Workflow
WEX(WEX)
icon
Search documents
Why Wex (WEX) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-10-17 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Sty ...
Here's Why You Should Retain WEX Stock in Your Portfolio
ZACKS· 2024-10-03 18:20
WEX Inc. (WEX) has had an impressive run over the past three months. The stock has gained 16.4% compared with the 6.2% growth of the industry it belongs to and the 2.6% uptick of the Zacks S&P 500 composite. WEX has an expected long-term (three to five years) EPS growth rate of 12.2%. The company's earnings for 2024 and 2025 are expected to grow 9.2% and 12.9%, respectively. Factors That Bode Well WEX is a leader in the fleet payments industry, providing payment solutions for fuel management, corporate trav ...
Here's Why Wex (WEX) is a Strong Value Stock
ZACKS· 2024-09-26 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...
WEX: Attractively Priced For Double-Digit Earnings Growth Ahead
Seeking Alpha· 2024-09-18 15:33
WEX Inc. (NYSE: WEX ) is a global payments processor, which specializes in providing payment solutions for businesses, including fleet cards, employee benefits and payments to other businesses. The company has grown its revenue at a 14% CAGR over the past 10 An individual investor primarily focused on undercovered companies, with more than 50 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for over 7 years in ...
Electrified Fleet Adoption Surges Despite Slowing EV Demand in Passenger Market
Prnewswire· 2024-09-18 10:01
80% of Global Commercial Fleet Leaders Surveyed Set Goal for 25% EVs by 2030, Latest Frost & Sullivan Insights Reveal LONDON, Sept. 18, 2024 /PRNewswire/ -- Conducted by Frost & Sullivan and commissioned by WEX (NYSE: WEX), a new report provides key insights for organisations managing mixed-energy fleets across Europe, North America, and Asia-Pacific. The study underscores the rapid progress in fleet electrification. While EV adoption rates vary by business and fleet type, most fleet managers expect a signi ...
Here's Why You Should Retain WEX Stock in Your Portfolio Now
ZACKS· 2024-09-12 12:31
WEX Inc. (WEX) stock has had an impressive run over the past three months. Shares of the company have gained 11.1% compared with the 6.1% growth of the industry it belongs to and the marginal rise of the Zacks S&P 500 composite. The company's revenues for 2024 are expected to improve 6% year over year, and for 2025, it is anticipated to increase 6.4% year over year. Earnings are anticipated to increase 9.2% in 2024 and 12.9% in 2025. The company has an expected long-term (three to five years) earnings per s ...
Blink Joins WEX in Advancing EV Charging Solutions for Mixed Fleets
GlobeNewswire News Room· 2024-09-09 19:00
WEX celebrates World EV Day by welcoming Blink Charging and another brand to its expanding EV Network in the US. These new additions bring WEX's total network to approximately 130,000 public chargers nationwide. Bowie, Maryland, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, announces its collaboration with WEX to enhance the integration of EV charging into mixed ener ...
WEX Stock Price Decreases 2% Despite Posting Q2 Earnings Beat
ZACKS· 2024-08-08 16:11
WEX Inc. (WEX) reported mixed second-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimates, while revenues missed the same. The stock declined 1.7% since the release of results on Jul 25 on weak 2024 earnings and revenue guidance. WEX expects adjusted diluted earnings per share of $15.98-$16.38 compared with the $16.10-$16.60 provided in the preceding quarter. The mid-point ($16.18) of the same is higher than the consensus estimate for earnings of $16.16 per share. The company expects re ...
WEX(WEX) - 2024 Q2 - Earnings Call Transcript
2024-07-25 18:14
WEX Inc (NYSE:WEX) Q2 2024 Results Conference Call July 25, 2024 10:00 AM ET Company Participants Steve Elder - Senior Vice President of Global Investor Relations Melissa Smith - Chairman of the Board, President & CEO Jagtar Narula - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Andrew Jeffrey - William Blair Nate Svensson - Deutsche Bank Nik Cremo - UBS Andrew Bauch - Wells Fargo Ramsey El-Assal - Barclays Sanjay Sakhrani - KBW Mihir Bhatia - Bank of America Operator Thank ...
WEX(WEX) - 2024 Q2 - Quarterly Report
2024-07-25 17:53
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-32426 WEX Inc. (Exact name of registrant as specified in its charter) Delaware 01-0526993 (State or other juri ...