WEX Inc (WEX) poses a Brand-New Opportunity for Investors with beta value of 1.57

WEX Inc (NYSE: WEX) open the trading on Thursday, with a bit cautious approach as it glided -7.84% to $215.03, before settling in for the price of $233.31 at the close. Taking a more long-term approach, WEX posted a 52-week range of $161.95-$244.04.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 12.01%. Meanwhile, its Annual Earning per share during the time was 9.78%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.96%. This publicly-traded company’s shares outstanding now amounts to $41.90 million, simultaneously with a float of $41.41 million. The organization now has a market capitalization sitting at $8.97 billion. At the time of writing, stock’s 50-day Moving Average stood at $230.32, while the 200-day Moving Average is $200.33.

WEX Inc (WEX) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Infrastructure industry. WEX Inc’s current insider ownership accounts for 0.78%, in contrast to 101.32% institutional ownership. According to the most recent insider trade that took place on Mar 19 ’24, this organization’s Chief Financial Officer sold 309 shares at the rate of 233.24, making the entire transaction reach 72,071 in total value, affecting insider ownership by 5,528. Preceding that transaction, on Mar 05 ’24, Company’s Chief Financial Officer sold 1,725 for 221.07, making the whole transaction’s value amount to 381,346. This particular insider is now the holder of 1,759 in total.

WEX Inc (WEX) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/31/2023 suggests? It has posted 3.31 earnings per share (EPS) beating the forecaster’s viewpoint (set at 3.2) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.98 per share during the current fiscal year.

WEX Inc’s EPS increase for this current 12-month fiscal period is 9.96% and is forecasted to reach 18.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.41% through the next 5 years, which can be compared against the 9.78% growth it accomplished over the previous five years trading on the market.

WEX Inc (NYSE: WEX) Trading Performance Indicators

Let’s observe the current performance indicators for WEX Inc (WEX). It’s Quick Ratio in the last reported quarter now stands at 1.05. The Stock has managed to achieve an average true range (ATR) of 5.64. Alongside those numbers, its PE Ratio stands at $34.94, and its Beta score is 1.57. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.47. Similarly, its price to free cash flow for trailing twelve months is now 15.35.

In the same vein, WEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.15, a figure that is expected to reach 3.88 in the next quarter, and analysts are predicting that it will be 18.60 at the market close of one year from today.

Technical Analysis of WEX Inc (WEX)

[WEX Inc, WEX] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 29.71% While, its Average True Range was 6.34.

Raw Stochastic average of WEX Inc (WEX) in the period of the previous 100 days is set at 57.28%, which indicates a major rise in contrast to 10.15% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.64% that was higher than 23.33% volatility it exhibited in the past 100-days period.