Wex Inc Stock Beta

WEX Stock

USD 232.94 2.94 1.25%

Wex Inc fundamentals help investors to digest information that contributes to Wex's financial success or failures. It also enables traders to predict the movement of Wex Stock. The fundamental analysis module provides a way to measure Wex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wex stock.

Total Current Liabilities Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Wex Inc Company Beta Analysis

Wex's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Wex Beta

1.59

Most of Wex's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wex Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wex Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Wex is extremely important. It helps to project a fair market value of Wex Stock properly, considering its historical fundamentals such as Beta. Since Wex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wex's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Total Liab	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.66	1.0	0.05	0.64	0.67	0.97	0.89	0.77	0.96	0.84	0.97	0.19	0.87	-0.42	0.92	-0.63	-0.9	0.89	0.97	0.15	0.35	-0.45	0.86	0.81	-0.87	0.81
Total Stockholder Equity	0.66		0.6	0.49	0.96	0.93	0.65	0.73	0.87	0.8	0.19	0.5	0.14	0.86	-0.59	0.81	-0.85	-0.79	0.73	0.71	0.71	-0.01	-0.84	0.73	0.47	-0.67	0.14
Total Liab	1.0	0.6		-0.02	0.57	0.62	0.97	0.86	0.75	0.94	0.88	0.99	0.19	0.83	-0.39	0.89	-0.57	-0.87	0.87	0.95	0.07	0.4	-0.38	0.84	0.82	-0.86	0.84
Current Deferred Revenue	0.05	0.49	-0.02		0.53	0.26	-0.01	0.28	0.19	0.28	-0.32	-0.12	-0.22	0.35	-0.27	0.14	-0.4	-0.34	0.27	0.13	0.78	-0.23	-0.5	0.08	0.05	-0.14	-0.18
Net Debt	0.64	0.96	0.57	0.53		0.85	0.6	0.7	0.78	0.8	0.15	0.45	0.2	0.9	-0.48	0.8	-0.82	-0.84	0.69	0.71	0.77	-0.09	-0.91	0.66	0.41	-0.61	0.15
Retained Earnings	0.67	0.93	0.62	0.26	0.85		0.67	0.64	0.92	0.74	0.28	0.55	0.26	0.75	-0.68	0.81	-0.88	-0.69	0.64	0.64	0.49	0.0	-0.66	0.69	0.45	-0.61	0.15
Accounts Payable	0.97	0.65	0.97	-0.01	0.6	0.67		0.87	0.81	0.92	0.8	0.95	0.09	0.83	-0.45	0.87	-0.6	-0.87	0.88	0.93	0.09	0.4	-0.46	0.87	0.74	-0.88	0.77
Long Term Debt	0.89	0.73	0.86	0.28	0.7	0.64	0.87		0.7	0.93	0.62	0.81	-0.19	0.88	-0.31	0.88	-0.58	-0.89	1.0	0.92	0.4	0.29	-0.57	0.91	0.8	-0.97	0.66
Net Receivables	0.77	0.87	0.75	0.19	0.78	0.92	0.81	0.7		0.79	0.46	0.7	0.16	0.76	-0.6	0.78	-0.74	-0.77	0.7	0.73	0.3	0.3	-0.61	0.77	0.53	-0.71	0.29
Good Will	0.96	0.8	0.94	0.28	0.8	0.74	0.92	0.93	0.79		0.67	0.87	0.15	0.96	-0.47	0.95	-0.73	-0.97	0.93	0.97	0.4	0.23	-0.63	0.87	0.77	-0.88	0.69
Short Term Investments	0.84	0.19	0.88	-0.32	0.15	0.28	0.8	0.62	0.46	0.67		0.93	0.19	0.5	-0.14	0.62	-0.2	-0.58	0.63	0.75	-0.35	0.55	0.06	0.62	0.79	-0.66	0.91
Total Current Assets	0.97	0.5	0.99	-0.12	0.45	0.55	0.95	0.81	0.7	0.87	0.93		0.17	0.74	-0.34	0.83	-0.48	-0.79	0.82	0.9	-0.08	0.46	-0.25	0.81	0.82	-0.83	0.88
