How to Buy Wex Stock
Wex Inc
Wex is a software infrastructure company located in Maine, United States, which is part of the Technology sector, and is traded under the ticker WEX on the NYSE exchange.
Wex stock last closed at $124.02, up 2.95% from the previous day, and has decreased 46.23% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.23 percentage points. Wex stock is currently +12.29% from its 52-week low of $110.45, and -47.27% from its 52-week high of $235.20.
As of Apr 22, 2025, there are 38.82M shares of WEX outstanding. The market value of WEX is $4.81B. In the last 24 hours, 626,563 WEX shares were traded.
How to Buy Wex Stock
Wondering how to invest in Wex stock? Here's how.
- Decide where to buy Wex stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Wex stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Wex stock: The Wex ticker symbol is WEX. Is Wex stock a good investment? Should you buy shares of WEX? How do WEX's underlying business fundamentals look? Do top analysts think Wex is a good buy? Why has WEX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if WEX is a good stock to buy).
- Execute your WEX purchase: Decide if you will purchase WEX shares at the current market price or use a limit order to buy WEX shares at a particular price.
- Monitor your WEX position: Create a watchlist to the latest updates on your new investment in Wex shares.
Step 1: Decide where to buy Wex stock
You need a brokerage account in order to access the NYSE market and buy WEX stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to invest in WEX stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of depositing money into your investment account.
Step 4: Research Wex stock
After you have selected the best place to buy Wex stock, it's very important to evaluate their stock before you invest, so you actually understand the risk and opportunity.
Overview of key WEX info
WEX Overview
WallStreetZen was created to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on WEX's stock page.
Is WEX stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge WEX's true value.
Using relative valuations ratios:
- WEX may be undervalued based on its P/E ratio of 16.34x, relative to Software - Infrastructure industry P/E ratio of -60.86x
- WEX could be undervalued based on its P/B ratio of 3.23x, relative to Software - Infrastructure industry P/B ratio of 9.52x
- WEX could be undervalued based on its PEG ratio of 0.49x
You can do additional valuation analysis on WEX's stock here.
How do WEX Financials look?
Passed Financial Due Diligence Checks:
- WEX profit margin has gone up from 10.5% to 11.8% in the past year.
- There are more short-term assets than long-term liabilities on the WEX balance sheet.
- There are more short-term assets than short-term liabilities on the WEX balance sheet.
Failed Financial Due Diligence Checks:
- WEX has a relatively high debt to equity ratio of 7.95.
- Total WEX debt is higher than 5 years ago, relative to shareholder equity.
- WEX's operating cash flow of $481.40M allows it to safely service it's debt of $4.38B.
- WEX earnings of $653.70M is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy WEX stock
Out of 8 Equities analysts who give forecasts on WEX, the consensus analyst rating on WEX is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest WEX Analyst Forecasts
Trevor Williams, a top 11% analyst from Jefferies maintains WEX with a hold rating and raises their WEX price target from $180.00 to $190.00, on Jan 22, 2025.
Ashwin Shirvaikar, a top 16% analyst from Citigroup downgrades WEX to a hold rating and lowers their WEX price target from $260.00 to $190.00, on Jan 14, 2025.
David Koning, a top 5% analyst from Baird maintains WEX with a buy rating and lowers their WEX price target from $285.00 to $230.00, on Oct 25, 2024.
You can dive deeper into what analysts are projecting on the Wex stock forecast page.
Metrics for Advanced WEX Traders
How are WEX Revenues/Earnings doing?
Last year, WEX earnings were $309.60M. During the last five year, WEX's earnings have gone up by 27.08% per year. This was slower than the Software - Infrastructure industry average of 35.8%.
Last year, WEX revenue was $2.63B. During the last five year, WEX's revenue has increased by 8.8% per year. This was slower than the Software - Infrastructure industry average of 17.41%.
Learn more about WEX's earnings and revenue performance here.
Are WEX insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at WEX have sold more shares than they have bought.
Carlos Carriedo, COO Amer. Payments Mobility of WEX, was the latest WEX insider to sell. They sold $29,739.37 worth of WEX stock on Mar 15, 2025.
Research more about who owns WEX stock here.
Does WEX stock generate passive income?
No, Wex doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your WEX purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your WEX position
Now that you own some WEX shares, you'll want to stay up-to-date on your investment.
Create a watchlist to get notified of the latest news about your WEX stock.
WEX Feed
How to Buy Stock in Wex
To summarize, here are the 6 steps to buy Wex stock:
- Decide where to buy Wex stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Wex stock
- Execute your WEX purchase
- Monitor your WEX position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Wex, create a watchlist today.
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