WEX RSI Chart
Last 7 days
-4.0%
Last 30 days
-13.7%
Last 90 days
-10.3%
Trailing 12 Months
10.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.6B | 0 | 0 | 0 |
2023 | 2.4B | 2.5B | 2.5B | 2.5B |
2022 | 2.0B | 2.1B | 2.2B | 2.4B |
2021 | 1.5B | 1.7B | 1.8B | 1.9B |
2020 | 1.8B | 1.7B | 1.6B | 1.6B |
2019 | 1.5B | 1.6B | 1.7B | 1.7B |
2018 | 1.3B | 1.4B | 1.4B | 1.5B |
2017 | 1.1B | 1.2B | 1.2B | 1.2B |
2016 | 858.3M | 878.6M | 940.3M | 1.0B |
2015 | 837.9M | 849.9M | 853.9M | 854.6M |
2014 | 734.2M | 757.5M | 788.1M | 817.6M |
2013 | 648.4M | 673.6M | 704.2M | 717.5M |
2012 | 573.1M | 584.9M | 594.0M | 623.2M |
2011 | 426.6M | 476.5M | 528.1M | 553.1M |
2010 | 330.6M | 344.1M | 358.5M | 390.4M |
2009 | 0 | 363.8M | 339.5M | 315.2M |
2008 | 0 | 0 | 0 | 388.2M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 07, 2024 | rapkin hilary a | gifted | - | - | -240 | chief legal officer |
May 02, 2024 | carriedo carlos | sold | -144,789 | 211 | -683 | coo, international |
May 02, 2024 | kimball jennifer | sold | -253,860 | 211 | -1,200 | chief accounting officer |
May 02, 2024 | deshaies robert joseph | sold | -400,286 | 211 | -1,897 | coo, americas |
May 01, 2024 | trickett sara | sold | -154,456 | 210 | -734 | svp, acting general counsel |
Apr 04, 2024 | groch james r | acquired | - | - | 89.00 | - |
Apr 04, 2024 | callahan don | acquired | - | - | 110 | - |
Mar 19, 2024 | narula jagtar | sold | -72,071 | 233 | -309 | chief financial officer |
Mar 15, 2024 | drew ann elena | acquired | - | - | 5,596 | chief risk and compliance |
Mar 15, 2024 | trickett sara | acquired | - | - | 1,323 | svp, acting general counsel |
Which funds bought or sold WEX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | New Covenant Trust Company, N.A. | new | - | 8,314 | 8,314 | 0.01% |
May 16, 2024 | Semmax Financial Advisors Inc. | new | - | 1,650 | 1,650 | -% |
May 16, 2024 | HANCOCK WHITNEY CORP | reduced | -8.62 | 63,966 | 616,883 | 0.02% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -61.19 | -1,839,880 | 1,656,770 | -% |
May 16, 2024 | CASTLEARK MANAGEMENT LLC | added | 36.18 | 2,341,090 | 5,874,120 | 0.24% |
May 16, 2024 | Redwood Investment Management, LLC | new | - | 1,509,000 | 1,509,000 | 0.14% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.68 | 1,338,100 | 10,163,700 | 0.01% |
May 16, 2024 | COMERICA BANK | reduced | -31.43 | -1,747,080 | 8,987,050 | 0.04% |
May 16, 2024 | Tidal Investments LLC | reduced | -5.7 | 139,506 | 1,061,280 | 0.02% |
May 16, 2024 | Beacon Capital Management, LLC | unchanged | - | 2,423 | 11,639 | -% |
Unveiling WEX Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to WEX Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 3.1T | 236.6B | 36.24 | 13.2 | ||||
ADBE | 216.6B | 19.9B | 45.12 | 10.87 | ||||
CRWD | 82.6B | 3.1B | 924.45 | 27.03 | ||||
SQ | 44.6B | 22.9B | 89.43 | 1.95 | ||||
AKAM | 14.5B | 3.9B | 23.17 | 3.74 | ||||
FFIV | 10.2B | 2.8B | 20.48 | 3.67 | ||||
MID-CAP | ||||||||
ALTR | 7.5B | 619.6M | 779.75 | 12.06 | ||||