Short Term Debt	0.19	0.14	0.19	-0.22	0.2	0.26	0.09	-0.19	0.16	0.15	0.19	0.17		0.17	-0.3	0.25	-0.34	-0.08	-0.18	0.12	-0.04	-0.22	-0.06	-0.09	0.02	0.26	0.12
Intangible Assets	0.87	0.86	0.83	0.35	0.9	0.75	0.83	0.88	0.76	0.96	0.5	0.74	0.17		-0.37	0.93	-0.74	-0.97	0.88	0.93	0.57	0.11	-0.79	0.83	0.67	-0.82	0.54
Common Stock	-0.42	-0.59	-0.39	-0.27	-0.48	-0.68	-0.45	-0.31	-0.6	-0.47	-0.14	-0.34	-0.3	-0.37		-0.47	0.79	0.33	-0.31	-0.31	-0.26	0.1	0.29	-0.26	-0.18	0.24	-0.15
Property Plant Equipment	0.92	0.81	0.89	0.14	0.8	0.81	0.87	0.88	0.78	0.95	0.62	0.83	0.25	0.93	-0.47		-0.79	-0.89	0.88	0.92	0.43	0.04	-0.64	0.83	0.71	-0.82	0.62
Treasury Stock	-0.63	-0.85	-0.57	-0.4	-0.82	-0.88	-0.6	-0.58	-0.74	-0.73	-0.2	-0.48	-0.34	-0.74	0.79	-0.79		0.67	-0.58	-0.59	-0.58	0.29	0.67	-0.5	-0.3	0.47	-0.24
Net Tangible Assets	-0.9	-0.79	-0.87	-0.34	-0.84	-0.69	-0.87	-0.89	-0.77	-0.97	-0.58	-0.79	-0.08	-0.97	0.33	-0.89	0.67		-0.89	-0.94	-0.45	-0.24	0.72	-0.85	-0.7	0.86	-0.6
Long Term Debt Total	0.89	0.73	0.87	0.27	0.69	0.64	0.88	1.0	0.7	0.93	0.63	0.82	-0.18	0.88	-0.31	0.88	-0.58	-0.89		0.92	0.39	0.3	-0.56	0.91	0.81	-0.97	0.67
Capital Surpluse	0.97	0.71	0.95	0.13	0.71	0.64	0.93	0.92	0.73	0.97	0.75	0.9	0.12	0.93	-0.31	0.92	-0.59	-0.94	0.92		0.28	0.33	-0.59	0.9	0.8	-0.9	0.75
Deferred Long Term Liab	0.15	0.71	0.07	0.78	0.77	0.49	0.09	0.4	0.3	0.4	-0.35	-0.08	-0.04	0.57	-0.26	0.43	-0.58	-0.45	0.39	0.28		-0.45	-0.79	0.26	0.1	-0.26	-0.22
Long Term Investments	0.35	-0.01	0.4	-0.23	-0.09	0.0	0.4	0.29	0.3	0.23	0.55	0.46	-0.22	0.11	0.1	0.04	0.29	-0.24	0.3	0.33	-0.45		0.22	0.44	0.53	-0.43	0.35
Short Long Term Debt	-0.45	-0.84	-0.38	-0.5	-0.91	-0.66	-0.46	-0.57	-0.61	-0.63	0.06	-0.25	-0.06	-0.79	0.29	-0.64	0.67	0.72	-0.56	-0.59	-0.79	0.22		-0.53	-0.15	0.49	-0.01
Cash And Equivalents	0.86	0.73	0.84	0.08	0.66	0.69	0.87	0.91	0.77	0.87	0.62	0.81	-0.09	0.83	-0.26	0.83	-0.5	-0.85	0.91	0.9	0.26	0.44	-0.53		0.81	-0.95	0.56
Net Invested Capital	0.81	0.47	0.82	0.05	0.41	0.45	0.74	0.8	0.53	0.77	0.79	0.82	0.02	0.67	-0.18	0.71	-0.3	-0.7	0.81	0.8	0.1	0.53	-0.15	0.81		-0.81	0.7
Net Working Capital	-0.87	-0.67	-0.86	-0.14	-0.61	-0.61	-0.88	-0.97	-0.71	-0.88	-0.66	-0.83	0.26	-0.82	0.24	-0.82	0.47	0.86	-0.97	-0.9	-0.26	-0.43	0.49	-0.95	-0.81		-0.64
Capital Stock	0.81	0.14	0.84	-0.18	0.15	0.15	0.77	0.66	0.29	0.69	0.91	0.88	0.12	0.54	-0.15	0.62	-0.24	-0.6	0.67	0.75	-0.22	0.35	-0.01	0.56	0.7	-0.64

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Wex

In accordance with the recently published financial statements, Wex Inc has a Beta of 1.586. This is 49.62% higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

Wex Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wex's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wex could also be used in its relative valuation, which is a method of valuing Wex by comparing valuation metrics of similar companies.

