# WEX Inc. – Consensus ‘buy’ rating and 23.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/wex-inc.consensus-buy-rating-and-23.1-upside-potential/4121130882
- Published: 2023-10-26T14:58:28+01:00
- Author: Charlotte Edwards

**WEX Inc.** with ticker code (WEX) now have 13 analysts in total covering the stock.
The consensus rating is pointing to ‘buy’. The range between the high target price
and low target price is between 275 and 194 calculating the mean target price we
have $230.08. Now with the previous closing price of $186.83 and the analysts are
correct then there would likely be a percentage uptick in value of 23.1%. It’s also
worth noting that there is a 50 day moving average of $191.94 while the 200 day 
moving average is $184.95. The company has a market cap of 7.75B. The stock price
is currently at: 180.45 USD

 The potential market cap would be $9,545,369,607 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 37.75, 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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