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Recommendations
Wex price target lowered to $205 from $235 at Mizuho » 06:50
11/02/21
11/02
06:50
11/02/21
06:50
WEX

Wex

$153.84 /

+3.98 (+2.66%)

Mizuho analyst Dan Dolev…

Mizuho analyst Dan Dolev lowered the firm's price target on Wex to $205 from $235 and keeps a Buy rating on the shares. There were many positives that came from Wex's results last week, but the net processing rate for business-to-business virtual cards declined to 0.62%, Dolev tells investors in a research note.

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WEX Wex
$153.84 /

+3.98 (+2.66%)

WEX Wex
$153.84 /

+3.98 (+2.66%)

11/01/21 Barclays
Wex price target lowered to $210 from $250 at Barclays
10/29/21 Truist
Wex price target lowered to $180 from $220 at Truist
10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
WEX Wex
$153.84 /

+3.98 (+2.66%)

Recommendations
Wex price target lowered to $210 from $250 at Barclays » 06:38
11/01/21
11/01
06:38
11/01/21
06:38
WEX

Wex

$149.62 /

-11.15 (-6.94%)

Barclays analyst Ramsey…

Barclays analyst Ramsey El-Assal lowered the firm's price target on Wex to $210 from $250 and keeps an Overweight rating on the shares.

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WEX Wex
$149.62 /

-11.15 (-6.94%)

WEX Wex
$149.62 /

-11.15 (-6.94%)

10/29/21 Truist
Wex price target lowered to $180 from $220 at Truist
10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
WEX Wex
$149.62 /

-11.15 (-6.94%)

Recommendations
Wex price target lowered to $180 from $220 at Truist » 09:48
10/29/21
10/29
09:48
10/29/21
09:48
WEX

Wex

$157.69 /

-3.08 (-1.92%)

Truist analyst Andrew…

Truist analyst Andrew Jeffrey lowered the firm's price target on Wex to $180 from $220 and keeps a Hold rating on the shares after its Q3 results. The company has been punished by "lower yield", the analyst tells investors in a research note, adding that while the stock's discount valuation may seem "punitive", the continued travel recovery creating more yield pressure, combined with long-term pricing and share concerns, is too much for Wex to overcome.

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WEX Wex
$157.69 /

-3.08 (-1.92%)

WEX Wex
$157.69 /

-3.08 (-1.92%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$157.69 /

-3.08 (-1.92%)

Earnings
Wex sees 2021 adjusted EPS $8.81-$9.01, consensus $ » 06:30
10/28/21
10/28
06:30
10/28/21
06:30
WEX

Wex

$184.29 /

-8.12 (-4.22%)

Sees 2021 revenue…

Sees 2021 revenue $1.82B-$1.84B, consensus $1.83B.

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WEX Wex
$184.29 /

-8.12 (-4.22%)

WEX Wex
$184.29 /

-8.12 (-4.22%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$184.29 /

-8.12 (-4.22%)

Earnings
Wex sees Q4 adjusted EPS $2.25-$2.45, consensus $2.24 » 06:28
10/28/21
10/28
06:28
10/28/21
06:28
WEX

Wex

$184.29 /

-8.12 (-4.22%)

Sees Q4 revenue…

Sees Q4 revenue $468M-$483M, consensus $478.93M.

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WEX Wex
$184.29 /

-8.12 (-4.22%)

WEX Wex
$184.29 /

-8.12 (-4.22%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$184.29 /

-8.12 (-4.22%)

Earnings
Wex reports Q3 non-GAAP EPS $2.45, consensus $2.27 » 06:28
10/28/21
10/28
06:28
10/28/21
06:28
WEX

Wex

$184.29 /

-8.12 (-4.22%)

Reports Q3 revenue…

Reports Q3 revenue $482.8M, consensus $475.5M. "We delivered impressive results in Q3 driven by recovering customer spend patterns from the COVID impacted lows and implementation of new customer wins coming from continued success in the marketplace. Importantly, total purchase volume processed across the Company reached an all-time high of $26 billion up 93% as we continue to capitalize on these positive trends," said CEO Melissa Smith. "The strategic investments we have made over the last few years to expand our modern commerce platform are paying dividends. Our proven track record coupled with market-leading innovation, integrated solutions, and digital marketing engine is resonating in the marketplace and underpinning our impressive results. Payment ecosystems can be complex, which is why we work to seamlessly integrate into our customer's workflows and create an intelligent, secure, highly scalable, and resilient infrastructure. We are excited about the growth opportunities ahead and remain committed to driving long-term shareholder value while delivering for our customers."

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WEX Wex
$184.29 /

-8.12 (-4.22%)

WEX Wex
$184.29 /

-8.12 (-4.22%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$184.29 /

-8.12 (-4.22%)

Earnings
Wex sees Q4 adjusted EPS $2.25-$2.45, consensus $2.24 » 06:28
10/28/21
10/28
06:28
10/28/21
06:28
WEX

Wex

$184.29 /

-8.12 (-4.22%)

Sees Q4 revenue…

Sees Q4 revenue $468M-$483M, consensus $478.93M.

