WEX RSI Chart
Last 7 days
-4.2%
Last 30 days
-2.0%
Last 90 days
14.1%
Trailing 12 Months
23.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
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 | tinto melanie j | sold (taxes) | -637,982 | 233 | -2,727 | chief human resources officer |
Mar 15, 2024 | narula jagtar | sold (taxes) | -705,125 | 233 | -3,014 | chief financial officer |
Mar 15, 2024 | kimball jennifer | acquired | - | - | 2,864 | chief accounting officer |
Mar 15, 2024 | trickett sara | acquired | - | - | 1,323 | svp, acting general counsel |
Mar 15, 2024 | smith melissa d | sold (taxes) | -4,077,980 | 233 | -17,431 | chair, ceo, and president |
Mar 15, 2024 | narula jagtar | acquired | - | - | 7,092 | chief financial officer |
Mar 15, 2024 | deshaies robert joseph | acquired | - | - | 10,944 | coo, americas |
Which funds bought or sold WEX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 17, 2024 | Portside Wealth Group, LLC | reduced | -0.03 | 125,178 | 692,875 | 0.13% |
Apr 17, 2024 | NEW MEXICO EDUCATIONAL RETIREMENT BOARD | added | 3.37 | -89,000 | 1,642,000 | 0.06% |
Apr 17, 2024 | Hennion & Walsh Asset Management, Inc. | reduced | -2.7 | 43,330 | 273,872 | 0.01% |
Apr 16, 2024 | Financial Management Professionals, Inc. | unchanged | - | 1,000 | 3,000 | -% |
Apr 16, 2024 | FLAGSHIP HARBOR ADVISORS, LLC | new | - | 205,226 | 205,226 | 0.01% |
Apr 16, 2024 | WEBSTER BANK, N. A. | new | - | 5,938 | 5,938 | -% |
Apr 16, 2024 | Perpetual Ltd | sold off | -100 | -243,966 | - | -% |
Apr 16, 2024 | Asset Dedication, LLC | unchanged | - | 1,000 | 6,000 | -% |
Apr 16, 2024 | Robbins Farley | unchanged | - | 301 | 1,663 | -% |
Apr 15, 2024 | Procyon Advisors, LLC | reduced | -3.94 | 133,275 | 904,277 | 0.07% |
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 | 3.0T | 227.6B | 36.38 | 13.2 | ||||
ADBE | 211.9B | 19.9B | 44.13 | 10.63 | ||||
CRWD | 70.2B | 3.1B | 785.34 | 22.96 | ||||
SQ | 43.9B | 21.9B | 6.4K | 2 | ||||
AKAM | 15.3B | 3.8B | 27.86 | 4 | ||||
FFIV | 10.6B | 2.8B | 22.9 | 3.76 | ||||
MID-CAP | ||||||||
ALTR | 6.5B | 612.7M | -729.3 | 10.62 | ||||
HCP | 4.6B | 583.1M | -24.02 | 7.85 | ||||
ACIW | 3.4B | 1.5B | 27.6 | 2.31 | ||||
APPN | 2.5B | 545.4M | -22.87 | 4.67 | ||||
SMALL-CAP | ||||||||
CSGS | 1.4B | 1.2B | 20.8 | 1.22 | ||||
ATEN | 957.3M | 251.7M | 23.95 | 3.8 | ||||
BAND | 449.5M | 601.1M | -27.5 | 0.75 | ||||
DTSS | 19.1M | 7.0M | -2.22 | 2.91 | ||||
BLIN | 12.8M | 15.6M | -1.28 | 0.82 |
WEX Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.8% | 663 | 651 | 621 | 612 | 619 | 616 | 598 | 518 | 497 | 483 | 459 | 411 | 399 | 382 | 347 | 432 | 440 | 460 | 442 | 382 | 381 |
Cost Of Revenue | 8.8% | 256 | 235 | 235 | 247 | 252 | 252 | 224 | 202 | 193 | 180 | 172 | 158 | 169 | 157 | 162 | 186 | 180 | 166 | 161 | 153 | 138 |
S&GA Expenses | 4.1% | 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 | 60.00 |
EBITDA Margin | - | 0.31* | - | 0.24* | 0.21* | 0.23* | 0.24* | 0.30* | 0.31* | 0.27* | 0.10* | 0.04* | 0.03* | - | - | - | - | - | - | - | - | - |
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 | 77.00 |
Income Taxes | -9.6% | 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 | 17.00 |
Earnings Before Taxes | 144.1% | 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 | 39.00 |