HCP | 6.4B | 583.1M | -33.59 | 10.98 | ||||
ACIW | 4.0B | 1.5B | 27.07 | 2.67 | ||||
APPN | 2.4B | 560.0M | -22.61 | 4.34 | ||||
SMALL-CAP | ||||||||
CSGS | 1.3B | 1.2B | 19.76 | 1.09 | ||||
ATEN | 1.2B | 254.7M | 26.36 | 4.73 | ||||
BAND | 590.0M | 634.3M | -20.22 | 0.93 | ||||
DTSS | 20.5M | 23.3M | -1.79 | 0.88 | ||||
BLIN | 13.0M | 15.3M | -1.29 | 0.85 |
WEX Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.6% | 653 | 663 | 651 | 621 | 612 | 619 | 616 | 598 | 518 | 497 | 483 | 459 | 411 | 399 | 382 | 347 | 432 | 440 | 460 | 442 | 382 |
Cost Of Revenue | 4.4% | 267 | 256 | 235 | 235 | 247 | 252 | 252 | 224 | 202 | 193 | 180 | 172 | 158 | 169 | 157 | 162 | 186 | 180 | 166 | 161 | 153 |
S&GA Expenses | -1.0% | 85.00 | 86.00 | 83.00 | 79.00 | 80.00 | 77.00 | 81.00 | 80.00 | 74.00 | 73.00 | 82.00 | 86.00 | 78.00 | 79.00 | 65.00 | 55.00 | 69.00 | 49.00 | 74.00 | 73.00 | 64.00 |
EBITDA Margin | -1.9% | 0.30* | 0.31* | 0.27* | 0.24* | 0.21* | 0.23* | 0.24* | 0.31* | 0.31* | 0.27* | 0.10* | 0.04* | - | - | - | - | - | - | - | - | - |
Interest Expenses | - | - | - | - | - | - | 33.00 | 34.00 | 32.00 | 30.00 | 34.00 | 32.00 | 32.00 | 33.00 | 55.00 | 41.00 | 29.00 | 32.00 | 33.00 | 35.00 | 36.00 | 31.00 |
Income Taxes | 3.0% | 24.00 | 24.00 | 26.00 | 23.00 | 30.00 | 36.00 | 1.00 | 15.00 | 42.00 | 51.00 | 19.00 | -0.75 | -1.67 | -16.74 | 22.00 | -19.75 | -5.71 | 24.00 | 19.00 | 12.00 | 6.00 |
Earnings Before Taxes | -17.0% | 90.00 | 108 | 44.00 | 118 | 98.00 | 124 | -43.30 | 49.00 | 131 | 102 | 71.00 | 9.00 | 22.00 | -240 | -36.11 | -6.35 | -17.98 | 89.00 | 62.00 | 44.00 | 22.00 |
EBT Margin | -3.8% | 0.14* | 0.14* | 0.15* | 0.12* | 0.09* | 0.11* | 0.11* | 0.17* | 0.16* | 0.11* | -0.08* | -0.15* | - | - | - | - | - | - | - | - | - |
Net Income | -22.5% | 66.00 | 85.00 | 18.00 | 95.00 | 68.00 | 89.00 | -44.10 | 34.00 | 89.00 | 51.00 | 52.00 | 10.00 | 22.00 | -224 | -58.96 | 13.00 | -13.63 | 54.00 | 43.00 | 32.00 | 16.00 |
Net Income Margin | -2.4% | 0.10* | 0.10* | 0.11* | 0.08* | 0.06* | 0.07* | 0.06* | 0.11* | 0.10* | 0.07* | -0.08* | -0.15* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -126.0% | -187 | 720 | 10.00 | 38.00 | -3.50 | 535 | 398 | -174 | -192 | -62.76 | 93.00 | 77.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 3.9% | 14,422 | 13,882 | 13,900 | 13,348 | 12,727 | 11,529 | 11,909 | 12,323 | 11,333 | 10,307 | 9,514 | 9,228 | 8,317 | 8,183 | 8,314 | 7,907 | 7,698 | 8,298 | 8,541 | 8,573 | 7,955 |
Current Assets | 6.7% | 9,535 | 8,935 | 9,132 | 8,705 | 8,051 | 6,817 | 7,199 | 7,426 | 6,338 | 5,300 | 4,436 | 4,094 | 3,708 | 3,503 | 4,031 | 3,561 | 3,312 | 3,842 | 4,054 | 4,308 | 3,645 |
Cash Equivalents | -20.1% | 780 | 976 | 958 | 901 | 922 | 922 | 759 | 439 | 578 | 589 | 534 | 425 | 561 | 852 | 1,522 | 1,272 | 861 | 811 | 531 | 768 | 387 |
Net PPE | 2.7% | 250 | 243 | 229 | 222 | 210 | 202 | 187 | 181 | 178 | 180 | 179 | 180 | 183 | 188 | 193 | 205 | 208 | 212 | 208 | 197 | 197 |