Wex is currently under evaluation in beta category among related companies.

Wex Institutional Holders

Institutional Holdings refers to the ownership stake in Wex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wex's value.

		Shares
River Road Asset Management, Llc	2023-12-31	727.5 K
Geode Capital Management, Llc	2023-12-31	669 K
Neuberger Berman Group Llc	2023-12-31	640.1 K
Brown Advisory Holdings Inc	2023-12-31	617 K
Bank Of America Corp	2023-12-31	582.9 K
Fmr Inc	2023-12-31	468.5 K
Norges Bank	2023-12-31	461.3 K
Primecap Management Company	2023-12-31	454.6 K
Goldman Sachs Group Inc	2023-12-31	444.7 K
Vanguard Group Inc	2023-12-31	4.2 M
Hhg Plc	2023-12-31	4.1 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wex will likely underperform.

Wex Fundamentals

	Return On Equity	0.15
	Return On Asset	0.0321
	Profit Margin	0.10 %
	Operating Margin	0.25 %
	Current Valuation	9.67 B
	Shares Outstanding	41.73 M
	Shares Owned By Insiders	0.55 %
	Shares Owned By Institutions	99.45 %
	Number Of Shares Shorted	843.89 K
	Price To Earning	68.45 X
	Price To Book	5.41 X
	Price To Sales	3.86 X
	Revenue	1.2 M
	Gross Profit	1.73 B
	EBITDA	14.81 M
	Net Income	266.6 M
	Cash And Equivalents	921.98 M
	Cash Per Share	50.02 X
	Total Debt	3.95 B
	Debt To Equity	1.84 %
	Current Ratio	1.12 X
	Book Value Per Share	43.45 X
	Cash Flow From Operations	912 M
	Short Ratio	3.42 X
	Earnings Per Share	6.15 X
	Price To Earnings To Growth	1.52 X
	Target Price	246.83
	Number Of Employees	7.2 K
	Beta	1.59
	Market Capitalization	9.84 B
	Total Asset	13.88 B
	Retained Earnings	1.76 B
	Working Capital	416.1 M
	Current Asset	1.88 B
	Current Liabilities	1.41 B
	Net Asset	13.88 B

About Wex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wex Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wex Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Wex Investors Sentiment

The influence of Wex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Wex's public news can be used to forecast risks associated with an investment in Wex. The trend in average sentiment can be used to explain how an investor holding Wex can time the market purely based on public headlines and social activities around Wex Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Wex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wex.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wex's short interest history, or implied volatility extrapolated from Wex options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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When determining whether Wex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wex Inc Stock:

How To Invest In Wex

Details

Is Wex Stock a good investment?

Details

What is Wex's Net Worth?

Details

Largest Data Processing & Outsourced Services Companies

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Largest Software - Infrastructure Companies

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Check out Wex Piotroski F Score and Wex Altman Z Score analysis.

Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Wex Stock analysis

When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.

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Is Wex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wex. If investors know Wex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.01)

Earnings Share

6.15

Revenue Per Share

59.533

Quarterly Revenue Growth

0.072

Return On Assets

0.0321

The market value of Wex Inc is measured differently than its book value, which is the value of Wex that is recorded on the company's balance sheet. Investors also form their own opinion of Wex's value that differs from its market value or its book value, called intrinsic value, which is Wex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wex's market value can be influenced by many factors that don't directly affect Wex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Wex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Wex Inc Stock Beta

Wex Inc Company Beta Analysis

Beta

Covariance

Variance

Current Wex Beta

Wex Beta Driver Correlations

Wex Beta Peer Comparison

Wex Institutional Holders

Wex Fundamentals

About Wex Fundamental Analysis

Wex Investors Sentiment

Also Currently Popular

Complementary Tools for Wex Stock analysis

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