Activist investor Impactive Capital has selected a handful of director candidates with experience in banking and payments to serve on financial technology company WEX's board, signaling its intent to push ahead with a planned proxy fight.
Wex (WEX) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Wex (WEX) and Visa (V). But which of these two stocks offers value investors a better bang for their buck right now?
Wex (WEX) reported earnings 30 days ago. What's next for the stock?
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After reaching an important support level, WEX Inc. (WEX) could be a good stock pick from a technical perspective. WEX recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Wex (WEX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Investors with an interest in Financial Transaction Services stocks have likely encountered both Wex (WEX) and Visa (V). But which of these two stocks is more attractive to value investors?