How Many Wageworks Inc (NYSE:WAGE)’s Analysts Are Bullish?

October 13, 2017 - By Clifton Ray

 How Many Wageworks Inc (NYSE:WAGE)'s Analysts Are Bullish?
Investors sentiment increased to 2.09 in Q2 2017. Its up 0.80, from 1.29 in 2017Q1. It is positive, as 24 investors sold Wageworks Inc shares while 42 reduced holdings. 35 funds opened positions while 103 raised stakes. 39.93 million shares or 7.41% more from 37.18 million shares in 2017Q1 were reported.
Metropolitan Life Insur holds 25,103 shares or 0.01% of its portfolio. 11 were accumulated by Qs Invsts Ltd. Moreover, Huntington Bancshares has 0% invested in Wageworks Inc (NYSE:WAGE) for 849 shares. Millennium Mngmt Ltd accumulated 0.03% or 286,587 shares. Quantbot Technology L P has invested 0.04% in Wageworks Inc (NYSE:WAGE). Essex Investment Mgmt Lc reported 0.23% of its portfolio in Wageworks Inc (NYSE:WAGE). Fiera Cap holds 0.13% in Wageworks Inc (NYSE:WAGE) or 392,159 shares. Capstone Limited Liability Corporation invested in 4,216 shares. Pier Capital Limited Liability Corporation holds 66,122 shares or 0.77% of its portfolio. Ubs Asset Management Americas invested in 206,800 shares or 0% of the stock. Cap Ww Invsts stated it has 0.01% in Wageworks Inc (NYSE:WAGE). Envestnet Asset Mgmt reported 37,317 shares. Moreover, Thrivent Financial For Lutherans has 0.06% invested in Wageworks Inc (NYSE:WAGE) for 212,597 shares. Moreover, Wealthtrust has 0.01% invested in Wageworks Inc (NYSE:WAGE) for 174 shares. Bankshares Of Montreal Can reported 21,979 shares.

Wageworks Inc (NYSE:WAGE) Ratings Coverage

Among 9 analysts covering WageWorks Inc (NYSE:WAGE), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. WageWorks Inc had 21 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 27. The rating was maintained by Leerink Swann on Monday, April 4 with “Outperform”. The firm earned “Buy” rating on Wednesday, October 14 by Sidoti. The firm earned “Buy” rating on Wednesday, October 4 by SunTrust. The stock of Wageworks Inc (NYSE:WAGE) has “Buy” rating given on Thursday, June 9 by Stifel Nicolaus. Needham maintained Wageworks Inc (NYSE:WAGE) on Thursday, November 10 with “Buy” rating. The rating was maintained by Standpoint Research on Thursday, June 9 with “Buy”. Stifel Nicolaus maintained the shares of WAGE in report on Monday, July 17 with “Buy” rating. The rating was maintained by Needham with “Buy” on Friday, February 19. The firm has “Buy” rating given on Tuesday, October 3 by Stifel Nicolaus. Below is a list of Wageworks Inc (NYSE:WAGE) latest ratings and price target changes.

06/10/2017 Broker: Needham Rating: Buy New Target: $82.0 Maintain
04/10/2017 Broker: SunTrust Rating: Buy New Target: $88.0 Maintain
03/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $85.0 Maintain
17/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $85.0000 Maintain
28/06/2017 Broker: JMP Securities Rating: Buy New Target: $82.0000

The stock decreased 0.93% or $0.6 during the last trading session, reaching $64.1. About 527,757 shares traded or 87.11% up from the average. Wageworks Inc (NYSE:WAGE) has risen 27.63% since October 13, 2016 and is uptrending. It has outperformed by 10.93% the S&P500.

WageWorks, Inc. is engaged in administering Consumer-Directed Benefits . The company has market cap of $2.54 billion. The Firm 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. It has a 58.73 P/E ratio. The Company’s CDB programs assist employees and their families in saving money by using pre-tax dollars to pay for certain of their healthcare, dependent care and commuter expenses.

Another recent and important Wageworks Inc (NYSE:WAGE) news was published by Bizjournals.com which published an article titled: “WageWorks unveils huge renovated facility in South End (PHOTOS)” on September 20, 2017.

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