Are Analysts Bullish about Wageworks Inc (NYSE:WAGE) after last week?

October 13, 2017 - By reb123z

 Are Analysts Bullish about Wageworks Inc (NYSE:WAGE) after last week?
Investors sentiment increased to 2.09 in Q2 2017. Its up 0.80, from 1.29 in 2017Q1. It increased, as 24 investors sold Wageworks Inc shares while 42 reduced holdings. 35 funds opened positions while 103 raised stakes. 39.93 million shares or 7.41% more from 37.18 million shares in 2017Q1 were reported.
Benjamin F Edwards & invested in 0% or 175 shares. Paradigm Asset Limited Liability Company holds 5,900 shares or 0% of its portfolio. 64,619 were accumulated by Svcs Automobile Association. Great West Life Assurance Can holds 57,678 shares. Wealthtrust reported 174 shares. Tru Of Vermont accumulated 75 shares. Moreover, Massachusetts Ma has 0% invested in Wageworks Inc (NYSE:WAGE). Guggenheim Capital Limited Liability Com holds 0% in Wageworks Inc (NYSE:WAGE) or 24,497 shares. 239,371 were reported by Goldman Sachs Gru. 300 were reported by Creative Planning. Renaissance Technology Ltd Liability Com has 0.08% invested in Wageworks Inc (NYSE:WAGE). Proshare Advsrs Ltd Liability has invested 0% in Wageworks Inc (NYSE:WAGE). Parametric Port Associate Ltd reported 142,765 shares or 0.01% of all its holdings. Fny Managed Accounts Limited Liability accumulated 7,000 shares or 4.73% of the stock. Pinebridge Invests Ltd Partnership stated it has 0.03% of its portfolio in Wageworks Inc (NYSE:WAGE).

Wageworks Inc (NYSE:WAGE) Ratings Coverage

Among 9 analysts covering WageWorks Inc (NYSE:WAGE), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. WageWorks Inc had 21 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 4 by SunTrust. As per Monday, July 17, the company rating was maintained by Stifel Nicolaus. Leerink Swann maintained the stock with “Outperform” rating in Monday, April 4 report. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 27. On Friday, February 24 the stock rating was maintained by Needham with “Buy”. The company was maintained on Thursday, June 9 by Standpoint Research. The stock of Wageworks Inc (NYSE:WAGE) has “Buy” rating given on Thursday, June 9 by Stifel Nicolaus. The company was maintained on Friday, February 19 by Needham. The firm earned “Buy” rating on Wednesday, November 30 by Chardan Capital Markets. The firm has “Buy” rating by Needham given on Friday, October 6. Below is a list of Wageworks Inc (NYSE:WAGE) latest ratings and price target changes.

06/10/2017 Broker: Needham Rating: Buy New Target: $82.0 Maintain
04/10/2017 Broker: SunTrust Rating: Buy New Target: $88.0 Maintain
03/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $85.0 Maintain
17/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $85.0000 Maintain
28/06/2017 Broker: JMP Securities Rating: Buy New Target: $82.0000

The stock decreased 0.93% or $0.6 during the last trading session, reaching $64.1. About 527,757 shares traded or 87.11% up from the average. Wageworks Inc (NYSE:WAGE) has risen 27.63% since October 13, 2016 and is uptrending. It has outperformed by 10.93% the S&P500.

WageWorks, Inc. is engaged in administering Consumer-Directed Benefits . The company has market cap of $2.54 billion. The Firm administers CBDs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act (COBRA) and other employee benefits. It has a 58.73 P/E ratio. The Company’s CDB programs assist employees and their families in saving money by using pre-tax dollars to pay for certain of their healthcare, dependent care and commuter expenses.

Another recent and important Wageworks Inc (NYSE:WAGE) news was published by Bizjournals.com which published an article titled: “WageWorks unveils huge renovated facility in South End (PHOTOS)” on September 20, 2017.

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