Home Sectors Industrials Recent Technicals: WageWorks (NYSE: WAGE)

Recent Technicals: WageWorks (NYSE: WAGE)


WageWorks trades as part of the industrials sector and business services industry. The company CEO is Edgar O. Montes. WageWorks Inc is a provider of tax-advantaged programs in the United States. It mainly offers consumer-directed benefits such as health savings accounts, health and dependent-care flexible spending accounts and commuter benefit services.

Previous Intraday Trading Performance:

The WAGE stock showed a previous change of -0.12% with an open at 48.95 and a close of 48.53. It reached an intraday high of 49.21 and a low of 48.24.

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The stock has a market cap of $1.9b with 39.9m shares outstanding, of which the float is 39.7m shares. Trading volume reached 511,930 shares compared to its average volume of 694,102 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, WageWorks shares returned -1.16% and in the past 30 trading days it returned 22.86%. Over three months, it changed 32.41%. In one year it has changed 13.26% and within that year its 52-week high was 56.80 and its 52-week low was 25.15. WAGE stock is 92.96% above its 52 Week Low.

Our calculations show a 200 day moving average of 39.41 and a 50 day moving average of 41.16. Currently WAGE stock is trading 23.15% above its 200 day moving average.

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The last annual fiscal EPS for the company was reported at 1.4 that ended on 31st of December 2017, which according to the previous close, that is a PE of 34.66. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.00.

Base on our calculations, the intrinsic value per share is 29.31, which means it may be overvalued by -65.58%

Indicators to Watch:

Short-interest was 1,973,132, which was 4.95% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.95. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.67

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 5.27%, return on assets is 2.00%, profit margin is 5.94%, price-to-sales is 8.68 and price-to-book is 2.93.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 5  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.