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WEX (WEX)

(Real Time Quote from BATS)

$173.59 USD

173.59
63,892

+1.92 (1.12%)

Updated Dec 26, 2024 12:38 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.35%
2Buy18.11%
3Hold9.74%
4Sell5.34%
5Strong Sell2.80%
S&P50011.41%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value F Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 28% (70 out of 249)

Industry: Financial Transaction Services

Balance Sheet

Research for WEX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for WEX Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 5,252 3,255 2,206 1,330 981
Receivables 3,558 3,419 3,016 2,087 2,773
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 125 143 78 87 88
Total Current Assets 8,935 6,817 5,300 3,503 3,842
Net Property & Equipment 243 202 180 188 212
Investments & Advances 67 48 40 37 30
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 14 13 6 18 13
Intangibles 4,474 4,202 4,551 4,240 4,016
Deposits & Other Assets 149 246 231 197 184
Total Assets 13,882 11,529 10,307 8,183 8,298
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 1,041 203 156 153 249
Accounts Payable 1,479 1,366 1,022 778 970
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 803 644 477 362 316
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 5,196 4,082 2,745 1,447 1,516
Total Current Liabilities 8,519 6,294 4,400 2,741 3,050
Mortgages 0 0 0 0 0
Deferred Taxes/Income 130 142 193 220 219
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,828 2,522 2,695 2,874 2,687
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 585 921 926 313 250
Minority Interest (Liabilities) 0 0 254 117 157
Total Liabilities 12,062 9,880 8,468 6,265 6,362
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 0 0 0
Capital Surplus 1,053 928 844 873 675
Retained Earnings 1,757 1,491 1,289 1,287 1,539
Other Equity -229 -306 -123 -70 -106
Treasury Stock 761 463 172 172 172
Total Shareholder's Equity 1,821 1,650 1,839 1,918 1,937
Total Liabilities & Shareholder's Equity 13,882 11,529 10,307 8,183 8,298
Total Common Equity 1,821 1,650 1,839 1,918 1,937
Shares Outstanding 42.70 43.50 44.80 44.10 43.20
Book Value Per Share 42.64 37.92 41.04 43.49 44.83

Fiscal Year End for WEX Inc falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents 5,034 5,101 5,387 5,252 4,742
Receivables 3,904 4,105 4,001 3,558 4,201
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 171 177 147 125 189
Total Current Assets 9,109 9,383 9,535 8,935 9,132
Net Property & Equipment 261 257 250 243 229
Investments & Advances 74 66 66 67 47
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 16 15 15 14 12
Intangibles 4,339 4,368 4,410 4,474 4,240
Deposits & Other Assets 162 158 147 149 241
Total Assets 13,961 14,247 14,422 13,882 13,900
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable 1,435 1,249 1,113 1,041 957
Accounts Payable 1,366 1,734 1,824 1,479 1,743
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 680 703 671 803 745
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 5,237 5,384 5,377 5,196 5,411
Total Current Liabilities 8,718 9,070 8,986 8,519 8,856
Mortgages 0 0 0 0 0
Deferred Taxes/Income 138 133 133 130 141
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,143 2,960 3,082 2,828 2,650
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 285 444 585 557
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 12,284 12,463 12,644 12,062 12,204
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 1,068 1,100 1,065 1,053 1,018
Retained Earnings 2,003 1,900 1,823 1,757 1,672
Other Equity -146 -281 -277 -229 -386
Treasury Stock 1,248 935 834 761 609
Total Shareholder's Equity 1,678 1,784 1,778 1,821 1,696
Total Liabilities & Shareholder's Equity 13,961 14,247 14,422 13,882 13,900
Total Common Equity 1,678 1,784 1,778 1,821 1,696
Shares Outstanding 39.70 41.00 41.90 42.70 42.70
Book Value Per Share 42.25 43.50 42.43 42.64 39.73