EBT Margin | -5.8% | 0.14* | 0.15* | 0.12* | 0.09* | 0.11* | 0.11* | 0.17* | 0.16* | 0.11* | -0.08* | -0.15* | - | - | - | - | - | - | - | - | - | - |
Net Income | 361.4% | 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 | 21.00 |
Net Income Margin | -3.1% | 0.10* | 0.11* | 0.08* | 0.06* | 0.07* | 0.06* | 0.11* | 0.10* | 0.07* | -0.08* | -0.15* | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 7028.7% | 720 | 10.00 | 38.00 | -3.50 | 535 | 398 | -174 | -192 | -62.78 | 93.00 | 77.00 | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.1% | 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 | 6,771 |
Current Assets | -2.2% | 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 | 3,398 |
Cash Equivalents | 1.9% | 976 | 958 | 901 | 922 | 922 | 759 | 439 | 578 | 589 | 534 | 425 | 561 | 852 | 1,522 | 1,272 | 861 | 811 | 531 | 768 | 387 | 541 |
Net PPE | 6.1% | 243 | 229 | 222 | 210 | 202 | 187 | 181 | 178 | 180 | 179 | 180 | 183 | 188 | 193 | 205 | 208 | 212 | 208 | 197 | 197 | 188 |
Goodwill | 7.8% | 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 | -1.2% | 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 | 4,975 |
Current Liabilities | -3.8% | 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 | 2,312 |
Long Term Debt | 6.7% | 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 | 2,134 |
LT Debt, Non Current | 6.7% | 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 | 2,134 |
Shareholder's Equity | 7.3% | 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 | 1,796 |
Retained Earnings | 5.1% | 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 | 1,482 |
Additional Paid-In Capital | 3.4% | 1,053 | 1,018 | 981 | 951 | 928 | 907 | 881 | 856 | 844 | 830 | 809 | 850 | 873 | 849 | 695 | 681 | 675 | 662 | 652 | 635 | 593 |
Accumulated Depreciation | -100.0% | - | 593 | 571 | 552 | 530 | 515 | 493 | 478 | 458 | 465 | 444 | 425 | 402 | 407 | 387 | 363 | 344 | 345 | 327 | 325 | 308 |
Shares Outstanding | -1.9% | 42.00 | 43.00 | 43.00 | 43.00 | 43.00 | 44.00 | 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 | 10.00 |
Float | - | - | - | 7,800 | - | - | - | 6,890 | - | - | - | 8,642 | - | - | - | 7,140 | - | - | - | 8,946 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 1538.5% | 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 | 213 |
Share Based Compensation | 7.5% | 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 | 9.00 |
Cashflow From Investing | -127.7% | -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 | -196 |
Cashflow From Financing | -155.7% | -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 | -21.77 |
Buy Backs | 210.3% | 151 | 49.00 | 3.00 | 101 | 133 | 69.00 | 81.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues | |||
Total revenues | $ 2,548.0 | $ 2,350.5 | $ 1,850.5 |
Cost of services | |||
Processing costs | 621.6 | 558.9 | 482.9 |
Service fees | 73.3 | 65.2 | 52.8 |
Provision for credit losses | 89.8 | 179.9 | 45.1 |
Operating interest | 84.2 | 20.6 | 9.2 |
Depreciation and amortization | 104.4 | 105.9 | 112.2 |
Total cost of services | 973.3 | 930.5 | 702.1 |
General and administrative | 428.0 | 343.9 | 326.9 |
Sales and marketing | 327.8 | 311.8 | 319.1 |
Depreciation and amortization | 171.8 | 158.0 | 160.5 |
Impairment charges | 0.0 | 136.5 | 0.0 |
Operating income | 647.1 | 469.8 | 342.0 |
