+Compare
WEX
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
7.47B

WEX WEX Forecast, Technical & Fundamental Analysis

a provider of payment processing and information management services

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for WEX with price predictions
07:00 PM EST Dec 07, 2023

WEX's RSI Indicator ascending out of oversold territory

The RSI Indicator for WEX moved out of oversold territory on November 01, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In of the 25 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on WEX as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for WEX just turned positive on November 10, 2023. Looking at past instances where WEX's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

WEX moved above its 50-day moving average on December 08, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WEX advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 303 cases where WEX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where WEX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The 50-day moving average for WEX moved below the 200-day moving average on November 21, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WEX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

WEX broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WEX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WEX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.427) is normal, around the industry mean (21.032). P/E Ratio (28.490) is within average values for comparable stocks, (159.368). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.584). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (3.060) is also within normal values, averaging (74.518).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NASDAQ:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NASDAQ:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NASDAQ:NOW), Uber Technologies (NASDAQ:UBER), Shopify (NASDAQ:SHOP), Palo Alto Networks (NASDAQ:PANW), NetEase (NASDAQ:NTES).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 9.19B. The market cap for tickers in the group ranges from 291 to 2.84T. MSFT holds the highest valuation in this group at 2.84T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -0%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 6%. SSNT experienced the highest price growth at 141%, while DTRK experienced the biggest fall at -80%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was -5% and the average quarterly volume growth was -2%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 72
Price Growth Rating: 53
SMR Rating: 83
Profit Risk Rating: 88
Seasonality Score: 20 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

WEX is expected to report earnings to fall 7.65% to $3.74 per share on February 08

WEX WEX Stock Earnings Reports
Q4'23
Est.
$3.74
Q3'23
Beat
by $0.29
Q2'23
Beat
by $0.11
Q1'23
Beat
by $0.10
Q4'22
Beat
by $0.22
The last earnings report on October 26 showed earnings per share of $4.05, beating the estimate of $3.76. With 428.44K shares outstanding, the current market capitalization sits at 7.47B.
A.I. Advisor
published General Information

General Information

a provider of payment processing and information management services

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
1 Hancock Street
Phone
+1 207 773-8171
Employees
6100
Web
https://www.wexinc.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
FTLS55.980.28
+0.50%
First Trust Long/Short Equity ETF
BKGI28.030.10
+0.37%
BNY Mellon Global Infras Inc ETF
SCHD72.520.12
+0.17%
Schwab US Dividend Equity ETF™
NJAN41.460.01
+0.02%
Innovator Growth-100 Pwr Buff ETF™ Jan
DBND45.23-0.18
-0.40%
DoubleLine Opportunistic Bond ETF

WEX and

Correlation & Price change

A.I.dvisor indicates that over the last year, WEX has been closely correlated with FLT. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if WEX jumps, then FLT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WEX
1D Price
Change %
WEX100%
+1.61%
FLT - WEX
69%
Closely correlated
+0.01%
SSNC - WEX
56%
Loosely correlated
+0.39%
EVTC - WEX
56%
Loosely correlated
+0.33%
RPAY - WEX
51%
Loosely correlated
+0.27%
QTWO - WEX
51%
Loosely correlated
+1.12%
More

Groups containing WEX

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WEX
1D Price
Change %
WEX100%
+1.61%
WEX
(undefined stocks)
90%
Closely correlated
+0.81%
payment processing
(undefined stocks)
81%
Closely correlated
+0.38%
outsourcing
(undefined stocks)
70%
Closely correlated
+0.16%
information
(undefined stocks)
66%
Closely correlated
+0.09%
data
(undefined stocks)
65%
Loosely correlated
-0.05%