WEX Inc (NYSE: WEX) kicked off on Tuesday, down -0.17% from the previous trading day, before settling in for the closing price of $209.73. Over the past 52 weeks, WEX has traded in a range of $161.95-$244.04.
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A company in the Technology sector has jumped its sales by 12.01% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 9.04%. With a float of $40.74 million, this company’s outstanding shares have now reached $41.90 million.
In an organization with 7200 employees, it is important to assess its efficiency.
WEX Inc (WEX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of WEX Inc is 0.83%, while institutional ownership is 100.66%. The most recent insider transaction that took place on Sep 13 ’24, was worth 101,600. In this transaction Chief Financial Officer of this company sold 508 shares at a rate of $200.00, taking the stock ownership to the 7,120 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 508 for $199.92, making the entire transaction worth $101,557.
WEX Inc (WEX) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 4.05 earnings per share (EPS), higher than consensus estimate (set at 3.68) by 0.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.53% during the next five years compared to 9.78% growth over the previous five years of trading.
WEX Inc (NYSE: WEX) Trading Performance Indicators
Take a look at WEX Inc’s (WEX) current performance indicators. Last quarter, stock had a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.26. Likewise, its price to free cash flow for the trailing twelve months is 17.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.79, a number that is poised to hit 4.44 in the next quarter and is forecasted to reach 18.47 in one year’s time.
Technical Analysis of WEX Inc (WEX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.5 million. That was better than the volume of 0.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.85%. Additionally, its Average True Range was 4.12.
During the past 100 days, WEX Inc’s (WEX) raw stochastic average was set at 95.53%, which indicates a significant increase from 91.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.88% in the past 14 days, which was lower than the 25.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $188.22, while its 200-day Moving Average is $201.19. However, in the short run, WEX Inc’s stock first resistance to watch stands at $211.06. Second resistance stands at $212.76. The third major resistance level sits at $214.51. If the price goes on to break the first support level at $207.61, it is likely to go to the next support level at $205.86. The third support level lies at $204.16 if the price breaches the second support level.
WEX Inc (NYSE: WEX) Key Stats
The company with the Market Capitalisation of 8.60 billion has total of 41,901K Shares Outstanding. Its annual sales at the moment are 2,548 M in contrast with the sum of 266,600 K annual income. Company’s last quarter sales were recorded 673,500 K and last quarter income was 77,000 K.
