# WEX Inc. – Consensus ‘buy’ rating and 12.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/wex-inc.consensus-buy-rating-and-12.0-upside-potential/4121127577
- Published: 2023-09-19T13:35:57+01:00
- Author: Charlotte Edwards

**WEX Inc.** with ticker code (WEX) now have 13 market analysts covering the stock.
The analyst consensus now points to a rating of ‘buy’. The target price High/Low
ranges between 270 and 194 with the average target price sitting at $225.23. Given
that the stocks previous close was at $201.13 this is indicating there is a potential
upside of 12.0%. It’s also worth noting that there is a 50 day moving average of
$193.26 while the 200 day moving average is $181.34. The company has a market capitalization
of 8.66B. The stock price for the company is currently 201.62 USD

 The potential market cap would be $9,698,098,052 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 41.92, revenue per share of 56.8
and a 3.05% return on assets.

WEX Inc. provides a commerce platform that owns and operates a business-to-business
ecosystem. Its segments include Fleet Solutions, Travel and Corporate Solutions,
and Health and Employee Benefit Solutions. Its Fleet Solutions segment provides 
payment processing, transaction processing, and information management services 
specifically designed for the needs of fleets of all sizes from small businesses
to federal and state government fleets and over-the-road carriers. Its Travel and
Corporate Solutions segment focuses on the complex payment environment of business-
to-business payments, enabling customers to utilize its payments solutions to integrate
into their own workflows and manage their accounts payable automation and spend 
management functions. Its Health and Employee Benefit Solutions segment provides
SaaS software with embedded payment solutions and plan administration services for
consumer directed health benefits, COBRA accounts, and benefit enrollment and administration.

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