Shares of Wageworks Inc (NYSE:WAGE) have been given an average rating of “Hold” by the six ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $75.67.
A number of research firms have recently commented on WAGE. ValuEngine lowered shares of Wageworks from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Zacks Investment Research lowered shares of Wageworks from a “strong-buy” rating to a “hold” rating in a research report on Saturday, January 13th. Finally, TheStreet lowered shares of Wageworks from a “b-” rating to a “c+” rating in a research report on Wednesday, March 7th.
NYSE:WAGE traded up $0.95 on Friday, reaching $45.20. 310,624 shares of the company’s stock were exchanged, compared to its average volume of 798,511. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $1,791.59, a PE ratio of 50.22, a P/E/G ratio of 1.68 and a beta of 0.87. Wageworks has a 52 week low of $38.40 and a 52 week high of $76.55.
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Wageworks Company Profile
WageWorks, Inc is engaged in administering Consumer-Directed Benefits (CDBs). The Company administers CBDs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act (COBRA) and other employee benefits.
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