|Bid||170.00 x 1000|
|Ask||200.75 x 900|
|Day's Range||182.13 - 184.01|
|52 Week Range||101.70 - 198.82|
|PE Ratio (TTM)||39.18|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||210.67|
WEX Inc. (WEX), a leading provider of corporate payment solutions (the “Company”), today announced that it is providing certain prospective lenders information for purposes of considering potential amendments to its credit facility, including increasing the commitments under the tranche A term loan and revolving credit loans by up to $25 million and $150 million, respectively, extending the maturity date of the Loans, reducing the interest rate applicable to revolving credit loans, modifying the leverage ratios for determining the applicable interest rate on the tranche A term loans, and modifying certain financial covenants (collectively, the “Potential Amendment and Extension”). There can be no assurance that the Company will be able to complete any such transaction, which would be subject to market and other customary conditions.
The acquisition of the majority stake in Levo Digital, through its Clemenger BBDO unit, is likely to boost Omnicom's (OMC) service offerings.
Fleets Can Increase Uptime Paying on Expanded WEX NetworkMore Service Providers Trust WEX to Serve Their Customers
Fidelity National's (FIS) rising revenues and strong capital position support its strategy to introduce innovative products. Yet, intense competition in the sector remains a headwind.
WEX (WEX) has renewed and expanded its agreement with Marathon Petroleum Corporation (MPC) to operate its commercial fuel card program. The multi-year agreement, which specifies WEX will provide Marathon Petroleum Corp. with sales and marketing resources to further drive Marathon’s retail growth, follows an initial five-year deal between the companies. Marathon Petroleum Corp. is a major oil refining, marketing and transportation company headquartered in Findlay, Ohio.
Wex (WEX) delivered earnings and revenue surprises of 2.45% and 1.33%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The South Portland, Maine-based company said it had profit of 90 cents per share. Earnings, adjusted for one-time gains and costs, were $2.09 per share. The results topped Wall Street expectations. The ...
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / WEX Inc. (NYSE: WEX ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 9:00 AM Eastern Time. To listen to ...
New issuance helps meet virtual card demands for business-to-business payments, reducing reliance on checks
WEX Inc. (WEX), a leading provider of corporate payment solutions, today announced it will report second quarter 2018 financial results before the market opens on August 2. From WEX, Melissa Smith, chief executive officer, and Roberto Simon, chief financial officer, will host a conference call that morning at 9:00 a.m. ET to discuss the company's results.
WEX Inc. (WEX), a leading provider of corporate payment solutions, released the results of a third-party survey to gauge views of the payments-processing ecosystem from chief financial officers and senior financial executives across the globe. The survey of more than 900 CFOs and senior financial executives from the U.S., Europe and Asia/Oceana revealed that strong faith in the cloud prevails in this group. Large majorities of surveyed executives (the lowest is Asia, with 76 percent) trust cloud-based systems more than locally hosted ERP/AP systems to keep account payables secure.