Goodwill | -0.4% | 3,004 | 3,016 | 2,797 | 2,728 | 2,726 | 2,729 | 2,703 | 2,873 | 2,916 | 2,908 | 2,906 | 2,926 | 2,759 | 2,688 | 2,431 | 2,434 | 2,418 | 2,441 | 2,436 | 119 | 2,331 |
Liabilities | 4.8% | 12,644 | 12,062 | 12,204 | 11,579 | 11,057 | 9,880 | 10,278 | 10,507 | 9,407 | 8,214 | 7,478 | 7,245 | 6,286 | 6,148 | 6,110 | 5,819 | 5,662 | 6,205 | 6,543 | 6,612 | 6,038 |
Current Liabilities | 5.5% | 8,986 | 8,519 | 8,856 | 8,334 | 7,503 | 6,294 | 6,414 | 6,399 | 5,253 | 4,400 | 3,605 | 3,516 | 3,308 | 2,741 | 2,672 | 2,590 | 2,486 | 3,050 | 3,113 | 3,037 | 2,616 |
Long Term Debt | 9.0% | 3,082 | 2,828 | 2,650 | 2,499 | 2,631 | 2,522 | 2,644 | 2,762 | 2,774 | 2,695 | 2,802 | 2,867 | 2,508 | 2,874 | 2,879 | 2,654 | 2,672 | 2,687 | 2,701 | 2,765 | 2,809 |
LT Debt, Non Current | 9.0% | 3,082 | 2,828 | 2,650 | 2,499 | 2,631 | 2,522 | 2,644 | 2,762 | 2,774 | 2,695 | 2,802 | 2,867 | 2,508 | 2,874 | 2,879 | 2,654 | 2,672 | 2,687 | 2,701 | 2,765 | 2,809 |
Shareholder's Equity | -2.4% | 1,778 | 1,821 | 1,696 | 1,769 | 1,671 | 1,650 | 1,631 | 1,816 | 1,927 | 1,839 | 1,844 | 1,795 | 1,888 | 1,878 | 2,097 | 1,988 | 1,877 | 1,928 | 1,852 | 1,844 | 1,817 |
Retained Earnings | 3.7% | 1,823 | 1,757 | 1,672 | 1,654 | 1,559 | 1,491 | 1,402 | 1,446 | 1,412 | 1,289 | 1,301 | 1,253 | 1,286 | 1,287 | 1,521 | 1,587 | 1,514 | 1,539 | 1,485 | 1,470 | 1,456 |
Additional Paid-In Capital | 1.2% | 1,065 | 1,053 | 1,018 | 981 | 951 | 928 | 907 | 881 | 856 | 844 | 830 | 809 | 850 | 873 | 849 | 695 | 681 | 675 | 662 | 652 | 635 |
Accumulated Depreciation | 4.7% | 570 | 544 | 593 | 571 | 552 | 530 | 515 | 493 | 478 | 458 | 465 | 444 | 425 | 402 | 407 | 387 | 363 | 344 | 345 | 327 | 325 |
Shares Outstanding | 0% | 42.00 | 42.00 | 43.00 | 43.00 | 43.00 | 43.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.00 | 12.00 | 11.00 | 10.00 | 10.00 | 10.00 | 11.00 | 10.00 |
Float | - | - | - | - | 7,800 | - | - | - | 6,890 | - | - | - | 8,642 | - | - | - | 7,140 | - | - | - | 8,946 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -120.1% | -153 | 762 | 47.00 | 72.00 | 27.00 | 573 | 428 | -152 | -168 | -32.24 | 112 | 95.00 | -217 | -37.65 | 49.00 | 386 | 340 | 458 | 126 | 9.00 | 70.00 |
Share Based Compensation | -18.1% | 28.00 | 34.00 | 32.00 | 37.00 | 25.00 | 21.00 | 28.00 | 25.00 | 24.00 | 14.00 | 22.00 | 22.00 | 18.00 | 19.00 | 18.00 | 15.00 | 13.00 | 12.00 | 10.00 | 15.00 | 10.00 |
Cashflow From Investing | 43.9% | -317 | -566 | -249 | -260 | -1,062 | -52.80 | -53.20 | -504 | -106 | -990 | -15.33 | -579 | -16.41 | -254 | -33.35 | -20.90 | -20.71 | -68.30 | -297 | -28.04 | -596 |
Cashflow From Financing | 368.3% | 354 | -132 | 237 | 425 | 1,044 | -422 | 127 | 707 | 270 | 1,118 | 79.00 | 513 | -114 | -101 | 246 | 54.00 | -257 | -87.93 | -54.60 | 396 | 496 |
Buy Backs | -51.2% | 74.00 | 151 | 49.00 | 3.00 | 101 | 133 | 69.00 | 81.00 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Total revenues | $ 652.7 | $ 612.0 |
Cost of services | ||
Processing costs | 169.1 | 145.6 |
Service fees | 21.0 | 18.3 |
Provision for credit losses | 22.4 | 45.4 |
Operating interest | 23.5 | 12.8 |