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WEX Wex
$184.29 /

-8.12 (-4.22%)

WEX Wex
$184.29 /

-8.12 (-4.22%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$184.29 /

-8.12 (-4.22%)

Hot Stocks
Wex names Robert Deshaies as COO, Americas » 06:27
10/28/21
10/28
06:27
10/28/21
06:27
WEX

Wex

$184.29 /

-8.12 (-4.22%)

WEX announced a…

WEX announced a reorganization of its Executive Leadership Team to better serve its customers with solutions that maximize efficiency and enable better integration across the company's expansive and world-class payments and tech platform. As part of the reorganization, which will be effective January 1, 2022, Robert Deshaies has been appointed COO, Americas. In this newly created role, Deshaies will oversee the strategic growth of, and collaboration across, Fleet, Health, Corporate Payments and Travel in the Americas. Deshaies joined WEX in 2014 and previously served as president of WEX's health division, where he has been responsible for the growth and integration of the business through management of sales, marketing, business development, operations, product marketing, and customer experience. In the coming months, the company also expects to name a Chief Operating Officer, EMEA and APAC, to lead the company's strategic growth internationally, as well as a Chief Digital Officer to expand digital commerce and product development opportunities.

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WEX Wex
$184.29 /

-8.12 (-4.22%)

WEX Wex
$184.29 /

-8.12 (-4.22%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$184.29 /

-8.12 (-4.22%)

Earnings
Wex reports Q3 non-GAAP EPS $2.45, consensus $2.27 » 06:27
10/28/21
10/28
06:27
10/28/21
06:27
WEX

Wex

$184.29 /

-8.12 (-4.22%)

Reports Q3 revenue…

Reports Q3 revenue $482.8M, consensus $475.5M. "We delivered impressive results in Q3 driven by recovering customer spend patterns from the COVID impacted lows and implementation of new customer wins coming from continued success in the marketplace. Importantly, total purchase volume processed across the Company reached an all-time high of $26 billion up 93% as we continue to capitalize on these positive trends," said CEO Melissa Smith. "The strategic investments we have made over the last few years to expand our modern commerce platform are paying dividends. Our proven track record coupled with market-leading innovation, integrated solutions, and digital marketing engine is resonating in the marketplace and underpinning our impressive results. Payment ecosystems can be complex, which is why we work to seamlessly integrate into our customer's workflows and create an intelligent, secure, highly scalable, and resilient infrastructure. We are excited about the growth opportunities ahead and remain committed to driving long-term shareholder value while delivering for our customers."

ShowHide Related Items >><<
WEX Wex
$184.29 /

-8.12 (-4.22%)

WEX Wex
$184.29 /

-8.12 (-4.22%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$184.29 /

-8.12 (-4.22%)

Hot Stocks
Element Fleet, ChargePoint, Wex collaborate for nationwide EV charging access » 08:43
10/13/21
10/13
08:43
10/13/21
08:43
ELEEF

Element Fleet

$10.73 /

+1.09 (+11.31%)

, CHPT

ChargePoint

$19.99 /

+0.935 (+4.91%)

, WEX

Wex

$178.39 /

+2.38 (+1.35%)

Element Fleet Management…

Element Fleet Management Corp. (ELEEF) announced its relationship with ChargePoint (CHPT) and WEX (WEX) to provide Element clients with access to ChargePoint's growing nationwide charging network. This strategic relationship provides a consolidated billing system for charging and fueling across client fleets, integrated with Element's advanced analytics and dashboard reporting platform.

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WEX Wex
$178.39 /

+2.38 (+1.35%)

CHPT ChargePoint
$19.99 /

+0.935 (+4.91%)

ELEEF Element Fleet
$10.73 /

+1.09 (+11.31%)

07/29/21 CIBC
Element Fleet price target lowered to C$15.50 from C$16 at CIBC
07/28/21 Scotiabank
Element Fleet price target lowered to C$15 from C$16 at Scotiabank
05/12/21 RBC Capital
Element Fleet price target raised to C$19 from C$18 at RBC Capital
05/12/21 Raymond James
Element Fleet price target raised to C$17.50 from C$14.50 at Raymond James
CHPT ChargePoint
$19.99 /

+0.935 (+4.91%)

09/23/21 Fox Advisors
ChargePoint initiated with an Equal Weight at Fox Advisors
09/08/21 BofA
ChargePoint initiated with a Neutral at BofA
09/02/21 Jefferies
ChargePoint price target lowered to $36 from $40 at Jefferies
08/01/21 Goldman Sachs
ChargePoint initiated with a Neutral at Goldman Sachs
WEX Wex
$178.39 /

+2.38 (+1.35%)

10/13/21 BofA
Wex upgraded to Buy from Neutral at BofA
08/17/21 JPMorgan
Wex price target lowered to $198 from $223 at JPMorgan
08/02/21 Mizuho
Wex price target raised to $235 from $225 at Mizuho
08/02/21 Barclays
Wex price target lowered to $250 from $270 at Barclays
WEX Wex
$178.39 /

+2.38 (+1.35%)

CHPT ChargePoint
$19.99 /

+0.935 (+4.91%)

  • 15
    Jul
CHPT ChargePoint
$19.99 /

+0.935 (+4.91%)

CHPT ChargePoint
$19.99 /

+0.935 (+4.91%)

CHPT ChargePoint
$19.99 /

+0.935 (+4.91%)

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