to $49 million, or $1.18 to $1.26 per diluted share. For the full year 2015, the company expects revenue in the range of $867 million to $897 million and adjusted net income in the range of $192 million to $204 million, or $4.92 to $5.22 per diluted share. Additionally, the company expects adjusted net income tax rate to be between 36% and 37% for 2015 and total capital expenditures to be approximately $65 million to $70 million.

WEX Inc. to Report Q1, 2015 Results on Apr 29, 2015

WEX Inc. announced that they will report Q1, 2015 results at 10:00 AM, US Eastern Standard Time on Apr 29, 2015

WEX Inc., Q1 2015 Earnings Call, Apr 29, 2015

WEX Inc., Q1 2015 Earnings Call, Apr 29, 2015

 

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Industry Analysis

WEX

Industry Average

Valuation WEX Industry Range
Price/Earnings 23.5x
Price/Sales 5.3x
Price/Book 4.2x
Price/Cash Flow 16.5x
TEV/Sales 3.1x
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