Wageworks (WAGE) to Release Quarterly Earnings on Monday

Wageworks (NYSE:WAGE) will announce its earnings results after the market closes on Monday, July 2nd. Analysts expect the company to announce earnings of $0.42 per share for the quarter.

Shares of WAGE stock opened at $50.00 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $1.87 billion, a PE ratio of 37.80, a PEG ratio of 1.85 and a beta of 0.97. Wageworks has a 52-week low of $38.40 and a 52-week high of $69.25.

A number of equities research analysts have recently issued reports on WAGE shares. ValuEngine cut shares of Wageworks from a “sell” rating to a “strong sell” rating in a report on Thursday, April 12th. TheStreet cut shares of Wageworks from a “b-” rating to a “c+” rating in a report on Wednesday, March 7th. Zacks Investment Research cut shares of Wageworks from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 26th. Needham & Company LLC started coverage on shares of Wageworks in a report on Friday, April 6th. They issued a “hold” rating on the stock. Finally, JMP Securities reissued an “outperform” rating and issued a $60.00 price target (down from $82.00) on shares of Wageworks in a report on Monday, April 9th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $66.60.

About Wageworks

WageWorks, Inc engages in administering consumer-directed benefits (CDBs), which empower employees to save money on taxes, as well as provides corporate tax advantages for employers in the United States. It administers CDBs, 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 offers commuter benefit services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act, and other employee benefits.

Earnings History for Wageworks (NYSE:WAGE)

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