Depreciation and amortization | 31.2 | 25.2 |
Total cost of services | 267.2 | 247.3 |
General and administrative | 88.5 | 88.9 |
Sales and marketing | 85.3 | 79.9 |
Depreciation and amortization | 47.2 | 41.6 |
Operating income | 164.5 | 154.3 |
Financing interest expense, net of financial instruments | (60.3) | (52.9) |
Change in fair value of contingent consideration | (1.7) | (1.8) |
Net foreign currency loss | (12.5) | (1.4) |
Income before income taxes | 90.0 | 98.2 |
Income tax expense | 24.2 | 30.2 |
Net income | $ 65.8 | $ 68.0 |
Net income per share: | ||
Basic (in dollars per share) | $ 1.57 | $ 1.58 |
Diluted (in dollars per share) | $ 1.55 | $ 1.56 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 41.8 | 43.1 |
Diluted (in shares) | 42.4 | 43.6 |
Payment processing revenue | ||
Revenues | ||
Total revenues | $ 302.0 | $ 288.1 |
Account servicing revenue | ||
Revenues | ||
Total revenues | 173.3 | 160.7 |
Finance fee revenue | ||
Revenues | ||
Total revenues | 70.3 | 80.7 |
Other revenue | ||
Revenues | ||
Total revenues | $ 107.1 | $ 82.5 |
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 779.6 | $ 975.8 |
Restricted cash | 1,302.1 | 1,254.2 |
Accounts receivable, net | 3,857.2 | 3,428.5 |
Investment securities | 3,304.9 | 3,022.1 |
Securitized accounts receivable, restricted | 143.3 | 129.4 |
Prepaid expenses and other current assets | 147.4 | 125.3 |
Total current assets | 9,534.5 | 8,935.3 |
Property, equipment and capitalized software (net of accumulated depreciation of $570.0 in 2024 and $544.2 in 2023) | 249.5 | 242.9 |
Goodwill | 3,003.8 | 3,015.7 |
Other intangible assets (net of accumulated amortization of $1,406.0 in 2024 and $1,359.1 in 2023) | 1,406.3 | 1,458.7 |
Investment securities | 66.1 | 66.8 |
Deferred income taxes, net | 14.8 | 13.7 |
Other assets | 146.8 | 149.0 |
Total assets | 14,421.8 | 13,882.1 |
Liabilities and Stockholders’ Equity | ||
Accounts payable | 1,824.0 | 1,479.1 |
Accrued expenses and other current liabilities | 671.2 | 802.7 |
Restricted cash payable | 1,301.4 | 1,253.5 |
Short-term deposits | 4,075.9 | 3,942.8 |
Short-term debt, net | 1,113.0 | 1,041.1 |
Total current liabilities | 8,985.5 | 8,519.2 |
Long-term debt, net | 3,081.5 | 2,827.5 |
Long-term deposits | 129.7 | 129.8 |
Deferred income taxes, net | 132.8 | 129.5 |
Other liabilities | 314.6 | 455.5 |
Total liabilities | 12,644.1 | 12,061.5 |
Stockholders’ Equity | ||
Common stock $0.01 par value; 175.0 shares authorized; 50.3 shares issued in 2024 and 49.9 in 2023; 41.9 shares outstanding in 2024 and 2023 | 0.5 | 0.5 |
Additional paid-in capital | 1,065.2 | 1,053.0 |
Retained earnings | 1,822.9 | 1,757.1 |
Accumulated other comprehensive loss | (276.5) | (229.2) |
Treasury stock at cost; 8.4 and 8.0 shares in 2024 and 2023, respectively | (834.4) | (760.8) |
Total WEX Inc. stockholders’ equity | 1,777.7 | 1,820.6 |
Total liabilities and stockholders’ equity | $ 14,421.8 | $ 13,882.1 |
 | Ms. Melissa D. Smith |
---|---|
 | wexinc.com |
 | Software - Infra |
 | 6100 |