WEX Inc (WEX) EPS Estimated At $1.15

July 18, 2017 - By Peter Erickson

 WEX Inc (WEX) EPS Estimated At $1.15
Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.19, from 1.16 in 2016Q3. It fall, as 26 investors sold WEX Inc shares while 77 reduced holdings. 30 funds opened positions while 70 raised stakes. 44.95 million shares or 11.27% more from 40.40 million shares in 2016Q3 were reported.
Ontario – Canada-based Manufacturers Life Ins Com The has invested 0.01% in WEX Inc (NYSE:WEX). Rafferty Asset Lc has 0.01% invested in WEX Inc (NYSE:WEX) for 1,941 shares. 11,439 are held by Aperio Gp Limited Liability Com. Great West Life Assurance Can holds 0.01% or 21,824 shares in its portfolio. Hermes Investment Ltd holds 516,669 shares. Atlanta Cap L L C has invested 1.65% in WEX Inc (NYSE:WEX). Symphony Asset Mngmt Limited Liability holds 0.13% or 11,549 shares. Nomura Asset Management Ltd holds 0% or 230 shares. Blackrock Institutional Company Na owns 1.15 million shares. First Personal Finance Service has invested 0.03% in WEX Inc (NYSE:WEX). Ibm Retirement Fund owns 0.01% invested in WEX Inc (NYSE:WEX) for 3,081 shares. Invesco Limited has invested 0% in WEX Inc (NYSE:WEX). Ny State Common Retirement Fund holds 0.01% or 83,800 shares in its portfolio. Mason Street Advisors owns 17,951 shares or 0.05% of their US portfolio. Logan Capital Management holds 0.1% in WEX Inc (NYSE:WEX) or 11,392 shares.

Wall Street await WEX Inc (NYSE:WEX) to release earnings on July, 26. Analysts forecast EPS of $1.15, up exactly $0.15 or 15.00 % from 2014’s $1 EPS. The expected WEX’s profit could reach $49.34 million giving the stock 24.12 P/E in the case that $1.15 earnings per share is reported. After posting $1.13 EPS for the previous quarter, WEX Inc’s analysts now forecast 1.77 % EPS growth. The stock increased 0.36% or $0.4 during the last trading session, reaching $110.95. About 454,944 shares traded or 4.26% up from the average. WEX Inc (NYSE:WEX) has risen 13.96% since July 18, 2016 and is uptrending. It has underperformed by 2.74% the S&P500.

WEX Inc (NYSE:WEX) Ratings Coverage

Among 18 analysts covering WEX (NYSE:WEX), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. WEX had 39 analyst reports since August 14, 2015 according to SRatingsIntel. Mizuho initiated WEX Inc (NYSE:WEX) on Tuesday, June 27 with “Buy” rating. The stock of WEX Inc (NYSE:WEX) earned “Equal-Weight” rating by Morgan Stanley on Thursday, April 28. The stock of WEX Inc (NYSE:WEX) earned “Buy” rating by Jefferies on Monday, June 5. Credit Suisse downgraded WEX Inc (NYSE:WEX) on Monday, October 31 to “Neutral” rating. The firm has “Outperform” rating given on Tuesday, February 9 by Oppenheimer. The firm earned “Equal Weight” rating on Wednesday, August 19 by Barclays Capital. On Friday, April 28 the stock rating was upgraded by Credit Suisse to “Outperform”. Oppenheimer maintained the stock with “Outperform” rating in Monday, November 2 report. The stock of WEX Inc (NYSE:WEX) earned “Sell” rating by Zacks on Wednesday, August 26. The firm has “Buy” rating given on Monday, September 19 by Jefferies.

WEX Inc. is a provider of corporate payment solutions. The company has market cap of $4.76 billion. The Firm operates through three divisions: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. It has a 69.53 P/E ratio. The Fleet Solutions segment provides clients with payment and transaction processing services designed for the needs of commercial and government fleets.

More important recent WEX Inc (NYSE:WEX) news were published by: Businesswire.com which released: “WEX Inc. Reschedules Start Time of Second Quarter 2017 Results Conference Call” on July 14, 2017, also Streetinsider.com published article titled: “Mizuho Securities Starts WEX Inc. (WEX) at Buy”, Postandcourier.com published: “Charleston software firm hires a new chief financial officer” on July 17, 2017. More interesting news about WEX Inc (NYSE:WEX) was released by: Businesswire.com and their article: “WEX Inc. Completes Successful Term Loan Repricing” with publication date: July 03, 2017.

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