Financing interest expense, net of financial instruments | (204.6) | (47.5) | (89.2) |
Net foreign currency gain (loss) | 4.9 | (22.7) | (12.3) |
Change in fair value of contingent consideration | (8.5) | (139.1) | (40.1) |
Loss on extinguishment of Convertible Notes | (70.1) | 0.0 | 0.0 |
Other income | 0.0 | 0.0 | 3.6 |
Income before income taxes | 368.8 | 260.5 | 203.9 |
Income tax provision | 102.2 | 93.1 | 67.8 |
Net income | 266.6 | 167.5 | 136.1 |
Less: Net income from non-controlling interests | 0.0 | 0.3 | 0.8 |
Net income attributable to WEX Inc. | 266.6 | 167.2 | 135.3 |
Change in value of redeemable non-controlling interest | 0.0 | 34.2 | (135.2) |
Net income attributable to shareholders | 266.6 | 201.4 | 0.1 |
Net income attributable to shareholders | $ 266.6 | $ 201.4 | $ 0.1 |
Net income attributable to shareholders per share: | |||
Basic (in dollars per share) | $ 6.23 | $ 4.54 | $ 0 |
Diluted (in dollars per share) | $ 6.16 | $ 4.50 | $ 0 |
Weighted average common shares outstanding: | |||
Basic (in shares) | 42.8 | 44.4 | 44.7 |
Diluted (in shares) | 43.3 | 44.7 | 45.3 |
Payment processing revenue | |||
Revenues | |||
Total revenues | $ 1,213.7 | $ 1,155.9 | $ 859.0 |
Account servicing revenue | |||
Revenues | |||
Total revenues | 646.4 | 569.3 | 526.9 |
Finance fee revenue | |||
Revenues | |||
Total revenues | 314.2 | 360.5 | 255.3 |
Other revenue | |||
Revenues | |||
Total revenues | $ 373.7 | $ 264.9 | $ 209.4 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 975.8 | $ 922.0 |
Restricted cash | 1,254.2 | 937.8 |
Accounts receivable, net | 3,428.5 | 3,275.7 |
Investment securities | 3,022.1 | 1,395.3 |
Securitized accounts receivable, restricted | 129.4 | 143.2 |
Prepaid expenses and other current assets | 125.3 | 143.3 |
Total current assets | 8,935.3 | 6,817.1 |
Property, equipment and capitalized software | 242.9 | 202.2 |
Goodwill | 3,015.7 | 2,728.9 |
Other intangible assets | 1,458.7 | 1,473.6 |
Investment securities | 66.8 | 48.0 |
Deferred income taxes, net | 13.7 | 13.4 |
Other assets | 149.0 | 246.0 |
Total assets | 13,882.1 | 11,529.2 |
Liabilities and Stockholders’ Equity | ||
Accounts payable | 1,479.1 | 1,365.8 |
Accrued expenses and other current liabilities | 802.7 | 643.9 |
Restricted cash payable | 1,253.5 | 937.1 |
Short-term deposits | 3,942.8 | 3,144.6 |
Short-term debt, net | 1,041.1 | 202.6 |
Total current liabilities | 8,519.2 | 6,294.1 |
Long-term debt, net | 2,827.5 | 2,522.2 |
Long-term deposits | 129.8 | 334.2 |
Deferred income taxes, net | 129.5 | 142.2 |
Other liabilities | 455.5 | 587.1 |
Total liabilities | 12,061.5 | 9,879.7 |
Commitments and contingencies (Note 20) | ||
Stockholders’ Equity | ||
Common stock $0.01 par value; 175.0 shares authorized; 49.9 shares issued in 2023 and 49.6 in 2022; 41.9 shares outstanding in 2023 and 43.2 in 2022 | 0.5 | 0.5 |
Additional paid-in capital | 1,053.0 | 928.0 |
Retained earnings | 1,757.1 | 1,490.5 |
Accumulated other comprehensive loss | (229.2) | (306.3) |
Treasury stock at cost; 8.0 and 6.3 shares in 2023 and 2022, respectively | (760.8) | (463.2) |
Total stockholders’ equity | 1,820.6 | 1,649.5 |
Total liabilities and stockholders’ equity | $ 13,882.1 | $ 11,529.2 |
 | Ms. Melissa D. Smith |
---|---|
 | wexinc.com |
 | Software - Infra |
 | 6100 |